Author: Fiona Craig
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UBS Flags Short-Term Challenges for Rivian Amid Fading EV Enthusiasm and Affordability Concerns
UBS analysts are signaling a cautious outlook for Rivian Automotive (NASDAQ: RIVN), pointing to waning consumer enthusiasm for electric vehicles (EVs) and pricing pressures as potential obstacles to the company’s near-term growth. Insights from the bank’s latest 2025 UBS Evidence Lab Global EV Survey suggest that overall demand for EVs is cooling, and Rivian could…
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Vertical Aerospace Shares Climb After Groundbreaking eVTOL Milestone in Europe
Vertical Aerospace Ltd (NYSE:EVTL) saw its stock surge by 6.1% after announcing a historic achievement in the electric aviation space. The company successfully completed the first piloted wingborne flight of a winged electric vertical take-off and landing (eVTOL) aircraft in open European airspace—a major advancement for both the firm and the broader eVTOL industry. The…
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U.S. Manufactured Durable Goods New Orders Drop Steeply In April
With orders for transportation equipment pulling back sharply, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of April. The Commerce Department said durable goods orders plunged by 6.3 percent in April after surging by a downwardly revised 7.6 percent in…
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Dow Jones, S&P, Nasdaq, Trump’s Delay Of EU Tariffs Likely To Spark Rally On Wall Street, Nvidia Earnings, Apple Tariffs
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a sharply higher open on Tuesday, with stocks likely to regain ground following the steep drop seen last week. The upward momentum on Wall Street comes after President Donald Trump announced he is delaying a threatened 50 percent tariff…
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What’s Trending On Investorshub
The investorshub bulletin boards have been active in the last 24 hours. Here’s the most popular topics people have been posting about. Investorshub breakout boards
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Dollar Weakens on Deficit Fears, ING Sees Further Downside Without Strong Data
The U.S. dollar began the week on a softer note, under pressure from renewed concerns about the country’s growing fiscal deficit and escalating trade tensions—despite President Donald Trump temporarily stepping back from a proposed 50% tariff on imports from the European Union. Analysts at ING noted that while markets had largely moved beyond the tariff…
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Bitcoin Holds Steady Near $109K as Markets Gear Up for 2025 Crypto Summit
Bitcoin (COIN:BTCUSD) traded slightly lower early Tuesday, maintaining a tight range just below last week’s all-time high as attention turns to the start of the highly anticipated Bitcoin 2025 Conference in Las Vegas. As of 01:58 ET, the flagship cryptocurrency was down 0.6% at $108,962.20, retracing modestly after reaching nearly $112,000 last Thursday. The pullback…
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Truist Cuts Jack In The Box to Hold, Halves Price Target Amid Sales Concerns
Jack In The Box Inc. (NASDAQ:JACK) received a downgrade from Truist on Monday, as the brokerage flagged mounting challenges in the company’s same-store sales performance and expressed skepticism over the fast-food chain’s current turnaround efforts. Truist lowered its rating on the stock from Buy to Hold and slashed the price target to $22 from $51,…
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Tesla’s European Sales Tumble Amid Intensifying Competition and Lingering Backlash Against Musk
Tesla Inc. (NASDAQ:TSLA) saw its car sales in Europe plunge sharply in April, as growing competition, an aging vehicle lineup, and a lingering backlash tied to CEO Elon Musk contributed to a significant drop in market share. According to newly released data from the European Automobile Manufacturers’ Association (ACEA), Tesla registered just 7,261 new vehicles…
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Pony.ai to Launch Autonomous Robotaxi Service in Dubai Under New RTA Partnership
Chinese autonomous driving firm Pony.ai (NASDAQ:PONY) has announced a new collaboration with Dubai’s Roads and Transport Authority (RTA) to roll out its robotaxi services in the Emirate, marking a significant step in its Middle East expansion strategy. The partnership, formalized through a memorandum of understanding signed on Tuesday, aligns with Dubai’s long-term goal to have…