Rivian

A fire broke out at EV maker Rivian Automotive Inc.‘s (NASDAQ:RIVN) plant in Normal, Illinois, on Monday afternoon. What Happened: The fire, whose cause remains unknown, destroyed a semitrailer in a loading dock on the south end of the plant and damaged another, the Normal Fire Department...

Honda Motor Co Ltd (NYSE:HMC) plans to invest $11 billion in Ontario, Canada, to establish a comprehensive electric vehicle (EV) value chain, including new assembly and battery plants. The initiative follows Honda’s previous $4.4 billion investment in a U.S. battery plant and underscores its...

At the close of Tuesday’s trading session, key U.S. stock indices showed gains, with the Dow Jones Industrial Average climbing 0.7% to reach 38,503.69, the S&P 500 increasing by 1.2% to 5,070.55, and the Nasdaq also experiencing a rise of 1.6% to hit 15,969.64. These are the top stocks...

On Monday, the leading U.S. stock indices experienced declines, as the Dow Jones Industrial Average concluded the day 0.65% below at 37,735.11, while the S&P 500 dipped 1.2% to 5,061.82. Similarly, the Nasdaq closed the session with a decrease of 1.8% at 15,885.02. These are the top stocks that...

On Thursday, the primary U.S. stock market benchmarks closed higher, with the S&P 500 increasing by 0.74% to reach 5,199.06, while the Nasdaq surged by 1.7% to hit 16,442.20. Conversely, the Dow Jones Industrial Average remained relatively steady, ending the day at 38,459.08. Apple Inc. (NASDAQ...

In a recent episode of “Mad Money,” Jim Cramer expressed his preference for the vehicle produced by Tesla Inc’s rival Rivian Automotive Inc. (NASDAQ:RIVN) over the company’s stock. What Happened: Cramer, on Wednesday during CNBC‘s Lightning Round, commended Rivian...

Rivian Automotive Inc. (NASDAQ:RIVN) vehicles reportedly can now access the supercharger network of Tesla Inc. (NASDAQ:TSLA). What Happened: Tesla investor Sawyer Merritt shared a video of a Rivian customer confirming the announcement, stating that they were able to use the Supercharger for the...

U.S. indices remained mixed on the day when EV giant Tesla released its fourth-quarter earnings data. The Dow Jones Industrial Average declined 0.3% to 37,806.39, while the S&P 500 rose nearly 0.1% to 4,868.55. The Nasdaq was also in the green, it rose 0.4% to 15,481.92. These are the top...

Prominent Tesla investor Ross Gerber faced backlash from Elon Musk supporters, who alleged that Gerber had switched allegiance to the bearish camp. What Happened: After Gerber announced he would be appearing on ‘Last Call CNBC’ to discuss Tesla and its CEO, Musk, an X user by the name...

Ross Gerber, the president and CEO of Gerber Kawasaki Wealth and Investment Management and a Tesla Inc (NASDAQ:TSLA) bull and investor, said on Thursday that he would replace his Model Y for a Rivian vehicle next year, after Tesla CEO Elon Musk backed an antisemitic claim. What Happened: “...

U.S. stocks showed a positive trend towards the end of trading, with the Nasdaq Composite climbing approximately 1% on Tuesday. The Dow Jones Industrial Average saw a modest increase, while the S&P 500 also experienced gains, reflecting a buoyant mood in the market. The Nasdaq ended Tuesday 0.9...

EV startup Rivian (NASDAQ:RIVN) on Thursday revealed that Arnhelm Mittelbach has joined as the first manager of its upcoming Georgia plant. According to an Electrek report, Mittelbach, a former Mercedes-Benz executive, brings over two decades of experience to Rivian. The new plant, set to commence...

Rivian (NASDAQ:RIVN) CEO, RJ Scaringe, opened up about the electric vehicle (EV) market and the future of charging networks amid competition with Tesla (NASDAQ:TSLA) in a recent interview. In a recent discussion with The Verge, Scaringe expressed that there is room for multiple winners in...

U.S. stocks experienced a slight downturn towards the end of trading, with the Dow Jones falling around 10 points. The Dow descended by 0.03% to 33,119.57, while the NASDAQ and the S&P 500 both fell by 0.1% and, landed at 13,219.83 and 4,258.19 respectively. These are the top stocks that...

U.S. stocks exhibited ended higher on Wednesday with the Dow Jones index shedding rising over 120 points or 0.39% to 33,129.55. The NASDAQ, painted a brighter picture, climbing 1.35% to 13,236.01. The S&P 500 also experienced a rise, gaining 0.81% to reach 4,263.75. These are the top stocks...