Rivian braves the Evie Winter or tries to.

From American public media, this is Marketplace Tech.

I'm Lily Dramale. It was not all that long ago that electric vehicle maker Rivian was drawing comparisons to Tesla. But flagging

demand for EVs has not served the company well. Its earnings released this week, made that

much clear. We'll have more on that on today's

marketplace TechBites week in review as well as a look at why American venture

capital firms appear to be pulling back from funding startups in China.

But first, Amazon has come a long way since it was founded 30 years ago.

Its next stop, the Dow Jones Industrial Average.

It's poised to be added to the Dow Jones Industrial Average.

It's poised to be added to the Dow on Monday.

Jewelberg Solomon, managing partner at Collab Capital

explained why there's a bit of irony

to Amazon displacing Walgreens Boots Alliance on the storied index.

The only stock that was previously long lasting in the Dow Jones Industrial Average was

GE, which was in the average for 111 years and was booted

by Walgreens in 2018.

And so it's interesting that now Walgreens is getting the boot after just five years, five or six years, by Amazon, which is also interesting because Amazon is coming in at a time when Walgreens performance has not been sort of up to par,

not been what the market would like to see.

And so now Amazon's coming in at a time when they are expanding into health care.

Of course, a stronghold in cloud computing.

So it's really kind of a lot of things happening at once.

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