Tag Archives: reaffirms

Rivian (RIVN) stock jumped after hours as the electric adventure vehicle maker reported a narrower loss than expected loss for the third quarter, and also reaffirmed its full-year production forecast and financial outlook. For the quarter Rivian reported revenue of $536 million, missing estimates of $561.1 million, and reported an adjusted EPS loss of $1.57 a share, smaller than the expected loss of $1.86. More importantly for investors, the company said it would still hit its 25,000 vehicle… Source link

General Motors (GM) reported profit jumped in the third quarter, driven by record revenue and robust demand. For the quarter, GM reported revenue of $41.89 billion, just slightly below analyst expectations of $42.37 billion, but still a record amount for the automaker. GM’s adjusted third quarter EPS came in at $2.25, well ahead of expectations of $1.89, with adjusted net income jumping nearly 50% to $4.3 billion. What has surprised some on the Street is GM reaffirming its full-year EBIT… Source link

Amanda Nunes reaffirmed her greatness to the few who doubted her after she lost her bantamweight title to Julianna Peña in December. And though Peña surrendered her belt to Nunes Saturday in the main event of UFC 277 at the American Airlines Center in Dallas she proved she’s one of the toughest fighters ever to set foot in the Octagon. It was an incredible fight, as Nunes went southpaw early and was cracking Peña repeatedly with hard right hands. She went wrestle-heavy in the second half… Source link

President Biden forcefully articulated a defense of Israel on Friday evening, even as more progressive members of his party have sought to cut military aid to the country amid a renewed cycle of violence. “There is no shift in my commitment to the security of Israel. Period. No shift, not at all,” Biden said during a press conference with South Korean president Moon Jae-in, who was in Washington to discuss the fraught situation on the Korean Peninsula. “We still need a two-state… Source link