Rivian hits production milestone for R2 EV ahead of customer deliveries

Rivian Automotive on Wednesday said it has started production of its new R2 all-electric vehicle for customers at its plant in Normal, Illinois.
Chubb’s earnings blew past the Street. Here’s why the stock is falling

Instead of focusing on those numbers, investors are spooked by signs of a softening property insurance market, with competition increasing and rates declining.
Bessent says ‘many’ U.S. allies have asked for currency swaps amid Iran war turbulence

The White House on Tuesday said the UAE had not requested a currency swap line.
Thief who swiped purse of ex-DHS chief Kristi Noem gets 3 years in prison

The man, Chilean national Mario Bustamante Leiva, “came to Washington illegally to prey on citizens of the District,” said U.S. Attorney Jeanine Pirro said.
Kevin Warsh gave his preferred way for measuring inflation. It could come back to bite him

But Bank of America economist Aditya Bhave warned Wednesday that such a recalculation might not pan out as the former Fed governor hopes.
Buy these two chip stocks primed to benefit from a foldable iPhone, says Barclays

Qorvo and Skyworks Solutions should see their shares rise due to the first foldable iPhone, which is expected to debut later this year, per Barclays.
The charts on this crypto exchange stock are improving, forming a ‘cup-and-handle’ pattern

Frank Cappelleri breaks down the technicals in this crypto exchange name.
These stocks are signaling the return of the market’s ‘Animal Spirits’

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Tesla earnings don’t really matter to the stock anymore. What Wall Street is watching for

Signals on energy storage, autonomous driving and robotaxis are top of mind for investors
Stocks making the biggest moves midday: Axe Compute, AST SpaceMobile, United Airlines, GE Vernova & more

These are the stocks posting the largest moves midday.