2 months ago
On September 17, Lucid Group, Inc. (NASDAQ:LCID) and Bolt, a leading European shared mobility platform, announced a strategic partnership to develop and deploy autonomous mobility services across Europe. This sent shares of Lucid Group, Inc. (NASDAQ:LCID) higher, and the stock ended the trading session with gains of nearly 6%.
The partnership will combine Lucid Group, Inc.'s (NASDAQ:LCID) software-defined vehicle platform with Bolt's European data, operating infrastructure, and mobility expertise. The companies will be looking to develop and launch autonomous mobility services at scale, using vehicles based on Lucid Group, Inc.'s (NASDAQ:LCID) upcoming Midsize platform.
Bolt plans to deploy at least 25,000 fully autonomous vehicles across multiple European cities and countries, supporting its ambitious goal of having 100,000 autonomous vehicles on its platform by 2035.
The financial details of the partnership were not disclosed.
The deal comes as Lucid Group, Inc. (NASDAQ:LCID) continues to face significant financial pressure. The company has been pursuing an ambitious expansion strategy. However, its revenue growth has not yet been enough to offset substantial operating losses and the high costs ****** ociated with building its global factories.
#lcid #european #platform #partnership
The partnership will combine Lucid Group, Inc.'s (NASDAQ:LCID) software-defined vehicle platform with Bolt's European data, operating infrastructure, and mobility expertise. The companies will be looking to develop and launch autonomous mobility services at scale, using vehicles based on Lucid Group, Inc.'s (NASDAQ:LCID) upcoming Midsize platform.
Bolt plans to deploy at least 25,000 fully autonomous vehicles across multiple European cities and countries, supporting its ambitious goal of having 100,000 autonomous vehicles on its platform by 2035.
The financial details of the partnership were not disclosed.
The deal comes as Lucid Group, Inc. (NASDAQ:LCID) continues to face significant financial pressure. The company has been pursuing an ambitious expansion strategy. However, its revenue growth has not yet been enough to offset substantial operating losses and the high costs ****** ociated with building its global factories.
#lcid #european #platform #partnership
2 months ago
Lucid (LCID) shares are pushing higher on Sept. 17 after the electric vehicle (EV) company announced a robotaxi partnership with European ride-hailing giant Bolt. Under the terms of this agreement, Bolt will deploy 25,000 autonomous robotaxis across Europe, using LCID's upcoming mid-size vehicle platform.
Despite today's rally, Lucid stock is down more than 60% versus the start of this year.
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Dear Tesla Stock Fans, Mark Your Calendars for October 1
#lucid #vehicle #despite #time
Despite today's rally, Lucid stock is down more than 60% versus the start of this year.
Why It's Time to Load Up on Nvidia Stock
ORCL Stock Layoffs: What to Know About the Latest Oracle Job Cuts
Dear Tesla Stock Fans, Mark Your Calendars for October 1
#lucid #vehicle #despite #time
2 months ago
By Karen Roman
Swarmer, Inc.'s (Nasdaq: SWMR) pending acquisition ofUkrainian unmanned-ground-vehicle maker Ratel Robotics could lead to $200 million in 2027 revenue and $20 million in adjusted EBITDA, according to a research note by Lucid Capital Markets.
Swarmer, which boasts Blackwater founder and industry veteran Erik Prince as its non-executive chairman, is in a definitive agreement to buy Ratel for up to $224 million and it has $86 million in secured contracts and about 37% share of Ukrainian government UGV procurement spending, the note said.
The deal comes as Ukraine's drone industry is beginning a consolidation phase, with more than 500 credible drone companies operating in the country while being home to some of the world's advanced battlefield drone technology, it said.
Swarmer could potentially consolidate Ukraine's fragmented drone industry into a full-stack drones, autonomy software and ground-vehicle platform, the note said.
#swarmer #note #vehicle #roman
Swarmer, Inc.'s (Nasdaq: SWMR) pending acquisition ofUkrainian unmanned-ground-vehicle maker Ratel Robotics could lead to $200 million in 2027 revenue and $20 million in adjusted EBITDA, according to a research note by Lucid Capital Markets.
Swarmer, which boasts Blackwater founder and industry veteran Erik Prince as its non-executive chairman, is in a definitive agreement to buy Ratel for up to $224 million and it has $86 million in secured contracts and about 37% share of Ukrainian government UGV procurement spending, the note said.
The deal comes as Ukraine's drone industry is beginning a consolidation phase, with more than 500 credible drone companies operating in the country while being home to some of the world's advanced battlefield drone technology, it said.
Swarmer could potentially consolidate Ukraine's fragmented drone industry into a full-stack drones, autonomy software and ground-vehicle platform, the note said.
#swarmer #note #vehicle #roman
2 months ago
Lucid Group, Inc. (NASDAQ:LCID) is recalling 27,185 of its Air luxury sedans in the U.S. because an exterior lighting circuit could overheat and raise the risk of fire, the National Highway Traffic Safety Administration said on August 28.
NHTSA told owners to park outside and away from structures until a fix is deployed and warned the overheating circuit could also knock out exterior lighting, raising crash risk too. Lucid already released a free over-the-air software update, and NHTSA said 20,719 of the affected vehicles had received it before the announcement.
The recall is Lucid's largest ever, covering more cars than it delivered in all of 2025, when it handed over 15,841 vehicles. It follows a May recall of 2,039 vehicles over lost drive power and a January recall of more than 10,000 vehicles over rearview camera problems.
Lucid Group, Inc. (NASDAQ:LCID)'s top line continues to grow despite its operational challenges, as second-quarter revenue jumped 56% year over year to about $405 million and 44% sequentially. The growth was helped by higher deliveries, a better product mix, a 3.7% increase in average selling price, and $25 million in additional regulatory credit sales. This growth gives Lucid a stronger revenue base as management works to improve the firm's basic economics.
New CEO Silvio Napoli has also introduced a specific turnaround plan with measurable targets. His operational reset plans to generate $1.4 billion in cash-flow improvements this year. It directly addresses problems such as premature product launches, inadequate service investment, and slow responses to quality issues. A more disciplined approach could help Lucid reduce execution problems and rebuild investor confidence.
#lucid #recall #problems #group
NHTSA told owners to park outside and away from structures until a fix is deployed and warned the overheating circuit could also knock out exterior lighting, raising crash risk too. Lucid already released a free over-the-air software update, and NHTSA said 20,719 of the affected vehicles had received it before the announcement.
