Rivian Automotive (RIVN) announced a significant boost to its expansion efforts with a “conditional commitment” for a $6.6 billion loan from the U.S. Department of Energy (DOE). This loan, part of the DOE’s Advanced Technology Vehicle Manufacturing (ATVM) program, is intended to support Rivian’s stalled plans for a large-scale electric vehicle (EV) assembly plant near […]
Lumen Technologies shares are trading higher following a new strategic Microsoft partnership.
Reddit (NYSE: RDDT) stock traded higher after the company announced a partnership program with major sports leagues. The aim of the partnership is to bring more content to Reddit in a bid to increase user engagement, but also to create opportunities for advertisers to display video ads, AMAs and other formats alongside the content. Why […]
