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RIVN Mar 2025 2.500 put
| Previous close | 0.2500 |
| Open | 0.2600 |
| Bid | 0.0000 |
| Ask | 0.3500 |
| Strike | 2.50 |
| Expiry date | 2025-03-21 |
| Day's range | 0.2500 - 0.2600 |
| Contract range | N/A |
| Volume | |
| Open interest | 13 |
- Yahoo Finance Video
FedEx earnings, Cybertruck recall: Market Domination Overtime
On today's episode of Market Domination Overtime, hosts Julie Hyman and Josh Lipton analyze the market close and some of the biggest stories of the trading day. The Dow Jones Industrial Average (^DJI) reversed course from its Monday gains, closing Tuesday's session lower by over 290 points. Meanwhile, the Nasdaq Composite (^IXIC) soared by 220 points. Federal Reserve leaders spoke on Tuesday, outlining their thoughts on the current state of the economy. Pence Capital Management chief investment officer Dryden Pence signals the potential for one interest rate cut at the end of the year, explaining, "[The Fed] would like to pivot, but I think it continues to move to the right because you have this tremendous robustness of the American economy. I think what people have forgotten is we've added so many workers; we've added 6.1 million new people working in this country since the height of pre-pandemic. When you think about that, that's like adding the entire labor force of Illinois, and that's like adding the entire GDP of France, which is the seventh largest country in the world. And so we've grown France in the last four years." FedEx (FDX) reported fourth quarter earnings that topped Wall Street expectations. The shipping giant reported adjusted earnings of $5.41 per share compared to the estimated $5.34. Pence points to a reacceleration in e-commerce and improved margins as tailwinds for the company. On the autos front, shares of Rivian (RIVN) jumped after Volkswagen (VWAGY, VOW.DE) announced it would invest up to $5 billion as part of a joint venture. Meanwhile, Tesla (TSLA) is under pressure after announcing its fourth recall of the Cybertruck. Finally, Julie Hyman and Josh Lipton break down what to watch on Wednesday, June 26, from Nvidia's (NVDA) shareholder meeting to Chipotle's (CMG) 50-for-1 stock split. This post was written by Melanie Riehl
The TelegraphVolkswagen to invest $5bn in Tesla electric car rival
Volkswagen has announced plans to invest up to $5bn (£3.9bn) in US electric car maker Rivian, as manufacturers rethink their strategies amid uncertain demand.
ReutersVolkswagen slips on worries about cost and implications of Rivian deal
BERLIN (Reuters) -Volkswagen shares fell on Wednesday as investors worried about the cost and uncertainties of a joint venture with U.S. electric vehicle (EV) maker Rivian aimed at beefing up Europe's biggest automaker's position in EVs. The German group said on Tuesday it would invest up to $5 billion in Rivian as part of a venture to share EV platforms and software. Analysts said the deal added to questions about Volkswagen's own software subsidiary, Cariad, which has been struggling with years of delays and losses.
