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AT&T Targets New Revenue Streams With Rivian And In Car Partnerships
Simply Wall St.58d agobullish
AT&T Targets New Revenue Streams With Rivian And In Car Partnerships

AT&T (NYSE:T) has agreed a new connected vehicle partnership with electric vehicle maker Rivian, centered on the upcoming R2 platform. The company also announced a multi-party collaboration with LiveOne and Cisco to expand its in-car entertainment and connectivity services. These moves are aimed at wider use of AT&T's network in future mobility and digital services, including potential deployment across millions of vehicles. AT&T, trading at about $22.5 per share, has had a mixed run, with...

SpaceX Stock's Lockup: You've Been Warned
Trefis58d agoneutral
SpaceX Stock's Lockup: You've Been Warned

At a reported $1.8 trillion valuation, SpaceX (SPCX) is set to be the largest IPO in history. The business is genuinely exceptional. Starlink is profitable, launch economics are unmatched, and the defense contract pipeline is deep. But the stock will almost certainly price at a significant speculative premium, and that is precisely the context in which lockup periods matter most. Related: SpaceX At 100x Revenue: A Warning From 2000.

Here’s What Rivian Automotive Inc (RIVN) Said About the NHTSA Probe
Insider Monkey58d agobearish
Here’s What Rivian Automotive Inc (RIVN) Said About the NHTSA Probe

Rivian Automotive Inc (NASDAQ:RIVN) is among the best Robinhood stocks under $20 to buy now. On May 28, the US auto safety regulator, the NHTSA, said it is evaluating nearly 115,000 Rivian vehicles following reports about the potential issues with the rear toe link. This probe is focused on Rivian’s R1S and R1T models. According […]

Is Rivian Automotive, Inc. (RIVN) A Good Stock To Buy Now?
Insider Monkey59d agobullish
Is Rivian Automotive, Inc. (RIVN) A Good Stock To Buy Now?

Is RIVN a good stock to buy? We came across a bullish thesis on Rivian Automotive, Inc. on LongYield’s Substack. In this article, we will summarize the bulls’ thesis on RIVN. Rivian Automotive, Inc.’s share was trading at $16.95 as of June 1st. Rivian Automotive, Inc., together with its subsidiaries, develops, manufactures, and sells category-defining electric vehicles. […]

Rivian Faces Safety Probe As 5G Partnership Shapes R2 Investment Case
Simply Wall St.60d agoneutral
Rivian Faces Safety Probe As 5G Partnership Shapes R2 Investment Case

NHTSA has opened a preliminary investigation into reported rear suspension toe link failures on certain Rivian R1S SUVs. The probe focuses on potential safety issues tied to rear suspension performance in the R1S. Rivian has expanded its partnership with AT&T to bring built in 5G connectivity and AI driven features to the upcoming R2 SUV. The R2 launch is intended to move Rivian further into the mass market with more connected vehicle capabilities. Rivian Automotive (NasdaqGS:RIVN) sits at...

AT&T lands Rivian win as Wall Street sees a growing threat
TheStreet61d agoneutral
AT&T lands Rivian win as Wall Street sees a growing threat

AT&T (T) has a new problem on Wall Street. The telecom behemoth has spent years trying to convince investors that its story is greater than dividends, debt reduction and old-school wireless service. That effort has been strengthened. AT&T has been busy extending its fiber footprint, ...

Volkswagen’s Rivian Stake Puts Focus On R2 Launch And Valuation Gap
Simply Wall St.62d agoneutral
Volkswagen’s Rivian Stake Puts Focus On R2 Launch And Valuation Gap

Volkswagen agreed to invest $1b in Rivian Automotive (NasdaqGS:RIVN) through a private placement, taking a minority stake in the company. The deal aligns with Rivian's planned R2 SUV launch and its expansion into a new Georgia manufacturing plant supported by a $4.5b Department of Energy loan. The partnership includes potential technology collaboration between the two automakers as Rivian prepares to move beyond niche EV production. Rivian Automotive (NasdaqGS:RIVN), currently trading at...

Rivian Automotive (RIVN) Extends Run to 10th Day Ahead of R2 Launch
Insider Monkey63d agoneutral
Rivian Automotive (RIVN) Extends Run to 10th Day Ahead of R2 Launch

Rivian Automotive Inc. (NASDAQ:RIVN) is one of the 10 Stocks With Remarkable Resilience. Shares in Rivian Automotive extended its winning streak to a 10th straight day on Wednesday, jumping 5.67 percent to close at $18.27 apiece, as investors resumed buying positions ahead of next week’s official launch of its R2 sports utility vehicle, supported by […]

Exclusive-Uber's commitment to self-driving startup Nuro is close to $500 million, sources say
Reuters63d agoneutral
Exclusive-Uber's commitment to self-driving startup Nuro is close to $500 million, sources say

Uber has committed close to half a billion dollars in self-driving startup Nuro, two sources directly aware of the matter told Reuters, detailing the ‌extent of a major investment by the ride-hailing company in developing commercial robotaxis. Uber has ​been positioning itself as a platform for the nascent industry and has partnered with many autonomous vehicle companies, including Chinese tech giant Baidu, U.S. electric vehicle maker Rivian, and British startup Wayve. One of Uber's commitments is a three-way partnership with Nuro and electric vehicle company Lucid to roll ‌out 35,000 robotaxis using Lucid's Gravity ⁠SUVs and upcoming midsize vehicles, Nuro's technology and Uber's platform.

Is It Time To Reassess Rivian (RIVN) After Its Recent 20% Weekly Price Jump
Simply Wall St.63d agobullish
Is It Time To Reassess Rivian (RIVN) After Its Recent 20% Weekly Price Jump

If you are trying to figure out whether Rivian Automotive stock is attractively priced or already baking in a lot of future expectations, it helps to start with how the market has been treating it recently. Rivian trades at US$17.29 after a 20.2% gain over the last 7 days and a 15.1% gain over the past month. The year-to-date return is a decline of 10.9%, and the 1-year return sits at 20.3%. These moves sit against a backdrop of steady attention on the company as an electric vehicle maker,...

Rivian just achieved something Tesla has long dominated
TheStreet65d agoneutral
Rivian just achieved something Tesla has long dominated

Tesla (TSLA) has developed one of the most important advantages in the electric vehicle (EV) industry over the years. The corporation doesn’t only move a lot of EVs. It has also been a benchmark for maximizing the driving range from every kilowatt-hour of battery capacity. It matters to drivers who ...

Rivian Automotive (RIVN): One of the Best Jeff Bezos Stocks to Buy
Insider Monkey65d agobullish
Rivian Automotive (RIVN): One of the Best Jeff Bezos Stocks to Buy

We just covered the Jeff Bezos Stock Portfolio: Top 10 Stock Picks and Rivian Automotive, Inc. (NASDAQ:RIVN) ranks 5th on this list. Rivian Automotive, Inc. (NASDAQ:RIVN) has a dual-layered financial partnership with Jeff Bezos, as the former is the central hardware element of Amazon’s corporate climate initiative. In February 2019, Bezos personally directed Amazon to […]