Rivian Earnings: 5 Quick Takeaways You Should See

08:36am, Wednesday, 10'th May 2023
The electric pickup truck and SUV maker's losses narrowed as cost-saving programs started to pay off. Management reaffirmed its full-year production target.
CTI BioPharma Corp. CTIC stock soared 83% in premarket trading after Swedish Orphan Biovitrum AB SE:SOBI said it had entered into an agreement to acquire the biotech in a deal valued at $1.7 billion.
Dan Ives, Wedbush Securities managing director, and Gordon Johnson, GLJ Research CEO, join 'Last Call' to discuss the future of EV's as auto stock struggle to keep the pace.
Shares of Rivian Automotive Inc (NASDAQ: RIVN) are trading up in extended hours after the EV company reported a narrower than expected loss for its fiscal first quarter.
Truist Securities Equity Research Analyst Jordan Levy discusses the latest earnings report from Rivian and details the company's plan to deliver over 50,000 vehicles next year.

The Top 10 Meme Stocks Right Now

05:07pm, Tuesday, 09'th May 2023
The market seems to be inching closer to its next big short squeeze. Multiple popular meme stocks are in the spotlight as more names join the list of companies with no shares available to short.
Rivian Automotive, Inc reported a first-quarter 2023 adjusted loss per share of $1.25, better than the $1.59 per-share deficit expected by Wall Street analysts, as the electric vehicle maker said it's
Shares of Rivian Automotive Inc. rose nearly 6% in the aftermarket Tuesday after the electric-vehicle maker reported a narrower loss for the quarter and kept intact its guidance for the year.
Rivian reported earnings for the first quarter of 2023. Rivian reported a loss per share of $1.25.
Rivian may still be burning through cash, but its managed to narrow losses and generate more revenue as the automakers sells more of its EVs while paring costs.
Rivian Automotive Inc beat Wall Street estimates for quarterly revenue on Tuesday as the electric-vehicle maker sold more higher-priced vehicles during the first three months of this year.
Rivian has been working to reduce its spending over the last several months in a bid to conserve cash.
Rivian Automotive, Inc RIVN was trading slightly higher on Tuesday as the company heads into its first-quarter earnings print after the market close.
EV startup Rivian is working through growing pains, amid rising raw material costs and chip shortages. Is Rivian stock a buy?
Rivian has revved up the excitement of EV investors looking for the next Tesla. Growing interest in AI has led many to turn to IBM.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE