Money
Rivian shifts gears in the EV game, introducing the first ever electric pickup
For adrenaline junkies who care a lot about the environment, we finally have the truck for you – and it’s electric!
The world’s first ever electric truck has just rolled off production lines in Normal, Illinois.
Amazon-backed automotive company Rivian bet Tesla and General Motors in the race to manufacture the first electric pickup.
First introduced in 2018. the R1T debuted alongside its sister the R1S with plans to be the firstly developed 5-seat electric trucks.
Back then, the truck was anticipated to cover a range of over 400 miles before charge as the ultimate adventure car for drivers wanting an adrenaline rush.
Following the announcement, Rivian Founder and CEO RJ Scaringe said he wanted to deliver products the world didn’t already have, while redefining expectations through technology.
“Starting with a clean sheet, we have spent years developing the technology to deliver the ideal vehicle for active customers.”
Rivian Founder and CEO RJ Scaringe
“This means having great driving dynamics on any surface on or off-road, providing cargo solutions to easily store any type of gear, whether it’s a surf board or a fishing rod and, very importantly, being capable of driving long distances on a single charge.”
That dream now a reality
Those expectations were met today when the first R1T was rolled out of the factory and into the hands of the first-ever owner.
“After months of building pre-production vehicles, this morning our first customer vehicle drove off our production line in Normal!” Scaringe tweeted.
“Our team’s collective efforts have made this moment possible.”
“Can’t wait to get these into the hands of our customers.”
The R1T model has received regulatory approvals from the National highway Traffic Safety Administration, the US Environmental Protection Agency and the California Air Resources Board.
All 50 US states will see the model popping up in Rivian dealerships across the country, with the truck valued at $67,500 US dollars.
For those hanging out to get their hands on the wheel of one of these muscle machines across Europe, Australia and New Zealand, carsales says you’ll have to wait until early 2022.
Is Tesla behind the eight-ball?
Tesla is still yet to put a date on the release of their Cybertruck, another highly anticipated release for EV fans.
Written by Rebecca Borg
Money
Australia’s sharemarket set for weakest annual return in three years
Australia’s sharemarket set for weakest return in three years; gains from gold and critical minerals offset blue-chip losses.
Australia’s sharemarket set for weakest return in three years; gains from gold and critical minerals offset blue-chip losses.
Australia’s sharemarket is on track for its weakest annual return in three years, with the S&P/ASX 200 Index expected to finish 2025 up around 6 per cent. Investors are feeling the impact of major losses from blue-chip companies, including Commonwealth Bank and CSL, which have dragged overall performance.
Despite the slow year, certain sectors provided a boost. Gains were largely driven by surging gold prices and rising interest in critical minerals, helping offset some of the losses from larger companies.
Smaller companies in the resources sector outperformed their larger counterparts, highlighting a shift in investor focus towards niche opportunities and high-demand commodities.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
#AustraliaShares #ASX200 #StockMarket2025 #InvestingAustralia #GoldSurge #ResourcesBoom #MarketUpdate #FinanceNews
Money
US stocks surge amid AI hype despite market volatility
US stock market bounced back, S&P 500 up 16% in 2023, driven by AI excitement amid policy uncertainties.
US stock market bounced back, S&P 500 up 16% in 2023, driven by AI excitement amid policy uncertainties.
The US stock market has experienced a rollercoaster year, with the S&P 500 nearly entering a bear market in April due to tariff concerns. Investor sentiment shifted following policy changes from President Trump, setting the stage for a dramatic rebound.
By June, the S&P 500 was hitting new records, fueled by excitement over artificial intelligence and its impact on the tech sector. Corporate profit forecasts improved, contributing to an overall annual gain of 16%, despite ongoing market fluctuations.
Yet, the S&P 500 still trails international markets, reflecting lingering policy uncertainties in the US.
Investors are watching closely to see how domestic and global factors will shape the next year.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
#USStocks #SP500 #StockMarket #Investing #AIStock #MarketVolatility #CorporateProfits #GlobalMarkets
Money
Stocks rally ahead of Thanksgiving as markets log four days of gains
Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.
Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.
Markets are moving into the Thanksgiving break with strong momentum, as stocks notch four straight days of gains. The Dow Jones Industrial Average jumped 388 points, while the S&P 500 added 0.9%, pushing both indexes toward their best week since June.
Oracle led major movers, rising more than 4% after Deutsche Bank reaffirmed its bullish outlook on the tech giant. Broad investor optimism continues building across sectors as economic data softens and earnings remain resilient.
All eyes are now on the Federal Reserve and what potential shifts in interest-rate policy may mean for the markets. U.S. markets will close Thursday for the Thanksgiving holiday and reopen Friday for a shortened trading session.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
#Markets #Stocks #Thanksgiving #DowJones #SP500 #Oracle #FederalReserve #FinanceNews
-
Leaders1 day agoAI and automation reshape future tech careers
-
Money22 hours ago
US stocks surge amid AI hype despite market volatility
-
Tech4 days ago
AI stocks surge amid market shifts and spending warnings
-
News23 hours ago
Australia’s property market set to soar in 2026
-
Tech4 days ago
AI investments set to surge in 2026 as companies target productivity gains
-
News4 days ago
Stocks, AI and the economy: What to expect in 2026
-
Leaders4 days ago
Investing in shares: Insights for fluctuating markets
-
Ticker Views4 days ago
2025 Arctic Report Card shows a region transforming faster than expected
