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Closing Bell: Rivian Jumps, Apple Gains, Chip Stocks Sink

On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Bailey Lipshultz, Norah Mulinda and Tim Stenovec - Rivian Automotive (RIVN) shares climb 8.5% on Thursday after the electric vehicle maker reported second-quarter deliveries and lifted its full-year sales outlook. The company now expects to deliver between 65,000 and 70,000 vehicles this year, it said in a statement Thursday. That range exceeds the roughly 63,000 deliveries expected by Wall Street…

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