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Lucid stock tumbles following public offering of nearly 262.5 million shares
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Business - MarketWatch
Biotech stock tumbles after unexplained 1,446% gain
Bright Minds Biosciences, which until this week had a lightly traded stock that traded at just over $1, tumbled in premarket trade on Wednesday following a meteoric rise.Yesterday -
Business - MarketWatch
Lucid sees bigger losses ahead, and its stock drops 12%
Shares of Lucid Group Inc. fall 12% in the extended session Wednesday after the EV maker called for larger-than-expected operational losses and quarterly revenue that would be slightly ahead of ...13 hours ago -
Business - MarketWatch
ASML’s stock tumbles after microchip equipment maker warns of slower recovery
ASML Holding, the Dutch microchip-equipment maker, saw its stock slide after saying the market recovery for semiconductors will take longer than expected.Yesterday -
Business - MarketWatch
Elevance Health’s stock tumbles as profit dented by ‘unprecedented’ Medicaid challenges
“We remain confident in the long-term earnings potential of our diverse businesses as we navigate a dynamic operating environment and unprecedented challenges in the Medicaid business,” Chief ...1 hour ago -
Business - Financial Times
Has America lost its shame?
The brazenness of US politicians in the face of scandals is a defining feature of the eraYesterday -
Business - Financial Times
Musk gives $75mn boost to Trump’s presidential run
World’s richest man aims to sway outcome of November election with donationYesterday - Elon Musk -
Business - Financial Times
Pound falls as UK inflation declines more than expected to 1.7%
First reading below Bank of England’s target in 3 years opens door to more rate cuts this yearYesterday - United Kingdom
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Business - CNBC
Retail sales rose 0.4% in September, better than expected; jobless claims dip
Consumer spending held up in September, underscoring a resilient economy.14 minutes ago -
Business - CNBC
U.S.-listed shares of TSMC rise 9% in premarket after quarterly profit soars on AI demand
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.7 minutes ago -
Business - CNBC
Biden administration forgives $4.5 billion in student debt for over 60,000 public service workers
The Biden administration announced on Thursday that it was forgiving another $4.5 billion in student debt for over 60,000 borrowers.1 hour ago - Joe Biden -
Business - CNBC
Robinhood launches platform to go after bigger, more active traders
Robinhood unveiled a new desktop-based platform called Legend on Thursday, aimed at active traders who want more detailed analysis of stocks.21 minutes ago -
Business - CNBC
Harris distances herself from Biden, bashes Trump in tense Fox News interview
Democratic presidential nominee Kamala Harris bashed Donald Trump in a tense interview with Fox News anchor Bret Baier while distancing herself from Joe Biden.58 minutes ago - Donald Trump