Rivian in Reverse to Day, the Ev Maker Rolling Back Some Planned Price Increases

Shares of the biggest company in the world were unable to hold onto early gains, but the stock is still up for the week, far outpacing the broader market. But at about 26x forward earnings, is Apple overvalued? We lay out the arguments. Plus commodities on pace for their best week since the 1960s! And BK’s got one chart in the space he says might be the one we should be watching. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.