DigiTimes reports that Apple is in discussions with Rivian.
shares have melted from an 8% gain to even ahead of Q1 results. Rivian will unveil results for quarter ending in March in Tuesday's post-market. Wall Street expects $-1.16 in adjusted EPS on revenue of $1.17 billion. Rivian stock couldn’t hold onto bulls’ initial buying spree on Tuesday ahead of its quarterly earnings call after the close. Rivian stock opened more than 8% higher on Tuesday but quickly shed those price levels and is trading flat at the time of writing.
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