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Here's what to expect from the first quarter earnings week
... pair of inflation measures. Monday s highlights include BioNTech , Palantir Technologies , Simon Property Group and Tyson Foods. Electronic Arts, Norwegian Cruise Line Holdings , and Occidental Petroleum report on Tuesday, followed by Walt Disney, Rivian Automotive and Toyota Motor on Wednesday. Earnings will be released on Thursday by Tapestry and Brookfield Asset Management. The Bureau of Labor Statistics consumer price and producer price indexes are the headlines of the economic calendar for ...
Updated: 05/08/2022
Rivian shares could surge as lockup period ends
Rivian Automotive shares could flood the market as the post-IPO lockup period for the electric vehicle maker ends on Sunday. Rivian Automotive shares could flood the market as the post-IPO lockup period for the electric vehicle maker ends on Sunday....
Updated: 05/08/2022
Electric vehicle company Rivian gets $1.5 billion tax incentives
ATLANTA, Georgia: The state of Georgia has offered electric vehicle EV company Rivian tax incentives worth $1.5 billion to build a factory east of Atlanta. ATLANTA, Georgia: The state of Georgia has offered electric vehicle EV company Rivian tax incentives worth $1.5 billion to build a factory east of Atlanta. The factory will ...
Updated: 05/06/2022
Blink CEO Michael Farkas says EV charging is 'at its embryonic state'
... low on Thursday. The sell-off has coincided with a broader pullback in high growth names, but the declines have been more pronounced in the EV space. Blink rivals Chargepoint CHPT and EVgo EVGO are both down more than 30%, while electric truck maker Rivian RIVN has fallen over 25%. This is a growth industry. This is about land grab, growing your footprint and investing in infrastructure, Farkas said. A lot of investors are looking for the short term. Blink lags behind competitors, including the ...
Updated: 05/05/2022
Canada in talks with firms to develop EV supply chain
... EV production in North America, according to chief executives in the sector and the minister. The plan will be completed this year, government sources said, without providing any details. It could not happen fast enough. Electric carmakers Tesla and Rivian warned of the future battery supply constraints due to a lack of raw materials. Canadian critical miners like Nouveau Monde Graphite Inc, Nemaska Lithium Inc, Electra Battery Materials Corp and Avalon Advanced Materials Inc want to meet the demand....
Updated: 05/04/2022
Ford loses $3.1 bn due to chip shortage
Due to a shortage of semiconductor chips limiting the number of pickup trucks and SUVs available in North America, Ford Motor has lost $3.1 billion over the past three months, as well as its investment in the failing electric-vehicle EV startup Rivian. Due to a shortage of semiconductor chips limiting the number of pickup trucks and SUVs available in North America, Ford Motor has lost $3.1 billion over the past three months, as well as its investment in the failing electric-vehicle EV startup ...
Updated: 05/03/2022
Electric car maker Rivian gets $1.5 bn in Georgia
Following local resistance to the project, Rivian Automotive Inc. will receive $1.5 billion in state and local incentives to build a massive plant near Atlanta. Despite local resistance to the project, Rivian Automotive Inc. will receive $1.5 billion in state and local incentives to build a ...
Updated: 05/02/2022
Ford, Amazon are both worried about their investments in Rivian
The recent stock performance of Rivian may have burned a hole in the retail investor's portfolio. It's also a big hole in Ford F and now Amazon's quarterly performance. The recent stock performance of Rivian may have burned a hole in the retail investor's portfolio. It's also a big ...
Updated: 04/29/2022
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