The recall is Lucid's largest ever, covering more cars than it delivered in all of 2025, when it handed over 15,841 vehicles. It follows a May recall of 2,039 vehicles over lost drive power and a January recall of more than 10,000 vehicles over rearview camera problems.
Lucid Group, Inc. (NASDAQ:LCID)'s top line continues to grow despite its operational challenges, as second-quarter revenue jumped 56% year over year to about $405 million and 44% sequentially. The growth was helped by higher deliveries, a better product mix, a 3.7% increase in average selling price, and $25 million in additional regulatory credit sales. This growth gives Lucid a stronger revenue base as management works to improve the firm's basic economics.
New CEO Silvio Napoli has also introduced a specific turnaround plan with measurable targets. His operational reset plans to generate $1.4 billion in cash-flow improvements this year. It directly addresses problems such as premature product launches, inadequate service investment, and slow responses to quality issues. A more disciplined approach could help Lucid reduce execution problems and rebuild investor confidence.
#lucid #recall #problems #group
2 months ago
Napoli's operational reset triggered a 42% LCID stock collapse, exposing negative stockholders' equity and a $17.7 billion accumulated deficit against a $1.8 billion market cap.
RIVN and TSLA held steady while LCID collapsed, and Lucid's biggest **** yst-implied upside in the group signals a stale target, not hidden value.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Lucid Group (NASDAQ:LCID) stock trades at $4.81 midday, while the average **** yst price target sits at $8.11. That gap implies upside of more than 70%.
Lucid designs and builds luxury electric vehicles from Newark, California. CEO Silvio Napoli filed an operational reset on August 4 promising $1.4 billion in cash flow improvements this year. Napoli took over on June 1 after previously running Schindler, and he framed the plan as one of four must-win priorities.
#Stock #reset #market
RIVN and TSLA held steady while LCID collapsed, and Lucid's biggest **** yst-implied upside in the group signals a stale target, not hidden value.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Lucid Group (NASDAQ:LCID) stock trades at $4.81 midday, while the average **** yst price target sits at $8.11. That gap implies upside of more than 70%.
Lucid designs and builds luxury electric vehicles from Newark, California. CEO Silvio Napoli filed an operational reset on August 4 promising $1.4 billion in cash flow improvements this year. Napoli took over on June 1 after previously running Schindler, and he framed the plan as one of four must-win priorities.
#Stock #reset #market
2 months ago
Lucid recalled 27,185 Air sedans over a fire risk from overheating lights, a figure that is 171% larger than its entire annual production run rate.
Napoli's 'operational reset' slashes $1 billion in costs and delays the sub-$50,000 Cosmos model, while LCID stock craters 53% this year.
Lucid's robotaxi partnership with Uber pits it against Tesla and Waymo, rivals that have vastly deeper capital and years of head start.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Lucid's (NASDAQ: LCID) stock has dropped below $5, which by definition makes it a "penny stock."
#uber #NASDAQ
Napoli's 'operational reset' slashes $1 billion in costs and delays the sub-$50,000 Cosmos model, while LCID stock craters 53% this year.
Lucid's robotaxi partnership with Uber pits it against Tesla and Waymo, rivals that have vastly deeper capital and years of head start.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Lucid's (NASDAQ: LCID) stock has dropped below $5, which by definition makes it a "penny stock."
#uber #NASDAQ
2 months ago
Tesla (NASDAQ:TSLA), the global electric vehicle (EV) and energy storage manufacturer, closed at $367.95, up 5.51%. Investors focused on the upcoming Sept. 3 Cybercab event and renewed interest in FSD and robotaxi plans.
Trading volume reached 60.9 million shares, coming in about 46% above its three-month average of 41.6 million shares. Tesla IPO'd in 2010 and has grown 23,042% since going public.
The S&P 500 (SNPINDEX:^GSPC) closed at 7,686, down 0.33%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) closed at 26,371, down 0.12%. Among EV and automotive software peers, Rivian Automotive (NASDAQ:RIVN) closed at $16.06, down 0.06%, and Lucid Group (NASDAQ:LCID) closed at $4.85, down 3.19%.
Tesla CEO Elon Musk has been guiding investors to focus on his company's EV autonomy software as a main driver for Tesla's future fortunes. The next big step in that regard is coming on Thursday, and anticipation looked to be helping drive shares higher today.
The invite-only Cybercab event in Austin is being billed as offering exclusive access to the steering-wheel- and pedal-free vehicle. Investors may hear more from that gathering about Tesla's progress and plans for that brand-new product.
Tesla's full self-driving (FSD) technology gained approval for a limited robotaxi rollout in Nevada two weeks ago, helping to expand its footprint and set the stage for an eventual Cybercab fleet.
#tesla #down #Event
Trading volume reached 60.9 million shares, coming in about 46% above its three-month average of 41.6 million shares. Tesla IPO'd in 2010 and has grown 23,042% since going public.
The S&P 500 (SNPINDEX:^GSPC) closed at 7,686, down 0.33%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) closed at 26,371, down 0.12%. Among EV and automotive software peers, Rivian Automotive (NASDAQ:RIVN) closed at $16.06, down 0.06%, and Lucid Group (NASDAQ:LCID) closed at $4.85, down 3.19%.
Tesla CEO Elon Musk has been guiding investors to focus on his company's EV autonomy software as a main driver for Tesla's future fortunes. The next big step in that regard is coming on Thursday, and anticipation looked to be helping drive shares higher today.
The invite-only Cybercab event in Austin is being billed as offering exclusive access to the steering-wheel- and pedal-free vehicle. Investors may hear more from that gathering about Tesla's progress and plans for that brand-new product.
Tesla's full self-driving (FSD) technology gained approval for a limited robotaxi rollout in Nevada two weeks ago, helping to expand its footprint and set the stage for an eventual Cybercab fleet.
#tesla #down #Event
2 months ago
PRAIRIE VIEW - State championships aren't won in the heat and humidity of late August.
Brian Randle and his players have a more lucid understanding of that reality than most. The Randle High School football program has ended each of its past two seasons with a high-stakes game right before Christmas.
With 16 more weeks remaining before the UIL hands out its gold-plated plaques in Arlington, the Lions are embracing the journey. They're calling this season "The Reckoning," and it's started with a momentous victory.
