Up 14%, Is Rivian Stock Finally a Buy?

05:41am, Thursday, 09'th Feb 2023
This electric vehicle start-up has a long road to profitability.
Amazon's bet on the electric vehicle industry might need to recharge.

Why Rivian, Lucid, and Canoo Plunged Today

11:53am, Tuesday, 07'th Feb 2023
Tesla is reversing some recent price cuts and that's not good news for the competition.
Among the early stage electric vehicle stocks, Rivian Automotive (NASDAQ: RIVN ) has far fewer problems with its underlying business. However, whether that makes RIVN stock a great opportunity today i
Higher competition is clearly brewing in the automotive sector, which has been creating an urgency for EV stocks. Tesla (NASDAQ: TSLA ) reached its recent trough when the electric vehicle leader suffe
Despite supply chain snarls, inflation woes and economic concerns, we expect ALSN, LKQ and RIVN to top estimates this earnings season.
You might know Rivian Automotive (NASDAQ: RIVN ) as a manufacturer of electric vehicles (EVs), primarily trucks and SUVs. However, RIVN stock traders are grappling with the company's recent announceme

Ford Crushes Rivian

10:59am, Sunday, 05'th Feb 2023
Ford sold shares in Rivian worth about $3 billion last year. It got out just in time.
A leaked memo sent by Mr. Scaringe, Rivian's (RVIN) CEO and Founder, to an employee, insinuates another round of layoffs in less than a year amidst the EV price war.
The auto industry is fiercely competitive, but the EV maker might have a unique opportunity to get its foot in the door.
Ford liquidated most of its ownership stake last year in EV maker Rivian Automotive.
It's been a difficult week for Ford (NYSE: F ), and things aren't looking up today. The auto giant recently reported high losses for 2022 to the tune of $2 billion.
Ford said Thursday that it has sold almost its entire Rivian stake. It's paying a special dividend with the cash raised.

US Markets Rally Back on Powell Comments

07:10pm, Wednesday, 01'st Feb 2023
U.S. stock markets started Feb. 1 with declines on news of the Fed's latest rate hike but ended the day higher following comments from the Fed chair.
Yahoo Finance automotive reporter Pras Subramanian explains Rivian's recent round of layoffs amid pressures to ramp up its EV production targets.
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