Judge says Rivian (RIVN) must face lawsuit claiming it defrauded IPO investors

Popular stocks increasing volume: RIVN BAC CCL PLTR AMC SOFI BABA NIO PYPL

July 6, 2023 12:22 PM EDT

Popular stocks increasing volume: RIVN BAC CCL PLTR AMC SOFI BABA NIO PYPL

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Rivian Automotive Inc (RIVN) PT Raised to $18 at Goldman Sachs

July 6, 2023 5:49 AM EDT

Goldman Sachs analyst Mark Delaney raised the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $18.00 (from $16.00) while maintaining a Neutral rating.... More

4 big analyst picks: Rivian upgraded to Neutral, stock gains on positive headlines

July 6, 2023 5:22 AM EDT

Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Rivian Automotive, Advanced Micro Devices, Transocean, and Simon Property Group.

InvestingPro subscribers got this news first.... More

Stock market today: Dow slips as Fed minutes show more hikes ahead; Meta jumps

July 5, 2023 4:16 PM EDT

By Yasin Ebrahim

Investing.com -- The Dow closed lower Wednesday, as the Federal Reserves minutes from its June meeting showed further appetite to resume hikes, though big tech was largely higher as Meta surged to a 52-week high ahead of the launch of its rival Twitter app.

The Dow Jones Industrial Average fell 0.38%, or 129 points, the Nasdaq fell 0.2%, and the S&P 500 fell 0.2%.

Fed Minutes Signal More Fed Hikes Ahead; China Economic Jitters

The Fed minutes, released Wednesday, from the central banks June meeting showed almost... More

Rivian Automotive (RIVN) call put ratio 3 calls to 1 put as shares rally 1.4%

July 5, 2023 10:25 AM EDT

Rivian Automotive (NASDAQ: RIVN) 30-day option implied volatility is at 77; compared to its 52-week range of 64 to 101. Call put ratio 3 calls to 1 put as shares rally 1.4%.

... More

Popular stocks increasing volume: RIVN LCID CCL NIO MARA HOOD BABA AMC COIN RIOT SOFI

July 5, 2023 9:52 AM EDT

Popular stocks increasing volume: RIVN LCID CCL NIO MARA HOOD BABA AMC COIN RIOT SOFI

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North America and Europe lead surge in global EV demand

July 5, 2023 9:41 AM EDT

Analyst Ranulf Orr from Citi Research reported a surge in demand for Battery Electric Vehicles (BEV) in May, with a 46% increase compared to the previous year. The primary drivers of demand growth were Europe and North America, experiencing respective year-on-year rises of 59% and 50%. In contrast, China's growth was more... More

Netflix, Rivian, Wolfspeed rise premarket; Tesla, UPS fall

July 5, 2023 8:11 AM EDT

Investing.com -- U.S. futures traded lower, with investors cautious ahead of the release of Federal Reserve meeting minutes from the June policy gathering.

Here are some of the biggest premarket... More

Needham raises estimates on Rivian (RIVN), adds EV maker to Conviction List

July 5, 2023 7:58 AM EDT

Needham reiterated a Buy rating on Rivian (NASDAQ: RIVN) and raised their 12-month price target for the stock to $28.00 (From $26.00) after the electric automaker reported their 2Q production and delivery results. Needham also decided to add RIVN to its Conviction List (replacing ACVA).

RIVN reported Q2 production of ~14k vehicles, representing an... More

Rivian (RIVN) extends gains as analysts turn more bullish

July 5, 2023 7:55 AM EDT

Rivian Automotive (NASDAQ: RIVN) shares are up a further 8% in early Wednesday trading on several positive headlines.

The company has started delivering the electric vans it makes for Amazon.com Inc. to Europe marking its first commercial shipments outside the U.S.

Shares initially rose 17.4% on Monday after... More

Rivian shares climb following first shipments of Amazon vans to Europe

July 5, 2023 7:40 AM EDT

Investing.com -- Shares in Rivian Automotive (NASDAQ: RIVN) jumped in premarket trading on Wednesday, boosted by news that... More

DA Davidson Upgrades Rivian Automotive Inc (RIVN) to Neutral, 'The Headlines Gradually Turn Positive'

July 5, 2023 7:35 AM EDT

DA Davidson analyst Michael Shilsky upgraded Rivian Automotive Inc (NASDAQ: RIVN) from Underperform to Neutral with a price target of $18.00 (from $11.00).

The analyst comments "We are upgrading RIVN to NEUTRAL (from UNDERPERFORM) as the cadence of headlines on the company begins to shift... More

Amazon (AMZN) Rolls Out First Electric Delivery Vans from Rivian (RIVN) in Europe

July 5, 2023 5:40 AM EDT

Amazon (NASDAQ: AMZN) today announced the arrival of its new custom electric delivery vans from Rivian (NASDAQ: RIVN) in Europe, with the first vans rolling out in Germany. More than 300 electric delivery vans are hitting the road in Munich, Berlin, and Dusseldorf in the coming weeks, joining a fleet of thousands of electric vans already in operation in Europe, including more than 1,000 electric vans in Germany. Amazon announced last year that it plans to invest more than 1 billion to electrify its European transportation network and reduce carbon emissions over... More

Rivian Automotive Inc (RIVN) PT Raised to $28 at Needham & Company, Adds to Conviction List

July 5, 2023 5:25 AM EDT

Needham & Company analyst Chris Pierce raised the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $28.00 (from $26.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating, add RIVN to the Needham Conviction List (replacing ACVA), and raise our... More

Popular stocks increasing volume: RIVN COIN CCL XPEV NKLA AMC

July 5, 2023 4:44 AM EDT

Popular stocks increasing volume: RIVN COIN CCL XPEV NKLA AMC

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