Saturday, July 24, 2021

EV startup Rivian announces $2.5 billion funding round led by Amazon, Ford

Electric car startup Rivian said on Friday it has closed a $2.5 billion fundraising round led by investors Amazon.com Inc, Ford Motor Co and T. Rowe Price.

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Apple Shares Rise After Positive Sales Outlook Signals iPhone Recovery

Apple has forecast relatively strong sales growth as the firm approaches AI more cautiously than many of its peers. Despite the AI rollout s...