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2024-07-02 13:13:00 ET Summary Tesla shares rally after exceeding vehicle sales expectations, with most sales coming from Models 3 and Y. Fed Chairman Powell leans dovish, citing cooling economy and inflation progress. Six Flags-Cedar combined company begins trading, with a po...
2024-07-02 12:00:44 ET Share prices of the electric automaker Rivian Automotive (NASDAQ: RIVN) were rising Tuesday after the company released second-quarter delivery numbers that were better than expected. The good news comes on the heels of a new joint venture with Volkswagen t...
2024-07-02 10:04:12 ET Summary Recent developments, including a joint venture with Volkswagen, have prompted me to upgrade Rivian stock to "Buy". Financial figures for Rivian show improvement in margins and cost-effectiveness, with expectations for reduced cash burn and increased ...
2024-07-02 09:11:50 ET More on Tesla Tesla: I Am Shorting As Growth Story Dwindles Tesla: ARK's Valuation Is Stretched But The Vision Is Right Date Your Stocks, Don't Marry Them - Jonah Lupton Tesla does not look like a Magnificent 7 stock anymore -- Wells Fa...
2024-07-02 09:10:00 ET U.S. stock index futures on Tuesday pointed to a slightly lower open, as market participants await an appearance from Federal Reserve chief Jerome Powell at a European Central Bank forum. Here are some stocks to watch on Tuesday: ... Read the full artic...
2024-07-02 08:41:23 ET More on Rivian Rivian: A Limited Road Ahead Rivian: Here's My Game Plan After The VW Deal And Investor Day Rivian Soars On Volkswagen Deal, Still Just A Hold (Upgrade) Trending stocks of the week: MU, DJT, RIVN, AMZN and more Ri...
Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter ending June 30, 2024. The company produced 9,612 vehicles at its manufacturing facility in Normal, Illinois and delivered 13,790 vehicles during the same period. Production and delivery resul...
2024-07-01 11:34:54 ET Summary Rivian's stock has plummeted over 80% from its highest valuation of $100 billion to about $11 billion due to supply chain issues and slowing EV demand. Limited top-line growth due to paused factory construction and production constraints may hinder r...
2024-07-01 08:45:00 ET The electric vehicle (EV) industry has not been particularly kind to investors, especially those who bet on Rivian Automotive (NASDAQ: RIVN) . Its shares have lost around 90% of their value since going public three years ago amid rising competition a...
2024-07-01 05:10:00 ET Owning Rivian (NASDAQ: RIVN) stock is not for the faint of heart, even after a recent $5 billion cash infusion from Volkswagen (OTC: VWAGY) . But if you are a more aggressive investor, that cash lifeline could be exactly what Rivian needs to create a p...
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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...