Rivian's stock climbed Wednesday after Amazon said it had rolled out the first delivery vans from the electric-vehicle maker. UPS, Microsoft shares were also...
Shares of Rivian Automotive Inc. RIVN climbed 3.5% in premarket trading after Amazon.com Inc. said it had rolled out the first electric delivery vans from the electric-vehicle maker. The e-commerce giant said more than 300 new electric vans from Rivian will... Here are some of the biggest movers ahead of Wednesday’s market open:Shares of Rivian Automotive Inc. RIVN climbed 3.5% in premarket trading after Amazon.com Inc.
Netflix Inc. stock NFLX rose 1% in premarket trading, after Goldman Sachs reportedly upgraded shares to neutral from sell.United Parcel Service Inc. stock UPS fell 0.9% in premarket trading after the union representing thousands of workers at the global delivery firm reportedly “walked away from the bargaining table,” and unanimously rejected a contract offer by the company.
Microsoft Corp. MSFT and Amazon shares AMZN slipped 0.8% and 0.7%, respectively, after The Wall Street Journal, citing sources, reported Tuesday that the White House planned to curb Chinese companies’ access to U.S. cloud-computing services. The article said Amazon and Microsoft could be forced to ask the U.S. government for clearance to provide cloud services that use AI chips to Chinese customers.
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