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Wall Street set for a green day as Fed rate hike eases inflation fears
Proactive2d agobearish
Wall Street set for a green day as Fed rate hike eases inflation fears

US stocks rose in premarket trading on Thursday as oil prices edged lower and Wednesday's interest rate hike offered some reassurance that the Federal Reserve was working to contain inflation. Futures on the Dow Jones Industrial Average rose 0.7%, while those on the S&P 500 gained 0.8%....

Bloomberg48d agobearish
Banks Offload Risk from Leveraged ETFs With Exotic ‘Crash Puts’

(Bloomberg) -- Leveraged ETFs that offer the tantalizing prospect of doubling or tripling the daily returns of an individual stock are famously risky for investors who buy them. Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedSingapore's Gated Island for the Rich Is Marred by Decayed HomesIndia’s Family Offices Embrace Profit-Sharing to Attract Top TalentBessent Joins Japan to Help Reverse Months of Yen LossesSaudi Prince Concerned Over Trump’s Iran Strike Plan: Axios

Down 99%, popular EV stock is ripe bankruptcy candidate
TheStreet55d agobearish
Down 99%, popular EV stock is ripe bankruptcy candidate

Electric vehicles were supposed to be the future of the auto industry. For one Saudi-backed automaker, the future is starting to look a lot like a balance sheet crisis. Lucid Group has burned through billions of dollars in cash, missed delivery targets, and just replaced most of its executive ...

Bloomberg64d agobearish
Lucid Shares Shake Off Bankruptcy Fears to Rebound from 57% Rout

(Bloomberg) -- Lucid Group Inc., the electric-vehicle maker, said it isn’t considering a bankruptcy, and so far, the market believes it.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model That Narrows Gap With US FirmsThailand Scraps Plan to End Visa-Free Entry for Indian TouristsThe Saudi-backed company i

Struggling EV maker reels as Chapter 11 bankruptcy rumors swirl
TheStreet65d agobearish
Struggling EV maker reels as Chapter 11 bankruptcy rumors swirl

Rumors used to die quietly. Now they move markets before a company can even pick up the phone, and the bill lands in your brokerage account long before the truth catches up. That is the tax every owner of a speculative stock pays, whether they budget for it or not. The electric vehicle business has ...

Bloomberg66d agobearish
Lucid Sinks on Report EV Maker’s Considering Possible Bankruptcy

(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

Investing.com89d agobearish
Lucid Group cuts 18% of US workforce, stock slides

Investing.com -- Lucid Group (NASDAQ:LCID) announced Monday it will reduce its U.S. workforce by approximately 18% and that Chief Operating Officer Marc Winterhoff has departed the company.

Citi Cuts Lucid Price Target to $14: Q1 Miss, Pulled Guidance Test the Saudi-Backed EV Maker
24/7 Wall St.127d agobearish
Citi Cuts Lucid Price Target to $14: Q1 Miss, Pulled Guidance Test the Saudi-Backed EV Maker

Citi just trimmed its price target on Lucid Group (NASDAQ:LCID) to $14 from $17, while keeping a Buy rating. Analyst Michael Ward cited the company’s Q1 2026 miss and the withdrawal of its 2026 outlook, but argued the medium-term thesis remains intact. For long-term investors, the price target cut reads as a sobering near-term recalibration ... Citi Cuts Lucid Price Target to $14: Q1 Miss, Pulled Guidance Test the Saudi-Backed EV Maker