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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   


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Stock market news: US stocks slide and bond yields rise as traders eye new economic data

Traders are looking ahead to new inflation data at the end of the week. Nvidia shares wavered after…

Jennifer Sor   


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The best-performing EV stock this year is a school bus manufacturer

An electric school bus can sell for more than $300,000 compared to just $100,000 for a traditional …

Matthew Fox   


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1 min read

Fisker plunges 55%, drags EV stocks lower as it reportedly mulls bankruptcy

A cooldown in electric vehicle sales and a boom in hybrid sales has spelled disaster for smaller EV…

Matthew Fox   


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Fisker stock implodes, gets delisted from NYSE after financing deal with large automaker falls through

Fisker said in a SEC filing that it "continues to evaluate strategic alternatives." Those alternati…

Matthew Fox   


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Tesla's stock plunge could turn around quickly if it gets a 'real CEO,' investor Ross Gerber says

"This could turn around very quickly if either Tesla gets a real CEO who's actually going to help t…

Filip De Mott   


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1 min read

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   


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1 min read

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   


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3 mins read

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   


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ExxonMobil passed Tesla as the most shorted stock last month. Here are the 10 names investors are betting against the most.

After four straight months as the most-shorted stock, Elon Musk's EV maker moved into second place …

Phil Rosen   


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Rivian extends 2-day gain to 19% as Wedbush says the company's turnaround in EV production is taking hold

"We strongly believe in the Rivian long-term story and view a number of positive catalysts ahead al…

Matthew Fox   


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Tesla rival Rivian's stock sinks 17% after the EV maker's output forecast comes in well below expectations

EV maker Rivian said in its fourth-quarter earnings it expects to make 50,000 vehicles in 2023, abo…

Ryan Hogg   


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5 mins read

Pharmaceutical companies behind weight-loss drugs are slimming down a new target: The Magnificent 7

In today's big story, we're looking at pharma companies' surging stocks and threatening tech darlin…

Dan DeFrancesco   


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1 min read

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   


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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   


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1 min read

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   


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2 mins read

Hedge funds are being forced to cover their bearish bets, as the stock market continues to defy doubters

Hedge funds have been caught off-guard by the market's rally, losing over $175 million this year, p…

Joseph Wilkins   


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1 min read

Ford sees its market capitalization soar to $100 billion for the first time as EV ambitions push stock to a 20-year high

The milestone makes Ford more valuable than rivals General Motors and Rivian, though still far behi…

Isabelle Lee   


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US stocks continue to sell off as the 10-year yield stays above 3%

The Nasdaq led the market lower as technology names like Meta Platforms, Amazon, Netflix, and Apple…

Phil Rosen   


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1 min read

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