This campaign was never going to be about one opponent. Randle is simply 1-0 after Friday night's 20-14 triumph against Dallas powerhouse South Oak Cliff. But in a rubber match between the programs that have faced off for the past two Class 5A Division II state **** les, taking care of the Golden Bears was the first order of business.
"I mean, we had to break the tie," said Randle, whose team avenged a 35-19 loss from last December's championship game and is now in Class 5A Division I. "We had to break the tie. It's funny because I love what Dallas does. I love what SOC does. But their fans, they talk a lot. So it feels good to have bragging rights for another 12 months until we meet again."
#past
Brian Randle and his players have a more lucid understanding of that reality than most. The Randle High School football program has ended each of its past two seasons with a high-stakes game right before Christmas.
With 16 more weeks remaining before the UIL hands out its gold-plated plaques in Arlington, the Lions are embracing the journey. They're calling this season "The Reckoning," and it's started with a momentous victory.
This campaign was never going to be about one opponent. Randle is simply 1-0 after Friday night's 20-14 triumph against Dallas powerhouse South Oak Cliff. But in a rubber match between the programs that have faced off for the past two Class 5A Division II state **** les, taking care of the Golden Bears was the first order of business.
"I mean, we had to break the tie," said Randle, whose team avenged a 35-19 loss from last December's championship game and is now in Class 5A Division I. "We had to break the tie. It's funny because I love what Dallas does. I love what SOC does. But their fans, they talk a lot. So it feels good to have bragging rights for another 12 months until we meet again."
#past
3 months ago
Lucid Group (NASDAQ: LCID) has had a rough year or two and could use some positive news. The electric vehicle (EV) company announced it would delay its Cosmos crossover until at least next year (it was previously scheduled for launch in late 2026). It's still bleeding cash and posted a net loss of $1 billion during the second quarter.
Management is now working on a plan to save cash, including two rounds of layoffs this year alone. The young EV maker went as far as to hire consulting firm AlixPartners to help with a turnaround plan. In a rare moment of good news from the company, it announced the 2027 Gravity GT-S. But is this a development that can move the needle?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Lucid is reviving the 1,070-horsepower drivetrain from its discontinued Dream Edition for the GT-S, which it claims to be America's most powerful three-row crossover, barely surpassing the nearest competitor, Rivian's R1S three-row crossover, which has 1,025 horsepower. It's a lot of power, but Lucid's flaw has never been its ability to create excellent EVs.
The problems with Lucid have been production hiccups, supplier bottlenecks, product delays, and the inability to lower costs to consistently improve its gross margins -- a feat rival Rivian continues to excel at.
#flashing #cash
Management is now working on a plan to save cash, including two rounds of layoffs this year alone. The young EV maker went as far as to hire consulting firm AlixPartners to help with a turnaround plan. In a rare moment of good news from the company, it announced the 2027 Gravity GT-S. But is this a development that can move the needle?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Lucid is reviving the 1,070-horsepower drivetrain from its discontinued Dream Edition for the GT-S, which it claims to be America's most powerful three-row crossover, barely surpassing the nearest competitor, Rivian's R1S three-row crossover, which has 1,025 horsepower. It's a lot of power, but Lucid's flaw has never been its ability to create excellent EVs.
The problems with Lucid have been production hiccups, supplier bottlenecks, product delays, and the inability to lower costs to consistently improve its gross margins -- a feat rival Rivian continues to excel at.
#flashing #cash
3 months ago
Amylyx Pharmaceuticals, Inc. (NASDAQ:AMLX) has released topline results from the Phase 3 LUCIDITY trial of avexitide on August 18, 2026. Shares closed Monday down 0.9% at $21.43, then traded 15.7% higher at $24.80 after hours after the company scheduled the readout. The rally came before investors saw any efficacy or safety data, underscoring how much hope is attached to one event. For Amylyx Pharmaceuticals, Inc. (NASDAQ:AMLX), the question is whether a successful metabolic-disease trial can finally replace the failed ALS narrative that has defined the company since Relyvrio was withdrawn.
LUCIDITY randomized 78 adults with post-bariatric hypoglycemia following Roux-en-Y gastric bypass surgery in a 3:2 ratio to receive once-daily avexitide or placebo. The FDA-agreed primary outcome measures the reduction in the composite of Level 2 and Level 3 hypoglycemic events through Week 16. Avexitide is designed to block the exaggerated GLP-1 response that can drive excess insulin secretion and dangerous drops in blood glucose.
The trial is therefore more than another pipeline update. Amylyx Pharmaceuticals, Inc. (NASDAQ:AMLX) currently has no approved product, and avexitide is its most advanced near-term opportunity to rebuild a commercial business. A positive result would validate the company's move into endocrine disease. A miss would return attention to earlier-stage programs that cannot replace a late-stage **** et quickly.
Amylyx Pharmaceuticals, Inc. (NASDAQ:AMLX) enters the readout with supportive early evidence. Amylyx said five earlier Phase 1 and Phase 2 studies produced consistent signals. In a 28-day, open-label Phase 2b crossover study involving 16 patients who had undergone Roux-en-Y gastric bypass or other upper gastrointestinal surgeries, the 90 mg once-daily dose now used in LUCIDITY reduced Level 2 events by 53% and Level 3 events by 66% against the medical nutrition therapy-only run-in baseline. Avexitide was generally well tolerated across prior studies.
The FDA has granted avexitide Breakthrough Therapy designation for post-bariatric hypoglycemia, and management anticipates a potential 2027 launch if the drug is approved. Amylyx Pharmaceuticals, Inc. (NASDAQ:AMLX) held $250.8 million in cash, cash equivalents, and short-term investments as of June 30. Based on its current operating plans, Amylyx expects that amount to provide a cash runway into 2028, supporting a potential regulatory filing and commercial preparations.
#pharmaceuticals #NASDAQ
LUCIDITY randomized 78 adults with post-bariatric hypoglycemia following Roux-en-Y gastric bypass surgery in a 3:2 ratio to receive once-daily avexitide or placebo. The FDA-agreed primary outcome measures the reduction in the composite of Level 2 and Level 3 hypoglycemic events through Week 16. Avexitide is designed to block the exaggerated GLP-1 response that can drive excess insulin secretion and dangerous drops in blood glucose.
The trial is therefore more than another pipeline update. Amylyx Pharmaceuticals, Inc. (NASDAQ:AMLX) currently has no approved product, and avexitide is its most advanced near-term opportunity to rebuild a commercial business. A positive result would validate the company's move into endocrine disease. A miss would return attention to earlier-stage programs that cannot replace a late-stage **** et quickly.
