Tag: Suggested

Tesla rival Rivian’s market value jumps by over $1.7B after it unveils R2 and halts $5B factory—cutting costs ‘massively’ as Elon Musk suggested

Tesla rival Rivian faced a make-or-break moment this week as it unveiled its latest model, the R2 SUV. Judging by its soaring shares, things went well. Since the Thursday event, the market value of the Amazon-backed electric-vehicle maker has jumped by more than $1.7 billion. Whether it sinks again as investors reconsider remains to seen, […]

This billionaire blasted the Treasury Secretary for her positive comments on the US economy — suggested she’s ignoring financial realities. Who’s right?

‘I’m disappointed in Janet Yellen’: This billionaire blasted the Treasury Secretary for her positive comments on the US economy — suggested she’s ignoring financial realities. Who’s right? U.S. Treasury Secretary Janet Yellen recently asserted that the U.S. economy has not experienced “meaningful” spillovers from conflicts in the Middle East. This viewpoint, however, is not universally […]