Rivian Is Raising Around $1.5 Billion By Offering 75 Million Shares. Here’s Why the Stock Is Tanking.
Key Points Shares of the premium electric vehicle company Rivian (NASDAQ:RIVN) crashed 18% on July 7, after the company announced…
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Labor Market
Dollar Edges Up on Weak Stocks and Crude Oil Strength
The dollar index (DXY00) rose by +0.24% on Tuesday. The dollar rose on Tuesday amid weakness in stocks, boosting liquidity…
Why Richtech Robotics Stock Fell off a Cliff in June
Key Points Few investors are happy when one of their investments admits to faults in important financial statements. That was…
Crude Oil Prices Sharply Higher on Supply Disruptions
August WTI crude oil (CLQ26) on Tuesday closed up +1.89 (+2.76%), and August RBOB gasoline (RBQ26) closed down -0.0494 (-1.64%).…
Why Wheaton Precious Metals Stock Slumped by Nearly 14% in June
Key Points Wheaton Precious Metals (NYSE: WPM) was hardly a golden stock in June. Although the company operates under something…
Nat-Gas Prices Climb on Carryover Support from European Nat-Gas
August Nymex natural gas (NGQ26) on Tuesday closed up +0.020 (+0.62%). Nat-gas prices pushed higher on Tuesday amid carryover support…