Rivian Stock Surges: What's Driving the Rally?

Rivian's stock price surged nearly 7% following hints of potential Federal Reserve interest rate cuts, boosting hopes for easier borrowing and expansion. This spike follows a recent sales high, but shares remain down for the year, highlighting the volatility and risks in the EV market. Will Rivian capitalize on AI and automation to become a long-term winner, or is this just another bump in the road? Hosted on Acast. See acast.com/privacy for more information.