gross profit

3 Growth Stocks That Could Skyrocket in 2024 and Beyond

3 Growth Stocks That Could Skyrocket in 2024 and Beyond

Business
Jessica Roberts

Growth investing requires you to place your money in promising businesses with great long-term potential. You need to pick out companies with ...

Why Tesla’s high-growth Energy unit could be another Amazon Web Services

Why Tesla’s high-growth Energy unit could be another Amazon Web Services

Business
Jessica Roberts

As Tesla (TSLA) stock slumps post earnings on concern over profitability and new product reveals, one part of the business is surging: ...

Why Rivian Stock Popped Tuesday

Why Rivian Stock Popped Tuesday

Business
Jessica Roberts

Shares of Rivian Automotive (NASDAQ: RIVN) jumped today after one Wall Street analyst began coverage and reinforced some positive projections from the ...

Electric-vehicle maker Rivian simplifies output, cuts costs, aiming for first profit

Electric-vehicle maker Rivian simplifies output, cuts costs, aiming for first profit

Business
Jessica Roberts

By Abhirup Roy NORMAL, Illinois (Reuters) -Electric-vehicle maker Rivian’s drive to cut costs and turn its first profit has removed over 100 ...

Rivian reports mixed Q1 results but trims capex forecast and sees Q4 ‘gross profit’

Rivian reports mixed Q1 results but trims capex forecast and sees Q4 ‘gross profit’

Business
Jessica Roberts

Rivian (RIVN) reported mixed quarterly results for the first quarter, but will see further cost savings from shifting its upcoming R2 production ...