E-Learning

Does the Future Look Bright for Rivian Stock?

Rivian Automotive is aiming to bring cheaper models to market in the next few years. It should benefit from increased demand for EVs, but it also faces a lot of competition. It has been tough sledding for Rivian Automotive (NASDAQ: RIVN) since going public in 2021.

Read more

US Home Purchase Applications Gauge Declines to a Five-Week Low

(Bloomberg) -- US mortgage applications for home purchases declined to a five-week low even as rates eased from the highest level since late January.Most Read from BloombergThe Global Struggle to Build Safer CarsAt London’s New Design Museum, Visitors Get Hands-On AccessICE Moves to DNA-Test Families Targeted for Deportation with New ContractLA City Council Passes Budget That Trims Police, Fire SpendingNYC Residents Want Safer Streets, Cheaper Housing, Survey SaysThe Mortgage Bankers Association

Read more

Why Newsmax Stock Fell by Nearly 21% in May

Newsmax's negative news overshadowed some positive developments during the month. Newsmax (NYSE: NMAX), the media stock that rocketed higher in early April just after it landed on the stock exchange and then sank, continued to cool down the following month. On the final Thursday in May, Newsmax divulged that the Securities and Exchange Commission (SEC) had granted approval for a potential mass sale of its Class B common stock by a group of shareholders.

Read more