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2021-12-03

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RIVN Stock News: 7 Things for Rivian Investors to Know About the AWS Announcement

One of the biggest (and most exciting) initial public offerings (IPOs) of the year, Rivian(NASDAQ:RI

RIVN Stock News: 7 Things for Rivian Investors to Know About the AWS Announcement

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The electric vehicle (EV) producer — known for its innovative electric SUV and truck manufacturing — has enjoyed a good trading season. The company even received an award from the&nbsp;LA Auto Show&nbsp;in November. Now, although RIVN stock prices haven’t been as high, today brought an announcement that may help shares regain momentum.</p>\n<p>The announcement? This morning as markets opened,news broke&nbsp;that Rivian would be partnering with Amazon Web Services (AWS), a division of e-commerce giant&nbsp;<b>Amazon</b>(NASDAQ:<b><u>AMZN</u></b>).</p>\n<p>No doubt, RIVN stock has struggled today. Despite a slight uptick this afternoon, it’s still down by more than 4% as of this writing. These gains have pushed it into the green for the past week, however. Meanwhile, AMZN stock is down 0.20% for the day and some 4% for the past five days. This shows that no company is immune to the omicron variant-driven uncertainty that has plagued markets this week. Still, for the month, Amazon shares are in the green by around 4%.</p>\n<p>What else should investors know as these two companies prepare to join forces? Let’s find out.</p>\n<p>What RIVN Stock Investors Should Know About the AWS Partnership</p>\n<ol>\n <li>For starters, this agreement will secure AWS’ position as the EV company’s preferred provider of cloud technology. The announcement further establishes the relationship between these two companies. Their relationship was first established when Amazon selected Rivian to&nbsp;producea fleet of electric vans.</li>\n <li>Rivian will be using AWS tech in many areas, including analytics, containers, computation and machine learning. The technology is expected to be a fundamental tool in Rivian’smissionto innovate “the technological foundations for customers’ electric vehicle fleet management and more efficient vehicle charging.”</li>\n <li>In addition, Rivian seeks to implement cloud technology in streamlining its business. It will also be used to help improve battery range.</li>\n <li>These innovations can be found all across Rivian’s vehicles, including the electric delivery vans (EDVs) it’s building for Amazon.</li>\n <li>According to the statement issued this morning, the company is also working hard to meet its goals while also considering Amazon’s&nbsp;Climate Pledge. The pledge&nbsp;centers around building “cleaner and more sustainable” transportation.</li>\n <li>AWS technology will be used in both Rivian’s software-defined vehicle (SDV) architecture as well as “over-the-air software updates.” This will allow the company to even make improvements remotely.</li>\n <li>The historic market debut of RIVN was central to&nbsp;<i>InvestorPlace</i>analyst Luke Lango’s&nbsp;thesis&nbsp;that EV stocks will be able to deliver 10x returns. The AWS news is just another plus for RIVN stock.</li>\n</ol>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>RIVN Stock News: 7 Things for Rivian Investors to Know About the AWS Announcement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRIVN Stock News: 7 Things for Rivian Investors to Know About the AWS Announcement\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-03 09:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/12/rivn-stock-news-7-things-for-rivian-investors-to-know-about-the-aws-announcement/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest (and most exciting) initial public offerings (IPOs) of the year, Rivian(NASDAQ:RIVN) was in headlines evenbefore it began trading. The electric vehicle (EV) producer — known for its...</p>\n\n<a href=\"https://investorplace.com/2021/12/rivn-stock-news-7-things-for-rivian-investors-to-know-about-the-aws-announcement/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"source_url":"https://investorplace.com/2021/12/rivn-stock-news-7-things-for-rivian-investors-to-know-about-the-aws-announcement/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148541693","content_text":"One of the biggest (and most exciting) initial public offerings (IPOs) of the year, Rivian(NASDAQ:RIVN) was in headlines evenbefore it began trading. The electric vehicle (EV) producer — known for its innovative electric SUV and truck manufacturing — has enjoyed a good trading season. The company even received an award from the LA Auto Show in November. Now, although RIVN stock prices haven’t been as high, today brought an announcement that may help shares regain momentum.\nThe announcement? This morning as markets opened,news broke that Rivian would be partnering with Amazon Web Services (AWS), a division of e-commerce giant Amazon(NASDAQ:AMZN).\nNo doubt, RIVN stock has struggled today. Despite a slight uptick this afternoon, it’s still down by more than 4% as of this writing. These gains have pushed it into the green for the past week, however. Meanwhile, AMZN stock is down 0.20% for the day and some 4% for the past five days. This shows that no company is immune to the omicron variant-driven uncertainty that has plagued markets this week. Still, for the month, Amazon shares are in the green by around 4%.\nWhat else should investors know as these two companies prepare to join forces? Let’s find out.\nWhat RIVN Stock Investors Should Know About the AWS Partnership\n\nFor starters, this agreement will secure AWS’ position as the EV company’s preferred provider of cloud technology. The announcement further establishes the relationship between these two companies. Their relationship was first established when Amazon selected Rivian to producea fleet of electric vans.\nRivian will be using AWS tech in many areas, including analytics, containers, computation and machine learning. The technology is expected to be a fundamental tool in Rivian’smissionto innovate “the technological foundations for customers’ electric vehicle fleet management and more efficient vehicle charging.”\nIn addition, Rivian seeks to implement cloud technology in streamlining its business. It will also be used to help improve battery range.\nThese innovations can be found all across Rivian’s vehicles, including the electric delivery vans (EDVs) it’s building for Amazon.\nAccording to the statement issued this morning, the company is also working hard to meet its goals while also considering Amazon’s Climate Pledge. The pledge centers around building “cleaner and more sustainable” transportation.\nAWS technology will be used in both Rivian’s software-defined vehicle (SDV) architecture as well as “over-the-air software updates.” This will allow the company to even make improvements remotely.\nThe historic market debut of RIVN was central to InvestorPlaceanalyst Luke Lango’s thesis that EV stocks will be able to deliver 10x returns. 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