Shares of Rivian Automotive Inc. RIVN, -13.69% tumbled 16.3% toward a record low in premarket trading Monday, after media reports that major shareholder Ford Motor
Shares of Rivian Automotive Inc. RIVN, -13.69% tumbled 16.3% toward a record low in premarket trading Monday, after media reports that major shareholder Ford Motor
TheStreet.com Ford Might Have Very Bad News for Rivian The first quarter was very tough for Rivian and its shareholders. At the beginning of March, the company had said that the Normal, Ill., factory had capacity to produce 50,000 vehicles in 2022, but due to
On Wednesday, the Fed increased interest rates… Investors were euphoric. The major indexes had one of their best days since 2020. But less than 24 hours later, they had their worst one-day drops since 2020. Alpha Investor founder Charles Mizrahi would say these past few days are a
When I asked you if we’d see a recession in 2022, I wasn’t expecting all hell to break loose in the market. But that’s exactly what happened over the past week. On Wednesday, the Federal Reserve announced an interest rate hike of 0.5%. It was the largest
Better Call NFLX Ah, Sunday, Sunday. So good to … you! Because today, Great Ones, we’re tuning into some groundbreaking courtroom drama — the kind of shenanigans only a Sunday could bring. Am I … am I still on Facebook? No, no, but since you mentioned dying platforms that
In this article MSFT Satya Nadella, CEO of Microsoft CNBC Microsoft's security business is growing faster than any of its main products, and now the company is adding heft to its offerings with three new services designed to help organizations spot and respond to cybersecurity incidents. Microsoft is among the
Third Point's Dan Loeb managed to sidestep the market turmoil last month by taking down exposure drastically and picking up opportunities in cyclical stocks.
After talking to my nervous neighbors about the Nasdaq stocks they own, I discovered that most don’t want financial advice. So I’ll offer it here. The Nasdaq Composite Index COMP, -1.40%
In 2021, JPMorgan Chase CEO Jamie Dimon circulated a memo to his top management team. In that memo, he said they should be “scared s—less” about the fintech threat. I’m here today to tell you that Dimon is worried about the wrong threat. In this short video, I