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Lucid Loses $82K Per EV, Rivian Warns Trump Tariffs May Add ‘Couple Thousand Dollars’ To Costs—LCID, RIVN Stocks Fall
Lucid and Rivian shared Q2 earnings call insights: Lucid lost $82,000 per car, Rivian faces impact of Trump tariffs, misses EPS estimates. read more
Anduril Breaks US Solid Rocket Motor Duopoly With Mississippi Facility, Targets 6,000 Motors Annually
Defense technology firm Anduril Industries has officially opened a full-scale solid rocket motor manufacturing facility in Mississippi. read more
Snap Stock Plunges Over 14% After Hours As CEO Evan Spiegel Says Engagement Shifted From Stories To Content Sharing
Snap Inc. shares plunged over 14% after-hours as CEO Evan Spiegel highlighted a shift in U.S. user behavior from story posting to content sharing, amid stagnant daily user growth and evolving engagement patterns. read more
Ray Dalio Warns US Dollar Devaluation May Trigger Gold Standard Comeback: ‘History Shows Us That…’
Ray Dalio warns of historic pattern of currency collapse and recovery, points to potential return to gold-backed US dollar in the future. read more
Why Is Lucid Stock Falling Overnight?
Lucid shares dropped over 8.26% after missing second-quarter estimates and cutting its production outlook. read more
Elizabeth Warren Says Trump Firing BLS Chief ‘Dangerous’ For The Economy: ‘If The Facts Don’t Fit His Story, He’ll Try To Erase Them’
Sen. Warren calls Trump’s firing of BLS head dangerous & undermines faith in govt’s jobs numbers. Trump defends move, says data was rigged. read more
Tom Lee Believes Strategy Could Become The Biggest Company If Bitcoin Hits $1 Million: Michael Saylor Is ‘Changing The Reality’ Of The Stock Market
Financial analyst Tom Lee predicted Tuesday that Michael Saylor-led Strategy Inc. (NASDAQ:MSTR) could become the largest company in the stock market, especially if Bitcoin (CRYPTO: BTC) hit read more
OpenAI Eyes Record $500 Billion Valuation In Employee Share Sale Amid AI Arms Race: Report
ChatGPT maker OpenAI is reportedly exploring a secondary stock sale that could value the artificial intelligence company at $500 billion. read more
Small Cap Stocks See Record Outflows: $80 Billion Pulled In Historic 2025 Rout As Analyst Says — ‘Hard To Keep Up With The Big Boys’
Investors have pulled out a record $80 billion from small-cap stocks so far in 2025, setting the stage for what could be the largest annual outflow in the history of this segment. read more
Vinod Khosla Says This Is GenZ’s Best Bet Against Losing ‘80% Of All Jobs’ To AI In 5 Years
Vinod Khosla believes Gen Z should focus on learning how to learn quickly, not a single profession, as AI will outpace those who don’t. read more