Amylyx Pharmaceuticals, Inc. (NASDAQ:AMLX) enters the readout with supportive early evidence. Amylyx said five earlier Phase 1 and Phase 2 studies produced consistent signals. In a 28-day, open-label Phase 2b crossover study involving 16 patients who had undergone Roux-en-Y gastric bypass or other upper gastrointestinal surgeries, the 90 mg once-daily dose now used in LUCIDITY reduced Level 2 events by 53% and Level 3 events by 66% against the medical nutrition therapy-only run-in baseline. Avexitide was generally well tolerated across prior studies.
The FDA has granted avexitide Breakthrough Therapy designation for post-bariatric hypoglycemia, and management anticipates a potential 2027 launch if the drug is approved. Amylyx Pharmaceuticals, Inc. (NASDAQ:AMLX) held $250.8 million in cash, cash equivalents, and short-term investments as of June 30. Based on its current operating plans, Amylyx expects that amount to provide a cash runway into 2028, supporting a potential regulatory filing and commercial preparations.
#pharmaceuticals #NASDAQ
3 months ago
Meghan Markle's former friend discusses her and Prince Harry's return to the UK. She talks about how Markle's past relationship with the country and the royal family might affect this. For those unversed, according to multiple reports, the Sussexes are returning to Britain by the end of the month. They will reportedly stay in a private, non-royal home while retaining their California and Portugal homes.
Meghan Markle's former friend dishes on her and Prince Harry's reported return to the UK. Nick Ede addressed this with Cafe Casino and explained that the **** ss of Sussex would approach this with mixed emotions, as she shares a tumultuous relationship with the British media.
Ede said: "I imagine Meghan would approach it with very mixed emotions. Britain was the setting for her wedding and one of the most extraordinary chapters of her life, but it is also **** ociated with intense scrutiny, negative headlines and a period she has described as deeply painful."
Furthermore, Ede emphasized that, unlike the last time Markle lived in the UK, this time she is coming more prepared. The actress has established herself as a lifestyle entrepreneur and a creative force. The source stated: "She would not be arriving as a new royal expected to learn an unfamiliar system. She would be coming back as an independent woman with her own businesses, profile and boundaries. That could make the experience feel much more manageable."
Moreover, Ede elucidated that the Sussexes have maintained complete privacy around their new home in the UK and their children's school. This could serve as a means to maintain privacy around their time in the UK.
#time
Meghan Markle's former friend dishes on her and Prince Harry's reported return to the UK. Nick Ede addressed this with Cafe Casino and explained that the **** ss of Sussex would approach this with mixed emotions, as she shares a tumultuous relationship with the British media.
Ede said: "I imagine Meghan would approach it with very mixed emotions. Britain was the setting for her wedding and one of the most extraordinary chapters of her life, but it is also **** ociated with intense scrutiny, negative headlines and a period she has described as deeply painful."
Furthermore, Ede emphasized that, unlike the last time Markle lived in the UK, this time she is coming more prepared. The actress has established herself as a lifestyle entrepreneur and a creative force. The source stated: "She would not be arriving as a new royal expected to learn an unfamiliar system. She would be coming back as an independent woman with her own businesses, profile and boundaries. That could make the experience feel much more manageable."
Moreover, Ede elucidated that the Sussexes have maintained complete privacy around their new home in the UK and their children's school. This could serve as a means to maintain privacy around their time in the UK.
#time
3 months ago
Hayden Panettiere's tragic death has shocked the world. As per an insider, the Heroes alum suffered from "really severe" health issues in the months leading up to her unfortunate death. The actress died at the shocking young age of 36. Her representatives confirmed the news, leaving fans and industry folks reeling from the suddenness of the situation.
Hayden Panettiere's friend Erick Orellana detailed the severity of her health issues that ultimately claimed her life. Orellana told Page Six, "I know she suffered earlier this year with her back." Orellana, also a hairdresser, elucidated that the late actress' pain was "really severe," to the extent that it affected her leg movement. "At one point, it was even hard for her to move her legs," Orellana dished.
The Nashville star was photographed in March with her boyfriend, Brian Hickerson, at Los Angeles International Airport. Panettiere used crutches for mobility, and her hairdresser friend added that she was "starting to be on the mend."
A second source echoed Orellana's sentiments and chimed in that the late actress had other health issues as well. The source said: "Earlier this year, she did seem a little tired at times. But she was a night owl, and… she has a lot on her plate." The insider also alleged that the Remember The ******* ans star "suffered from anxiety at times" and would "occasionally take medication for that. And every so often that could impact her speech."
Panettiere passed away in Greenville, South Carolina, on Sunday, August 16. Authorities made efforts to resuscitate her, but after multiple failed efforts, she was ******* ounced dead at 2:32 p.m.
#hayden
Hayden Panettiere's friend Erick Orellana detailed the severity of her health issues that ultimately claimed her life. Orellana told Page Six, "I know she suffered earlier this year with her back." Orellana, also a hairdresser, elucidated that the late actress' pain was "really severe," to the extent that it affected her leg movement. "At one point, it was even hard for her to move her legs," Orellana dished.
The Nashville star was photographed in March with her boyfriend, Brian Hickerson, at Los Angeles International Airport. Panettiere used crutches for mobility, and her hairdresser friend added that she was "starting to be on the mend."
A second source echoed Orellana's sentiments and chimed in that the late actress had other health issues as well. The source said: "Earlier this year, she did seem a little tired at times. But she was a night owl, and… she has a lot on her plate." The insider also alleged that the Remember The ******* ans star "suffered from anxiety at times" and would "occasionally take medication for that. And every so often that could impact her speech."
Panettiere passed away in Greenville, South Carolina, on Sunday, August 16. Authorities made efforts to resuscitate her, but after multiple failed efforts, she was ******* ounced dead at 2:32 p.m.
#hayden
3 months ago
Lucid Group (NASDAQ: LCID) has always been an intriguing investment opportunity, but it has consistently disappointed investors in several ways.
The electric vehicle (EV) maker designs and produces some of the most advanced EVs globally but has a growing number of recalls and supplier issues and has struggled to lower costs and build scale to improve vehicle unit economics and gross profitability.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Now, another speed **** p: The EV maker just announced that its upcoming Cosmos SUV is significantly delayed -- does this represent a red flag or a smart move?
