Market Overview - U.S. markets experienced gains, with the Nasdaq rising nearly 1.4% to 23,006.36, the S&P 500 increasing by almost 0.8% to 6,774.76, and the Dow Jones Industrial Average edging up 0.1% to 47,951.85 [1] Rivian - Rivian's stock surged by 15.03%, closing at $20.28, with an intraday high of $20.33 and a low of $18.26, and a 52-week range between $20.33 and $10.36 [1] - The company expanded its hands-free assisted driving capabilities with software update 2025.46, increasing coverage to over 3.5 million miles of roads in the U.S. and Canada from about 135,000 miles previously [2] - Analysts view Rivian's advancements in autonomy and the upcoming R2 platform as positive indicators for the company's long-term outlook [2] Nike - Nike's stock dipped by 0.091%, closing at $65.63, with an intraday high of $67 and a low of $65.40, and a 52-week range between $82.44 and $52.28 [3] - Despite reporting better-than-expected second-quarter earnings with revenue of $12.43 billion and earnings of 53 cents per share, the stock fell, with revenue up 1% year-over-year and Nike Brand revenues totaling $12.1 billion [3] Trump Media & Technology Group - Trump Media's stock skyrocketed by 41.93%, closing at $14.86, with an intraday high of $15.20 and a low of $12.71, and a 52-week range between $43.45 and $10.18 [4] - The company announced plans to merge with TAE Technologies in an all-stock deal valued at over $6 billion, targeting a mid-2026 close and planning to begin construction of a utility-scale fusion power plant next year [5] FedEx - FedEx shares rose by 1.74%, closing at $287.12, with an intraday high of $288.05 and a low of $281.60, and a 52-week range between $295.24 and $194.30 [6] - The company reported second-quarter revenue of $23.5 billion and adjusted earnings of $4.82 per share, exceeding estimates, driven by stronger package yields and higher U.S. volume [7] - FedEx raised its fiscal 2026 revenue growth outlook to 5%–6% and lifted the low end of its adjusted EPS guidance to $17.80, while reiterating plans for $1 billion in permanent structural cost reductions [7] BlackBerry - BlackBerry's stock increased by 1.64%, closing at $4.33, with an intraday high of $4.43 and a low of $4.28, and a 52-week range between $6.24 and $2.80 [8] - The company reported third-quarter fiscal 2026 revenue of $141.8 million and adjusted earnings of 5 cents per share, both exceeding expectations, although revenue slipped about 1% year-over-year [9] - BlackBerry raised its full-year fiscal 2026 revenue outlook to $531–$541 million and adjusted EPS guidance to 14–16 cents [9]

Rivian Automotive (NASDAQ:RIVN), electric truck and SUV maker, closed Thursday’s session at $20.28, up 15.03%. Rivian Automotive IPO'd in 2021 and has fallen about 75% since going public. Trading volume reached 66.4 million shares, about 36% above its three-month average of 49 million shares.Thursday’s move followed a Robert W. Baird upgrade and new price target, while investors are watching how Rivian executes its autonomy roadmap and 2026 R2 launch. How the markets moved today The S&P 500 (SNPINDEX: ^G ...

Key Points One Wall Street analyst boosted Rivian's price target by nearly 80% today. The company's upcoming R2 platform could boost the brand and increase sales next year. Rivian stock is at a 52-week high after today's surge. 10 stocks we like better than Rivian Automotive › Rivian Automotive (NASDAQ: RIVN) held its first "Autonomy & AI Day" last week, surprising investors with the news that it had developed its own in-house artificial intelligence (AI) chip. That gave investors a window into th ...

Core Insights - The electric vehicle (EV) market is experiencing significant consumer enthusiasm, driven by advancements in autonomous technology and the need for improved charging infrastructure [2][4][10] - Affordability and vehicle form factors are critical factors influencing consumer adoption of EVs, particularly for families seeking practical options [3][4] - Rivian is positioning itself competitively in the EV market with its upcoming R2 vehicles, targeting a price range of $45,000 to $55,000, and plans to enhance autonomy features [6][7][12] Industry Trends - The development of charging infrastructure is a key barrier to wider EV adoption, with many potential consumers waiting for improvements before making the switch [1][4] - The integration of autonomy in EVs is expected to accelerate adoption, as consumers value the convenience and time savings associated with autonomous driving [5][20] - Companies like Tesla and Rivian are leading the charge in autonomous technology, with Rivian's plans for a hands-free driving feature and Tesla's successful robo-taxi launch [8][11] Company Analysis - General Motors is highlighted as a strong player in the EV market, particularly with its full-size pickups and SUVs, despite some criticism regarding its transition strategy from internal combustion engines to EVs [10][12] - Rivian is recognized for its innovative approach, including in-house development of processors and software, which may provide a competitive advantage in the EV space [12] - The potential for personal vehicle autonomy is seen as a transformative opportunity, allowing consumers to utilize their vehicles in new ways, such as self-driving to pick up passengers [18][20]

Core Viewpoint - The article emphasizes the importance of conducting personal in-depth research and due diligence before making investment decisions, highlighting the inherent risks involved in trading [3]. Group 1 - The analysis is intended solely for informational purposes and should not be interpreted as professional investment advice [3]. - There is a clear disclaimer regarding the lack of any stock, option, or derivative positions in the companies mentioned, indicating a neutral stance [2]. - The article expresses the author's personal opinions and does not reflect the views of Seeking Alpha as a whole [4].

hello! https://t.co/aZKmvdzTkBAnsem (@blknoiz06):bros the rivian cto is still underway... https://t.co/Qb2ODNIo80 ...

