The Biggest Loan Ever?

Here are the top 3 events in the markets today...

GOOD MORNING

(Wednesday)

Here’s everything you need to know today: There are currently 14,157 publicly traded companies in the United States and over 1000+ articles released about S&P500 companies alone every single day. Today we will be showing you the top 3 events that you need to know today:

Market Performance (yesterday)

  1. Dow - 0.28%

  2. S&P 500 - 0.52%

  3. Nasdaq - 0.54%

  4. Bitcoin - -1.34%

Today (Here’s 3 things you need to know)  

  1. Trumps Threat

U.S. markets barely blinked at President-elect Donald Trump’s latest tariff threat.

Stock indexes rose despite Trump’s pledge to slap a 25% tariff on imports from Mexico and Canada on his first day in office, along with a 10% levy on goods from China. Meanwhile, Treasury yields edged slightly higher after a sharp dip on Monday.

The announcement brought back memories of Trump’s earlier term, when his tariff ultimatums fueled trade war fears and rattled markets. This time, however, investors seem less fazed, adopting a wait-and-see approach and betting that he’s unlikely to fully act on all his warnings.

Adding to the market’s focus, traders are digesting the Fed’s Nov. 6-7 meeting minutes, which revealed discussions about slowing or pausing interest-rate cuts if efforts to lower inflation hit a roadblock. The Fed’s tone has traders wondering just how flexible policy might be heading into the new year.

  1. Crowdstrike Strikes Again

CrowdStrike Holdings Inc. served up a plate of mixed news, leaving investors with a bad case of indigestion and sending the stock down 5% in after-hours trading.

The cybersecurity heavyweight predicted adjusted earnings of 84 to 86 cents per share for its fiscal fourth quarter—just shy of Wall Street’s 87-cent appetite, according to Bloomberg.

This lukewarm forecast comes as CrowdStrike is still patching its reputation after a July meltdown that sent millions of Windows devices crashing and chaos rippling through industries like airlines, banks, and healthcare.

But it wasn’t all doom and gloom. Third-quarter revenue brought some sunshine, climbing to $1.01 billion and beating expectations. Adjusted profit? A knockout at 93 cents per share, well above the 81-cent forecast.

CrowdStrike even upped its full-year revenue guidance to $3.92 billion to $3.93 billion, outpacing analysts’ $3.9 billion projection. Still, the earnings miss has left investors wondering: Is CrowdStrike back in action, or is this just a temporary firewall?

  1. Rivian’s $6.6B Loan

Rivian (RIVN) charged ahead, jumping over 4% in afternoon trading after announcing a $6.6 billion conditional loan commitment from the Department of Energy (DOE). Talk about an electric boost!

The funding, part of the DOE’s Advanced Technology Vehicle Manufacturing (ATVM) program, is earmarked to support the construction of Rivian’s planned assembly plant near Atlanta. Development on the Georgia site hit the brakes back in March due to capital concerns, with Rivian shifting focus to its existing plant in Normal, Ill., to save over $2 billion.

Now, the DOE loan could reignite those Georgia plans, with Rivian aiming to ramp up production of its affordable R2 and future R3 vehicles. CEO RJ Scaringe framed the move as a step toward solidifying U.S. leadership in EVs:

“This loan would enable Rivian to more aggressively scale our US manufacturing footprint... A robust ecosystem of US companies developing and manufacturing EVs is critical for the US to maintain its long-term leadership in transportation.”

It seems Rivian is back in the fast lane, with investors eager to see where this new charge takes them!

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