Rivian Stock Rises on Volkswagen's $5 Billion Investment

The true motivations behind Volkswagen's move – is it really about Rivian or more about VW's own software ambitions? ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ Unsubscribe Good Evening, Rivian Automotive NASDAQ: RIVN is a prominent name in the electric vehicle (EV) market. Rivian’s stock price recently witnessed a nearly 60% rise following an announcement from the company. This surge was fueled by news of a substantial investment from the Volkswagen Group OTCMKTS: VWAGY, signaling a significant vote of confidence in Rivian's potential to disrupt the automotive industry. Rivian operates in a rapidly growing market sub-sector and has been grappling with profitability and production challenges. This strategic partnership with Volkswagen could be pivotal for the EV maker, providing the resources and expertise needed to reach its full potential. But is this surge here to stay or is it just a knee-jerk reaction to the news? Watch our latest analysis here. Have you taken a look at these reports yet? A new way to collect income from stocks (Ad) From DTI: Most people think of BUYING options when they talk about options. It's how speculators leverage large sums of money hoping that a stock moves in the "right" direction over a certain period of time. The problem is - they don't always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… Click here to see me place one of these trades LIVE on camera. The #1 Crypto That You Don't Own… Yet (Ad) From Crypto 101 Media: There's all kinds of "signals" to follow when investing in cryptos. But there's one signal you should pay attention to above all others: Venture capital firms. You want to follow venture capital money into cryptocurrencies before anyone gets word of what's happening. Click here for all the details… A lot of people are making this costly mistake (Ad) From WealthPress: You may have heard the saying "options are risky" … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It's how some folks leverage large sums of money hoping that a stock moves in the "right" direction over a certain period of time. Click here to jump in on the next one 2024's Must-Watch Stocks! (Ad) From Darwin: Welcome to a year of unparalleled opportunities! Dive into our exclusive guide, "9 Stocks Set to Soar," meticulously selected to elevate your portfolio in 2024. Step into 2024 with confidence and the right assets at your fingertips. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time. [Unlock Your Report Now] Silver Expected for Extreme Price Action (Ad) From Colonial Metals: Our newest Silver Investing Guide reveals how savvy investors are capitalizing on silver's continued rise – PLUS a little-known loophole that allows investors to move a portion of their savings into silver, tax-free and penalty-free. Just click here now to download our Silver Investing Guide for FREE. William Bushee MarketBeat

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