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Russ Mould
Russ Mould, Investment Director at stockbroker AJ Bell talks about Consumer Confidence, Rivian, Gold and Bonds.

Electric vehicle startup Rivian valuation surged past Volkswagen to become the world’s third most valuable car manufacturer when its shares more than double since its stock market debut last week.

A 10% rise in sales on Tuesday pushed its market capitalisation to $143.5bn (£107bn).

This means Rivian is now more valuable than German car giant Volkswagen and ranks in third place globally, behind only Tesla and Toyato. It’s also by far the biggest US company with no sales. Source: Guardian