Stock Market Today, May 1: Rivian Falls After Investors Focus on Cash Burn Despite Beating Q1 Expectations
Rivian Automotive (NASDAQ:RIVN), which develops and sells electric pickup trucks and SUVs, closed Friday at $15.02, down 8.41%. The stock moved lower as investors reacted to Q1 results. The company updated R2 production and funding plans, but concerns continue about cash burn and EV demand. Investors will closely watch execution of the R2 ramp and Rivian’s autonomous driving initiatives.
Read MoreWhy Sandisk Stock Was on Fire This Week
Key Points
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The company more than tripled its fiscal third-quarter revenue.
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It’s taking full advantage of very strong demand for storage solutions.
Sandisk (NASDAQ: SNDK) was quite a star on the stock exchange over the past few trading sessions,
» Read more about: Why Sandisk Stock Was on Fire This Week »
Read MoreCharles Schwab CEO on financial literacy: Investing can make a real difference in your life
The AI Boom and the Future of Investing
In this episode of Motley Fool Money, Rule Breakers strategy senior vice president Brian Richards sits down with Morgan Housel, bestselling author of The Psychology of Money, Same As Ever, and The Art of Spending Money, for a conversation about how the AI boom is intersecting with human psychology and investing.
» Read more about: The AI Boom and the Future of Investing »
Read MoreThe Real Threat to Your Social Security If You’re Under 55 Might Surprise You
Many Americans worry that Social Security won’t be there when they retire, especially those still years away from claiming benefits. While concerns about funding, inflation, and market volatility are valid, the bigger issue for many households may be how far their Social Security benefits actually go once they start receiving them. The real risk isn’t what you might expect.Even if benefits remain intact,
» Read more about: The Real Threat to Your Social Security If You’re Under 55 Might Surprise You »
Read MoreThe Burst
IBM’s Smart Move To Prove It’s an AI Powerhouse
For years, IBM has worn the “missed opportunity” label in artificial intelligence. The company that built Deep Blue, the chess-playing computer, and Watson, the supercomputer, seemed perfectly positioned to dominate AI before anyone else saw it coming.
And yet, while those early breakthroughs made headlines, IBM failed to cash in.
» Read more about: IBM’s Smart Move To Prove It’s an AI Powerhouse »
Read MoreThe Ivy
Is PayPal About to Stage an AI-Powered Comeback
Shares of PayPal haven’t joined the tech sector’s rally. While the S&P 500 has climbed, PayPal has slipped about 15% over the past year. But a new partnership with OpenAI and strong underlying fundamentals could mark the start of a rebound.
Key Points
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PayPal’s integration into ChatGPT positions it as the default payment option for AI-powered shopping—an early lead in conversational commerce.
» Read more about: Is PayPal About to Stage an AI-Powered Comeback »
Read MoreThe Spotlight
Is This 8.6% Yield Too Good to Ignore?
If you’re the kind of investor who wants steady income, especially the kind that drops into your account every month like clockwork, the JPMorgan Equity Premium Income ETF (JEPI) is tough to ignore.
The headline number is eye-catching, an 8.6% trailing yield, paid monthly. That’s not just high, it’s more than four times the yield of the S&P 500 and well above what most high-grade corporate bonds are paying right now.