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Lucid shares tumble following public offering of nearly 262.5 million shares
Shares of Lucid Group dropped by more than 10% during after-hours trading following the electric vehicle startup announcing a public offering of nearly 262.5 million…
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10-year Treasury yield reaches level not seen in more than 15 years
The benchmark 10-year Treasury yield rose Wednesday, reaching its highest level in more than 15 years, as traders weighed fears of…
Trump speaks at auto plant as Republican rivals debate
Haley and Ramaswamy look to build on momentum from first debateHaley and Ramaswamy turned in noteworthy performances at the first…
Uber announces chipmaker executive as new chief financial officer
Uber is getting a new chief financial officer. The rideshare company announced Wednesday that Prashanth Mahendra-Rajah, the CFO of semiconductor…
Mortgage demand shrinks as interest rates hit the highest level in nearly 23 years
Mortgage interest rates just hit a level not seen since the year 2000. As a result, mortgage demand is now…
UAW strikes threaten already vulnerable auto parts suppliers
As the United Auto Workers' strike against Ford Motor, General Motors and Stellantis moves through its second week, the economic…
PlayStation head Jim Ryan is stepping down
PlayStation boss Jim Ryan is stepping down from the company, Sony announced Wednesday. The Sony Interactive Entertainment President and CEO…
Stocks making the biggest moves after hours: Micron, Peloton, Jefferies and more
Check out the companies making headlines in extended trading.Micron Technology — The chip stock slid 4% in extended trading after…
Trump loses bid to recuse judge from federal election case
Former President Donald Trump on Wednesday lost a bid to have a federal judge remove herself from presiding over his…
In latest recall, Hyundai and Kia ask owners of 3.3 million vehicles to park outside due to risk of fire
Owners of about 3.3 million Hyundai and Kia cars and SUVs in the United States should avoid parking in or…
Costco beat on earnings and won Wall Street upgrades. What the pros say to do next
Market Movers rounded up the latest reactions on Costco from investors and analysts. The pros, including Jim Cramer , discussed…
UAW again threatens to expand strikes at Detroit automakers if progress isn’t made by Friday
DETROIT — The United Auto Workers union will announce expanded strikes at General Motors, Ford Motor and Stellantis plants if…
Zuckerberg unveils Quest 3 as Meta tries to stay ahead in the mixed reality headset game
Meta is moving forward in its efforts to dominate the AR world with the new and improved Meta Quest 3.…
CEO of private credit giant Ares says his firm is benefitting from rising rates
With the S&P 500 on pace for its worst monthly performance since December of last year, investors are increasingly turning…
Costco is selling gold bars and they are selling out within a few hours
Costco is well-known as a place to get bargain prices on any variety of items, from food to luggage to…
Oil surges above $94 a barrel for the first time in a year as stockpiles shrink
US oil prices topped $94 a barrel on Wednesday for the first time in over a year, threatening to push…
UAW leader condemns Trump ahead of Michigan visit during union strike
DETROIT – United Auto Workers President Shawn Fain doubled down on his criticism of former President Donald Trump ahead of…
What a stressed commercial real estate market means for these exposed bank stocks
Banks are facing mounting uncertainty as the commercial real estate (CRE) sector continues to struggle. But, tailwinds in our financial…
Autoworkers union may expand its strike again
The United Auto Workers union is preparing to announce a possible expansion of its strike against General Motors, Stellantis and…