Stock Groups

Mastercard, Unity Software, Wendy’s and more

One woman passes a Westpac Bank advertisement, in central Sydney. Daniel Munoz | Reuters Take a look at the top midday traders. Poshmark — The online marketplace’s shares tumbled nearly 30% Wednesday after reporting quarterly results late Tuesday. Poshmark lost 9 cents per shared, which was lower than analyst estimates of 7cents. The revenue came […]

Stock Groups

Rivian IPO proves General Motors is undervalued, says GM CEO

Mary Barra, GM CEO and Chair, addresses investors at the GM Tech Center Warren in Michigan on October 6, 2021. General Motors Photo Credit to Steve Fecht Rivian’s massive valuations are a testament to the importance of electric car start-ups. its public debut WednesdayThe Nasdaq has a greater stock price than the market and a […]

Stock Groups

Amazon-backed EV start-up Rivian set to go public

Rivian AutomotiveIt will debut its stock on Wednesday in what is expected to be the largest IPO of the year. Electric vehicle producer on Tuesday priced its stockRivian is expected to rise about $11.9 billion above its current range of $78 per share. Rivian, at this offer price, is valued at $66.5 million, which makes […]

Stock Groups

5 things to know before the stock market opens Wednesday, Nov. 10

These are the top news, trends, and analyses that traders need in order to get started with trading. 1. Wall Street continues to fall, but Tesla’s recent drop has also been a factor. An trader operates on the New York Stock Exchange’s floor (NYSE) in New York City on November 05th, 2021. Spencer Platt | […]

Stock Groups

Rivian prices IPO at $78 a share, valuing company at $66.5 billion

R.J. Scaringe is the 35-year old CEO of Rivian. He introduces his R1T all electric pickup truck and R1S all-electric SUV to attendees at Los Angeles Auto Show, Los Angeles, California on November 27, 2018. Reuters| Reuters Rivian Automotive is the backer of electric vehicle manufacturer AmazonAnd FordAccording to a source familiar with the matter, […]

Stock Groups

Elon Musk, Tesla, SpaceX spend millions to influence politics and policy

Elon Musk, Tesla CEO, gestures while he visited the Gruenheide construction site near Berlin on August 13, 2021. Patrick Pleul | Reuters Elon Musk has told His tens to millions of followers on social media that he said he would prefer “to stay out of politics.” However, the billionaire mogul behind SpaceX and Tesla has […]

Stock Groups

PepsiCo CEO says he expects delivery of first Tesla Semis this quarter

Ramon Laguarta, chief government officer of PepsiCo Inc., stands for {a photograph} earlier than a closing bell ceremony at a Nasdaq Inc. distant location in Atlanta, Georgia, on Friday, Feb. 1, 2019. Elijah Nouvelage | Bloomberg | Getty Photographs PepsiCo CEO Ramon Laguarta mentioned on Monday that the corporate is anticipating its first supply of […]