Stock market today: Stocks open higher, Disney sinks after earnings [Yahoo! Finance Canada]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: Yahoo! Finance Canada
Disney's ( DIS ) earnings and hoped that interest-rate cuts are in the cards as soon as later this summer. The Dow Jones Industrial Average ( ^DJI ) stepped up roughly 0.2%, while the S&P 500 ( ^GSPC ) gained about 0.3% after the benchmark scored its best three-day run in a standout 2024. The tech-heavy Nasdaq Composite ( ^IXIC ) ticked up 0.2%. Stocks have surged as confidence grows that the " Goldilocks " jobs report will give the Federal Reserve reason to ease up on historically high rates — a belief bolstered by comments from policymakers on Monday. A week light on fresh economic data promises to leave those hopes intact. Results from Disney took center stage as the media giant delivered its first quarterly earnings since winning its proxy fight with activist Nelson Peltz last month. The company's earnings beat Wall Street estimates as a key part of its direct-to-consumer streaming business — which includes Hulu and Disney+ — turned its first profit. But shares tumbled after
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- Troubled EV maker Fisker closing Manhattan Beach headquarters [Los Angeles Times (CA)]Los Angeles Times
- Investors in Rivian Automotive, Inc. Should Contact Levi & Korsinsky Before June 18, 2024 to Discuss Your Rights - RIVNAccesswire
- Investors who lost money on Rivian Automotive, Inc. (RIVN) should contact Levi & Korsinsky about pending Class Action - RIVNAccesswire
RIVN
Earnings
- 5/7/24 - Beat
RIVN
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- RIVN's page on the SEC website