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Now time for some of today’s trending tickers, starting with Rivian.
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The EV maker reporting fewer deliveries than expected for the fourth quarter.
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Deliveries also saw a saw a double digit decline from the previous quarter and a 31% year-over-year drop.
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While looking ahead to 2026, Barclays expects a modest increase in uh when assuming a slow ramp up for the R2 model along with the decline in R1 volume.
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And turning to furniture retails, those stocks are climbing after Trump’s latest tariff announcement.
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The president delaying increased tariffs on upholstered furniture, kitchen cabinets and vanities for a year.
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The higher duties were previously expected to take effect on January 1st.
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The move keeps September’s existing 25% tariff, but postpones scheduled hikes to 30% for pulsat furniture and 50% for kitchen cabinets and vanities.
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And lastly, Vertiv Holdings gets an upgrade at Barclays.
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The firm lifting its rating on the stock from equal weight to overweight.
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Barclays highlighting that Vertiv is ripe for some catchup in 2026, adding that shares currently offer a good entry point.
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Barclays saying there is substantial upside scope to current consensus estimates for both 2026 and 27.
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Vertiv has 28 buy, six holds and one sell among analysts tracked by Bloomberg.