Rivian Shares Having

Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.

Worries that EV tax credits may go away under the Trump administration hit a fever pitch on Thursday, dragging down the stocks.

Business - MarketWatch - 10 hours ago

Rivian Maintains Profitability Target Despite Part Shortage

The carmaker said a part shortage in the third quarter hampered factory production, but it is still on track to report its first gross profit by year-end.

Business - The Wall Street Journal - November 7

Volkswagen and Rivian Form Joint Venture, Deepening Alliance

The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.

Business - The New York Times - 2 days ago

Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion

Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.

Business - MarketWatch - Yesterday

Can my son live in my home permanently after my death? Or will he have to share it with his siblings?

A trust has many options, but you have to make some hard decisions first

Business - MarketWatch - Yesterday

Rivian’s losses widen, but investors like hearing of ‘progress’ in next-gen EV

Rivian posted a wider loss and lower sales than Wall Street expected, but says it is making progress with its next-generation EV platform.

Business - MarketWatch - November 8

Rivian Reassures Investors With Cost Cuts, Green Credit Sales

Despite weak EV demand, the truck maker said it’s on track to make a gross profit in the last three months of the year.

Business - Inc. - 6 days ago

VW launches $5.8bn tie-up with Tesla rival Rivian

The firms will share EV technology as they face slowing demand and competition from Chinese rivals.

Inside VW and Rivian's $5.8 Billion Bet to Rescue Each Other

The world’s second-largest automaker and the Silicon Valley startup are trying to address each other’s core weakness.

Business - The Wall Street Journal - Yesterday

Rivian lowers earnings guidance after missing Wall Street's third-quarter expectations

Rivian Automotive missed Wall Street's third-quarter expectations, including a massive difference in revenue of $116 million.

Business - CNBC - November 7

Rivian has Wall Street turning more cautious after mixed financial snapshot

A mixed quarter for the EV maker translated into more caution on Wall Street, which also mulled over the implications of the future Trump administration.

Business - MarketWatch - 6 days ago

Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW cars expected as early as 2027

The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical architecture arriving as early as 2027.

Business - CNBC - 2 days ago

VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit

VW's capital to Rivian isn't guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don't always result in long-term successes.

Business - CNBC - Yesterday

Lucid stock tumbles following public offering to raise $1.67 billion

Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."

Business - CNBC - October 17

Final Snapchats shared from Argentina

The posts were shared just hours before the singer's death but appear to have been filmed in the days before.

Netflix Shares Rise on Subscriber Growth

The popular streaming platform forecast higher customer sign-up rates for December as its ad-supported service drew new viewers.

Business - Inc. - October 18

PayPal shares fall on revenue miss, soft guidance

PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.

Business - CNBC - October 29

Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares

Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earnings

Business - Financial Times - October 31

WATCH: Trump, Harris prepare for election night

ABC News contributor Cristina Tzintzún Ramirez and former RNC staff member Cassie Smedile talk about the candidates’ campaign strategies.

3 states uphold abortion restrictions, 7 others protect abortion access

Measures that would have protected abortion rights at the state level are projected to fail in Florida, Nebraska and South Dakota.

Sarah McBride will be the 1st openly trans member of Congress, ABC projects

Delaware State Sen. Sarah McBride has become the first openly transgender person to be elected to Congress, ABC News projects.

WATCH: Trump: 'We overcame obstacles that nobody thought possible'

Former Pres. Trump addressed supporters on Election Night: “This was a movement like nobody’s ever seen before, and frankly, I believe this was the greatest political movement of all-time.”

Biden congratulates Trump, invites him to meeting at White House

President Joe Biden spoke on the phone with former President Donald Trump on Wednesday and "congratulated him on his victory," the White House said in a statement.

WATCH: Chaos ensues after racoon crashes through LaGuardia Airport ceiling

Chaos ensued at the Spirit Airlines counter inside LaGuardia Airport in New York after a raccoon came crashing through a ceiling panel.

Convicted Jan 6. rioter seeks pardon based on Trump's victory

Moments before a convicted Jan. 6 rioter was sentenced Thursday, he sought a full pardon. He claimed President-elect Donald Trump’s victory vindicated his actions.

Judge rules Biden's program for undocumented spouses is illegal

On Thursday, Judge J. Campbell Barker ruled in favor of the Republican-led effort to dismantle the Biden administration's program

Emerging markets are having a moment

US interest rate cuts spur reassessment of asset class and bolster its allure

Business - Financial Times - October 18

Democrats have a 'smug' problem

Large factions of the left condescendingly believe that dumb people are the reason Trump won in 2016, and won again in 2024.

Politics - The Hill - 15 hours ago

Penguins' Malkin, Crosby share milestone night

Evgeni Malkin became the 48th player in NHL history to score 500 career goals and Sidney Crosby became the 10th player in NHL history with 1,600 regular-season points in a career in Wednesday's win ...

Sports - ESPN - October 17

Merck KGaA Shares Jump on Expectations of AI Boost

The German company said booming artificial-intelligence demand would help its electronics sales grow faster than previously expected over the medium term.

Business - The Wall Street Journal - October 17

CVS replaces CEO as profits, share price suffer

Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.

CVS Ousts Karen Lynch as C.E.O. and Shares Fall

Shares of the health care conglomerate dropped after the sudden departure of Karen Lynch and a downbeat update on the state of the company’s finances.

Business - The New York Times - October 18

Ryan Reynolds Shares the Keys to Killer Marketing

At the 2024 Inc. 5000 Conference, the ‘Deadpool’ actor and entrepreneur said ads should be joyful and culturally relevant.