Rivian Killed Ford Earnings. Now It’s Crushing Amazon’s.

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Ford Motor and Amazon.com were early investors in Rivian Automotive. They still own Rivian stock. The wild swings in that stock are creating crazy earnings results for both companies.

Thursday evening, Amazon (ticker: AMZN) stock is down about 7% in after-hours trading after the cloud and e-commerce giant reported first quarter results. The company lost $7.56 a share. That loss compares to EPS of $27.75 a share in the fourth quarter of 2021.

Rivian…


William Murphy

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