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Why Musk and Vance’s efforts to normalize this extreme-right party in Germany is so alarmingAfter Helldivers 2 took home four awards from the Golden Joysticks earlier this week, one dev from Arrowhead Game Studios spoke on the state of the games industry and the work that needs to be done to remedy the issues currently plaguing it. During an interview at the event, Helldivers 2 production director Alex Bauwl explained that while it's currently an "amazing time" when it comes to the games that are being released, the industry as a whole is in fairly poor shape. "I think the industry these days is in such a dire state", he begins. "It's so important to take the time... Alex RaisbeckAP Business SummaryBrief at 11:08 a.m. EST

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JUNK food firms are dodging the Government’s ban on advertising by ­targeting kids on gaming sites and social media, The Sun on Sunday can reveal. Ultra-processed foods, often manufactured and containing many ingredients including salt, fat and sugar, have been linked to a ten-fold rise in people with Type 2 diabetes. Advertisement 10 Junk food firms are dodging the Government’s ban on advertising by ­targeting kids on gaming sites and social media Credit: Getty 10 Dr David Unwin explains how the NHS will 'not be able to cope' Credit: PP. In the UK, more than half of the average diet now consists of processed foods and for some — especially those who are younger, poorer or from ­disadvantaged areas — it can be as much as 80 per cent. Labour pledged to introduce the plan next year to ban junk food adverts promoting products high in fat, salt and sugar (HFSS foods), before 9pm on TV and in all paid-for online adverts. It was drawn up by the last Conservative government to tackle a deadly obesity crisis costing £268BILLION a year — around £7,000 per taxpayer. But experts believe firms will ­turbocharge advertising on radio and podcast platforms not covered by the ban. Advertisement READ MORE ON JUNK FOOD SNACK ATTACK New tax on junk food announced as part of plan to ‘get Brits back to work’ HEARTWARMING Xmas drink 'protects heart - cancelling damage done by junk food and stress' Non-paid-for marketing on the brands’ own websites and organic social content will also be allowed. Five food firms — Mars, Haribo, PepsiCo, Kellogg’s and Mondelez which owns Cadbury — currently advertise the most on TV. According to a recent survey, they make up 80 per cent of all ads for confectionery and snacks shown on UK TV before the 9pm viewing watershed. But today our investigation can reveal how some of the biggest firms are using creative ways to find loopholes, switch and bombard youngsters with adverts via social media and gaming sites to beat the online ban too. Advertisement Most read in Health DR WARNING The 5 common meds that 'raise dementia risk' including for hay fever and anxiety FREAK SHOW Inside deadly Mukbang craze...where people 'eat themselves to death' for £240k pay HORROR Turkey clinic held me hostage & charged EXTRA £8k to 'save me' after THEY botched op HANGING HOLIDAYS Hangover-busting household staple can help you battle sore head this Xmas Creative director and marketing expert Calvin Innes, of JvM Nerd London, a media agency for gaming, told The Sun on Sunday: “Many gamers and younger consumers spend time on platforms like YouTube and TikTok where TV bans won’t apply, and major companies are already shifting to social media, gaming and in-app advertising. "The ban will only increase the speed of migration.” Inside UK's obesity capital where gorgers order McDonald's, pizza & kebabs in SAME day from despairing delivery drivers Research by Liverpool University reveals 49 per cent of all UPF ads on 76 UK TV channels were broadcast between 5.30am and 9pm. Haribo accounted for the most, followed by Mars with ads for items such as Snickers and M&Ms. Advertisement The study found food manufacturers in the UK spent more than £55million in 2022 on online adverts for food and drink products from four food categories associated with children’s excess sugar and calorie intake — chocolate, crisps, biscuits and ice cream. The study also found that users of the biggest gaming platform, Twitch, where two thirds of users are under 35, are being bombarded with junk food marketing for 52 minutes every hour. In many cases, rather than being overt adverts, they see a product or logo on the screen for a long time, or looping images. Nutritionist and author Robert Hobson warns we are ­“facing a ticking time bomb”. He said: “Teenagers are being targeted by the food industry