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Rivian stock spikes following latest update
TheStreet39d agobullish
Rivian stock spikes following latest update

BNP Paribas has been one of the few Wall Street firms that is bearish on EV industry leader Tesla. Late last year, the firm initiated coverage with an underperform rating and a $280 price target. BNPP cited unrealistic goals and a bloated valuation as the reasons for the bearish outlook on the ...

Chip Stocks Tumble Again
The Wall Street Journal40d agobearish
Chip Stocks Tumble Again

American employers added 57,000 new jobs last month, the Labor Department said Thursday. Memory stocks were particularly hard hit, with Sandisk falling 14.1% and Samsung Electronics declining 9.1% overnight.

Rivian Stock Jumps as Sales Defy EV Slowdown
The Wall Street Journal40d agobullish
Rivian Stock Jumps as Sales Defy EV Slowdown

Rivian delivered 12,194 electric vehicles in the second quarter, besting its guidance in what’s been a bruising year for EVs in the U.S., and sending its stock surging. The company had predicted deliveries of 9,000 to 11,000 for the quarter.

Investing.com40d agobullish
Rivian stock jumps 5% on raised delivery outlook

Investing.com -- Rivian Automotive (NASDAQ:RIVN) shares rose 5% Thursday following the company’s release of second quarter 2026 production and delivery figures and an upward revision to its full-year delivery guidance.

Bloomberg40d agoneutral
Rivian Boosts Delivery Outlook as Next-Generation EV Sales Begin

(Bloomberg) -- Rivian Automotive Inc. raised its full-year sales outlook in a promising sign as the maker of electric vehicles begins deliveries of its lower-cost SUV that’s seen as critical to the company’s future. Most Read from BloombergExxon to Change Name for First Time in Decades After RedomicileMeta Is Planning a Cloud Business to Sell AI Computing PowerKrafton Agrees to Pay ‘Subnautica 2’ Bonuses as Developer’s CEO ResignsUS Decides Against Renewing USMCA, Shifting to Rolling TalksSpaceX

General Motors Is a Cash-Compounding Machine. Buy the Stock.
Barrons.com54d agobullish
General Motors Is a Cash-Compounding Machine. Buy the Stock.

GM’s stock, however, is up more than 40% over the past five years even as its market cap clocks in around $75 billion today. The magic is share repurchases: GM has spent roughly $30 billion retiring 500 million shares over that span. Since 2021, GM has generated about $53 billion in free cash flow, despite Covid, inflating prices, tariffs, and ever-changing EV policies.

Rivian has bad news for hundreds of its workers
TheStreet55d agoneutral
Rivian has bad news for hundreds of its workers

Shipping a product people love and running a company that makes money are two different jobs. One earns applause. The other earns a line on the balance sheet, and the two rarely arrive in the same week. Rivian spent years selling the idea that it could become the next great American carmaker. Its ...

Rivian CEO reveals a costly mistake EV rivals keep making
TheStreet58d agoneutral
Rivian CEO reveals a costly mistake EV rivals keep making

Rivian (RIVN) is finally moving into the part of the electric vehicle market that could determine its future. The electric vehicle business is delivering its new R2 SUV, a more compact, affordable car that many investors view as Rivian’s greatest hope for breaking out of its niche as a builder of ...

AT&T lands Rivian win as Wall Street sees a growing threat
TheStreet67d 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, ...

Exclusive-Uber's commitment to self-driving startup Nuro is close to $500 million, sources say
Reuters69d 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.

Rivian just achieved something Tesla has long dominated
TheStreet70d 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 ...

Maybe investors can wait to buy SpaceX after IPO: Lee Munson
Yahoo Finance Video81d agobullishVIDEO
Maybe investors can wait to buy SpaceX after IPO: Lee Munson

Elon Musk's private space operator, SpaceX (SPAX.PVT), released its S-1 filing this week as it plans to go public via IPO in June. The Wall Street Journal has reported that AI developer OpenAI (OPAI.PVT) is preparing to file for its own mega-IPO. As investors anticipate this mega-IPO, should they be equally cautious as they are bullish on these companies ? Portfolio Wealth Advisors president and CIO Lee Munson, Yahoo Finance Markets and Data Editor Jared Blikre, and Senior Business Reporter Ines Ferré weigh in on the wave of upcoming IPOs.