Lucid originally planned to launch its midsize Cosmos SUV EV late this year, although it admitted that production volume would be low until production accelerates next year. To be fair, many investors and **** ysts were skeptical of this timeline, given that its Gravity SUV is still dealing with recalls, supply chain bottlenecks, and production shifts to align with consumer demand.
#cosmos
The electric vehicle (EV) maker designs and produces some of the most advanced EVs globally but has a growing number of recalls and supplier issues and has struggled to lower costs and build scale to improve vehicle unit economics and gross profitability.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Now, another speed **** p: The EV maker just announced that its upcoming Cosmos SUV is significantly delayed -- does this represent a red flag or a smart move?
Lucid originally planned to launch its midsize Cosmos SUV EV late this year, although it admitted that production volume would be low until production accelerates next year. To be fair, many investors and **** ysts were skeptical of this timeline, given that its Gravity SUV is still dealing with recalls, supply chain bottlenecks, and production shifts to align with consumer demand.
#cosmos
3 months ago
Lucid Group (LCID) released its Q2 2026 earnings yesterday, Aug. 4, after the markets closed. The confessional attracted higher-than-usual attention for a couple of reasons. First, it was preceded by a turbulent couple of months that saw LCID shares fall to all-time lows on bankruptcy rumors, and second, it was the first call under the new CEO, Silvio Napoli.
Meanwhile, more than the numbers, the earnings call was about the strategic vision Napoli laid out for the company and how the new management team wants to transform Lucid into a sustainable business.
Jeff Bezos Says He's Selling $1 Billion In Amazon Stock Every Year to Fund Blue Origin — 'It's The Most Important Work I'm Doing'
Apple's New CEO Is Bringing a Familiar Face Back From Retirement. The Shift Is Happening.
Nasdaq Futures Climb as Tech Rally Continues on Palantir Boost, U.S. JOLTS Report and ****** eX Earnings on Tap
#lucid #couple #group
Meanwhile, more than the numbers, the earnings call was about the strategic vision Napoli laid out for the company and how the new management team wants to transform Lucid into a sustainable business.
Jeff Bezos Says He's Selling $1 Billion In Amazon Stock Every Year to Fund Blue Origin — 'It's The Most Important Work I'm Doing'
Apple's New CEO Is Bringing a Familiar Face Back From Retirement. The Shift Is Happening.
Nasdaq Futures Climb as Tech Rally Continues on Palantir Boost, U.S. JOLTS Report and ****** eX Earnings on Tap
#lucid #couple #group
3 months ago
Rivian Automotive Inc (NASDAQ:RIVN) — one of the most popular EV stocks on the market today — reported second-quarter earnings after market close on July 30.
Whether you're invested in Rivian or an EV competitor like Tesla (NASDAQ:TSLA) or Lucid Group (NASDAQ:LCID), you'll want to pay close attention to the key takeaways covered below.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In fact, AI investors should also monitor Rivian's quarterly earnings announcement, as the company is currently transitioning from a conventional automaker to an AI-driven transportation company.
Here are the three biggest takeaways from Rivian's second-quarter earnings reveal.
#signal #company #market #second
Whether you're invested in Rivian or an EV competitor like Tesla (NASDAQ:TSLA) or Lucid Group (NASDAQ:LCID), you'll want to pay close attention to the key takeaways covered below.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In fact, AI investors should also monitor Rivian's quarterly earnings announcement, as the company is currently transitioning from a conventional automaker to an AI-driven transportation company.
Here are the three biggest takeaways from Rivian's second-quarter earnings reveal.
#signal #company #market #second
4 months ago
Tesla (NASDAQ:TSLA), the global electric-vehicle, battery storage, and autonomous driving platform, closed at $319.69, down 14.52%. Thursday's drop followed an earnings miss and heavier AI and robotics spending. Investors will continue watching margins with another focus on autonomous-driving guidance next.
Trading volume reached 114.2 million shares, coming in about 131% above its three-month average of 49.4 million shares.
Tesla IPO'd in 2010 and has grown 20,006% since going public.
The S&P 500 (SNPINDEX:^GSPC) fell 1.21% to 7,408.30, and the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 2.15% to 25,138. Among electric vehicle manufacturing peers, Rivian Automotive (NASDAQ:RIVN) closed at $16.46, down 4.19%, and Lucid Group (NASDAQ:LCID) closed at $6.45, down 4.87%, reflecting pressure across EV names.
Tesla's revenue soared in Q2, driven by a surge in EV unit volume. Deliveries jumped 25% year over year, and revenue gains came close to matching that. Yet profits dropped, and free cash flow turned negative as operating expenses and capital spending soared.
Analysts lowered their price targets for Tesla following the earnings miss, citing margin pressure and cautious guidance on autonomous driving.
The future direction of Tesla stock will depend on what investors prioritize. Competition in the EV market has put pricing pressure on Tesla, which it is offsetting with volume. But that additional revenue isn't reaching the bottom line because of the company's growth investments and expenses.
#revenue
Trading volume reached 114.2 million shares, coming in about 131% above its three-month average of 49.4 million shares.
Tesla IPO'd in 2010 and has grown 20,006% since going public.
The S&P 500 (SNPINDEX:^GSPC) fell 1.21% to 7,408.30, and the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 2.15% to 25,138. Among electric vehicle manufacturing peers, Rivian Automotive (NASDAQ:RIVN) closed at $16.46, down 4.19%, and Lucid Group (NASDAQ:LCID) closed at $6.45, down 4.87%, reflecting pressure across EV names.
Tesla's revenue soared in Q2, driven by a surge in EV unit volume. Deliveries jumped 25% year over year, and revenue gains came close to matching that. Yet profits dropped, and free cash flow turned negative as operating expenses and capital spending soared.
Analysts lowered their price targets for Tesla following the earnings miss, citing margin pressure and cautious guidance on autonomous driving.
The future direction of Tesla stock will depend on what investors prioritize. Competition in the EV market has put pricing pressure on Tesla, which it is offsetting with volume. But that additional revenue isn't reaching the bottom line because of the company's growth investments and expenses.
#revenue
4 months ago
Lucid burned $3.8B in free cash flow against $1.35B in revenue in 2025, while Rivian's cash reserves shrank from $4.81B to $2.85B.
Stellantis posted a $22.33B net loss for FY2025 as CEO Filosa admitted the company over-estimated the pace of the energy transition.
