A Lucid Motors factory in Arizona © Bloomberg Tesla rival Lucid Motors halved its 2022 production target on Wednesday, citing extraordinary supply chain challenges as it tries to ramp up production … [+1605 chars]
Oil prices have fallen to their lowest levels since Russia's invasion of Ukraine as recession fears sent futures tanking 10% in a week. Benchmark US West Texas Intermediate settled 2.1% lower at $88… [+1711 chars]
Take a look at some of the biggest movers in the premarket: Eli Lilly (LLY) The drug maker's stock fell 3.6% in the premarket after it missed estimates with its quarterly results and cut its full-ye… [+2372 chars]
Aug 4 (Reuters) - Beyond Meat Inc (BYND.O) on Thursday lowered its revenue forecast for the year and announced job cuts as rising inflation hurt the company's efforts to make its pricier plant-based … [+1831 chars]
Amgen (AMGN) agreed to buy ChemoCentryx (CCXI) for $3.7 billion on Thursday, leading CCXI stock to rocket. XChemoCentryx is focused on rare and orphan diseases, particularly those in the autoimmune,… [+3034 chars]
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