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Text size Rivian vehicles Courtesy of Rivian Electric truck start-up Rivian Automotive reported fourth-quarter results Thursday afternoon. Sales and the bottom line missed Street expectations. That’s not as big a deal as guidance, which looks light, too. Rivian (ticker: RIVN) stock was tumbling in after-hours trading. Rivian reported a loss of $4.83 a share on […]
Text size Rivian vehicles Courtesy of Rivian Electric truck start-up Rivian Automotive reported fourth-quarter results Thursday afternoon. Sales and the bottom line missed Street expectations. That’s not as big a deal as guidance, which looks light, too. Rivian (ticker: RIVN) stock was tumbling in after-hours trading. Rivian reported a loss of $4.83 a share on […]
RJ 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 Electric vehicle maker Rivian plans to use new types of battery cells in its electric trucks, delivery vans and SUVs the […]
Amazon’s (AMZN) – Get Amazon.com, Inc. Report first stock split in more than 20 years has shares in the world’s biggest online retailer trading sharply higher Thursday, and may also pave the way towards its inclusion in the Dow Jones Industrial Average. The 20-for-1 split, which will begin trading in early June, will effectively reduce […]
Interactive Platoon Co. PTON -4.91% ‘s new chief executive is looking to overhaul the stationary-bike maker’s pricing strategy in a bid to turn around the company. The company on Friday will start testing a new pricing system in which customers pay a single monthly fee that covers both the namesake stationary bike and a monthly […]
Interactive Platoon Co. PTON -4.78% ‘s new chief executive is looking to overhaul the stationary-bike maker’s pricing strategy in a bid to turn around the company. The company on Friday will start testing a new pricing system in which customers pay a single monthly fee that covers both the namesake stationary bike and a monthly […]
US stocks climbed and oil prices dropped Wednesday, extending a volatile spell as investors track the economic fallout of the war in Ukraine. The S&P 500 rose 1.9%, while the technology-focused Nasdaq Composite Index added 2.3%. The Dow Jones Industrial Average advanced 590 points, gold 1.8%. All three indexes are poised to break a four-session […]
Check out the companies making headlines before the bell: Campbell Soup (CPB) – The food producer matched estimates with adjusted quarterly earnings of 69 cents per share, and revenue essentially in line with forecasts as well. Campbell’s adjusted gross margins slide 340 basis points due to cost inflation. It said demand trends are strong and […]
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