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- Jun 25th Stock Market Update - Rivian jumps 40% on investment of $5B from Volkswagen
Jun 25th Stock Market Update - Rivian jumps 40% on investment of $5B from Volkswagen
$QCOM $W $PATH
Mukund Mohan
June 25, 2024
Market
“Volkswagen plans to invest up to $5 Billion in Rivian, starting with an initial $1B with additional $4B coming by 2026. This will help Rivian $RIVN to profitability says the founder. ” 😊 😋
Mostly flat to higher markets, on Nvidia bottoming out and gaining
The best stocks are still giving us good entries and that helps the slow summer months move ahead. Moving away from Semiconductor sector to Mag 7 also helps.
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Meta, Google and Nvidia driving technology higher
The strong stocks in the communications sector (Ads focused) are recovering well too.
Insights from the portfolio
Video of the day
Today’s video is on Qualcomm $QCOM the leading communications chip manufacturer.