through aggressive marketing and cheap food deals. Advertisement UPFs are designed to be addictive, combining salt, sugar and fats to override our natural hunger signals and keep us coming back for more. ‘Catastrophic burden’ “The issue with UPFs goes beyond additives — they’re also low in nutrients, easy to overeat but not very satisfying. Consuming large quantities at a young age could be setting the stage for chronic disease in later life. “Unless we address it now, the long-term health burden could be catastrophic. Big food companies are profiting from a system that places marketing above health.” Even simple products such as sliced ham, cheese for kids’ sandwiches, bread, breakfast cereals and yoghurts can be classed as UPFs. Advertisement Robert said: “These foods are engineered to make us crave them. “Kids with their weaker impulse control are going to be particularly susceptible to UPFs. They are influenced by their peers and many UPFs become ‘trendy’ foods.” UK families buy more ultra- processed food than any others in Europe. Germany — the home of Haribo sweets — comes second. The confectioner keeps its earnings under lock and key, but Forbes has estimated its revenues exceed £2.4billion. Advertisement Last year Haribo announced of their 2023 UK earnings a “24 per cent increase in turnover”. Dr David Unwin, based in Southport, Merseyside, told The Sun on Sunday: “Unless we do something, the NHS will never be able to cope. In my practice alone we’ve seen an astonishing ten-fold rise in Type 2 diabetes. Children are receiving numerous messages designed to trigger desire for compulsively consumed food items Dr Barry Smith “I am convinced it has been increased by a dramatic rise in poor-quality takeaway meals and the runaway consumption of junk food.” The Government’s plan comes after UPFs were directly linked to 32 harmful effects on health, including a higher risk of heart disease, cancer and Type 2 diabetes, as well as mental health problems and early death. Advertisement The new rules mean a ban on branded online ads but experts say food giants are instead paying for promotional tie-ins with social media influencers and YouTube creators to plug their products. They are also focusing on placing content on gaming and live-streaming platforms used by millions of Brits, which won’t be covered by the ban. Experts also warn firms will pay for product placement in our favourite TV shows. As the ban only applies in the UK, firms are likely to target overseas media ­platforms that we view. Dr Barry Smith, who has spent nearly a decade working with the biggest junk food brands in the world, said: “We are already seeing well-targeted food advertising on gaming ­platforms and even on the back of bus tickets. Advertisement "Children are receiving numerous messages designed to trigger desire for compulsively consumed food items.” The key ways to avoid UPFs are cooking from scratch and reading labels to see what is in our food. Legal uncertainty But Robert says: “In the cost-of-living crisis, UPFs are often the more affordable option. This ­disparity keeps families locked into unhealthy eating patterns. Cheaper nutritious staples require time, motivation, cooking skills, nutrition literacy and cooking equipment.” Yet Matt Charlton, CEO of ­creative agency Brothers & Sisters, thinks the only solution is less UPF production. He said: “The Government vastly overestimates the power of advertising. Advertisement “Unless you are going to stop children walking past and going into shops that sell junk food, you aren’t making a difference.” Lawyer Katrina Anderson, from law firm Mills & Reeve, says it is unclear exactly how the new ban would work, adding: “There is still some legal uncertainty . . . because we are awaiting secondary legislation and guidance. “It will clarify some important points such as the scope of paid-for online advertising and the categories of food caught by the ban.” A spokesman for trade body the Food & Drink Federation said: “Food and drink manufacturers take the issue of obesity and poor diets really seriously. Advertisement “Our industry adheres to all advertising rules and is preparing for further regulations that come into effect in October 2025.” A spokesman for Kellanova, which owns Pringles and Kellogg’s said: “We are fully committed to the responsible marketing of our foods across all platforms. We will adhere to the new advertising ­regulations for HFSS foods.” Swap these for these 10 These Go Ahead Fruit And Oat Bakes are not as healthy as they appear 10 This option comes without added sugars or preservatives Credit: Alamy Advertisement SWAP THIS : Go Ahead Fruit And Oat Bakes (6 x 35g, £1.75, Ocado). Appears healthy but it is a UPF as it contains glucose-fructose corn syrup, modified starch and gelling agents, to name a few. FOR THIS: Nakd Cocoa Orange Bars (4 x 35g, £3, Tesco). Made with dates, cashews, raisins and cocoa, this comes without added sugars or preservatives. 