Wall Street's advance was driven by strong earnings, a positive retail sales report and increased hopes that the Federal Reserve would be able to deliver a soft landing. The tech sector, however, saw ...

Peter Rawlinson, CEO of Lucid Group, discussed the company's relationship with the Public Investment Fund (PIF) of Saudi ...

Ayar Third Investment Co., a subsidiary of the Public Investment Fund (PIF), intends to buy new shares from US automaker ...

Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital." ...

Lucid Group announced that it priced its underwritten public offering of 262,446,931 shares of its common stock. The public ...

Electric vehicle manufacturer Lucid Motors has said it plans to raise about USD 1.67 billion through a combination of a ...

Cash-strapped electric luxury sedan maker Lucid (LCID.O) said on Thursday a combined public offering and private placement of ...

The company expects to report a loss from operations in the range of $765mn to $790mn for the quarter ended September 30 ...

Lucid, an extremely unprofitable Bay Area carmaker, is grabbing a $1.6 billion lifeline from investors, including the ...

Lucid Motors announced another capital raise via a share sale late Wednesday night as the California-based EV maker seeks ...

Sep. 25, 2024 — Almost everyone knows about HIV. Fewer people know about its relative, HTLV-1. However, HTLV-1 can cause serious illnesses, including cancer. To develop ways to combat this virus ...

Separately, majority stockholder Ayar Third Investment Company, an affiliate of Saudi Arabia's Public Investment Fund, agreed to buy 375 million shares of common stock from Lucid in a private ...