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Amazon Earnings Helped by Rivian Stake, but Is Rivian a Buy Now?

Last week, the U.S. stock market made history in two starkly contrasting ways. On Thursday, Meta Platforms stock fell 26% -- wiping out $232 billion of its market cap -- the largest ever market cap loss by any U.S. company in a single day. On Friday, Amazon (NASDAQ: AMZN) stock surged 13.5%, adding $190 billion in market cap -- the largest ever gain by a single U.S company in a day. Read More...

Last week, the U.S. stock market made history in two starkly contrasting ways. On Thursday, Meta Platforms stock fell 26% — wiping out $232 billion of its market cap — the largest ever market cap loss by any U.S. company in a single day. On Friday, Amazon (NASDAQ: AMZN) stock surged 13.5%, adding $190 billion in market cap — the largest ever gain by a single U.S company in a day.

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