Tesla leads with a $1.4T market cap, but Q4 2025 deliveries fell 16% and prediction markets heavily doubt its near-term robotaxi and Optimus timelines.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Tesla didn't make the cut. Grab the names FREE today.
Morning Brew Daily's July segment framed the U.S. electric vehicle industry in stark terms. They argued that Lucid (NASDAQ: LCID), once valued at $91 billion, is now worth just $2.87 billion, while Rivian (NASDAQ: RIVN) has fallen from a peak near $150 billion to roughly $25 billion. The guest **** yst on the show argued that both pure-play startups are "one boardroom decision at another company away" from collapse, and that neither company is expected to turn cash flow positive before 2030. The numbers back the framing.
#cash #free #flow
Stellantis posted a $22.33B net loss for FY2025 as CEO Filosa admitted the company over-estimated the pace of the energy transition.
Tesla leads with a $1.4T market cap, but Q4 2025 deliveries fell 16% and prediction markets heavily doubt its near-term robotaxi and Optimus timelines.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Tesla didn't make the cut. Grab the names FREE today.
Morning Brew Daily's July segment framed the U.S. electric vehicle industry in stark terms. They argued that Lucid (NASDAQ: LCID), once valued at $91 billion, is now worth just $2.87 billion, while Rivian (NASDAQ: RIVN) has fallen from a peak near $150 billion to roughly $25 billion. The guest **** yst on the show argued that both pure-play startups are "one boardroom decision at another company away" from collapse, and that neither company is expected to turn cash flow positive before 2030. The numbers back the framing.
#cash #free #flow
4 months ago
Lucid stock tumbled by as much as 40% on Tuesday, then clawed back a portion of those losses to end the session down 16%, following the publication of a report by an electric vehicle blog alleging the company was exploring bankruptcy or a move to go private. Lucid called the report false.
The report, from a site called EV, cited two unnamed sources who said consulting firm AlixPartners had recommended Lucid's board consider either Chapter 11 bankruptcy protection or a privatization, according to TechCrunch. The site also reported that AlixPartners had advised further restructuring in the U.S. and Europe and a sharper focus on the Gravity SUV.
Lucid chief communications officer Nick Twork told TechCrunch the claims were "completely false." "The company has sufficient liquidity to carry its operations well into next year, as recently published in its last quarterly filings, and it has not formed any special Board committee to explore the scenarios reported today," Twork said in a statement. "AlixPartners is ******* isting us in that and nothing else and has not recommended bankruptcy to management or the Board." AlixPartners declined to comment.
Regulators paused trading in Lucid shares on several occasions throughout the session due to excessive price swings. The stock swung between $5.76 and $2.37 on Tuesday before closing at $4.62. Lucid stock was down an additional 4.1% in premarket trading Wednesday.
As of the end of March, Lucid's total available liquidity stood at approximately $3.2 billion, with around $2.5 billion of that consisting of debt capacity it had yet to draw on, according to Barron's, citing Cantor Fitzgerald ******* yst Andres Sheppard. The company then secured another $1 billion in April, a sum that included a $200 million check from Uber. Sheppard wrote that the company was "funded well into next year."
The report, from a site called EV, cited two unnamed sources who said consulting firm AlixPartners had recommended Lucid's board consider either Chapter 11 bankruptcy protection or a privatization, according to TechCrunch. The site also reported that AlixPartners had advised further restructuring in the U.S. and Europe and a sharper focus on the Gravity SUV.
Lucid chief communications officer Nick Twork told TechCrunch the claims were "completely false." "The company has sufficient liquidity to carry its operations well into next year, as recently published in its last quarterly filings, and it has not formed any special Board committee to explore the scenarios reported today," Twork said in a statement. "AlixPartners is ******* isting us in that and nothing else and has not recommended bankruptcy to management or the Board." AlixPartners declined to comment.
Regulators paused trading in Lucid shares on several occasions throughout the session due to excessive price swings. The stock swung between $5.76 and $2.37 on Tuesday before closing at $4.62. Lucid stock was down an additional 4.1% in premarket trading Wednesday.
As of the end of March, Lucid's total available liquidity stood at approximately $3.2 billion, with around $2.5 billion of that consisting of debt capacity it had yet to draw on, according to Barron's, citing Cantor Fitzgerald ******* yst Andres Sheppard. The company then secured another $1 billion in April, a sum that included a $200 million check from Uber. Sheppard wrote that the company was "funded well into next year."
4 months ago
SharonAI Holdings Inc. (NASDAQ:SHAZ) is one of the best new tech stocks to buy according to ******* ysts. On June 29, Sharon AI announced the closing of an oversubscribed $1.6 billion private placement financing. The transaction included ~$900 million in Class A Ordinary Common Stock and pre-funded warrants, alongside $700 million in 4.75% Convertible Senior Notes. The financing was anchored by major institutional investors, including Situational Awareness L.P. and funds managed by Oaktree Capital Management L.P.
The company plans to use the capital to execute its six-year strategic compute collaboration with NVIDIA (NASDAQ:NVDA). A primary objective is the construction of one of Australia's largest AI factories, which will feature the deployment of up to 40,000 Grace Blackwell GB300 GPUs. This infrastructure investment serves as a cornerstone for the company's broader expansion strategy in the Neocloud sector.
spacedrone808/Shutterstock.com
Goldman Sachs & Co. LLC served as the lead placement agent for the transaction, with additional support from Lucid Capital Markets. Macquarie Capital was the financial advisor. The company expects to provide further details regarding the financing in an upcoming filing with the US Securities and Exchange Commission.
SharonAI Holdings Inc. (NASDAQ:SHAZ) is a leading Australian Neocloud and HPC company specializing in AI infrastructure and cloud GPU environments. The firm provides cutting-edge GPU solutions for training and inference to accelerate the development of AI factories and sovereign AI solutions.
The company plans to use the capital to execute its six-year strategic compute collaboration with NVIDIA (NASDAQ:NVDA). A primary objective is the construction of one of Australia's largest AI factories, which will feature the deployment of up to 40,000 Grace Blackwell GB300 GPUs. This infrastructure investment serves as a cornerstone for the company's broader expansion strategy in the Neocloud sector.
spacedrone808/Shutterstock.com
Goldman Sachs & Co. LLC served as the lead placement agent for the transaction, with additional support from Lucid Capital Markets. Macquarie Capital was the financial advisor. The company expects to provide further details regarding the financing in an upcoming filing with the US Securities and Exchange Commission.