10 This ham contains four types of sugar and various additives 10 This Asda Extra Special Roast Turkey Breast is far less processed Advertisement SWAP THIS : Premier Deli Cooked Ham Trimmings (400g, £2.75, Tesco). Contains many ingredients, including four types of sugar and various additives. High in salt. FOR THIS : Asda Extra Special Roast Turkey Breast (4 slices, £2.95). Much less processed, containing just four ingredients that are mostly found in home cooking and no preservatives. 10 This peanut butter includes palm oil, which is linked to increased bad LDL cholesterol 10 Whole Earth Organic Crunchy Peanut Butter is minimally processed Advertisement SWAP THIS : Essential Smooth Peanut Butter (340g, £1.80, Waitrose). Includes palm oil, which is linked to increased bad LDL cholesterol, and cane sugar. FOR THIS : Whole Earth Organic Crunchy Peanut Butter (227g, £2.75, Sainsbury’s) Minimally processed, made from 100 per cent roasted organic nuts, with no added oils or sugars. Read more on the Scottish Sun SIP SIP HOORAY Exact time Coca-Cola truck arrives in Scotland tomorrow for Xmas tour FESTIVE CHEER Scots Xmas market tops London's Winter Wonderland as 'most stunning' in UK 10 Dairylea Cheese Slices has several emulsifiers 10 This option from Sainsbury's is made purely from cow’s milk Advertisement SWAP THIS : Dairylea Cheese Slices (8 x 20.5g slices, £1.45, Sainsbury’s). Contains 15 ingredients, including several emulsifiers, despite the green and amber ratings for nutrition on the front of the pack. FOR THIS : Sainsbury’s Mild Cheddar Cheese Slices (10 slices, 240g, £2.70). Made purely from cow’s milk.

Smelly and saturated with seawater, the marsh muck sucks at the waders of UC Santa Cruz graduate student Aliya Khan as she walks along a channel in Elkhorn Slough. She places a tube into the water, which will collect samples that will help uncover the salt marsh’s ability to serve as a carbon dioxide vacuum and vault. Khan’s research is taking place at an important time. “The year 2024 is on track to be the warmest year on record,” says the World Meteorological Organization in a press release published earlier this week. It will also be the first year with global temperatures more than 1.5 degrees Celsius above pre-industrial levels, a milestone that will intensify fires, floods, and other climate-fueled disasters. Salt marshes, which have historically been drained and turned into farms or land ripe for real estate development, are emerging as a powerful tool in the fight against global warming. “The vegetation that falls into standing water that has no oxygen never decomposes,” Khan says. “So that CO2 never goes back to the atmosphere.” They differ from land-based ecosystems like forests, which release most of their stored carbon dioxide when trees die and decompose. Scientists are measuring how much carbon dioxide Elkhorn Slough can suck from the atmosphere. Their research is funded by a $3.5 million grant awarded in 2022 by the University of California Office of the President. It is part of a broader effort to find ways to remove greenhouse gasses from the atmosphere. “Wetlands are one of the best natural systems to sequester CO2,” says Adina Paytan, a principal investigator at the UCSC Center for Coastal Climate Resilience. She is leading the study. A 2023 review estimates that restoring the world’s degraded salt marshes could sequester up to 0.5% of the carbon emitted by fossil fuels annually, a big number for an ecosystem that covers less than 1% of Earth’s surface. But the authors admit massive uncertainties. Alicia Karspeck, co-founder and chief technology officer of (C)Worthy, a nonprofit that studies ocean-based carbon dioxide removal, also emphasizes that there are many unknowns. A myriad of environmental variables can change how living systems behave. “We don’t know exactly what is the best design to maximize the benefits,” Paytan concurs. She and colleagues are studying carbon storage in the Sacramento River Delta, South San Francisco Bay and Elkhorn Slough to find the combination of conditions that maximizes wetlands’ climate-cooling effects. Their findings will have real-world applications. Paytan says they have a team that is studying governance to convert their findings into policy. One idea is to create a carbon market where polluters can fund