EV maker Lucid closes $1.5 billion raise from the Saudi public wealth fund and other investors
Electric vehicle maker Lucid Group said it has completed a planned $1.5 billion equity offering.
Amazon stock gives up last of its pandemic gains after almost 50% slump in 2022
Amazon shares have been battered this year by a broader market sell-off tied to soaring inflation, a worsening economy, and rising interest rates.
Leo Messi used a ‘growth mindset’ to finally win his World Cup trophy—here’s what that looked like
It took 35-year-old Leo Messi 16 years, and five tries, to win his first World Cup trophy on Sunday, cementing his status as one of the sport’s all-time greats.
Disney shares fall following softer-than-expected ‘Avatar’ opening weekend
Analysts pegged the long-awaited “Avatar” sequel as a box office winner for Disney and are viewing the holiday season as a make-or-break period for the film.
Jan. 6 committee sends DOJ historic criminal referral of Trump over Capitol riot
The Jan. 6 committee’s crminal referral of Donald Trump comes as he seeks the 2024 GOP nomination for president, and as he faces two DOJ criminal probes.
FTX founder Bankman-Fried sent back to Bahamas jail in day of courtroom chaos
Sam Bankman-Fried is returning to a Bahamian prison after demanding to see a copy of his federal indictment.
EU approves measure to limit natural gas prices in effort to combat energy crisis
European Union energy ministers agreed to a “dynamic” cap on natural gas prices Monday after two months of intense negotiations.
Beware these stocks: Analysts see a rough year ahead for these companies
CNBC Pro looked at stocks that are poised to lose the most in 2023 based on the average analyst price target, according to FactSet.
Historic biodiversity agreement reached at UN conference
Negotiators reached a historic deal to protect the world’s lands and oceans at a United Nations biodiversity conference Monday.
Meta could face $11.8 billion fine as EU charges tech giant with breaching antitrust rules
The European Union on Monday issued Facebook parent company Meta with a list of objections over of its online classifieds business, Facebook Marketplace.
