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Apr 4, 2024 12:53 AM - Davit Kirakosyan
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Rivian Automotive (NASDAQ:RIVN) reported first-quarter electric vehicle deliveries that surpassed analyst expectations. However, the company's stock dropped by more than 5% on Tuesday due to its production numbers for the first quarter falling short of analyst consensus.
Rivian announced it delivered 13,588 EV units in the first quarter, surpassing the consensus expectation of 11,893 units. However, the company produced 13,980 vehicles at its Normal, Illinois facility during the quarter, which was below the anticipated 14,250 units.
Despite the production shortfall, Rivian's first-quarter performance aligned with its internal forecasts, marking a promising beginning to the year. The company's leadership also reiterated its target of producing 57,000 vehicles by the end of 2024.
May 27, 2024 3:30 PM - Rajnish Katharotiya
In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...
Jun 6, 2024 2:47 AM - Parth Sanghvi
ROE vs. ROA: Which Metric is More Important for Investors? When evaluating a company's financial performance, investors often rely on various metrics to gauge profitability and efficiency. Two commonly discussed metrics are Return on Equity (ROE) and Return on Assets (ROA). Understanding the diff...
Jun 6, 2024 2:57 AM - Parth Sanghvi
When it comes to valuing an investment or a business, two of the most commonly used methods are Discounted Cash Flow (DCF) and Net Present Value (NPV). Both methods are essential tools in finance, but they serve slightly different purposes and are used in different contexts. This guide will explore ...