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Rivian Uber Robotaxi Deal Recasts EV Maker’s Long Term Story
Simply Wall St.81d agoneutral
Rivian Uber Robotaxi Deal Recasts EV Maker’s Long Term Story

Rivian Automotive (NasdaqGS:RIVN) has secured a multi billion dollar order from Uber for up to 50,000 R2 SUVs. The vehicles are planned to be used as part of Uber's future robotaxi fleet focused on autonomous services. The agreement deepens Rivian's push beyond consumer EVs into commercial and autonomy focused partnerships. Rivian shares last closed at $13.79, with the stock down 3.0% over the past week and down 20.0% over the past month. Over the year to date, the share price is down...

The SpaceX IPO Is Coming June 12. Here’s Why You Shouldn’t Rush In to Buy
24/7 Wall St.81d agobullish
The SpaceX IPO Is Coming June 12. Here’s Why You Shouldn’t Rush In to Buy

For years, investors have watched private companies stay private longer while Wall Street’s biggest gains increasingly went to venture capital firms and institutional money managers. That’s part of why the upcoming IPO of SpaceX has generated so much excitement. Retail investors finally get a shot at owning one of the world’s most influential companies. And ... The SpaceX IPO Is Coming June 12. Here’s Why You Shouldn’t Rush In to Buy

Automotive Properties Real Est Invt TR Q1 Earnings Call Highlights
MarketBeat82d agoneutral
Automotive Properties Real Est Invt TR Q1 Earnings Call Highlights

Automotive Properties Real Est Invt TR (TSE:APR.UN) reported higher first-quarter revenue and cash flow, with management citing the impact of acquisitions completed in 2025 and early 2026, along with contractual rent increases embedded in its net lease portfolio. President and CEO Milton Lamb said

Trump’s Manufacturing Push Is Creating Tailwinds for These 3 Stocks Under $30
24/7 Wall St.82d agoneutral
Trump’s Manufacturing Push Is Creating Tailwinds for These 3 Stocks Under $30

American manufacturing is having a moment. Reshoring incentives, the AIM Act refrigerant transition, EV plant buildouts, and aerospace demand are pushing capital back into U.S. factories, yet the share prices of several domestic producers still sit in deep-value territory. With manufacturing contributing $2,961.4 billion to GDP in Q4 2025 and policy tailwinds aligning, stocks under ... Trump’s Manufacturing Push Is Creating Tailwinds for These 3 Stocks Under $30

Citi Cuts Lucid Price Target to $14: Q1 Miss, Pulled Guidance Test the Saudi-Backed EV Maker
24/7 Wall St.82d agobearish
Citi Cuts Lucid Price Target to $14: Q1 Miss, Pulled Guidance Test the Saudi-Backed EV Maker

Citi just trimmed its price target on Lucid Group (NASDAQ:LCID) to $14 from $17, while keeping a Buy rating. Analyst Michael Ward cited the company’s Q1 2026 miss and the withdrawal of its 2026 outlook, but argued the medium-term thesis remains intact. For long-term investors, the price target cut reads as a sobering near-term recalibration ... Citi Cuts Lucid Price Target to $14: Q1 Miss, Pulled Guidance Test the Saudi-Backed EV Maker

Mind Robotics Funding Recasts Rivian Story Beyond EVs And Into Robotics
Simply Wall St.82d agoneutral
Mind Robotics Funding Recasts Rivian Story Beyond EVs And Into Robotics

Mind Robotics, a spinout from Rivian, has raised US$400 million in a new funding round. The round values Mind Robotics at US$3.4b in under a year since its creation. Kleiner Perkins led the investment, highlighting fresh capital interest around Rivian’s broader technology efforts. For investors watching NasdaqGS:RIVN, the Mind Robotics funding round adds a new angle to what has largely been viewed as an electric vehicle story. Rivian is now tied to a separately funded robotics business...

3 Stocks Under $50 That Concern Us
StockStory84d agoneutral
3 Stocks Under $50 That Concern Us

Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges. However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.

Reuters84d agoneutral
Rivian spinout Mind Robotics valued at $3.4 billion in new funding round

Mind Robotics, a spinout from Rivian, was valued at $3.4 ‌billion in a new funding round, ‌up from the $2 billion valuation it secured during its ​Series A raise in March, according to a source familiar with the matter. The industrial robotics startup has raised $400 million in the Kleiner Perkins-led ‌round, bringing its ⁠total funding to more than $1 billion in less than a year. • New investors in the round include Meritech Capital, Redpoint Ventures, SV Angel, Incharge ​Capital, A-Star ​Capital, and Garuda ​Ventures.

Rivian CEO’s Robotics Spinoff Raises $400 Million
The Wall Street Journal84d agoneutral
Rivian CEO’s Robotics Spinoff Raises $400 Million

Mind Robotics, the startup founded by Rivian Chief Executive RJ Scaringe, raised an additional $400 million from investors on Wednesday, the latest bet on an AI-powered bot revolution in manufacturing. The startup has now raised more than $1 billion to pursue its plan to develop industrial robots for vehicle production and beyond. Mind Robotics, founded late last year, is teaming up with Rivian to train and deploy hundreds of smart robots in the carmaker’s factory in Normal, Ill., with the goal of eventually becoming a supplier to broader manufacturing sectors.

Tesla Surges on AI, Rivian Struggles to Stay Afloat
24/7 Wall St.85d agobullish
Tesla Surges on AI, Rivian Struggles to Stay Afloat

Tesla (NASDAQ: TSLA) and Rivian (NASDAQ: RIVN) both closed the books on Q1 FY2026, and the contrast is impossible to ignore. Tesla posted $22.39 billion in revenue with an automotive gross margin of 21.1%. Rivian delivered $1.381 billion while its automotive segment slipped to a $62 million gross loss. Same industry, very different chapters. AI ... Tesla Surges on AI, Rivian Struggles to Stay Afloat

Assessing Rivian (RIVN) Valuation After Uber’s 50,000 Autonomous R2 SUV Robotaxi Commitment
Simply Wall St.88d agoneutral
Assessing Rivian (RIVN) Valuation After Uber’s 50,000 Autonomous R2 SUV Robotaxi Commitment

Rivian Automotive (RIVN) is back in focus after Uber committed to buy 10,000 autonomous R2 electric SUVs in 2028, with a further 40,000 planned by 2030, spotlighting Rivian’s robotaxi ambitions. See our latest analysis for Rivian Automotive. Despite the Uber robotaxi order and fresh capital from recent private placements, short term momentum has cooled, with a 7 day share price return of a 13.46% decline and a year to date share price return of a 26.88% decline, even as the 1 year total...

Rivian gets serious about challenging Tesla FSD with latest move
TheStreet90d agoneutral
Rivian gets serious about challenging Tesla FSD with latest move

Rivian is getting proactive about its future as it looks to chip away at the electric vehicle market that is dominated by Tesla. To catch its rival, Rivian understands that to compete with Tesla, it must be more than just a car company; it must also be a technology leader. Many of its recent ...