
Lucid Misses Wall Street Expectations on Q2 2023 Financial Results, LCID Shares Up 3% After Hours
Lucid announced revenue of $150.9 million in Q2 2023 driven by customer deliveries of 1,404 electric vehicles.
Lucid announced revenue of $150.9 million in Q2 2023 driven by customer deliveries of 1,404 electric vehicles.
Palantir Technologies announced a 13 percent increase in Q2 2023 revenue to $533 million and also reported its third consecutive quarter of GAAP profitability.
Berkshire Hathaway has reported an astounding $26 billion unrealized gain from its investments.
Analysts expect that the Vision Fund investment arm of SoftBank Group turned a profit and might announce as much in its upcoming report.
Hua Hong’s triumphant market debut stands as a resounding testament to China’s unyielding commitment to attaining self-reliance in the chip and semiconductor industry.
Despite the revenue drop during the second quarter, Saudi Aramco declared a $19.5 billion dividend payout to shareholders.
Though subdued, it was a positive all-round performance for the crypto market in Q2 2023.
Saudi Arabia’s investment fund has reported a heavy loss worth billions of dollars from economic factors that reduced its many investments.
It is not clear what can be considered ‘unfairly treated.’ Besides, it is yet to be explained how to ask for assistance.
Nikola’s second-quarter results not only revealed insights into its financial situation but also demonstrated the company’s aggressive measures to strengthen its financial base.
Alphabet sold 90% of its Robinhood stake after the trading app announced a profit for the first time as a public company.
One of the standout aspects of Block’s financial report is its strategic approach to Bitcoin investments.
From October 3, customers in the US will no longer be able to use Revolut to buy, sell, or hold any cryptocurrencies.
Securing this license would mean that TikTok would be directly competing with big e-commerce companies like Shopee and Lazada in Southeast Asia.
Amid muted global macroeconomic growth and mounting pressure from higher interest rates, Maersk revised its profit forecast for the whole year.