Lucid Hammered by Results
Electric vehicle (EV) maker Lucid Group Inc. (NASDAQ: LCID) disappointed its shareholders again. Poor earnings pushed the stock down. Shares were also hurt because of new financing to raise desperately […]
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Electric vehicle (EV) maker Lucid Group Inc. (NASDAQ: LCID) disappointed its shareholders again. Poor earnings pushed the stock down. Shares were also hurt because of new financing to raise desperately […]
» Read moreGerman sports sneaker and apparel maker Adidas AG on Wednesday reported sharply lower profit in its third quarter, despite higher net sales. The company also trimmed its fiscal 2022 forecast, […]
» Read moreChina’s manufacturing activity continued to shrink in October, albeit at a slower pace, as Covid-19 outbreaks and consequent tightening of prevention measures dampened production and demand. The Caixin manufacturing Purchasing […]
» Read moreThe U.S. military is not only considered the most effective fighting force in the world, but also among the largest. While there are nearly 160,000 active duty U.S. military personnel […]
» Read moreUTA has announced a sizable class of promotions, with 67 employees of the agency being elevated across 27 divisions. The move speaks to the company’s momentum and growth across numerous […]
» Read moreBased on its most recent quarterly numbers, Apple Inc. (NASDAQ: AAPL) is in extremely good shape. Revenue was up 8% to $90.1 billion. Earnings rose 4% to $1.29 per share. […]
» Read moreU.S. stocks are broadly lower a little past noon on Monday in cautious trade as investors continue to react to the recently released earnings updates and await the Federal Reserve’s […]
» Read moreAfter job cuts at Twitter, Facebook’s parent company Meta is planning to begin ”large-scale layoffs” this week in what could be the largest reduction to date at a “major technology […]
» Read moreAmericans became unusually mobile early in the COVID-19 pandemic. Part of the reason was the mortgage rates were at 3% for months, which made homes historically affordable. The other was […]
» Read moreOne of Harvey Weinstein’s former personal assistants, who was mentioned prominently in accuser Ashley M.’s testimony, took the witness stand today in the disgraced former mogul’s sexual assault trial in […]
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