the restoration of salt marshes to offset their emissions. There is also an environmental justice arm that is looking into who might benefit and who might be harmed by restoration projects. Methane emissions could also limit their climate-cooling effects. Bacteria that live in marsh muck produce methane, a greenhouse gas that is 80 times more potent than carbon dioxide. One study found that a freshwater swamp in the Sacramento River Delta produces enough of it to offset the cooling effects of sequestering CO2. Those bacteria, however, do not like salt, so salt marshes produce less methane. Quantifying Elkhorn Slough’s carbon storage is a complicated process. J.J. Jabuka, a graduate student in Paytan’s lab, studies one part of the equation. She uses large towers full of sensors to measure the amount of carbon dioxide and methane that study sites in Elkhorn Slough exchange with the atmosphere. She uploads her data to Ameriflux, a database that contains similar data from over 500 ecosystems across the Americas. Her early findings suggest that a healthy, established section of Elkhorn Slough is absorbing lots of carbon, while Hester Marsh, a site that was restored in 2018, sequesters a smaller amount. “That information is going to be really helpful for us to understand the rate at which our restoration projects become more functional,” says Monique Fountain, director of the Tidal Wetlands Program at Elkhorn Slough. Khan’s research focuses on the fate of the carbon that Elkhorn Slough absorbs. While some is stored in the soil, much of it is swept out to sea by tides. She analyzes what types of carbon molecules the water at the slough contains. Some forms of carbon quickly turn into CO2 and re-enter the atmosphere, while others will remain buried underwater for millennia. Her research is ongoing. In the meantime, Khan thinks we should prioritize protecting existing salt marshes over building new ones. Restored marshes “don’t necessarily have the same ecosystem benefits as a longstanding, healthy one,” she says. “Protection over restoration, when that’s an option, 100% of the time.”Australian PM ready to 'engage' with Musk on social media teen ban

SEATTLE (AP) — The Seattle Seahawks took a bumpy path to sole possession of first place in the NFC West. Sunday's 26-21 win over the Jets featured several special teams miscues, including a 99-yard kickoff return for a touchdown by New York. On the flip side, the Seahawks got their second pick-6 in as many weeks and just enough production by Geno Smith and the offense. The Seahawks' uneven performance was characteristic of a season in which they started 3-0, then lost five of six before winning another three in a row to take command of their underachieving division. Seattle (7-5) leads Arizona by one game, with a matchup against the Cardinals looming next weekend. Zach Charbonnet gave Seattle its first lead of the day on an 8-yard touchdown run with 5:37 to go, and the Seahawks' defense capped another strong outing with a game-sealing stop on fourth down. After a sack by Leonard Williams gave the Jets a fourth-and-15 at the 34-yard line, Aaron Rodgers threw a desperation pass to Garrett Wilson that fell incomplete, giving Seattle the ball with 33 seconds left. Williams is on a tear. After losing out on NFC defensive player of the week honors last week to teammate Coby Bryant despite 2 1/2 sacks and four quarterback hits, “Big Cat” had an even better game. Williams finished with two sacks, three tackles for loss, a 92-yard interception return for a touchdown that was the longest pick-6 in NFL history by a defensive lineman, and a blocked extra point. The touchdown was the first of Williams’ career. He became the first player since 1982 with multiple sacks, an interception return for a touchdown and a blocked kick in a game. Maybe this week the league will agree he was the NFC's best defender. The special teams could not have been much worse in the first half. The Seahawks fumbled three kickoffs, losing two, and allowed Kene Nwangwu's 99-yard kickoff return for a TD. Dee Williams fumbled on a kickoff in the first quarter to give New York the ball at the 27-yard line, and four plays later, Rodgers hit Isaiah Davis for a touchdown to give the Jets a 14-0 lead. Laviska Shenault Jr. muffed two kicks and fumbled at the Seattle 38-yard line in the second quarter. Seattle also had an extra point blocked. Smith led his third game-winning drive of the season and his 11th since he became Seattle’s starting quarterback in 2022. Facing the team that drafted him in 2013, Smith went 20 of 31 for 206 yards and a touchdown. For the first time in five weeks, he was not intercepted. The Seahawks trailed by 14 points on two occasions, but Smith brought Seattle back while avoiding the untimely picks that dogged him recently. He threw a 12-yard touchdown pass to A.J. Barner in the second quarter, and led the Seahawks on a go-ahead nine-play, 71-yard touchdown drive late in the fourth quarter. Coach Mike Macdonald and his staff have to address the problem with their kick returners, Shenault and Dee Williams. Two lost fumbles and several muffs could have easily cost Seattle the game. WR DK Metcalf left the game briefly with a knee issue but returned. ... P Michael Dickson was unavailable in the fourth quarter because of back spasms. 