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

General Catalyst is swiftly widening its global footprint. On the heels of acquiring two smaller venture firms in India and ...

BRICS just dropped the demo of its long-awaited payment system, BRICS Pay. This new payment system is rolling out as the ...

Mastercard has partnered with noon Payments, one of the biggest payment service providers in the Middle East and North Africa ...

Lucid's stock is overvalued with a 2024 sales ratio of 9.2x, and profitability remains years away, making it a high-risk ...

Football Insider has been told by Keith Wyness that Newcastle owners PIF may move to take a stake in DAZN to further their boxing interests.

(Reuters) -Electric vehicle maker Lucid Group said it anticipates to report a bigger-than-expected loss for the third quarter ...

Jimmy Dunne, the Wall Street deal maker who helped architect the PGA Tour’s controversial deal with the Saudi Arabian Public ...

Netherlands coach Ronald Koeman underestimates the quality of the Saudi Pro League, Al Hilal CEO Esteve Calzada said on ...

Lucid Group (LCID) recent stock offering underscores the company's continue reliance on Saudi funding. Read more here.

Shares of luxury electric car manufacturer Lucid (NASDAQ:LCID) fell 19.5% in the morning session after the company announced ...

Lucid Group's (NASDAQ:LCID) stock took a hard hit on Thursday, dropping more than 15% after the company announced a major ...