Rivian Automotive Inc
Ford hikes price of electric Mustang Mach-E by as much as $8,475 due to ‘significant’ battery cost increases
Visitors check on a Ford Mustang Mach-E electric vehicle displayed at a launch event in Shanghai, China April 13, 2021. Yilei Sun | Reuters DETROIT – Ford Motor is hiking the starting prices of its electric Mustang Mach-E crossover by more than $8,000 for some models, as it reopens order banks for the 2023 model […]
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Amazon strikes green hydrogen offer with fuel cell maker Plug Power, sending shares up
Plug Power hydrogen shipping and delivery truck. Source: Plug Electrical power Shares of hydrogen gas mobile maker Plug Energy surged as a great deal as 8% Thursday early morning following Amazon claimed it struck a offer with the corporation to electrical power some of its operations with green hydrogen. Amazon said Plug will offer 10,950 […]
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Stocks making the biggest moves midday: Peloton, Toast, Illumina and more
Exercise equipment and apparel for sale at the Peloton showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Check out the companies making the biggest moves midday: Peloton — Shares of Peloton jumped 6% after the company told employees it was cutting about 780 jobs, raising prices […]
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Stocks making the biggest moves premarket: Honest Company, Rivian, Illumina and others
Check out the companies making headlines before the bell: Honest Company (HNST) – Honest Company’s stock rose 1.6% in the premarket in spite of a wider-than-expected quarterly loss. The natural consumer products maker now sees a wider full-year loss than previously thought, due to cost pressures, but expects improvement as the year goes on, including […]
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5 things to know before the stock market opens Friday
Traders on the floor of the NYSE, Aug. 11, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Markets looking up U.S. stock futures pointed to a rally Friday morning, a day after the three major indexes posted mixed results. On Thursday, the Dow finished […]
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Stocks making the biggest moves after hours: Rivian, Toast, Poshmark and more
R.J. Scaringe, Rivian’s CEO, introduces the world to his company’s R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 2018. Mike Blake | Reuters Check out the companies making headlines after the bell: Rivian Automotive — The electric vehicle maker rose 3.1% in after-hours trading […]
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Rivian posts second-quarter revenue above estimates, but expects a wider loss for the year
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 maintained its full-year guidance for deliveries Thursday and reported second-quarter revenue that was higher than Wall Street expected. But it trimmed its […]
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How the EV tax credits in Democrats’ climate bill could hurt electric vehicle sales
Tesla cars charge next to a traditional Texaco gas station on July 17, 2022 in Nephi, Utah. With more electric cars on the road, lack of charging infrastructure is becoming more of a problem for EV owners. George Frey | Getty Images Proposed tax credits of up to $7,500 for electric vehicles under the Inflation […]
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Ford raises price of electric F-150 Lightning by up to $8,500 due to ‘significant material cost increases’
Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle Center in Dearborn Michigan. Courtesy: Ford Motor Co. DETROIT – Ford Motor on Tuesday said it is increasing the starting prices of its electric F-150 Lightning pickup due to “significant material cost increases and other factors.” The Detroit automaker said the price increases – between […]
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Cramer’s week ahead: Hot inflation numbers could push Fed to raise rates in August
CNBC’s Jim Cramer on Monday said the Federal Reserve could raise interest rates in August, before its next scheduled meeting in September, if this week’s economic data shows that inflation isn’t abating. “The Fed is still in charge of this market. A week ago, it looked like they might ease up, but after Friday’s red-hot […]
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