About this episode

The episode covers earnings reports from Rivian, Qualcomm, and Roblox, highlighting key developments in the electric vehicle and tech sectors.

On this episode of Stock Movers, we get a roundup of earnings after the bell:   Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. - Rivian (RIVN) posted a narrower first-quarter loss ahead of the sales debut of its new R2 SUV that’s seen as critical to the electric-vehicle maker’s future. The company separately said it would increase initial production at a new factory planned in Georgia to 300,000 vehicles annually, up from 200,000 units under its previous plan. Construction of the facility is scheduled to begin this year with R2 output at the plant starting in late 2028, the company said. - Qualcomm (QCOM) rallied in trading today after it said it was making headway in the lucrative data center market and predicted that the China phone industry would bounce back.When reporting quarterly results Wednesday, the chipmaker said that a top hyperscaler — an industry term for the largest data center operators — was on track to begin using its components later this year. Qualcomm, the biggest maker of…

People in this episode

Hosts: Romaine Bostick, Katie Greifeld, Carol Massar, Tim Stenovec

Topics covered

• earnings report
• stock market
• electric vehicles
• data center market
• gaming industry

Keywords

• Rivian
• Qualcomm
• Roblox
• earnings
• stock market
• electric vehicles
• data centers
• gaming

Mentioned in this episode

Organizations: Rivian, Qualcomm, Roblox, Bloomberg Television, Bloomberg Radio

Products: R2 SUV

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