Reported 3 months ago
In today's market update, Rivian's shares fell after the company reduced its full-year production forecast due to parts shortages and declining EV demand. Conversely, shares of Seven & I Holdings surged as reports emerged about the company potentially selling a majority stake in its supermarket division. Meanwhile, Meta Platforms faces new EU regulations requiring them to limit the use of personal data for targeted ads on Facebook.
Source: YAHOO