qfx

Rivian manufactures all-electric trucks, designed for both commercial purposes (delivery vehicles) and personal use (pickups). Although the company is currently expanding its operations, it’s still experiencing significant losses at the moment. However, during the last quarter of 2024 and the first quarter of 2025, Rivian managed to achieve a gross profit, meaning that the revenue generated from selling its trucks exceeded the costs associated with their production. This is a significant milestone in the journey towards earning an overall profit.

The S&P 500 index (^GSPC) tends to perform slightly better from November to May compared to the rest of the year, according to some statistical data. However, there are significant issues with the “sell in May” strategy.

Today, the valuation of the electric vehicle specialist is experiencing a significant increase due to the news that its Air vehicle models will soon be compatible with Tesla’s Supercharger network. This announcement follows closely on the heels of Lucid forming a robotaxi partnership with Uber, which has led to a 41% rise in the company’s stock price over the last month.

Today, I’m thrilled to share that as of July 31, every model of my beloved Lucid Air sedan will be compatible with Tesla’s Supercharger network! This exciting news has sent the stock soaring by another 9.4% during midday trading, bringing its total increase since early July to a staggering 50%! Some investors might wonder if they’ve missed the boat on this rally, or whether Lucid stock is still a smart investment at its current price of approximately $3 per share. I, for one, believe it’s worth considering!

Alongside a general downtrend in the broader market today, BlackSky’s stock value is being affected by fresh analyst reports from Clear Street and Canaccord. However, despite the dip today, the defense technology company’s share price has still increased significantly, approximately 80%, throughout this year’s trading sessions.

Financial experts predicted that Paccar would make $1.37 per share in Q2, and they were spot on with their projection. Despite expectations of $7 billion in sales, Paccar surpassed this by generating revenue of $7.5 billion – a positive sign for truck demand and potentially beneficial for transportation stocks too.