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09.10.26 - 19:00
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Nio Jumps 5% as Chinese EV Names Rally, XPeng Climbs 4%; Rivian Slips (24/7 Wall St.)
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Chinese electric vehicle (EV) shares are rallying, and the buying is concentrated in automakers that sell their cars into China, while a U.S. rival is moving the other way, which clarifies the picture. Nio (NYSE:NIO) stock is at $3.59 in afternoon trading, up 5% and leading the pack. Similarly, XPeng (NYSE:XPEV) stock is at $9.91, […]...
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07.10.26 - 22:21
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Hims & Hers Names Jon Franklin as Chief Accounting Officer (Business Wire)
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Certified Public Accountant and former Rivian corporate controller will lead Hims & Hers accounting organization as the company expands into new specialties and global marketsSAN FRANCISCO--(BUSINESS WIRE)--Hims & Hers Health, Inc. (NYSE: HIMS), the leading global health and wellness platform, today announced Jon Franklin has joined the company as Chief Accounting Officer. Franklin, a CPA with two decades of technical accounting experience across public accounting and corporate controllership, will oversee the company's accounting organization, reporting to Chief Financial Officer Yemi Okupe.
"We're funding today's growth while building the infrastructure for where we're headed, and Jon brings the rigor and judgment to guide our accounting function through both," said Yemi Okupe, Chief Financial Officer. “Jon has led accounting teams through rapid transformation, working with a range of companies in complex, fast-moving environments. He brings breadth and deep technical expertise to Hims &...
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07.10.26 - 16:00
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Rivian Turnaround Falls Apart (24/7 Wall St.)
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Rivian (NASDAQ: RIVN) posted what should have been good news. It produced 19,751 vehicles and delivered 19,248 vehicles in the third quarter. This was above most expectations. The company's stock dropped after the announcement. It is down 26% this year. The disappointment is that it did not raise its full-year delivery guidance, which is between […]...
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06.10.26 - 18:00
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1 Great Sign for Rivian Investors (Fool)
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Rivian is doing a lot of the right things lately, including consistent improvement in its gross margins, and now the R2 is sending deliveries to the next level....
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05.10.26 - 10:30
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Cowen: "Early Stages Of Looming EV Comeback" (ZeroHedge)
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Cowen: "Early Stages Of Looming EV Comeback"
Cowen analysts led by Itay Michaeli say the EV market has entered the early stages of stabilization as a combination of more self-driving capabilities and elevated gas and diesel prices has shifted consumers toward these vehicles.
"We are still in the early stages of this looming EV comeback," Michaeli told Bloomberg in an interview on Friday. "EV market coverage, by our estimation, will grow substantially in the next couple of years by existing players."
A welcome sign of stabilization came as Tesla and Rivian reported third-quarter deliveries above Wall Street expectations.
Tesla reported deliveries of 486,532 EVs in the most recent quarter, a decline of just 2.1% and well ahead of the roughly 464,000 average analyst estimate, while Rivian delivered 19,248 vehicles in the third quarter, well above the roughly 17,600 expected.
Cox Automotive reports that US EV market share has settled near 6% this year, well below the 11% reached during the rush t...
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02.10.26 - 16:54
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Tesla Surges 5% as 486,532 Deliveries Top Company Consensus; Rivian Slides 3% (24/7 Wall St.)
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Two electric vehicle makers released third-quarter 2026 delivery reports, and the market is sending Tesla (NASDAQ:TSLA) and Rivian Automotive (NASDAQ:RIVN) in opposite directions. Tesla stock is up 5% to $372.64 after the company exceeded a delivery consensus it compiled and published itself. Meanwhile, Rivian stock is slipping 3% to $14.28, even though the company called […]...
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