Rivian’s second quarter was marked by a negative market reaction, reflecting investor concerns about profitability despite modest revenue growth. Management attributed the performance to lower production volumes caused by supply chain issues and shifts in trade policy, which led to weaker fixed cost absorption and higher unit costs. CFO Claire McDonough highlighted that, “the largest driver…was driven by the lower production volume and therefore, the lack of fixed cost leverage,” while CEO RJ Scaringe emphasized ongoing cost reductions and strong uptake for recently launched products such as the R1 Quad-Motor. The company’s software and services segment performed well, supported by its joint venture with Volkswagen Group and increasing contributions from remarketing and charging operations.
Electric vehicle manufacturer Rivian (NASDAQ:RIVN) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 12.5% year on year to $1.30 billion. Its non-GAAP loss of $0.80 per share was 25.4% below analysts’ consensus estimates.
The Federal Reserve finds itself in a precarious position, navigating a complex economic landscape heavily influenced by the unpredictable nature of President Trump's tariff policy. As of August 2025, the central bank maintains a cautious "wait-and-see" approach to its benchmark interest rate, holding it steady at a target range of
President Trump's tariff policies continue to cast a long shadow over global trade, directly impacting corporate revenues and earnings reports across a multitude of industries. What began as a strategic move to rebalance trade deficits and bolster domestic manufacturing has evolved into a complex web of increased costs, supply chain
Global stock markets are currently navigating a turbulent and unpredictable landscape, characterized by pervasive volatility, escalating tariff concerns, a mosaic of mixed economic data, and persistent geopolitical risks. This confluence of factors has fostered a palpable sense of caution across major financial hubs, from the bustling trading floors of Wall
The global financial landscape is currently navigating a turbulent sea, buffeted by escalating geopolitical tensions and a resurgence of protectionist trade policies. From the ongoing U.S.-India tariff dispute to broader trade negotiations, persistent regional conflicts, and an intensifying technological arms race, these multifaceted pressures are creating an environment
QuantumScape (NYSE: QS) is an American company at the forefront of developing revolutionary solid-state lithium-metal batteries, primarily for electric vehicles (EVs). Founded with the ambitious goal of overcoming the inherent limitations of conventional lithium-ion batteries, QuantumScape's technology promises higher energy density, significantly faster charging capabilities, and enhanced safety. As a
Apple Inc. (NASDAQ: AAPL) is an American multinational technology company headquartered in Cupertino, California, renowned globally for its consumer electronics, software, and online services. Since its inception, Apple has consistently pushed the boundaries of technology, introducing groundbreaking products that have redefined industries and become integral to daily life. The company
Las Vegas, Nevada - SmartTOP manufacturer Mods4cars has announced a permanent price reduction for its SmartTOP convertible top control module for Volkswagen Beetle Convertible. The retrofittable SmartTOP module is now available for 149.00 Euros plus tax. “We’re pleased that even more VW Beetle drivers can now enjoy the benefits of our feature-rich upgrade,” says PR spokesperson Sven Tornow.
Toronto, Canada - Canadian drivers now have a smarter way to shop, research, and maintain their vehicles thanks to the official launch of ConceptAuto.ca, a bilingual automotive content hub focused on real-world driving, car ownership, and consumer-friendly advice.
Doylestown Auto Repair (267-279-9477) offers specialized Audi, Porsche, Mercedes, and Volkswagen services. With 30 years of combined experience, they provide factory-certified repairs using OEM or cost-effective alternative parts.
