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Lucid stock fell sharply in midday trading on Tuesday after an electric-vehicle newsletter suggested the company was considering filing for bankruptcy. Lucid didn’t immediately respond to a request for comment about the report.
(Bloomberg) -- Lucid Group Inc. shares sank Tuesday after a news report said the electric vehicle maker is working with a restructuring advisor and weighing options that include filing for bankruptcy protection or going private.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeUS CPI Falls for the First Time Since 2020, Core Gauge FlatA Cocaine Bust in Spain Leads All the Way to Wall Street‘We Faltered’: IBM Plunges Most Since 1968 on Sales MissTrump Shelves
(Updates prices in the second and final paragraphs.) Gold rose off an eight-month low on Tuesday
The mid-stage study missed its primary goal, and the drug's lowest dose outperformed higher doses in ways the company cannot yet explain
Wireless carrier Verizon will announce the reorganization plan Thursday morning. The company has been seeking to reduce costs under its new CEO.
LNVGY faces weaker PC demand and rising component costs, but gains support from market-share growth and expansion into AI, cloud and services.
Regulators are reviewing whether Android users were unfairly steered toward Google Search.
SOUN's steep YTD drop reflects concerns over losses and cash burn, even as revenue grows and OASYS, LivePerson expand its AI platform.
Plaintiffs allege Meta's AI-assisted evaluation process was discriminatory.
IBM (IBM) shares plummeted Tuesday after the company's preliminary second-quarter results fell short
Broadcom dominated every AI headline in 2026 while retail investors kicked themselves for missing it. But the actual dollar returns tell a story that should make those investors feel a lot better about what they already owned.
Calls collapse as traders rush toward downside protection
(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit
Citigroup reported a robust second quarter, with its profits up double-digits. But its stock fell after executives indicated the bank would use the good times to invest in itself. “A stronger environment isn't just upside to report,” Citi CEO Jane Fraser said on a call with Wall Street analysts.
Destinus, MBDA, Safran, Airbus and Thales said they had signed a letter of intent to establish a consortium for the development of the Bliksem EXO system to strike down ballistic missiles, which can travel at hypersonic speeds above the atmosphere.
Investing.com -- Biogen Inc. (NASDAQ:BIIB) shares fell nearly 9% following the Phase 2 CELIA readout of its highly anticipated Alzheimer’s therapy, diranersen. While the drug achieved a major scientific milestone by robustly clearing tau pathology, an unexpected inverse dose response—where the lowest dose performed the best—left Wall Street analysts confused and triggered a sell-off. Diranersen missed its primary endpoint: proving a dose-dependent response on the CDR-SB, a key measure of cogniti
Bitcoin is down 50% from its October 2025 peak. Here's what previous cycles say about the road ahead.
SHOP's 22.5% YTD slide reflects slowing growth and AI costs, but rising payments, AI commerce and global expansion may support a rebound.
Kanovich liquidated his entire direct Class A position under a pre-arranged trading plan, though he retains 11.6 million convertible Class B shares.
(Bloomberg) -- Citgroup Inc.’s shares erased earlier gains as Chief Executive Officer Jane Fraser said the bank would “lean in with additional investments and other actions” if economic conditions remain favorable.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeUS CPI Falls for the First Time Since 2020, Core Gauge FlatLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkA Cocaine Bust in
SpaceX stock fell 38% from its peak, cutting Elon Musk's fortune by $500 billion. Analysts still see a rebound ahead.
IBM stock is having one of its worst days ever – and is dragging some other names in software and IT along with it. Shares of software and professional-services firms including Accenture, Gartner, Workday and ServiceNow were all trading lower Tuesday morning.
International Business Machines Corp (NYSE:IBM) shares fell about 25% to $217 on Tuesday after the company released preliminary second quarter 2026 results that came in below Wall Street expectations and warned that an unexpected shift in customer spending weighed on its software and...
The opportunity behind these recently raised funds is nothing less than amazing.
Oracle's stock has crashed amid growing investor concerns about the company's aggressive AI infrastructure spending, rising debt, equity dilution, and heavy reliance on OpenAI.
LUNR expands lunar mission operations by advancing planning, navigation and surface capabilities to support future Moon missions.
By Jonathan Stempel July 14 (Reuters) - Warren Buffett has stopped donating money to the Gates Foundation, ending a two-decade philanthropic partnership following revelations about interactions
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