Nvidia shares popped in after-hours trading as the chip giant posted record revenue and issued upbeat guidance.
Shares of Lucid Group slid nearly 7% in extended trading after the electric vehicle company posted a revenue miss as losses widened. Lucid reported revenue of $157 million in the latest quarter, lower than an LSEG, formerly Refinitiv, estimate of $180 million.
Rivian Automotive 's stock plunged 13% after the company reported steep losses and said it would cut 10% of its salaried workforce. Rivian expects EV production this year to be far lower than Wall Street expected, hurt by downtime for factory upgrades and slowing demand for EVs due to high interest rates. — Yun Li
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock futures inch lower in overnight trading after S&P 500 touches historic 5,000 mark: Live updatesA solid earnings season, easing inflation data and a resilient economy have powered the market rally into 2024, with the S&P 500 up 4.8% on the year.
Read more »
How to Watch Daytona 500 Live For Free 2024: Where to StreamThe race is still on.
Read more »
S&P 500 futures are little changed as investors look to holiday-shortened trading week: Live updatesAll three of the major indexes ended their 5-week winning runs with last week's losses.
Read more »
NASCAR teams tell AP they've hired top antitrust lawyer on eve of Daytona 500NASCAR teams have hired one of the country’s top antitrust and sports lawyers to advise them in their ongoing dispute with the family-owned stock car series over a new revenue-sharing model.
Read more »
William Byron more than 'the other guy' at Hendrick with Daytona 500 winFor at least one night, William Byron was the toast of Hendrick Motorsports and the NASCAR world as he captured his first Daytona 500.
Read more »
Fisker Ocean Limits Launch Control To 500 Uses For The Lifetime Of The EVThe software limiter could have long lasting effects for Ocean owners down the line
Read more »