Tag Archives: CNBC

Lucid misses Wall Street expectations, cuts production guidance again

Lucid also said it has agreed to increase a term loan credit facility from $750 million to roughly $2 billion from Saudi Arabia’s Public Investment Fund.

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New bipartisan bill would require companies to report AI job losses

The AI-Related Job Impacts Clarity Act would require companies and federal agencies to submit quarterly reports of “AI-related job effects.”

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Tesla sales in Germany have cratered from last year, data shows

Elon Musk’s EV maker began selling a new, lower-cost version of its Model Y SUV in Germany during October.

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Op-ed: The fuel for the AI boom driving the markets is advertising. It is also an existential risk.

Joe Marchese, Executive Chairman at Human Ventures, describes a key conundrum facing OpenAI and other AI start-ups as they disrupt the ad tech industry.

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Pinterest plunges 20% after weak results as tariffs drag on ad revenue

Third-quarter sales in the U.S. and Canada came in at $786 million, missing analyst projections.

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TASER maker Axon plunges 17% after earnings fall short due to tariff hit

The TASER maker said its connected devices business felt the biggest pinch from its first full quarter of tariff impacts.

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Fintech Ripple gets $40 billion valuation after $500 million funding

Ripple has pushed into other lines of business including custody of crypto assets, prime brokerage and corporate treasury management.

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How Chinese EV makers are winning in Brazil

China automakers have turned to emerging markets like Brazil to offload their massive supply. Brands including BYD now make up over 80% of EV sales in Brazil.

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Lyft, United Airlines launch loyalty program months after Delta partnership ends

Earlier this year, Lyft dissolved its eight-year partnership with Delta Airlines and brought its loyalty program to ride-hailing competitor Uber.

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Election results, McDonald’s earnings, AI valuation fears and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

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