Everest Re Group, Ltd. is a leading global provider of reinsurance and insurance, operating for close to 50 years through subsidiaries in the U.S., Europe, Singapore, Canada, Bermuda and other territories.
You´re fucked mate. The correct chant was "rate cuts, rate cuts." Now you are summoning the Wrath of the Orange God over the breaking of the Epstein Seal...
You sir have no idea what you are talking about. RIVN is way past all the bad news and is approaching an inflection point with the rollout of R2, much cheaper EV for the mass market. This is their "Model Y" moment. Coupled with their in-house AI / Autonomy capability, the street is going to start re-rate RIVN's price target upward. It is not a car company, but a tech company, think of it as a AI / Robotic + software company.
TLDR - the bottom was in when RIVN was trading in the low $10s, and this is just the beginning of a massive multi-year bull run.