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Rivian’s quarterly loss balloons, but EV maker says gross profit is within sight

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5 months ago

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Rivian Automotive Inc. late Tuesday reported quarterly results that were largely in line with expectations, with earlier, steeper stock losses narrowing as investors seemed to focus on hopes that the EV maker reaches a measure of profitability by the end of the year.

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Treasury yields trim declines after PCE inflation reading edges up from Fed’s target

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1 month ago

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November 27, 2024

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Treasury yields were trimming earlier declines after a barrage of pre-Thanksgiving economic data added to the case for gradual Fed rate cuts .

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Jobless claims slide to 7-month low. Businesses not cutting many jobs.

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1 month ago

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November 27, 2024

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The number of Americans who applied for unemployment benefits in the week before the Thanksgiving holiday dipped to a seven-month low in a sign of strength for a steadily expanding U.S. economy.

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More turnover at the top, but this bull still believes in the Weight Watchers parent

Published

1 month ago

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November 27, 2024

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D.A. Davidson reckons WW is a buy as its customers need more than a prescription.

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