Rivian Keeps 2022 Production Guidance Intact. The Stock Is Still Falling.

Rivian Keeps 2022 Production Guidance Intact. The Stock Is Still Falling.

Text size The Rivian R1S should start shipping to customers in just a few months. Courtesy of Rivian Electric-truck maker Rivian Automotive reported a wider-than-expected quarterly loss, but more important, maintained its production estimates for the full year. The stock is wobbling while investors digest the news. Rivian (ticker: RIVN) reported an adjusted per-share loss … Read more

Market outlook ‘too volatile’ to chase stock, bond rallies, asset manager says

Market outlook ‘too volatile’ to chase stock, bond rallies, asset manager says

Investors should eschew chasing recent rallies in stocks and bonds given the current economic uncertainty, according to the chief investment officer of Swiss asset manager Prime Partners. Francois Savary said it was hugely difficult to have clear economic visibility due to the particulars of the current investment cycle, such as the Covid-19 recovery and the … Read more

5 things to know before the stock market opens Monday, August 8

5 things to know before the stock market opens Monday, August 8

A trader works on the floor at the New York Stock Exchange (NYSE), New York, August 3, 2022. Andrew Kelly | Reuters Here are the most important news items that investors need to start their trading day: 1. Stocks look for momentum U.S. equities markets were on track to open higher Monday morning after three … Read more

Wall Street banks name their top growth stocks

Wall Street banks name their top growth stocks

Growth stocks have been slammed this year amid a broad bear market slump, but a slew of Wall Street banks believe the tide is now turning. Investors had rotated out of growth stocks — such as tech — and into value as soaring inflation and rising interest rates sent them clamoring for safer bets in … Read more

The Math Behind GE’s Breakup. It’s a Sum-of-the-Parts Party.

The Math Behind GE’s Breakup. It’s a Sum-of-the-Parts Party.

Once the mightiest of industrial conglomerates, General Electric is breaking into three pieces and it is time to value each of the businesses. That means doing a sum-of-the-parts, or SOTP, valuation. Wall Street does them from time to time to see if the pieces of a company are worth more, or less, than the whole. … Read more