Luxury EV maker Lucid appears to have a demand problem
People test drive Dream Edition P and Dream Edition R electric vehicles at the Lucid Motors plant in Casa Grande, ...
Tag: business news
Stocks making the biggest moves midday: Beyond Meat, Live Nation, Yeti, Boeing and more
Beyond meat rallied on a smaller-than-expected loss for the previous quarter. Yeti fell on a Goldman Sachs downgrade.
Block misses on earnings but beats on revenue, gross profit
Block stock rose nearly 8% in extended trading after the payments company reported fourth-quarter earnings that missed Wall Street expectations ...
‘There is a slowdown happening’ – Wells Fargo, BofA CEOs point to cooling consumer amid Fed hikes
Shoppers walk the aisles of Wal-Mart for Black Friday deals on November 25, 2022 in Dunwoody, Georgia. Walmart opened at ...
Stocks making the biggest moves midday: Carvana, MongoDB, TripAdvisor, Toll Brothers and more
A mascot of TripAdvisor is seen at its display at a trade fair.Axel Schmidt | ReutersCheck out the companies making ...
Former Theranos COO Sunny Balwani sentenced to nearly 13 years in prison
Former Theranos chief operating officer and president Ramesh "Sunny" Balwani was sentenced to nearly 13 years in prison Wednesday for ...
Activist investor calls for BlackRock CEO Fink to step down over ESG ‘hypocrisy’
LONDON — BlackRock CEO Larry Fink is facing calls to step down from activist investor Bluebell Capital over the company's ...
Oil plunge, tech collapse and Fed cuts? Strategist shares possible 2023 market ‘surprises’
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2022.Brendan ...
Apple announces plans to encrypt iCloud backups
CUPERTINO, CALIFORNIA - JUNE 06: Apple CEO Tim Cook looks at a display of brand new redesigned MacBook Air laptop ...
Google, Oracle, Amazon and Microsoft awarded Pentagon cloud deal of up to $9 billion combined
The Pentagon building in Washington, D.C.Staff | AFP | Getty ImagesThe Pentagon said Wednesday that Amazon, Google, Microsoft and Oracle ...
