Apple-Rivian partnership may be on horizon: DigiTimes

Apple (AAPL) may form a potential partnership with Rivian (RIVN) to move into the EV space, according to a report from DigiTimes. This comes after Apple has poured billions into its self-driving vehicle technology.

Shares of Lucid (LCID) are sliding as the company posted its first quarter report, which beat expectations with revenue on the top and bottom lines. However, the company posted a loss on its adjusted EBITDA, at $598.4 million against expectations of $505.1 million.

Yahoo Finance Reporter Pras Subramanian joins The Morning Brief to break down the latest developments for Rivian, Apple, and Lucid.

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This post was written by Nicholas Jacobino