Core Insights - Tesla maintains a significant presence in the AI market with a market capitalization of $1.6 trillion, despite stagnation in its electric vehicle division [2] - Rivian Automotive is emerging as a more attractive investment opportunity with a market cap of $22 billion and plans for substantial growth in vehicle production [2] Tesla's Valuation and Challenges - Tesla's market capitalization fluctuates around $1.5 trillion to $1.6 trillion, with a Price-to-Sales (P/S) ratio near 17x, necessitating significant growth to justify its valuation [3][4] - Analysts predict a revenue decrease of -3% for Tesla this year, with challenges stemming from various "black box" AI projects and regulatory hurdles [6] - Tesla's competitive edge in Full Self-Driving (FSD) is threatened by rivals like Waymo and Xpeng, which are advancing in autonomous driving technology [6] - Price reductions by competitors such as BYD and Xiaomi in China are eroding Tesla's profit margins, impacting its market share [6] - The rollout of Tesla's self-driving taxi fleet is limited and faces regulatory challenges, hindering its commercial viability [6] - The humanoid robot Optimus is still in experimental stages, with production falling short of expectations, raising doubts about its potential value contribution [6] Rivian's Growth Potential - Rivian is transitioning from a luxury niche to the mass market with the introduction of the R2 SUV, expected to increase revenue by 28% or more in 2026 [6] - Rivian's prudent spending strategy and simpler designs aim to mitigate risks associated with mass-market manufacturing [6] - The company is developing its own autonomy platform, Autonomy+, which offers high-margin recurring revenue opportunities [6] - A $5.8 billion agreement with Volkswagen positions Rivian as a key player in electric vehicle technology, potentially establishing it as a foundational technology provider [6] Market Outlook - The AI sector is showing signs of fatigue, leading investors to prioritize tangible returns over speculative projects [7] - Tesla's high valuation leaves little room for setbacks, while Rivian's lower expectations present significant upside potential if targets are met [7] - Tesla's future hinges on navigating complex technical and regulatory challenges, while Rivian's growth narrative is based on actual production increases and confirmed technology licensing [9]

Core Insights - Rivian has introduced an update for its second-generation R1 electric vehicles, featuring a new "Universal Hands-Free" driving software that allows hands-free driving on over 3.5 million miles of roads in the U.S. and Canada [1][2] Group 1: Software Update and Features - The "Universal Hands-Free" feature significantly expands Rivian's driver assistance capabilities, increasing from 135,000 miles of highways to over 3.5 million miles of roads [2][3] - The updated software includes additional features such as a new digital key for second-generation R1 vehicles and the "Kick Turn" feature for quad-motor variants [5] Group 2: Future Developments - Rivian plans to develop a new autonomy computer with custom silicon for its upcoming R2 SUV, set to debut in 2026, which aims to achieve full autonomy [4] - The company has outlined plans to enable point-to-point autonomous driving, although this feature is not expected to be available until 2026 [3]

The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly.Top 5 Upgrades: BofA upgraded Micron (MU) to Buy from Neutral with a price target of $300, up from $250. Though there may be some volatility in AI demand, HBM is sold out again throughout calendar 2026 and customers are engaged in multi-year agreements, positioning Micron for a potentially more sustainable upcycle than in prior ...

Core Viewpoint - Rivian Automotive, Inc. is gaining attention from analysts, with Goldman Sachs and Needham both raising their price targets following the company's Autonomy & AI Day, indicating a positive outlook on its growth potential in the electric vehicle (EV) market [2][4]. Group 1: Analyst Ratings and Price Targets - Goldman Sachs increased its price target for Rivian from $13 to $16 while maintaining a Neutral rating, citing insights from the company's Autonomy & AI Day [2]. - Needham upgraded its price objective for Rivian from $14 to $23 and reaffirmed its Buy rating, highlighting the event's impact on confidence in Rivian's positioning in the software-defined vehicle market [4][5]. Group 2: Strategic Developments - Rivian launched a paid Autonomy+ service model and outlined a scaled autonomy plan set to begin in 2026, along with a new internal compute platform [3]. - The company is focusing on defining its vehicles as platforms for high-profit software, which includes potential for greater autonomy, third-party integrations, and licensing opportunities in the future [3]. Group 3: Competitive Advantage - Needham emphasized Rivian's vertical integration strategy, which allows for more control over development and faster learning processes, contributing to its long-term competitive edge in the industry [5]. - Rivian's approach includes iteration in autonomous and driver interface technologies, positioning the company favorably as the demand for software-defined vehicles grows [5]. Group 4: Company Overview - Rivian Automotive, Inc. manufactures battery-electric vehicles in the U.S. and Canada and develops software for autonomous driving, alongside producing electronic control units in partnership with Volkswagen [6].