Shares of Lucid Group Inc. fell about 9% in the aftermarket Monday after the electric-vehicle startup reported steeper quarterly losses and tweaked its guidance for the year.

You can do the opposite of a losing strategy and still lose.

One of the biggest near-term risks to the financial system would be if inflation pressures were more stubborn than expected, a Fed report said Monday.

Softer U.S. economic data may point to weaker earnings over the next several months as corporates’ pricing power will erode as inflation cools, while labor costs continue to be a headwind for private sector profits, according to Morgan Stanley’s Michael Wilson. 

Palantir Technologies Inc. delivered a surprise profit for the second quarter in a row Monday, while also topping revenue expectations.

The Fed’s quarterly Senior Loan Officer Opinion Survey has a “100% hit rate” when it comes to foreshadowing recessions, a Wall Street strategist notes.

PacWest said it would build up its capital ratio to withstand turbulence by reducing its dividend.

Virgin Galactic Holdings Inc. sets plans for its first suborbital flight in nearly two years and says commercial service is on track to start in late June.

Lending officers at banks reported that the tightened standards in loans to businesses and consumers in the first quarter, according to the Senior Loan survey.

Regional bank stocks remained under pressure Monday, helping to reinforce calls for policymakers to take steps that will reassure the public.