SharonAI Holdings Inc. (NASDAQ:SHAZ) is a leading Australian Neocloud and HPC company specializing in AI infrastructure and cloud GPU environments. The firm provides cutting-edge GPU solutions for training and inference to accelerate the development of AI factories and sovereign AI solutions.
4 months ago
General Motors (NYSE:GM) and Lucid Group (NASDAQ:LCID) represent two different eras of automotive manufacturing. Investors must decide between a profitable industry giant and a high-growth luxury electric vehicle contender in 2026.
General Motors leverages its massive manufacturing footprint and historical dominance to fund a transition to software-defined vehicles. Lucid focuses on the high-end luxury market with superior battery range and a significant sovereign wealth partnership. Both companies are vying for dominance in an evolving landscape, though they offer vastly different risk and reward profiles for your portfolio.
General Motors produces a wide range of trucks, SUVs, and cars while building a massive footprint in the EV market. This shift occurs as the broader consumer discretionary sector faces pressure from changing consumer preferences. Key partnerships like the Ultium Cells joint venture with LG Energy Solution and a memory chip supply deal with Micron Technology aim to strengthen its software and battery capabilities.
In FY 2025, revenue reached nearly $185.0 billion, representing a slight decrease of roughly 1.3% compared to the prior year. The company reported a net income of approximately $2.7 billion, though its net margin narrowed to close to 1.5%. These figures illustrate the scale at which the company operates while maintaining profitability during a period of heavy capital investment in new technology.
As of its December 2025 balance sheet, the current ratio stood at roughly 1.2x, which measures a company's ability to cover short-term debts with its short-term ***** ets. The debt-to-equity ratio, which compares total debt (including short-term and long-term obligations) to shareholder equity, was approximately 2.1x. Free cash flow reached nearly $11 billion, representing the cash remaining after paying for operating costs and equipment upgrades.
General Motors leverages its massive manufacturing footprint and historical dominance to fund a transition to software-defined vehicles. Lucid focuses on the high-end luxury market with superior battery range and a significant sovereign wealth partnership. Both companies are vying for dominance in an evolving landscape, though they offer vastly different risk and reward profiles for your portfolio.
General Motors produces a wide range of trucks, SUVs, and cars while building a massive footprint in the EV market. This shift occurs as the broader consumer discretionary sector faces pressure from changing consumer preferences. Key partnerships like the Ultium Cells joint venture with LG Energy Solution and a memory chip supply deal with Micron Technology aim to strengthen its software and battery capabilities.
In FY 2025, revenue reached nearly $185.0 billion, representing a slight decrease of roughly 1.3% compared to the prior year. The company reported a net income of approximately $2.7 billion, though its net margin narrowed to close to 1.5%. These figures illustrate the scale at which the company operates while maintaining profitability during a period of heavy capital investment in new technology.
As of its December 2025 balance sheet, the current ratio stood at roughly 1.2x, which measures a company's ability to cover short-term debts with its short-term ***** ets. The debt-to-equity ratio, which compares total debt (including short-term and long-term obligations) to shareholder equity, was approximately 2.1x. Free cash flow reached nearly $11 billion, representing the cash remaining after paying for operating costs and equipment upgrades.
4 months ago
Deciding between buying Rivian (NASDAQ: RIVN) or Lucid (NASDAQ: LCID) stock is a little tricky right now. Both companies sell fantastic electric vehicles that have earned high praise from automotive publications and expert reviewers.
But the EV market is difficult, and selling good products isn't enough to ensure a company is worth investing in.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Here's what's happening with Rivian and Lucid, why Rivian stock is the better one to own, and why investors will have to be patient to see the company's potential success.
Lucid has been a paradox for a while. On the one hand, the company is making significant improvements, including year-over-year production rising 55% in 2025 and revenue rising 68% to nearly $1.4 billion.
But the EV market is difficult, and selling good products isn't enough to ensure a company is worth investing in.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Here's what's happening with Rivian and Lucid, why Rivian stock is the better one to own, and why investors will have to be patient to see the company's potential success.
Lucid has been a paradox for a while. On the one hand, the company is making significant improvements, including year-over-year production rising 55% in 2025 and revenue rising 68% to nearly $1.4 billion.
4 months ago
Lucid Group, Inc. (NASDAQ:LCID) is one of the 10 Most Promising EV Stocks to Buy According to ***** ysts.
On June 22, Reuters reported that Lucid Group, Inc. (NASDAQ:LCID) will cut about 18% of its US workforce, and Chief Operating Officer Marc Winterhoff has left the company. It is the second major executive change in recent months as the EV maker works to improve profitability amid intensifying competition. Reuters said the layoffs will affect full-time employees, contractors, and hourly manufacturing workers. The automobile firm will also eliminate the second shift at its AMP-1 production facility.
According to Reuters, Lucid Group, Inc. (NASDAQ:LCID) employed about 9,000 people globally as of Dec. 31, 2025. The firm expects the restructuring to generate about $158 million in annualized cost savings. It is recording roughly $32 million in severance and employee-related charges. Reuters noted that Lucid cut 12% of its US workforce in February and suspended its 2026 production outlook last month pending a business review. It continues relying on its Gravity SUV, future mid-size platform, and robotaxi partnerships with Uber and Nuro to support growth.
Lucid Group, Inc. (NASDAQ:LCID) is a technology and automobile firm. It develops the next generation of electric vehicle technology.
While we acknowledge the potential of LCID as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
On June 22, Reuters reported that Lucid Group, Inc. (NASDAQ:LCID) will cut about 18% of its US workforce, and Chief Operating Officer Marc Winterhoff has left the company. It is the second major executive change in recent months as the EV maker works to improve profitability amid intensifying competition. Reuters said the layoffs will affect full-time employees, contractors, and hourly manufacturing workers. The automobile firm will also eliminate the second shift at its AMP-1 production facility.
According to Reuters, Lucid Group, Inc. (NASDAQ:LCID) employed about 9,000 people globally as of Dec. 31, 2025. The firm expects the restructuring to generate about $158 million in annualized cost savings. It is recording roughly $32 million in severance and employee-related charges. Reuters noted that Lucid cut 12% of its US workforce in February and suspended its 2026 production outlook last month pending a business review. It continues relying on its Gravity SUV, future mid-size platform, and robotaxi partnerships with Uber and Nuro to support growth.
Lucid Group, Inc. (NASDAQ:LCID) is a technology and automobile firm. It develops the next generation of electric vehicle technology.
