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Rivian stock soars 37% after it strikes $5 billion deal with Volkswagen
"This is a core game changer for Rivian and changes the capital structure of the company looking ah…
Matthew Fox
I was laid off from Rivian after surviving 3 earlier layoffs. It was almost a relief when it was over.
On Wednesday, Rivian announced it was laying off 10% of salaried staff, but impacted workers wouldn…
Grace Kay
Arm's IPO debut is coming today at a valuation of $54.5 billion
The listing could revive the ailing IPO market and prompt more companies to go public following a p…
Joseph Wilkins
Tesla challenger Rivian's market value almost doubled in 2 weeks as its stock price hit a 2023 high
Rivian Automotive's stock has been on fire lately, almost doubling in price over just two weeks and…
Joseph Wilkins
Rivian plunges 22% as Ford and other investors to sell millions of shares as lock-up period expires
A lock-up period last six months after a company goes public, preventing insiders and early investo…
Matthew Fox
Chip designer Arm looks to ride the AI boom with the biggest US IPO since 2021
Arm's planned IPO, which hopes to raise up to $10 billion, is set to be the largest US listing sinc…
Joseph Wilkins
Wall Street is loving AI while Big Tech is warning employees about how they use it
In today's big story, we're looking at Wall Street's love affair with Nvidia (and AI) while Big Tec…
Dan DeFrancesco
Rivian falls 9% after 'Twilight Zone' quarter reveals massive supply chain disruptions and reduced 2022 production guidance
"One more major PR blunder or meaningful delivery push out for Rivian reservation customers could e…
Matthew Fox
Rivian soars 29% in IPO debut, valuing electric truck company above peers at nearly $100 billion
The Rivian IPO raised $11.9 billion from the sale of 153 million shares, making it the sixth bigges…
Matthew Fox
Arm is headed for a $52 billion IPO that's set to draw tech titans like Apple and Nvidia. Here's what to know about the biggest US stock debut of the year.
The Softbank-owned chip firm has also drawn interest from Samsung, Intel, and Advanced Micro Device…
Phil Rosen
Rivian plans to sell a portion of its $60 billion IPO directly to SoFi users
The electric vehicle company plans to sell 135 million Class A shares in its IPO, and 675,000 share…
Matthew Fox
EV stocks are seeing a historic sell-off, with some down 90% from their peak
The industry is being slammed by higher borrowing costs, slow growth in Europe, and expiring subsid…
Aruni Soni
The big winners in Rivian's $77 billion IPO include Amazon, Ford, and a Saudi investor that sells gas-fueled cars
The Rivian IPO will raise $11.9 billion for the electric vehicle manufacturer, making it the sixth …
Matthew Fox
Dan Loeb's hedge fund Third Point netted a $300 million profit from Rivian's IPO, report says
Third Point was among the big winners from EV startup Rivian's blockbuster IPO earlier this month.
Harry Robertson
Rivian drops 18% in its first down day as a public company following massive post-IPO surge
The strong up and down trading moves Rivian highlights the heightened volatility risk posed to inve…
Matthew Fox
Rivian extends post-IPO rally to 93% with Biden expected to sign $1 trillion infrastructure bill that includes billions for EVs
The bill allocates $7.5 billion to the buildout of a network of 500,000 electric charging stations …
Matthew Fox
Amazon-backed Rivian aims for $66.5 billion market value as the Tesla rival goes public at a higher price than expected
Rivian has priced its IPO at $78 per share, higher than it had initially expected, as excitement bu…
Harry Robertson
Cathie Wood reportedly said Ark Invest won't buy Rivian stock due to the EV maker's 'rich' valuation
Wood's comments came before Rivian's first public trades this afternoon, when the company was value…
Matthew Fox
Amazon-backed Rivian is targeting an IPO valuation above $60 billion. That could make the EV startup more valuable than Honda.
With a $60 billion valuation, electric vehicle-focused Rivian's market worth could top that of carm…
Shalini Nagarajan
Chamath Palihapitiya defends Rivian's $110 billion market cap, and says the EV startup's critics remind him of Tesla bears
Billionaire investor Chamath Palihapitiya said Rivian had "done a very smart path to market" by boo…