Lucid is raising $3 billion via a secondary stock offering, including about $1.8 billion from the Saudi fund that controls the automaker.
This startup wants to curb fast fashion by helping you rent out your closet
The startup By Rotation aims to end the fast-fashion market and challenge clothing rental competitors by helping users rent out their own closets.
Chewy shares surge after earnings beat on top and bottom lines
Chewy shares surged in extended trading after the company beat earnings estimates on the top and bottom lines.
CrowdStrike shares tumble as revenue shows signs of slowing
CrowdStrike reported first-quarter results for its fiscal 2024 year, beating on the top and bottom lines, as China-related cyber concerns mount.
Salesforce raises guidance but sees pressure as customers back away from big consulting deals
Salesforce raised its full-year guidance and reported an earnings and revenue beat, but capital costs were higher than expected.
JPMorgan’s Dimon says other execs at the bank could have booted Epstein when he was a client
JPMorgan Chase CEO Jamie Dimon answered questions for lawsuits accusing the bank of enabling and benefiting from sex trafficking by Jeffrey Epstein.
Nordstrom tops Wall Street’s first-quarter sales expectations, even as shoppers spend less
The high-end department store reaffirmed its full-year outlook and posted a surprise profit on an adjusted basis.
Dollar General shareholders pass proposal to improve worker safety
A shareholder proposal to improve worker safety at Dollar General by conducting an independent audit passed during the retailer’s annual meeting Wednesday.
Nvidia shares pull back after recent surge. Here’s what the pros have to say
Pros on CNBC discussed Nvidia after the stock fell Wednesday.
OPEC+’s mixed messages, recession fears make it too early to buy the dip on our oil stocks
A slide in crude oil prices has weighed on the Club’s three energy holdings.
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