Recently, the electric vehicle industry has fallen out of favor with investors due to falling demand for electric vehicles and concerns that Fiske might file for bankruptcy.
A number of electric vehicle manufacturers such as Rivian Automotive (NASDAQ: RIVN), Lucid Group (LCID), and Tesla (TSLA) have shown signs of slowing growth, which has led to significant loss of value over the past year. Rivian's recent first-quarter earnings report also fell short of Wall Street's expectations.
Despite this, Rivian is sticking to its target of delivering 57,000 electric vehicles for the 2024 fiscal year, and now the EV maker's revenue momentum and unit economy are improving.
Although it may take longer than expected for this electric vehicle company to achieve profits, I think the risk-to-benefit ratio still tends to be positive for long-term investors!
Previous ratings
In February of this year, I strongly recommended buying Rivian shares. Since then, the company announced 17,541 electric vehicles produced in the fourth quarter, a record high: it will soon become a single-price stock, so what do we do now?
Despite the many challenges facing the electric vehicle industry in a market environment of low demand and continued inflation, I still think Rivian is moving in the right direction, especially given that it has confirmed delivery for the 2024 fiscal year...

ARM's performance in the fourth quarter and full year of 2024 shows its leadership position in global semiconductor and AI technology.
Fourth quarter financial highlights
• Revenue: Fourth-quarter revenue reached US$928 million, up 47% year over year. This growth rate not only surpassed the growth rate of the previous quarter, but also exceeded analysts' expectations of US$880 million.
• Operating profit: Adjusted operating profit reached $391 million, far higher than market expectations of $355.9 million. This shows that ARM has achieved significant results in improving efficiency and controlling costs.
Annual financial performance
• Annual Revenue: Total revenue for the 2024 fiscal year reached US$3.233 billion, up 21% year over year. This is the first time in ARM's history that annual revenue has exceeded US$3 billion.
• Royalties and license revenue: Royalties royalties increased 8% to $1,802 million, and license revenue increased 43% to $1,431 million, both of which reached record highs.
Strategic developments and market trends
• The spread of AI technology: ARM's accelerated investment in AI technology has driven growth in royalties and licensing revenue, particularly the rapid adoption of the Armv9 architecture and the recovery of the semiconductor industry.
• Market expansion: ARM not only has strong performance in the smartphone market, but has also made significant progress in the server and automotive markets. ARM technology plays a key role in a wide range of applications from cloud computing to edge devices.
Prospects for the future
• 202...

Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,330.10, down 0.75%
● Trans Mountain seen delivering better prices for Canadian oil 'for years'
● Suncor earns $1.6B in first quarter, breaks all-time oilsands production record
● Shopify's stock slides 18% after company swings to quarterly loss
● Regulator...