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Latest in Lucid slightly tops Wall Street's third quarter expectations amid widening losses

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  • Lucid slightly tops Wall Street's third-quarter expectations amid widening losses

    The company's net loss for the third quarter widened to $992.5 million compared to a loss of $630.9 million a year earlier.
    Business - CNBC - 5 hours ago

  • Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street's third-quarter expectations

    Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street's Q3 expectations
    Business - CNBC - October 29

  • GM stock has best day since 2020 after automaker tops Wall Street's third-quarter expectations, raises guidance

    GM's quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.
    Business - CNBC - October 22

  • Uber reports third-quarter results that beat Wall Street's revenue expectations

    Uber reported third-quarter results Thursday that beat analysts' expectations for revenue.
    Business - CNBC - October 31

  • Rivian lowers earnings guidance after missing Wall Street's third-quarter expectations

    Rivian Automotive missed Wall Street's third-quarter expectations, including a massive difference in revenue of $116 million.
    Business - CNBC - 5 hours ago

  • China reports third-quarter GDP growth of 4.6%, slightly beating expectations

    Beijing has faced public scrutiny over its ability to meet its own annual growth target of "around 5%."
    Business - CNBC - October 18

  • Tesla Surprises Wall Street With Strong Third-Quarter Results

    The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.
    Business - The Wall Street Journal - October 24
  • Tesla shares leap 22% after Musk predicts sales rebound

    Tesla shares leap 22% after Musk predicts sales rebound

    EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next year
    Business - Financial Times - October 24

  • Phunware narrows quarterly loss amid revenue decline, and stock sinks further

    Phunware Inc. reported a narrowed loss in the mobile-advertising company’s third-quarter results after market close Thursday, although net revenue declined sharply from the same period last year.
    Business - MarketWatch - 2 hours ago

  • Lucid CEO defends $1.75 billion capital raise following stock drop

    Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.
    Business - CNBC - October 22
  • Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise

    Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise

    DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter ...
    Top stories - NBC News - October 21

  • Carvana raises 2024 earnings guidance after topping Wall Street's Q3 expectations

    Carvana said its adjusted EBITDA would be "significantly above the high end" of its previous target of $1 billion to $1.2 billion.
    Business - CNBC - October 30

  • Bank of America tops estimates on better-than-expected trading revenue

    Bank of America benefited from its Wall Street trading and banking divisions in the third quarter, just as rival JPMorgan Chase did.
    Business - CNBC - October 15

  • AMC reports better-than-expected Q3 results amid improving box office

    AMC Entertainment Holdings reported better-than-expected third-quarter revenue and a narrower loss after market close Wednesday, with the movie-theater chain and original meme stock pointing toward ...
    Business - MarketWatch - Yesterday

  • Top Wall Street analysts are upbeat on these dividend stocks

    TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Cisco and Diamondback Energy
    Business - CNBC - October 27

  • Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves

    The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.
    Business - CNBC - October 15

  • Netflix adds 5 million subscribers and beats Wall Street's profit expectations

    Netflix reports strong third-quarter earnings, in a sign that its content mix, including "Emily in Paris," and its password-sharing crackdown are still paying off.
    Entertainment - Los Angeles Times - October 17
  • Amazon beats Wall Street expectations with strong cloud business growth

    Amazon beats Wall Street expectations with strong cloud business growth

    Shares rise as company reports quarterly revenue of $158.9bn – more than analysts had forecast. Amazon became the latest of the “magnificent seven” tech giants to report quarterly earnings on ...
    World - The Guardian - October 31
  • Apple cautious on holiday outlook as it starts AI rollout

    Apple cautious on holiday outlook as it starts AI rollout

    Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ features
    Business - Financial Times - 6 days ago

  • Wall Street expects Trump presidency will unlock deal-making

    Deal-making has slowed in recent years, largely due to high interest rates, soaring company valuations and a tight regulatory environment.
    Business - CNBC - 10 hours ago
  • Wall Street expects Trump presidency will unlock deal-making

    Wall Street expects Trump presidency will unlock deal-making

    Wall Street dealmakers and corporate leaders expect the flood gates to open on merger and acquisition activity after President-elect Donald Trump takes office in January.
    Top stories - NBC News - 6 hours ago

  • Clariant Third-Quarter Profits Miss Expectations

    The chemicals company reported weaker results for the three months through September and cautioned that it didn’t expect a significant economic recovery in 2024 due to persistent economic challenges.
    Business - The Wall Street Journal - October 29

  • Top Wall Street analysts like these stocks for their growth prospects

    TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Nvidia and Fortinet.
    Business - CNBC - October 20

  • Top Wall Street execs are getting skeptical on the Fed's easing path

    Speaking at the Saudi Arabia's showcase economic conference, the Future Investment Initiative, last week, they see more inflation on the horizon for the U.S.
    Business - CNBC - 3 days ago

  • Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans

    German automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.
    Business - CNBC - October 30

  • AMC’s third-quarter results on deck amid signs of a cinema-industry rebound

    AMC Entertainment Holdings Inc. will report third-quarter results after market close Wednesday amid signs that the cinema industry is bouncing back from the devastation wrought by the COVID-19 ...
    Business - MarketWatch - 2 days ago

  • Meta’s Reality Labs posts $4.4 billion loss in third quarter

    Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.
    Business - CNBC - October 30
  • Trump Media & Technology Posts Third-Quarter Loss Ahead of Election Outcome

    Trump Media & Technology Posts Third-Quarter Loss Ahead of Election Outcome

    Chief Executive Devin Nunes said the company continues to explore additional possibilities for growth such as potential mergers and acquisitions, including in the realm of fintech.
    Business - The Wall Street Journal - 2 days ago
  • Netflix’s third-quarter revenue and subscriber numbers beat expectations

    Netflix’s third-quarter revenue and subscriber numbers beat expectations

    US streaming service is investing heavily in live sporting events to differentiate from rivals
    Business - Financial Times - October 17

  • Chinese Growth Comes in Cooler as Investors Pin Hopes on Stimulus

    Wobbly data for the third quarter underscores challenges for Beijing policymakers seeking to boost economic activity.
    World - The Wall Street Journal - October 18

  • Deutsche Bank shares shed 3% as lender's swing back to profit fails to impress

    The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.
    Business - CNBC - October 23
  • Tesla shares jump in third-quarter earnings even as expected revenue is lower

    Tesla shares jump in third-quarter earnings even as expected revenue is lower

    After two slow quarters, Elon Musk’s electric-vehicle maker reports higher-than-expected earnings per share. Tesla shares saw a 12% jump after the company reported its third-quarter earnings on ...
    World - The Guardian - October 23
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