Valued at a market cap of $22 billion, electric vehicle manufacturer Rivian has underperformed the broader markets in recent years. Down 80% from all-time highs, the EV maker beat Wall Street revenue consensus estimates in Q2 and surprised investors with a lower capital spending forecast. For Rivian (RIVN), the announcement comes at a pivotal moment
Every investor has felt the itch to buy the one stock everyone else already owns. Fastly’s chart this year has that kind of pull, a steady climb that turns skeptics into buyers with each new high. One of Wall Street’s largest banks looked at that same chart and decided to stay out. BofA Global Research
Cathie Wood, head of Ark Investment Management, likes to lock in gains when her tech darlings rally. That’s exactly what she’s doing with Snowflake, trimming her position after the cloud software stock surged nearly 10% over the past five trading days ahead of earnings. In 2025, the flagship Ark Innovation ETF gained 35.49%, far outpacing
Emotion has done more damage to American portfolios this year than the market itself, and a new Charles Schwab guide breaks down the mistakes behind one of the widest investor-market gaps of the past decade. The guide, ‘5 Common Money Traps and How to Avoid Them,’ breaks down five specific behavioral traps that erode savings,
Apple’s June quarter produced numbers that looked solid on the surface but left investors with a question: Was September quarter guidance conservative, or was the business actually slowing? Bank of America published its answer on July 30. The firm says investors are misreading the results and that the underlying business is stronger than the headline
While the main divide in the world of airline choices will often come down to low-cost or mainstream, the hidden third category is the vacation or leisure airline. The term is generally used for airlines whose network is made up primarily of popular holiday, resort or beach destinations. A major example of the holiday airline
Warren Buffett has spent six decades turning individual stock picks into one of the largest personal fortunes in American history. Buy a low-cost S&P 500index fund, leave it alone, and stop trying to outguess professional traders, he has told shareholders repeatedly. Fresh performance data makes it clear that investors who followed Buffett’s recommendation have been
Reddit just posted one of its best quarters ever. Revenue rose 61% year over year, and profit more than doubled. Guidance topped what Wall Street expected, yet the stock still dropped. That disconnect tells you something important about how investors are thinking about Reddit (RDDT) right now, and it has almost nothing to do with
Honeywell’s spin-off into three separate public businesses from its massive industrial giant is complete. Investors are just beginning the hard part, Jim Cramer says. The CNBC host sees Honeywell Technologies (HON) and new independent Honeywell Aerospace (HONA) as an interesting long-term setup, comparing the split to General Electric’s multiyear breakdown. He says such targeted companies
SpaceX (SPCX) just got some very good news. The U.S. Space Force awarded the company two task orders worth a combined $1.6 billion to launch 18 Falcon 9 rockets carrying military satellites. The news was announced on July 29. Every launch will lift off from Vandenberg Space Force Base in California, with all 18 due