38 — The Seahawks decided to go for it on fourth-and-6 at their own 33-yard line with 9:34 left in the game. A primary reason was that Dickson was unavailable to punt because of back spasms. The Jets were flagged for having 12 men on the field after sending a punt returner out, which gave Seattle fourth-and-1 at the 38. The Seahawks got a first down after Jets cornerback Quantez Stiggers was flagged for pass interference on Metcalf, and eight players later, Charbonnet scored to put Seattle ahead. Without going for it on fourth down from their own 38, the Seahawks likely would’ve lost. The Seahawks will seek a season sweep of the Cardinals. AP NFL: https://apnews.com/hub/nfl

Iceland votes for a new parliament amid disagreements on immigration, energy policy and the economy REYKJAVIK, Iceland (AP) — Icelanders will elect a new parliament Saturday after disagreements over immigration, energy policy and the economy forced Prime Minister Bjarni Benediktsson to pull the plug on his coalition government and call early electi Marco Di Marco And Danica Kirka, The Associated Press Nov 30, 2024 1:03 AM Nov 30, 2024 1:05 AM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message A Bilboard of the Democratic Party (Lýðræðisflokkurinn) reading "Let's limit the interest rate by law to a maximum of 4%" is backdropped by Mt. Esja covered with fresh snow, in Reykjavik, Iceland, Friday, Nov. 29, 2024. (AP Photo Marco Di Marco) REYKJAVIK, Iceland (AP) — Icelanders will elect a new parliament Saturday after disagreements over immigration, energy policy and the economy forced Prime Minister Bjarni Benediktsson to pull the plug on his coalition government and call early elections. This is Iceland’s sixth general election since the 2008 financial crisis devastated the economy of the North Atlantic island nation and ushered in a new era of political instability. Opinion polls suggest the country may be in for another upheaval, with support for the three governing parties plunging. Benediktsson, who was named prime minister in April following the resignation of his predecessor, struggled to hold together the unlikely coalition of his conservative Independence Party with the centrist Progressive Party and the Left-Green Movement. Iceland, a nation of about 400,000 people, is proud of its democratic traditions, describing itself as arguably the world’s oldest parliamentary democracy. The island’s parliament, the Althingi, was founded in 930 by the Norsemen who settled the country. Here’s what to look for in the contest. How does the election work? Voters will choose 63 members of the Althingi in an election that will allocate seats both by regional constituencies and proportional representation. Parties need at least 5% of the vote to win seats in parliament. Eight parties were represented in the outgoing parliament, and 10 parties are contesting this election. Turnout is traditionally high by international standards, with 80% of registered voters casting ballots in the 2021 parliamentary election. Why now? A windswept island near the Arctic Circle, Iceland normally holds elections during the warmer months of the year. But on Oct. 13 Benediktsson decided his coalition couldn’t last any longer, and he asked President Halla Tómasdóttir to dissolve the Althingi. “The weakness of this society is that we have no very strong party and we have no very strong leader of any party,’’ said Vilhjálmur Bjarnson, a former member of parliament. “We have no charming person with a vision ... That is very difficult for us.” Why is Iceland's politics so fractured? The splintering of Iceland's political landscape came after the 2008 financial crisis, which prompted years of economic upheaval after its debt-swollen banks collapsed. The crisis led to anger and distrust of the parties that had traditionally traded power back and forth, and prompted the creation of new parties ranging from the environment focused Left-Green Alliance to the Pirate Party, which