Verified Investing on $RIVN (Oct 28, 2026)
RIVN has good double support at the unfilled April 21, 2025 close gap ahead of tomorrow's earnings, a level the speaker likes and is monitoring. A rumored, unconfirmed Waymo acquisition would be very positive for RIVN, though the speaker notes Rivian is incurring losses while still keeping the business going for a while.
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Rivian will release its report tomorrow, a very important report. We have a good level of support. Therefore, I am monitoring the situation closely. I like this level, and then the double support comes in, as you can see here, to fill the price gap at the close of the candle here, on April 21, 2025.
We have not returned to that point yet. Therefore, we have good double support here for Rivian shares.
Now, there is an interesting speculation here. Investor Jason Calacances, guest on the "All-in" podcast. You may have seen a clip of it. The podcast also features Chamath Palihapitiya, David Sachs, and David Friedberg.
Jason is the fourth person, and he has put forward a simple speculation. Waymo is expected to acquire Rivian. One reason is the cost and political concerns related to cars manufactured in China.
Neither of them has confirmed these claims, but Jason is speaking with several founders and investors. Wait, this might just be smoke, but there might be a hidden spark behind it.
Therefore , it would be a very positive indicator for Rivian's stock if Waymo were to acquire it. It is true that Rivian is incurring losses, but as you know, this is the way to keep the business going for at least a while.
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