Rivian Automotive Inc
Here are Tuesday’s biggest analyst calls of the day: Tesla, Dish, Nio, Zoom, Rivian, Imax & more
Here are Tuesday’s biggest calls on Wall Street: Mizuho reiterates Tesla as buy Mizuho said in a note Tuesday that China lockdowns remain a production headwind for Tesla , but that a rebound could happen later this year. “Gigafactory Shanghai Partial Lockdown a Near-Term Headwind, Though Potentially Stronger SepQ/DecQ Rebound. … That said, we believe […]
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Electric vehicles are in short supply. Here’s what you can find as gas prices soar
Charging port for a Ford Motor Co. Mustang during the Washington Auto Show in Washington, D.C., on Friday, Jan. 21, 2022. Al Drago | Bloomberg | Getty Images As gas prices hit record highs, some Americans might be tempted to go electric and ease the pain at the pump. But finding a shiny, new electric vehicle […]
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Automakers are jacking up prices on electric vehicles to bake in rising materials costs
Tesla’s Model 3 at the Tesla store in Washington, D.C. Salwan Georges | The Washington Post | Getty Images Automakers from Tesla to Rivian to Cadillac are hiking prices on their electric vehicles amid changing market conditions and rising commodity costs, specifically for key materials needed for EV batteries. Battery prices have been declining for […]
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Here are some hedge funds that foresaw the tech fallout. And some that didn’t
This year’s tech-driven carnage in the stock market is carving out hedge fund winners from losers — showing up in diverging fortunes that haven’t been seen in years. Hedge funds that rode the tech wave up are getting crushed on the way down, especially those that doubled down on 2022’s biggest laggards in the first […]
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Stocks making the biggest moves midday: Spirit Airlines, Eli Lilly, Signature Bank and more
Spirit Airlines planes on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading Monday. Spirit, JetBlue — Shares of JetBlue Airways dipped 6% on news that the company’s offering $30 a share to take over […]
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Rivian’s shares sink after a report a legal battle with a supplier could delay Amazon vans
Production of electric Amazon delivery vans on April 11, 2022 at Rivian’s plant in Normal, Ill. Michael Wayland / CNBC Shares of Rivian Automotive sank Monday after a report by the Wall Street Journal that the upstart electric-vehicle maker is suing a key supplier in a legal battle that could delay vans ordered by Amazon. […]
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Stocks making the biggest moves in the premarket: Spirit Airlines, Carvana, Warby Parker and more
Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit Airlines surged 19.3% in premarket trading after JetBlue (JBLU) launched a $30 per share tender offer for its rival airline. Spirit had rejected a prior bid by JetBlue, preferring to keep a previously struck deal to merge with […]
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How to buy stocks on the brink of a bear market
It seemed like everyone was in a buying mood on Friday, except Elon Musk. The Dow Jones Industrial Average broke a six-day losing streak, the Nasdaq Composite turned in its second positive session in a row, and the S&P 500 was up over 2%, a small step back from the brink of a bear market, […]
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Stocks making the biggest moves midday: Carvana, GameStop, AMC, General Motors and more
Check out the companies making headlines in midday trading Thursday. Carvana — Shares of the online used-car retailer popped 25%, alongside other heavily shorted stocks. Nearly 29% of Carvana shares available for trading are sold short, according to FactSet. The company has faced negative sentiment on Wall Street recently, with downgrades this month from Stifel, […]
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The stocks of several electric vehicle companies are surging
Rivian R1T all-electric truck in Times Square on listing day, on Wednesday, Nov. 10, 2021 in New York. Ann-Sophie Fjello-Jensen | AP Beaten-up shares of several electric-vehicle start-ups moved sharply higher Thursday morning in wild and largely unexplained trading. Rivian Automotive after market close on Wednesday reported a first-quarter loss that was narrower than Wall […]
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