advocates direct democracy and individual freedoms. “This is one of the consequences of the economic crash,’’ said Eva H. Önnudóttir, a professor of political science at the University of Iceland. “It’s just the changed landscape. Parties, especially the old parties, have maybe kind of been hoping that we would go back to how things were before, but that’s not going to happen.” What are the issues? Like many Western countries, Iceland has been buffeted by the rising cost of living and immigration pressures. Inflation peaked at an annual rate of 10.2% in February 2023, fueled by the fallout from the COVID-19 pandemic and Russia’s invasion of Ukraine. While inflation slowed to 5.1% in October, that is still high compared with neighboring countries. The U.S. inflation rate stood at 2.6% last month, while the European Union’s rate was 2.3%. Iceland is also struggling to accommodate a rising number of asylum-seekers, creating tensions within the small, traditionally homogenous country. The number of immigrants seeking protection in Iceland jumped to more than 4,000 in each of the past three years, compared with a previous average of less than 1,000. What about the volcano? Repeated eruptions of a volcano in the southwestern part of the country have displaced thousands of people and strained public finances. One year after the first eruption forced the evacuation of the town of Grindavik, many residents still don’t have secure housing, leading to complaints that the government has been slow to respond. But it also added to a shortage of affordable housing exacerbated by Iceland’s tourism boom. Young people are struggling to get a foot on the housing ladder at a time when short-term vacation rentals have reduced the housing stock available for locals, Önnudóttir said. “The housing issue is becoming a big issue in Iceland,'' she said. —— Kirka reported from London. Marco Di Marco And Danica Kirka, The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More World News Ireland headed for coalition government following parliamentary election, exit poll suggests Nov 29, 2024 2:54 PM In a shock offensive, insurgents breach Syria's largest city for the first time since 2016 Nov 29, 2024 1:04 PM Nigeria confirms that at least 27 people died and more than 100 are missing after boat capsized Nov 29, 2024 10:49 AM Featured FlyerRomanian leftist PM and hard-right candidate in a tie

The children's hospital said it was working with the National Crime Agency after the data was stolen and posted on the dark web Alder Hey Children's Hospital is working with the National Crime Agency after data was stolen and illegally posted online. Alder Hey confirmed on Thursday, November 28 that it was aware data from systems shared by the children's hospital and Liverpool Heart and Chest Hospital NHS Foundation Trust had been hacked and shared online. Technology trade magazines have reported that a cyber criminal operation called the INC Ransom group claims to have stolen the data. It's been reported that the group have published screenshots of data on the dark web that contains the personal information of patients, donations from benefactors and procurement information. The children's hospital said: "We are aware that data has been published online and shared via social media that purports to have been obtained illegally from systems shared by Alder Hey and Liverpool Heart and Chest Hospital NHS Foundation Trust . We are working with partners to verify the data that has been published and to understand the potential impact. "We are taking this issue very seriously and are working with the National Crime Agency as well as partner organisations to secure our systems and to take further steps in line with law enforcement advice as well as our statutory duties relating to patient data." Alder Hey said the incident was not linked to issues seen at Wirral University Teaching Hospitals NHS Foundation Trust earlier this week. The Wirral trust - responsible for Arrowe Park Hospital, Clatterbridge Hospital and Wirral Women and Children's Hospital - was the victim of a cyber attack on Monday, November 25. Hundreds of appointments were cancelled and staff were forced to manually record notes as the systems holding records were down. In an update yesterday the hospital trust said it expected the issues to continue over the weekend with some procedures postponed. However, the Wirral trust said people were advised to continue to attend scheduled appointments unless told otherwise. Despite the data breach, Alder Hey - which treats more than 450,000 patients a year making it one of Europe's busiest children's hospitals - said its services continue to operate as normal and "patients should attend appointments as usual". Infosecurity Magazine reported INC Ransom had posted on its data leak site that it had obtained large-scale data patient records, donor reports and procurement data for 2018-2024 from the children's hospital. ComputerWeekly added the cyber group claimed in March this year to have stolen data concerning over 140,000 clinical and back-office staff across the NHS in Scotland.Rivian Automotive, Inc. ( NASDAQ:RIVN – Get Free Report )’s stock price shot up 5.8% during trading on Thursday . The company traded as high as $12.45 and last traded at $12.22. 