Volkswagen's $5 Billion Deal: Rivian Stock's Real Boost or Just a Bailout? Hosted by MarketBeat StaffJune 28, 2024 ShareLink copied to clipboard. Play video for Volkswagen's $5 Billion Deal: Rivian Stock's Real Boost or Just a Bailout?DetailsGuestsIn a major development, Rivian's stock has soared after Volkswagen announced a staggering $5 billion investment in a joint venture with the EV startup. But is this surge here to stay, or is it just a knee-jerk reaction to the news? Join us as we dive deep into the details of this high-stakes partnership.In This Video, We Discuss:• The specifics of Volkswagen's investment in Rivian• How this deal affects both companies' positions in the EV market• The true motivations behind Volkswagen's move – is it really about Rivian or more about VW's own software ambitions?• The potential long-term impact on Rivian's stock and overall market performanceStocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioRIVNRivian Automotive3.391 of 5 stars$14.62+1.0%N/A-2.53VWAGYVolkswagen0 of 5 stars$11.97-0.4%5.43%N/A Compare These Stocks Add These Stocks to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll Videos Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. 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Hosted by MarketBeat StaffJune 28, 2024 ShareLink copied to clipboard. Play video for Volkswagen's $5 Billion Deal: Rivian Stock's Real Boost or Just a Bailout?DetailsGuestsIn a major development, Rivian's stock has soared after Volkswagen announced a staggering $5 billion investment in a joint venture with the EV startup. But is this surge here to stay, or is it just a knee-jerk reaction to the news? Join us as we dive deep into the details of this high-stakes partnership.In This Video, We Discuss:• The specifics of Volkswagen's investment in Rivian• How this deal affects both companies' positions in the EV market• The true motivations behind Volkswagen's move – is it really about Rivian or more about VW's own software ambitions?• The potential long-term impact on Rivian's stock and overall market performanceStocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioRIVNRivian Automotive3.391 of 5 stars$14.62+1.0%N/A-2.53VWAGYVolkswagen0 of 5 stars$11.97-0.4%5.43%N/A Compare These Stocks Add These Stocks to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll Videos Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatBiden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentia...Priority Gold | Sponsored12 Cannabis Stocks to Buy NowSlowly and surely the cannabis industry is becoming mainstream. As more states legalize medical and recreation...MarketBeatBiden Nomination CANCELED?And I believe when they do take the oath of office, their fingers will be crossed… and America will descend in...The Freeport Society | Sponsored7 Downgraded Stocks That Still May Be Worth a LookA key reason a stock price drops is one or more analyst downgrades. An analyst typically downgrades a stock be...MarketBeatElon’s New Device is About to Shock the WorldUsing this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine...InvestorPlace | Sponsored8 Retail Stocks to Own For the Long HaulAfter the 2020 e-commerce boom, everyone thought we had taken a 10-year leap in online shopping. Amazon was op...MarketBeat
