Rivian Automotive Inc

Rivian sticks to full-year EV production target as quarterly losses come in narrower than expected
Business

Rivian sticks to full-year EV production target as quarterly losses come in narrower than expected

Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California.  Justin Sullivan | Getty Images Electric vehicle maker Rivian Automotive on Wednesday reaffirmed its 25,000-vehicle production target for 2022, but said it plans to spend less to do it as the company […]

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Amazon established to report third-quarter earnings just after the bell
Technology

Amazon established to report third-quarter earnings just after the bell

Andy Jassy, CEO of Amazon and then CEO of world wide web expert services at Amazon.com Inc., speaks throughout the Amazon World wide web Services (AWS) Summit in San Francisco, California, U.S., on Wednesday, April 19, 2017. David Paul Morris | Bloomberg | Getty Pictures Amazon experiences 3rd-quarter earnings right after the bell on Thursday. […]

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GM’s new GMC Sierra EV will supply traditional truck buyers an upscale electric option to the Hummer
Technology

GM’s new GMC Sierra EV will supply traditional truck buyers an upscale electric option to the Hummer

2024 Sierra EV Denali Version Resource: Standard Motors Normal Motors unveiled its most recent electric powered pickup, the new electric GMC Sierra, and commenced getting reservations for a thoroughly-loaded $107,000 edition, called Sierra EV Denali Version 1, on Thursday. The automaker expects to begin shipping the Edition 1 in early 2024 and to include decreased-priced […]

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Stocks creating the biggest moves midday: Ford, Las Vegas Sands, Nvidia, Kraft Heinz and far more
Finance

Stocks creating the biggest moves midday: Ford, Las Vegas Sands, Nvidia, Kraft Heinz and far more

2022 Ford F-150 Lightning all-electrical vehicles all through a launch function at the Rouge Electric Vehicle Centre in Dearborn, Michigan, U.S., on Tuesday, April 26, 2022. Emily Elconin | Bloomberg | Getty Visuals Check out the firms building headlines in midday investing. Ford Motor, General Motors — Shares of Ford and GM fell 7% and […]

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Rivian shares are set to slump after the company announced a big recall
Business

Rivian shares are set to slump after the company announced a big recall

Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Shares of Rivian Automotive are set to open sharply lower Monday after the electric vehicle maker said late on Friday that it is recalling over 12,000 vehicles – nearly every EV it has […]

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Shares generating the biggest moves in the premarket: Ford, Typical Motors, Rivian and far more
Finance

Shares generating the biggest moves in the premarket: Ford, Typical Motors, Rivian and far more

view now Video1:0801:08 Markets set for lower open with critical inflation knowledge, earnings in advance Morning Report Get a look at some of the biggest movers in the premarket: Ford (F), Basic Motors (GM) – UBS downgraded each automakers, cutting Ford to “offer” from “neutral” and downgrading GM to “neutral” from “purchase.” UBS reported the […]

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United Airlines is aiming to have electric planes flying by 2030
Business

United Airlines is aiming to have electric planes flying by 2030

An United Airlines seen at LaGuardia International Airport in New York.  Adam Jeffery | CNBC United Airlines is aiming to have electric aircraft flying regional routes by the end of the decade, part of the company’s goal to fully reduce its carbon footprint to net zero by 2050. Those battery-powered aircraft are being developed by Swedish […]

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How this popular Jeff Bezos quote drives Amazon’s climate goals
Business

How this popular Jeff Bezos quote drives Amazon’s climate goals

Amazon CEO Jeff Bezos announces the co-founding of The Climate Pledge at the National Press Club on September 19, 2019, in Washington. Paul Morigi | Getty Images | Amazon Even while Jeff Bezos has stepped away from day-to-day operations at Amazon, his lessons still echo in the halls there. One of those business mantras is […]

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Rivian needs to sharply ramp up EV production to meet 2022 targets — Wall Street is betting it can
Business

Rivian needs to sharply ramp up EV production to meet 2022 targets — Wall Street is betting it can

A Rivian R1T truck body lowered onto a chassis in the assembly line at the Rivian electric vehicle plant in Normal, Illinois. Georgia is giving the company $1.5 billion in subsidies to bring a new $5 billion EV plant to the southern state. Brian Cassella | Tribune News Service | Getty Images Electric vehicle startup […]

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Stocks making the biggest moves midday: Twitter, Poshmark, Rivian and more
Business

Stocks making the biggest moves midday: Twitter, Poshmark, Rivian and more

Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Twitter – Shares of Twitter surged nearly 13% after a report that Elon Musk plans to […]

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