48,609,797 shares were traded during mid-day trading, an increase of 21% from the average session volume of 40,022,539 shares. The stock had previously closed at $11.55. Wall Street Analysts Forecast Growth A number of equities research analysts have recently weighed in on RIVN shares. Wells Fargo & Company lowered their target price on Rivian Automotive from $15.00 to $11.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 15th. Stifel Nicolaus decreased their target price on shares of Rivian Automotive from $18.00 to $16.00 and set a “buy” rating on the stock in a research note on Monday, November 11th. Guggenheim lowered their price target on shares of Rivian Automotive from $21.00 to $18.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. Needham & Company LLC decreased their price objective on shares of Rivian Automotive from $18.00 to $14.00 and set a “buy” rating on the stock in a research report on Friday, November 8th. Finally, Robert W. Baird dropped their target price on shares of Rivian Automotive from $20.00 to $18.00 and set an “outperform” rating for the company in a report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $15.73. View Our Latest Stock Report on RIVN Rivian Automotive Price Performance Insider Transactions at Rivian Automotive In related news, CEO Robert J. Scaringe sold 83,334 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $11.25, for a total transaction of $937,507.50. Following the completion of the sale, the chief executive officer now owns 863,361 shares in the company, valued at approximately $9,712,811.25. This represents a 8.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, CFO Claire Mcdonough sold 3,210 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $10.03, for a total value of $32,196.30. Following the completion of the transaction, the chief financial officer now directly owns 378,498 shares in the company, valued at $3,796,334.94. The trade was a 0.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold 261,307 shares of company stock worth $3,178,479 over the last three months. 2.51% of the stock is currently owned by company insiders. Hedge Funds Weigh In On Rivian Automotive A number of institutional investors and hedge funds have recently made changes to their positions in RIVN. Assenagon Asset Management S.A. increased its stake in shares of Rivian Automotive by 1.7% in the 2nd quarter. Assenagon Asset Management S.A. now owns 36,684 shares of the electric vehicle automaker’s stock worth $492,000 after purchasing an additional 604 shares in the last quarter. First Horizon Advisors Inc. increased its holdings in Rivian Automotive by 30.7% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,852 shares of the electric vehicle automaker’s stock valued at $38,000 after acquiring an additional 670 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Rivian Automotive by 28.0% during the 2nd quarter. GAMMA Investing LLC now owns 3,470 shares of the electric vehicle automaker’s stock worth $47,000 after acquiring an additional 760 shares in the last quarter. Certuity LLC raised its position in shares of Rivian Automotive by 8.1% during the 2nd quarter. Certuity LLC now owns 10,831 shares of the electric vehicle automaker’s stock valued at $145,000 after buying an additional 815 shares in the last quarter. Finally, Sanders Morris Harris LLC raised its holdings in Rivian Automotive by 8.9% during the 2nd quarter. Sanders Morris Harris LLC now owns 10,105 shares of the electric vehicle automaker’s stock valued at $136,000 after buying an additional 823 shares during the period. Hedge funds and other institutional investors own 66.25% of the company’s stock. About Rivian Automotive ( Get Free Report ) Rivian Automotive, Inc, together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name. Featured Articles Receive News & Ratings for Rivian Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rivian Automotive and related companies with MarketBeat.com's FREE daily email newsletter .