Lucid gets $1.5 billion cash infusion from Saudi shareholder, beats revenue estimates
Lucid Group said on Monday its largest shareholder, Saudi Arabia’s Public Investment Fund, will inject $1.5 billion in cash, as the electric vehicle maker looks to add new models to its product line.
Palantir raises annual revenue forecast on AI strength; shares surge
Palantir Technologies raised its annual revenue forecast for the second time this year on Monday, the latest sign that the generative AI boom is driving demand for its software services.
$1 trillion wipeout: Market rout punishes megacap tech
The seven most-valuable U.S. tech companies lost a combined $1 trillion in market value at the start of trading on Monday.
Google loses antitrust case over search
Google has illegally held a monopoly in search and text advertising, a federal judge ruled on Monday
Prepare for a new high-volatility market regime
Katie Stockton breaks down the CBOE Volatility Index.
U.S. crude oil falls to six-month low as market sells off on recession fears
Weak economic data in the U.S. sparked a sell-off in equity markets as fears grow that a recession may be looming.
Summer is ‘high season’ for flight delays. Here’s what travelers need to know
Financial compensation for flight delay and cancelation varies by airline.
Warren Buffett’s decision to sell stocks and raise record cash before sell-off sends wake-up call
Many Buffett watchers view the accelerated sale of his top holdings as a pessimistic call on the markets as well as the economy.
Where to generate income and safety during this global asset meltdown
Here is where the pros are nabbing income right now amid the tumultuous market.
Elon Musk revives lawsuit against OpenAI, Sam Altman in federal court
Elon Musk has revived a lawsuit against Sam Altman in federal court, alleging that the Tesla boss was manipulated into co-founding OpenAI.
