Rivian Automotive
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Analysts Reprice Major US Stocks After Tech Earnings Sell-Off
US futures fell on Halloween Eve as the Nasdaq dropped almost 2.5% after a broad sell-off in which all major indices ended lower. Alphabet was the main drag after its weakest third-quarter results in years, closing at $283.82, down 12.64%, while Intel fell towards $68.26 in pre-market trading after its forward guidance disappointed despite beating estimates. The article, a market roundup for investors rather than a charging-sector report, also covers upgrades and downgrades across Boston Scientific, DoorDash, GE Vernova, Honeywell Aerospace, Incyte, Reddit and Rivian Automotive.
Why it matters
Mega-cap tech volatility and analyst rating changes can shift capital availability and investor appetite for growth and infrastructure stocks, including EV-related names such as Rivian, which may affect funding conditions for charging operators and their partners.