Rivian Automotive is an innovative electric vehicle manufacturer focused on producing environmentally friendly transportation solutions. The company designs and develops electric trucks and SUVs, aiming to disrupt the automotive industry by offering high-performance vehicles that are equipped with advanced technology and sustainable features. With an emphasis on outdoor adventure and exploration, Rivian's products cater to outdoor enthusiasts and promote an active lifestyle, while also prioritizing sustainability and reducing carbon emissions. Read More
Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) jumped 11% in the morning session after the company reported third-quarter results that surpassed analyst estimates for both revenue and earnings. The company posted an adjusted loss of $0.65 per share, which was narrower than the anticipated loss of $0.71. Revenue for the period jumped 78.3% year-over-year to $1.56 billion, also beating the consensus estimate of $1.49 billion, driven by the delivery of 13,201 vehicles. Investors also reacted positively to a significant improvement in profitability, as the company's gross margin turned positive at 1.5% for the first time, a notable turnaround from negative 44.9% in the same quarter last year. While the report was mixed, with adjusted EBITDA missing expectations, the market appeared to focus on the strong top-line growth and narrowing losses.
Electric vehicle manufacturer Rivian (NASDAQ:RIVN) reported Q3 CY2025 results beating Wall Street’s revenue expectations, with sales up 78.3% year on year to $1.56 billion. Its non-GAAP loss of $0.65 per share was 9% above analysts’ consensus estimates.
Electric vehicle manufacturer Rivian (NASDAQ:RIVN) beat Wall Street’s revenue expectations in Q3 CY2025, with sales up 78.3% year on year to $1.56 billion. Its non-GAAP loss of $0.65 per share was 9% above analysts’ consensus estimates.
Rivian Automotive, Inc. (NASDAQ: RIVN), an American automotive manufacturer that develops and builds category-defining electric vehicles as well as software and services that address the entire lifecycle of the vehicle, today announced its third-quarter 2025 financial results.
A number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally. The tech-heavy Nasdaq fell approximately 1.4% as a wave of caution swept through the market. A key example of this trend is Palantir Technologies, which saw its shares drop around 7% despite reporting record quarterly results that surpassed analyst estimates and raising its full-year revenue outlook. This seemingly contradictory movement highlighted a broader sentiment shift. Investors appeared to be engaging in profit-taking, concerned that the recent surge in AI-related stocks had led to stretched valuations. This broader market caution affected high-growth technology companies that had previously surged on AI optimism but faced increased scrutiny, signaling a potential cooling-off period for the sector.
Adding serious weight to this caution, leadership at both Goldman Sachs and Morgan Stanley highlighted the possibility of a correction in the equity markets over the next couple of years.
Despite the euphoria driven by AI optimism and the promise of future rate cuts, these banks viewed this cooling-off period not as a disaster, but as a necessary and healthy feature of a long-term bull market.
