Tag: Edge

US stocks edge lower as investors watch for cues

Rivian (RIVN) is ripping higher by 39% in the pre-market after its buzzy $5 billion deal with Volkswagen (VWAGY). The deal is broken down into a $3 billion direct equity investment into Rivian and $2 billion investment into a 50/50 owned joint venture. The company will be holding an investor day Thursday at its Illinois […]