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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.
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.”
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.
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.
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.
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.
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.
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.
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.
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.