While we acknowledge the potential of LCID as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
5 months ago
Roughly a decade ago, investors who either missed Tesla's high-risk, uncertain, rapid-growth phase and high-flying valuation or didn't believe in it spent much time trying to find the "next Tesla." Then many also missed BYD's rapid rise.
Fast-forward to today, and many wonder whether Rivian Automotive (NASDAQ: RIVN) or Lucid Group (NASDAQ: LCID) could deliver lucrative returns as the electric vehicle (EV) market slowly gains traction in the U.S. market. Some investors compare the two EV makers' top-line growth.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
But which of these two, young EV makers is winning the race that actually matters?
Lucid had a ****** py beginning to its history, marred with supplier disruptions and production hiccups, sprinkled with recalls along the way. Then Lucid began smoothing out operations and put together an impressive streak of eight consecutive record-setting quarterly delivery totals. That streak ended, just falling short by a handful of vehicles in the first quarter of 2026, but the surge helped the young automaker match rival Rivian in top-line growth over the past three years.
Fast-forward to today, and many wonder whether Rivian Automotive (NASDAQ: RIVN) or Lucid Group (NASDAQ: LCID) could deliver lucrative returns as the electric vehicle (EV) market slowly gains traction in the U.S. market. Some investors compare the two EV makers' top-line growth.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
But which of these two, young EV makers is winning the race that actually matters?
Lucid had a ****** py beginning to its history, marred with supplier disruptions and production hiccups, sprinkled with recalls along the way. Then Lucid began smoothing out operations and put together an impressive streak of eight consecutive record-setting quarterly delivery totals. That streak ended, just falling short by a handful of vehicles in the first quarter of 2026, but the surge helped the young automaker match rival Rivian in top-line growth over the past three years.
5 months ago
Tech stocks swung higher Thursday on optimism over the US-Iran deal.
Intel gained more than 10% after President Trump posted on Truth Social that the company is working with Apple to build chips for the iPhone maker. Apple stock was flat on the day.
SpaceX closed out the day lower for the second straight day for the first time since it began training on the public market. Shares were off roughly 3.5%.
On Wednesday, Uber and Lucid announced that they're expanding their robotaxi service to Houston.
The companies previously announced San Francisco as their launch city, with plans to begin offering autonomous rides later this year. Houston will get self-driving rides in 2027.
Intel gained more than 10% after President Trump posted on Truth Social that the company is working with Apple to build chips for the iPhone maker. Apple stock was flat on the day.
SpaceX closed out the day lower for the second straight day for the first time since it began training on the public market. Shares were off roughly 3.5%.
On Wednesday, Uber and Lucid announced that they're expanding their robotaxi service to Houston.
The companies previously announced San Francisco as their launch city, with plans to begin offering autonomous rides later this year. Houston will get self-driving rides in 2027.
5 months ago
Uber Technologies, Inc. (NYSE: UBER) is one of the best falling stocks to invest in, according to ***** ysts. On June 17, Uber Technologies, Inc. (NYSE:UBER) and its strategic partner Lucid announced Houston as the second market for the planned expansion of their autonomous ride-hailing service.
Photo by Paul Hanaoka on Unsplash
The launch of the robotaxi service in Texas is slated for mid-2027, with dozens of more cities in the pipeline. The expansion into Houston follows the establishment of a base in the San Francisco Bay area, where Uber is poised to launch commercially later this year. Autonomous testing on the road is already underway in Houston.
Uber boasts of a massive robotaxi engineering fleet spanning 100 vehicles across California and Texas. The ride-hailing giant has also secured a 50,000-square-foot facility in Houston to serve as the program's operational depot for charging, maintenance, repairs, and cleaning.
The announcement comes on the heels of Lucid securing $750 million in fresh capital, comprising $550 million from Saudi Arabia's Public Investment Fund (PIF) and $200 million from an Uber subsidiary.
Photo by Paul Hanaoka on Unsplash
The launch of the robotaxi service in Texas is slated for mid-2027, with dozens of more cities in the pipeline. The expansion into Houston follows the establishment of a base in the San Francisco Bay area, where Uber is poised to launch commercially later this year. Autonomous testing on the road is already underway in Houston.
Uber boasts of a massive robotaxi engineering fleet spanning 100 vehicles across California and Texas. The ride-hailing giant has also secured a 50,000-square-foot facility in Houston to serve as the program's operational depot for charging, maintenance, repairs, and cleaning.
The announcement comes on the heels of Lucid securing $750 million in fresh capital, comprising $550 million from Saudi Arabia's Public Investment Fund (PIF) and $200 million from an Uber subsidiary.
5 months ago
Uber Technologies, Inc. (NYSE: UBER) is one of the best falling stocks to invest in, according to ***** ysts. On June 17, Uber Technologies, Inc. (NYSE:UBER) and its strategic partner Lucid announced Houston as the second market for the planned expansion of their autonomous ride-hailing service.
Photo by Paul Hanaoka on Unsplash
The launch of the robotaxi service in Texas is slated for mid-2027, with dozens of more cities in the pipeline. The expansion into Houston follows the establishment of a base in the San Francisco Bay area, where Uber is poised to launch commercially later this year. Autonomous testing on the road is already underway in Houston.
Uber boasts of a massive robotaxi engineering fleet spanning 100 vehicles across California and Texas. The ride-hailing giant has also secured a 50,000-square-foot facility in Houston to serve as the program's operational depot for charging, maintenance, repairs, and cleaning.
The announcement comes on the heels of Lucid securing $750 million in fresh capital, comprising $550 million from Saudi Arabia's Public Investment Fund (PIF) and $200 million from an Uber subsidiary.
Photo by Paul Hanaoka on Unsplash
The launch of the robotaxi service in Texas is slated for mid-2027, with dozens of more cities in the pipeline. The expansion into Houston follows the establishment of a base in the San Francisco Bay area, where Uber is poised to launch commercially later this year. Autonomous testing on the road is already underway in Houston.
Uber boasts of a massive robotaxi engineering fleet spanning 100 vehicles across California and Texas. The ride-hailing giant has also secured a 50,000-square-foot facility in Houston to serve as the program's operational depot for charging, maintenance, repairs, and cleaning.
The announcement comes on the heels of Lucid securing $750 million in fresh capital, comprising $550 million from Saudi Arabia's Public Investment Fund (PIF) and $200 million from an Uber subsidiary.