I have never been much for tracking EPS and Revenues as the defining decision for whether or not to own a stock.Sometimes consumer instinct, even if that is in contrast to earnings, is the better judgement to use. Today, we tie this concept in to look at electric car maker Rivian. For example, Amazon took years to turn a profit, even though it was obvious to us that more and more people were using it to purchase EVERYTHING for the most part.Lately, I see more and more Rivians driving on the roads in our ...

Rivian (NASDAQ:RIVN) has popped recently. Rivian stock has gained approximately 16% over the past month. A significant portion of the gains have resulted from the June 26 announcement that Volkswagen Group (OTCMKTS:VWAGY) would invest up to $5 billion in Rivian as part of a joint venture between the two companies, focusing on next generation electronic architecture and software.As a part of the deal, VW will initially invest $1 billion, with the remaining $4 billion to flow over the next three years. As a r ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Rivian Automotive, Inc. (NASDAQ: RIVN). Shareholders who purchased shares of RIVN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/rivian-automotive-inc-loss-submission-form-2/?id=92719&from=3 CLASS PERIOD ...

I have long been skeptical about Rivian (NASDAQ:RIVN) as a company and Rivian stock.The California-based automaker, with an assembly plant in Illinois, is going through an Electric Vehicle version of Death Valley. It needs to stay afloat long enough to build a new plant in Georgia, which it was forced to delay in March.The plan is that the Georgia plant will, in 2027, deliver the R3. That’s a smaller, less expensive EV that might be competitive with what China is putting out right now.Getting from here to t ...

Rivian (NASDAQ:RIVN) stock is in focus after the German competition authority Bundeskartellamt gave it and Volkswagen (OTCMKTS:VWAGY) the green light to form a joint venture (JV). The Bundeskartellamt also approved of Volkswagen investing $1 billion into the electric vehicle (EV) company.Last month, Volkswagen announced that it would invest up to $5 billion into Rivian with plans to form a JV with the company based on software-defined vehicle (SDV) platforms. The JV is expected to begin operations during th ...

Not many electric vehicle (EV) stocks have thrived in the current market downturn, but Rivian (NASDAQ:RIVN) is bucking the trend. The EV upstart has seen multiple positive developments, pushing its stock price into high gear. However, despite Rivian stock surging by 94% in the past three months, several factors fuel skepticism over its long-term bull case. The flip side to that story is also somewhat compelling, making it best to hold Rivian stock now.Rivian was one of the many EV startups that went public ...

While many start-up EV makers are grappling with difficult headwinds, Rivian continues to shine.Despite the narrative that start-up electric vehicle (EV) makers are struggling, and that the EV growth rate in the U.S. has slowed, Rivian Automotive (RIVN -0.25%) continues to tally up positive developments. Edmunds.com named the R1T launch edition its favorite EV among start-ups. What's more, Rivian inked a joint venture deal with global automaker Volkswagen for up to $5 billion, and it topped second-quarter d ...

If you suffered losses exceeding $100,000 investing in Rivian stock or options between August 12, 2022 and February 21, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/RIVN. NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Rivian Automotive, Inc. ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Rivian To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $100,000 investing in Rivian stock or options between August 12, 2022 and February 21, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.fa ...