Ormat and Google strike geothermal power deal, Rivian downgraded

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It’s time for Yahoo Finance’s market minute. US stocks start the week with a volatile trading session. Wall Street continuing to assess AI jitters that have hammered markets in recent weeks, the Dow and the S&P 500 have fallen now four of the past five weeks amid that pressure.

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Renewable power provider Ormat Technologies seeing shares pop after a new deal the company will provide geothermal energy for Google data center projects, projects expected to provide Google with around 150 megawatts of power.

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And lastly Rivian gets hit with a downgrade over DA Davidson. That firm slashing its rating from neutral to underperform, noting that the R1 outlook was below its expectations.

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DA Davidson also pointing out the risks with the R2 launch, adding that a lot has to go right for Rivian to make its numbers this year.

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And that’s for Yahoo Finance market minute. Scan the QR code below to track the best and worst performing stocks in the trading session.