Kuka AG Reports a Stellar Full Year 2021 on the Wings of Skyrocketing Demand for Its Automated Systems

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Source: Dreamstime | Author: DeltaStock

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The global automation company, mostly known for making robots and automated guided vehicles, posted a record-setting fiscal year as the effects of the pandemic start to gradually recede and businesses across the world once more have sufficient budgets to either semi-automate or fully automate their line of work.

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With a Net Loss of 2.5 billion USD, Analysts Dubbed Rivian’s Q4 2021 as “Unimpressive”

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Source: Dreamstime | Author: DeltaStock

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Rivian Automotive – one of the latest EV makers to hit the market, has seen a rough fiscal 2021, marred by wider-than-expected losses, supply-chain issues and rising commodity costs. The disappointing news briefly sent its stock down 10% in after-hours trading last Thursday, with the price continuing to slump further at the time of writing this article.

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