Tag: Lucid Group Inc

  • Wall Street stocks bribe for the rise of electric vehicles

    The global automotive industry is in transition as consumers increasingly eschew combustion engine vehicles for electric vehicles. It means EVs are capturing a larger share of the global car market, according to French investment bank Societe Generale, with a third of cars sold in China now being electric. The “sharp acceleration” of electric vehicle adoption […]

  • Luxury EV maker Lucid appears to have a demand problem

    People test drive the Dream Edition P and Dream Edition R electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitlin O’Hara | Reuters Luxury electric vehicle manufacturer Lucid appears to have a demand problem. The company said on Wednesday during its fourth-quarter earnings report that it had “more than […]

  • Domino’s Pizza, Lucid, Nvidia, Nikola and more

    Check out the companies making headlines during midday trading. Nvidia — Chip inventory rose 12% after Nvidia beat expectations on top and bottom line in its most recent quarter. Wall Street analysts approved the results, saying AI opportunities will drive the chipmaker’s growth. Lucid Group – The electric vehicle maker plunged more than 18% after […]

  • Lucid, Nvidia, Dollar General, Sunrun and more

    On May 25, 2022 in Santa Clara, California, a sign will be posted at Nvidia’s headquarters. Justin Sullivan | Getty Images Check out the companies making headlines in early morning trading. Lucid Motors – The electric vehicle maker saw shares fall 14% ahead of the market after reporting fourth-quarter sales fell short of expectations. Lucid […]

  • 5 things you need to know before the stock market opens on Tuesday, February 21

    Walmart announces profit. Home Depot raises the wages of hourly workers. President Biden visits Ukraine. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, Feb. 17, 2023. Brendan McDermid | Reuters Here are the most important news items investors need to start their trading day: Stocks are coming […]