Closed
The Marked Chart Wire · Business
Rivian
Rivian reported $2.16 billion in revenue and 19,248 vehicle deliveries, both exceeding analyst expectations. The company guided for 67,000 to 70,000 full-year deliveries and an adjusted EBITDA loss of $1.75 billion to $1.85 billion.
Part of a series: Rivian expands production, tech, and financial support
Prices from Based on Thu, Oct 29 close · Opens Fri 9:30 AM ET. Each tile opens the stock's chart and news.
New to this? Read: Reading a stock chart
Rivian
Rivian reported third-quarter revenue of nearly $2.2 billion, up 38 percent, with the R2 becoming its top-selling model. The company narrowed its adjusted loss to $0.48 per share and raised full-year delivery guidance to 67,000-70,000 vehicles.
Deals
Nvidia is said to be negotiating to offer financial guarantees for a $45 billion cloud agreement involving Anthropic.
HotSymbotic
Symbotic announced a multiyear agreement with Walmart involving roughly $6 billion in initial spending commitments. The deal includes a $125 million investment in new racking technology and expands prior contracts across the Americas.
HotSanDisk
SanDisk reported first-quarter revenue of $11.03 billion and adjusted earnings per share of $49.51, driven by high storage prices for AI data centers. The company guided for second-quarter revenue between $12.2 billion and $12.6 billion.
HotAmazon Earnings
Amazon shares fell 5 percent after hours as Q3 revenue of $201.9 billion and holiday guidance disappointed investors. AWS revenue grew 39 percent to $46 billion, but quarterly capital expenditures reached $75.8 billion.
HotIntel
Intel stock fell nearly 17% after hours as the company guided Q4 revenue to $15B-$16B, below the $17B estimate. Gross margins are expected to decline to 37% due to rising memory costs and a persistent PC market slowdown.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.