U.S. markets close in 1 hour 2 minutes
  • S&P 500

    3,669.88
    -23.35 (-0.63%)
     
  • Dow 30

    29,346.69
    -243.72 (-0.82%)
     
  • Nasdaq

    10,870.75
    +2.82 (+0.03%)
     
  • Russell 2000

    1,658.82
    -20.77 (-1.24%)
     
  • Crude Oil

    76.61
    -2.13 (-2.71%)
     
  • Gold

    1,632.60
    -23.00 (-1.39%)
     
  • Silver

    18.41
    -0.50 (-2.67%)
     
  • EUR/USD

    0.9615
    -0.0073 (-0.75%)
     
  • 10-Yr Bond

    3.8920
    +0.1950 (+5.27%)
     
  • GBP/USD

    1.0691
    -0.0166 (-1.53%)
     
  • USD/JPY

    144.5730
    +1.2530 (+0.87%)
     
  • BTC-USD

    19,186.87
    +238.46 (+1.26%)
     
  • CMC Crypto 200

    440.26
    +7.16 (+1.65%)
     
  • FTSE 100

    7,020.95
    +2.35 (+0.03%)
     
  • Nikkei 225

    26,431.55
    -722.28 (-2.66%)
     

Rivian Posted an Earnings Loss, but Kept Production Numbers the Same

·2 min read
Rivian Posted an Earnings Loss, but Kept Production Numbers the Same

Electric-truck maker Rivian Automotive reported a wider-than-expected quarterly loss, but more importantly maintained its production estimates for the full year. Rivian stock fell about 4% just after results were released.