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2024-06-28 17:44:50 ET Summary Rivian Automotive, Inc. stock surged after Volkswagen's investment, settling around $14, above moving averages. The Volkswagen deal validates Rivian, reduces risks, and aids in production expansion and distribution. Investor day highlighted cost ...
2024-06-28 15:03:58 ET Rivian Automotive (NASDAQ: RIVN) stock shot higher after it announced a surprising new deal with global auto giant Volkswagen earlier this week. As investors digest more details of the multifaceted arrangement, some are taking quick gains from the stock's ...
2024-06-28 15:00:00 ET More on the markets S&P 500: Stay Invested, But Pay Attention To These Risks SPY: The Upside Is Likely Capped SPY: Rating Downgrade Due To Overvaluation S&P 500 H1 performance: Market cap vs. Equal weight Biden-Trump pre...
2024-06-28 04:22:00 ET The once-hot electric vehicle (EV) market fizzled out over the past two years as many automakers grappled with rising interest rates, higher production costs, supply chain constraints, and a persistent price war in China. As the market cooled off, many investors rotat...
2024-06-28 04:08:00 ET Rivian (NASDAQ: RIVN) won the attention of investors when it went public back in 2021 at a time when investors were giddy about electric-vehicle (EV) stocks and low interest rates made car buying more affordable than today. Fast forward a few years, and high i...
A look at the top 10 most actives in the United States Faraday Future Intelligent Electric Inc. (FFIE) rose 30.9% to $0.6 on volume of 558,931,853 shares NVIDIA Corporation (NVDA) fell 1.9% to $123.99 on volume of 249,243,816 shares Assure Holdings Corp. (IONM) rose 82.8% to $0.424 on vol...
2024-06-27 14:46:32 ET Shares of the electric vehicle (EV) maker Rivian Automotive (NASDAQ: RIVN) accelerated this week after the company announced a new joint venture with Volkswagen , which gives Rivian an initial $1 billion in cash. That was the main headline for Rivian t...
2024-06-27 14:27:19 ET Summary Lucid Group, Inc. investors reacted positively to the Volkswagen-Rivian joint venture news. Lucid recently had an almost 30% short-interest ratio, suggesting some short-covering could have occurred. Lucid already has a cornerstone backer: the Sau...
2024-06-27 09:17:08 ET Rivian Automotive (NASDAQ: RIVN) investors got some great news on Tuesday. Rivian and Volkswagen (OTC: VWAGY) announced they will form a joint venture (JV) that will marry Rivian technology to Volkswagen cash -- as much as $5 billion that Rivian can us...
2024-06-27 09:11:39 ET More on Rivian Rivian Soars On Volkswagen Deal, Still Just A Hold (Upgrade) Rivian: Volkswagen Deal Is A Game Changer Rivian Automotive: Upgrading On Volkswagen Investment And Proposed Joint Venture Biggest stock movers today: VSTO, WHR...
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2024-07-21 05:28:00 ET While many investors are currently pessimistic regarding the electric vehicle (EV) industry, as sales growth continues to creep along rather than explode higher, Rivian (NASDAQ: RIVN) continues to buck the trend with positive news. Not only did it exceed expec...
2024-07-20 18:06:00 ET The transition to battery-powered vehicles is well under way, with prominent automotive stalwarts shifting production and resources to making electric vehicles, and small EV start-ups developing their own models. Despite this focus, EV stocks have been volatile ov...
2024-07-20 06:15:00 ET Rivian Automotive (NASDAQ: RIVN) just inked a deal with Volkswagen that Fisker dreamed of as it was reaching for help before eventually filing for bankruptcy. That's not to say Rivian is anywhere near the position Fisker found itself in. Still, the potenti...