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Design-software company Figma’s stock rocketed 250% above its initial public offering price, and was headed for the largest ever first-day gain, after an IPO had raised more than $500 million.
Rivian Automotive stock is up on reports of new software update with improved autonomous features and integration of Google Maps and Alexa.
For long-term investors, the thesis hasn't changed: It's all hands on deck until the R2, R3, and R3X are driving into consumer garages. Rivian can absolutely recover from these negative developments.
Hence, even with a lower price point, it doesn't "magically" help Rivian gain to bolster demand dynamics significantly, justifying the increase in production footprint for R2.
Compare the 2026 Rivian R1S and 2026 Nissan Armada. Uncover the best in specs, performance, and innovation for your next ride.
Rivian’s share price fell after the electric-vehicle scraps key profit goal and warned of $1.1B loss in Q2 earnings.
After two consecutive quarters of positive gross profit, Rivian Automotive’s winning streak is over, at least for now. While the electric truck maker generated $1.3 billion in revenue for the second ...
Supercars Corvette ZR1X prices: bonkers 1,250bhp Chevy hypercar will cost $207,395 Chevrolet has announced pricing for its fastest Corvette. Costs 90 per cent less than a McLaren W1 ...
The all-electric pickup market is heating up as Rivian and Tesla go head-to-head in 2025 with wildly different philosophies and capabilities.
Rivian lost $1.1B in Q2, missed EPS estimates, but reaffirmed its 2025 delivery guidance and pushed forward on R2 development.