RIVN May 2024 16.000 put
| Previous Close | 5.80 |
| Open | 5.60 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 16.00 |
| Expire Date | 2024-05-10 |
| Day's Range | 5.60 - 5.80 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 9 |
- Yahoo Finance Video
Rivian posts wider-than-expected Q1 loss
Rivian Automotive (RIVN) posted a wider-than-expected loss in the first quarter. The EV maker reported an adjusted loss of $1.24 per share, which was more than the $1.15 loss analysts were expecting. Revenue of $1.20 billion was in line with expectations of $1.18 billion. Yahoo Finance's Pras Subramanian beaks down Rivian's Q1 results. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Stephanie Mikulich.
- Yahoo Finance Video
Disney earnings, Apple chips, Rivian partnership: 3 Things
Shares of the Walt Disney Co. (DIS) are dropping in Tuesday's pre-market trading after reporting mixed fiscal second-quarter earnings results as the media company struggles to bring all of its direct-to-consumer streaming businesses to profitability. Apple (AAPL) is joining the AI chips race, according to the Wall Street Journal, developing the tech to run its data center servers. Furthermore, Apple is reportedly in talks over a partnership with EV maker Rivian (RIVN). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Reuters
US STOCKS-Wall St set to dip on Uber results, higher bond yields
U.S. stock index futures were set for a lower open on Wednesday following a weak forecast from Uber and a rebound in bond yields as investors sought more clarity on the Federal Reserve's plans for interest rate cuts. This comes after the S&P 500 closed higher for a fourth straight session on Tuesday, its best winning run since March, while the blue-chip Dow scored a fifth session of gain in its longest positive run since December 2023. Markets have mostly traded higher so far in May, as investors took comfort from an upbeat earnings season as well as a recent softer-than-expected labor market report, which tempered concerns about the Fed keeping interest rates higher for longer.
