DOE Slashes Rivian Loan by $2B to $4.5 Billion – But Funds Come Earlier
Rivian gets up to a $4.5B US loan for its Georgia factory, $2B less than planned; funds arrive earlier in 2027, boosting output and starting R2 production.
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#Earnings Movers↓
Apple Q2 2026 Earnings Beat: Record $111B Revenue as iPhone 17 Demand Explodes and MacBook Neo Steals the Spotlight
Apple beat forecasts with $111B sales, strong iPhone demand, rising services and Macs, AI spending up, outlook strong, stock rose.
Reddit Stock Surges After Crushing Q1 Earnings and Raising Q2 Guidance
Reddit beat Q1 expectations, raised outlook, ad revenue and users grew, stock jumped after strong earnings report.
Roblox Shares Plunge After Slashing 2026 Bookings Guidance Over Safety Measures
Roblox cuts forecast after safety changes hurt users and spending; stock drops. Fewer players than expected.
Blue Owl Stock Surges After Selling Half of SpaceX at $1.25 Trillion Valuation
Blue Owl Capital shares jumped after reporting strong Q1 fee-related earnings and revealing it sold half its SpaceX stake at a $1.25 trillion valuation — making 10x its investment.
Royal Caribbean Beats Q1 Expectations But Cuts Full-Year Forecast on Fuel Costs
Royal Caribbean beat Q1 expectations with strong demand, but cut its full-year outlook due to higher fuel costs and global tensions.