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2023-10-05 17:01:08 ET Summary Rivian's shares slumped by around 20% due to investor concerns about a convertible debt offering. The company plans to raise at least $1.5 billion through green convertible bonds, potentially raising a total of $1.725 billion. Rivian's need to ra...
2023-10-05 16:46:18 ET Bad news from luxury electric truckmaker Rivian Automotive (NASDAQ: RIVN) hurt shares of its electric vehicle (EV) peers on the stock market Thursday morning, sending Lucid (NASDAQ: LCID) stock down by as much as 9.5%, subtracting 7.4% from Fiske...
2023-10-05 11:22:48 ET More on Consumer Discretionary Select Sector SPDR ETF Macro Headwinds Ahead, Expect Volatility In Consumer Discretionary Select Sector SPDR ETF XLY: Consumer Discretionary Dashboard For August Intel, Elliott Wave, Fibonacci And Wyckoff; How To ...
Lucid Introduces the New $77,400 Air Pure RWD, a Sporty and Stylish EV Offering an Unsurpassed Combination of Range, Driver-Oriented Performance, and Design PR Newswire The new Lucid Air Pure Rear-Wheel Drive (RWD) is available immediately at a starting price of $77,400* ....
2023-10-04 15:15:20 ET Summary Lucid Motors is facing challenges with production ramp and slower-than-expected growth in deliveries, leading to sales estimate resets. The company's disappointing delivery numbers and increased losses have raised concerns about its profitability. ...
Just one day after launching a subsidy program for EV solar charging, Germany was forced to stop the subsidy scheme amid booming demand from EV drivers. The plan aimed to subsidize payments for the installation of rooftop solar panels for charging electric vehicles as well as charging and stora...
2023-10-03 08:38:17 ET Summary Lucid Group shares have lost 60% of their value over the past year, but I remain bullish on the stock due to the setup of a huge short squeeze. Lucid's Q2 2023 results showed increased revenue and EV deliveries, but higher net losses and cash burn th...
2023-09-29 15:00:29 ET More on the markets Historical Evidence Between Real Yields Suggests Further Slump For SPY Interest Rates Won't Be Higher For Longer: SPY Implications Rate environment today 'rhymes with 2008' - J.P. Morgan's Kolanovic Stocks in midst o...
2023-09-29 07:03:00 ET Rivian Automotive (NASDAQ: RIVN) and Lucid Group (NASDAQ: LCID) were two of the most hyped stocks to debut in the U.S. stock markets in 2021. While Lucid created quite a buzz with its luxury electric cars that were touted to give Tesla a run for it...
2023-09-28 03:05:00 ET Summary Domestic equities remained stable, but rising bond yields and inflation impacted sentiment, with evolving investor expectations about the Fed's interest rate policy for March 2024. The BUZZ NextGen AI US Sentiment Leaders Index (the “BUZZ Inde...
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Lucid Group (NASDAQ: LCID) , maker of the world's most-advanced electric vehicles, has entered into a nonbinding supply agreement with Graphite One Inc.(TSX.V: GPH) (OTCQX: GPHOF) . The agreement is for anode active materials (“AAM”). According to the announcement, the agreement, w...
Graphite One and Lucid Enter into Non-Binding Supply Agreement PR Newswire Graphite One-Lucid agreement involves Synthetic Anode Active Materials Graphite One CEO Anthony Huston : This is " a historic moment…: The first synthetic graphite agree...
2024-07-25 06:53:00 ET Lucid Group (NASDAQ: LCID) has taken its investors on a wild ride since its public debut three years ago. The luxury electric vehicle maker's stock opened at $25.24 after it went public by merging with a special purpose acquisition company (SPAC), and its stoc...