• GM
• RIVN
• RKLB
• SAVE
• SPOT
• SWKS
• TSLA

Rivian, Spotify, CAVA Group rise premarket; Spirit Airlines slumps

US stock futures dipped as key inflation data approaches; notable movers include Rivian, Spotify, CAVA, Tesla, and Rocket Lab amid mixed earnings and recalls.

• AMGN
• ESZ24
• META
• MSFT
• NQZ24
• RIVN
• SAVE
• TSLA
• US10YT=X

Futures slip as markets await inflation data for clues on Fed's rate path

U.S. stock index futures fall ahead of inflation data, with mixed results in major stocks and concerns over Treasury yields and potential interest rate cuts.

• BTC/USD
• IXIC
• RIVN
• SPOT
• SWKS
• US500
• VOWG

Stock Market Today: S&P 500 ekes gain as yields rebound to cool recent rally

The S&P500 gained slightly as inflation data aligns with expectations, prompting bets on a December rate cut, while various companies like Rivian and Spotify saw stock fluctuations.

• RIVN
• VOWG
• VOWG_p

Rivian surges over 8% as Volkswagen increases JV investment

Rivian's stock rose 8.4% after Volkswagen increased its investment to $5.8 billion for a joint venture, aiding Rivian's future EV launches amidst market challenges.

• RIVN
• RKLB
• RKT
• SPOT
• ZI

After-hours movers: Spotify, Rivian, CAVA Group and more

Spotify and CAVA saw significant gains, while ZoomInfo, Rocket Companies, and Instacart faced declines following after-hours earnings reports.

• RIVN
• VOWG_p

Volkswagen raises investment in Rivian to $5.8 billion

• RIVN

Rivian cut to Neutral at BofA amid challenging gross margin outlook

Bank of America downgraded Rivian's shares from Buy to Neutral, lowering price target to $13 due to significant losses and challenging market conditions.

• ABNB
• AFRM
• AKAM
• LCID
• RIVN
• TSM

Airbnb, Trump Media, Affirm fall premarket; Rivian, Lucid rise

US stock futures rise post-election; notable movers include Airbnb, Block, Rivian, and Lucid Group, amidst fluctuating earnings and consumer spending concerns.

• RIVN

LG Energy Solution signs 5-year battery supply deal with Rivian

LG Energy Solution has signed a five-year agreement to supply 67 GWh of cylindrical batteries to Rivian for its R2 model, manufactured in Arizona.

• RIVN

Rivian stock rises despite revenue miss in Q3

Rivian's Q3 earnings fell short, but stock rose 3% due to cost reduction progress; it remains on track for positive gross profit by Q4 2024.