Shares of Lucid Group Inc. LCID, +4.21% fell more than 10% in after-hours trading Wednesday after the electric-vehicle maker announced a reduction in its production forecast. Lucid said it now expects...
Category: Finance
Live Finance News Updates.
Charts suggest now is the perfect time to buy gold, Jim Cramer says
CNBC’s Jim Cramer on Wednesday told investors that gold is poised to rally, making now an optimal time for investors to pounce. “The charts, as interpreted by the legendary Larry Williams,...
Transforming Freight Benchmarking
The truck runs on the highway with speed. 3d rendering and illustration. getty Most supply chain suppliers have solutions that are very similar to each other. Occasionally, a cool vendor emerges ̵...
Stocks soar after back-to-back losing days
U.S. stocks rallied Wednesday, led by gains in the technology sector, as strong earnings and economic data lifted sentiment on Wall Street after two straight sessions of losses. The S&P 500 jumped...
Cardano price analysis: ADA resists downfall below $0.45
Cardano price analysis is still bearish in majority, although price fought back to rise up to $0.51 with a 3 percent increment on daily price action. Earlier in the day, ADA had fallen down to $0.48 w...
Jim Cramer says Congress’s spending bills could worsen inflation, but he’s remaining bullish
CNBC’s Jim Cramer on Wednesday said that Congress’s two behemoth spending bills have him worried about inflation’s trajectory. “I’m still a bull — I’ve felt bullish...
Moderna CEO: No ‘Crazy’ Deals. We’re Giving Cash to Shareholders.
Text size Moderna CEO Stephane Bancel says his company will keep returning cash to investors until it finds a better way of creating value. Jason Alden/Bloomberg Moderna ’s CEO is feeling no pressure ...
Scientists Partially Revived Pig Organs An Hour After Death In ‘Stunning’ New Research
Topline Scientists at the Yale School of Medicine restored circulation to pigs’ hearts and brains one hour after they died, according to new research published Wednesday in the journal Nature that rai...
Democrats at Odds Over EV Tax Credit in Manchin-Schumer Bill
(Bloomberg) — Michigan Democratic Senator Debbie Stabenow is pushing for last-minute changes to stringent new electric-vehicle tax-credit limits in her party’s tax and spending deal amid a press...
Mickelson, DeChambeau Sue PGA Tour Alleging Antitrust Violations
Topline A group of 11 LIV Golf players led by Americans Phil Mickelson and Bryson DeChambeau filed an antitrust lawsuit against the PGA Tour in federal court Wednesday, setting the stage for a content...
The Solana Wallet Hack Of Thousands Of Wallets –
A hack on the Solana ecosystem affects thousands of wallets and nearly 4.5 million to 8 million USD. A crypto tracking and compliance platform, MistTrack shares the amount of USD that is worth 580 mil...
buy this stock to play that rebound
Oil will climb back to $115 a barrel and a great way to play that rebound is Chevron Corporation (NYSE: CVX), says Rob Thummel. He’s a Managing Director at TortoiseEcofin. OPEC approves only a tiny in...
Why an Arkansas town could provide a grim road map for America if car repos blow up
As recession worries loom over America, a debt crisis already bearing down on wage workers in northwest Arkansas could foreshadow bigger problem for a nation on high alert for a flood of car repossess...
ECB Belief In CBDC For the Best X-Border Payment Solution
A recent European Central Bank (ECB) study shows the best X-border payment solution. The winner of the recent study is Central Bank Digital Currency (CBDC), which marks its winning against banking, BT...
The US is the world’s biggest oil producer — so why do we still need to import crude and ask countries like Saudi Arabia for help?
The US is the world’s biggest oil producer — so why do we still need to import crude and ask countries like Saudi Arabia for help? Oil prices are high, energy worries are roiling the global economy, a...
TRM Labs Company Intelligence
August 2, 2022, 1:41PM EDT • 23 min read Quick Take Founded in 2018, TRM Labs is a blockchain intelligence company that provides various compliance and forensics services for public and private sector...
EMAX Price Predictions 2022-2031: Is EthereumMax a Good Investment?
EMAX developers built the Ethereummax ecosystem with a vision of robustness and scalability that fully utilizes the power of decentralized finance (Defi ). The ecosystem creates utility in Non Fungibl...
Fisker (FSR) Q2 2022 earnings
Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Be...
Tesla stock is far overvalued and could plunge more than 50%
Tesla stock is inflated and could lose more than half of its value, according to Citi analyst Itay Michaeli. In a note to clients, Michaeli reiterated a sell rating on Tesla’s stock on with a $4...
Gucci will now accept ApeCoin payments –
Gucci has announced to accept payment in ApeCoin The payment will be supported by BitPay Gucci, an Italian fashion brand, is now the first brand that is going to accept payments in ApeCoin, the Bored ...
Lucid, Booking Holdings, MGM, eBay and more
A worker assembles the Lucid Air prototype electric vehicle, manufactured by Lucid Motors Inc., at the company’s headquarters in Newark, California, on Monday, Aug. 3, 2020. David Paul Morris | ...
AMD Stock Is Dipping. Why Analysts Say to Buy.
Text size An AMD central processing unit for a desktop PC. Alamy Wall Street is telling investors to buy Advanced Micro Devices shares any time they fall. Analysts believe the chip maker’s second-quar...
Robinhood’s CEO to eliminate 23% of staff, says, “This is on me.” –
Robinhood, an online brokerage company, will eliminate approximately one-fourth of its working staff The reason for this step mentioned a huge crypto market collapse. On Tuesday, the chief executive ...
Lucid (LCID) Q2 2022 earnings and production forecast
Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capi...