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Rivian Now World’s No. 3 Carmaker By Value As Post-IPO Stock Surge Rolls On $Rivian Automotive, Inc.(RIVN)$, the best-funded electric vehicle startup in U.S. history, continued to gain stock market momentum days after its Nasdaq debut–so much so that the California company currently ranks as the world’s third most valuable automaker, topped only by Tesla and Toyota. Shares of Rivian jumped about 15% to close at $149.36 on Monday. That pushed its market capitalization to $146.3 billion. The shares are up 38% since trading began on Nov. 10. The Amazon-backed startup, which only began building its battery-powered R1T pickup truck last month, won’t deliver many vehicles this year. The electric-vehicle start-up Lucid&nb

This bank has struggled in 2021 and now trades at a historically low valuation that could present a good buying opportunity.

GM slides despite posting quarterly profit Private payrolls growth slows as labor shortages linger

Apple’smove to kill off the Identifier for Advertisers system on the iPhone hasinfuriated Facebookand other companies that rely on the ability to track consumer behavior so they can sell targeted advertising.The decision has created the impression that Apple is simply opposed to digital advertising. But that’s not actually the case. In fact, advertising is gradually becoming a material contributor to the company’s revenue base.In a research note Tuesday, Bernstein analystToni Sacconaghidoes a d

Starbucks stock was dropping despite reporting better-than-expected earnings following Tuesday’s clo

Bit Digital Popped nearly 50% to trigger fusing in Wednesday morning trading. Bit Digital, Inc. and