Trading in Rivian Automotive, Inc. (NASDAQ:RIVN) is quiet Tuesday. But the shares appear to have broken resistance. This could have bullish implications and may suggest a move higher. This is why Rivian is our Stock of the Day.Supply and demand drives the stock market. If there is more supply of a stock, meaning shares to be sold, than there is demand or shares to be bought, the stock will trend lower. This is because traders and investors who wish to sell will be forced to offer their shares at discounts, ...

Shares of Swiss-Belgian chocolate maker Barry Callebaut climbed sharply on Monday after a Reuters report said the company is exploring options to separate its cocoa processing division, a move that co... ...

Core Insights - Rivian Automotive has introduced a custom AI chip and a comprehensive autonomy platform developed in-house, marking a significant shift from reliance on third-party solutions like Nvidia's processors [2][3][6] - The new silicon and software architecture will support next-generation driver assistance and automated capabilities, starting with the upcoming R2 vehicle line [2][4] Rivian's Custom Silicon and Platform Design - The Rivian Autonomy Processor (RAP1) is a custom chip optimized for vision-centric AI tasks, fabricated by Taiwan Semiconductor Manufacturing Co. (TSMC) [4] - The RAP1 powers the new Autonomy Compute Module 3 (ACM3), expected to be shipped on production vehicles starting with the R2 in late 2026 [4][13] - Future vehicles will incorporate lidar sensors alongside cameras and radar as part of a multimodal sensor strategy to enhance object detection [5] Shift from General Purpose Chips - Rivian plans to replace Nvidia processors in earlier autonomy systems with its in-house silicon in future vehicles [6] - The leadership emphasizes that compute, sensors, models, and software must be developed together for improved development speed and flexibility [7] Subscription Offering - Rivian has launched a subscription service, Autonomy+, priced at $2,500 upfront or $49.99 per month, which offers enhanced driver-assistance features [8] - The service is projected to work on over 3.5 million miles of mapped roads in the U.S. and Canada, significantly expanding Rivian's assisted driving coverage [8] Strategic Parallels in Auto and Tech - Rivian's move to develop its own silicon aligns it with companies like Tesla, which has also pursued vertical integration for competitive advantage [10] - Other automakers, including BYD, XPeng, and Nio, are also developing proprietary chips and autonomy platforms, reflecting a trend towards control over core compute components [11] - The strategy mirrors Apple's shift to custom silicon in consumer devices, aiming for performance and integration advantages [12]

Shares of Rivian Automotive (NASDAQ:RIVN) gained 7.04% over the past five trading sessions after gaining 2.47%% the five prior. ...

Rivian Automotive Inc. (NASDAQ:RIVN) CEO RJ Scaringe hasn't ruled out the automaker entering the Robotaxi race in the future.Rivian Robotaxis In The Pipeline?Speaking to Fast Company in an interview released on Monday, Scaringe outlined that the company's focus on "personally owned" vehicles does not mean that Rivian can't do "robotaxis or rideshare," the CEO said.He added that he was surprised the automaker was able to keep its autonomous driving pursuits under wraps. "Somehow, it didn't leak," Scaringe sa ...

Major US indexes closed lower on Friday, even after Broadcom’s quarterly results and guidance beat Wall Street estimates. The plunge reflects investors pulling back from the artificial intelligence trade despite solid results, largely due to concerns about overall lower margins and uncertainty around deal activity.The artificial intelligence theme has been the main driver of the stock market this year, and any negative sentiment has had far-reaching consequences.However, many firms see the pullback as a per ...

Core Viewpoint - Rivian is transitioning from a traditional automaker to a technology-focused company, which could lead to higher valuation multiples if it successfully sells high-margin technology products rather than just low-margin vehicles [1][4][17] Company Developments - Rivian's stock price surged by 12.1% to $18.42, driven by positive analyst sentiment and a shift in market perception towards its technology capabilities [5][3] - The company is preparing to launch an affordable mass-market vehicle platform, supported by a joint venture with Volkswagen and a strong balance sheet [6][11] Technological Advancements - Rivian is developing proprietary technology, including the Rivian Autonomy Processor (RAP1) and the Autonomy+ software platform, which are expected to reduce costs and enhance profitability [7][15] - The Autonomy+ platform, set to launch in early 2026, will offer subscription-based revenue opportunities, creating a predictable cash flow model [8][9] Financial Performance - Rivian reported a 324% year-over-year increase in Software & Services revenue to $416 million, largely due to its joint venture with Volkswagen [11] - The company achieved a positive Gross Profit of $24 million in Q3 2025, indicating effective cost management ahead of its mass-market vehicle launch [12] Production and Market Strategy - The R2 platform, a midsize SUV, is scheduled for production in the first half of 2026, targeting a broader demographic with a starting price around $45,000 [13][14] - Rivian's proprietary technology is crucial for maintaining margins while offering a more affordable vehicle, positioning the R2 as a potential volume seller [15] Competitive Positioning - Rivian has differentiated itself from other struggling EV startups by securing significant capital and validating its technology through in-house development [16] - Analysts believe Rivian's current valuation does not fully reflect its potential as a leader in software-defined technology, suggesting further growth opportunities if it successfully executes its plans [17]

The slide in the EV maker's share price seems to be bottoming out as it pivots to new opportunities.Rivian Automotive (RIVN +4.62%) has been a punishing investment for its early backers, but that might finally be changing. Those who bought shares at the start of 2025 would have actually gained an impressive return of 32% year to date, even though the company still faces numerous challenges with scaling up its operations.Over the next few years, management will likely continue emphasizing artificial intellig ...

Core Insights - Rivian's stock surged 12% following its inaugural Autonomy & AI Day, reversing a prior negative sentiment after the stock closed down the previous day [1] - The event catalyzed a significant shift in analyst sentiment, with upgrades following the announcement of strategic initiatives [4] Financial Performance - Rivian reported second-quarter earnings of $1.12 billion, a substantial increase from $661,000 in the first quarter, with production and deliveries rising by 50% [3] - The stock reached a near two-year high, raising questions about the sustainability of this rerating amidst AI hype [1][7] Strategic Developments - The core driver of the stock's movement was Rivian's strategic pivot towards vertical integration in autonomous driving technology, which may provide long-term margin and technology advantages [3] - Rivian introduced a proprietary AI chip, the Rivian Autonomy Processor, reducing reliance on Nvidia, and launched 'Autonomy+', a subscription service for self-driving features, creating a new revenue stream [3] Analyst Reactions - Needham raised its price target for Rivian to $23, reflecting confidence in the company's software-defined vehicle strategy [4] - The stock's price action has been characterized by significant call option activity, indicating a combination of institutional buying and potential retail momentum chasing [4][5] Market Dynamics - The trading volume surged to 103.73 million shares, more than double the average daily volume, with heavy options activity suggesting strong demand for calls [11] - Institutional ownership stands at approximately 59.49%, while aggressive call buying indicates a potential retail chase of the AI narrative [11]

It's beginning to look like Berkshire Hathaway may do some things differently once Warren Buffett retires.Legendary investor Warren Buffett is retiring from his role as CEO of Berkshire Hathaway (BRK.A +0.80%)(BRK.B +0.65%) at the end of the year. At that point, Buffett's hand-picked successor, Greg Abel, will assume the helm and lead the massive holding company into a new era.It looks like Buffett isn't the only leadership change at Berkshire Hathaway. Other notable changes include Todd Combs, one of Buffe ...