NASDAQ:QCLN - Nasdaq - US33733E5006 - ETF - Currency: USD
Rivian spins off its micromobility business into Also, Inc., securing $105M in investment and boosting its stock while focusing on electrified transportation.
Mentions: RIVN
Allegro MicroSystems receives offer from ON Semiconductor for $35.10/share, with an implied EV of $6.9B. Allegro deemed onsemi's proposal inadequate.
DA Davidson believes Rivian is ramping up marketing efforts ahead of its highly anticipated R2 launch while capitalizing on short-term R1S and R1T opportunities.
CEO R.J. Scaringe noted that the R2 bill of materials is about 95% sourced and expected to cost roughly half that of the improved R1.
With the world fighting to go green, investors should pay close attention to some of the best renewable energy stocks to buy.
This ETF offers a smartly diversified index of companies throughout the green energy and energy-efficiency value chains.
Renewable energy stocks continue to get hammered, but may be worth buying for patient investors.