Lucid intends to use the proceeds “for general corporate purposes, which may include, among other things, capital expenditures and working capital.”
Category: Top Stories
Key change coming for 401(k) ‘max savers’ in 2025, expert says — here’s what you need to know
There’s a key change coming to 401(k) catch-up contributions in 2025. Here’s who could be affected by the update, according to experts.
Stanley Druckenmiller says he’s ‘licking my wounds’ from selling Nvidia too soon
In an interview with Bloomberg on Wednesday, billionaire investor Stanley Druckenmiller said selling his Nvidia stock this year was a “big mistake.”
Retail spending report could show consumers still pouring money into the economy
Spending in September could throw another wrinkle into the Federal Reserve’s thought process.
Watch out. Analysts have been cutting earnings estimates on these stocks reporting next week
Several stocks, like Tesla and Centene, have seen their earnings estimates cut by at least 10% over the past three and six months.
Stifel’s Barry Bannister sticks to his bearish market stance
The stock market strategist isn’t bothered by the stock market’s run to record highs.
GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.
The deal is centered on the development, construction and operation of a lithium carbonite mining operation called Thacker Pass in Humboldt County, Nevada.
Amazon goes nuclear, to invest more than $500 million to develop small module reactors
Amazon is the latest large tech company to buy into nuclear power to fuel the growing demands from data centers.
ASML just gave us a first glimpse into how U.S. chip export curbs will dent its China sales
ASML on Tuesday offered the first glimpse into how U.S. restrictions on exports of its advanced chip manufacturing tools to China will impact its sales […]
Here are Wednesday’s biggest analyst calls: Nvidia, Apple, Tesla, Starbucks, Disney, Microsoft, Cisco, Coinbase & more
Here are Wednesday’s biggest calls on Wall Street.