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NASDAQ:LCID 7 February 2026 - 20 July 2026

Lucid (NASDAQ:LCID) slump wipes out almost $1 billion, nearly equal to April funding

Lucid (NASDAQ:LCID) slump wipes out almost $1 billion, nearly equal to April funding

Lucid Group gave up around $948 million in market cap Tuesday after a report said its restructuring adviser was looking at a sale to private owners or a possible bankruptcy filing. That drop is close to 90% of the $1.05 billion capital package it announced in April, based on its last reported share count. The numbers aren’t a direct match, but they show investors moved fast to slash the value of Lucid’s new funding buffer.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 03.05.2026

LIVEMarkets rolling coverageStarted: May 3, 2026, 12:00 AM EDTUpdated: May 3, 2026, 11:59 PM EDT Stock Market Update May 4, 2026: Gift Nifty Signals Gap-Up; Key Q4 Results and Election Outcomes in Focus May 3, 2026, 11:59 PM EDT. The Indian stock market fell sharply on May 3, with Nifty 50 dropping 180 points to close at 23,997 amid broad sector sell-offs led by metals, realty, and FMCG. However, the Gift Nifty futures index signaled a gap-up start for May 4, trading roughly 120 points higher early in the session. This positive momentum aligns with improving sentiment in Asian markets.
Uber’s $10 Billion Robotaxi Bet Marks Sharp Shift as Self-Driving Race Heats Up

Uber’s $10 Billion Robotaxi Bet Marks Sharp Shift as Self-Driving Race Heats Up

UPDATE April 15, 2026, 22:35 - Uber has deepened its robotaxi push, committing more than $10 billion to autonomous vehicles and related partnerships, marking a clear shift away from its asset-light model toward owning fleet capacity. The company is working with partners including Lucid, Rivian and Baidu, with plans to deploy robotaxi services in up to 28 cities by 2028, while expanding pilot programs in U.S. markets. Recent deals—such as increasing orders for tens of thousands of vehicles and additional equity investments—underscore a broader industry acceleration as competition with players like Waymo and Tesla intensifies.
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