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Wall Street set for a green day as Fed rate hike eases inflation fears
Proactive7d agobearish
Wall Street set for a green day as Fed rate hike eases inflation fears

US stocks rose in premarket trading on Thursday as oil prices edged lower and Wednesday's interest rate hike offered some reassurance that the Federal Reserve was working to contain inflation. Futures on the Dow Jones Industrial Average rose 0.7%, while those on the S&P 500 gained 0.8%....

Lucid (LCID)’s Biggest-Ever Recall Hits More Cars Than it Sold All Last Year
Insider Monkey17d agobearish
Lucid (LCID)’s Biggest-Ever Recall Hits More Cars Than it Sold All Last Year

Lucid Group, Inc. (NASDAQ:LCID) is recalling 27,185 of its Air luxury sedans in the U.S. because an exterior lighting circuit could overheat and raise the risk of fire, the National Highway Traffic Safety Administration said on August 28. NHTSA told owners to park outside and away from structures until a fix is deployed and warned […]

Why Lucid (LCID) Stock Is Falling Today
StockStory34d agobearish
Why Lucid (LCID) Stock Is Falling Today

Shares of luxury electric car manufacturer Lucid (NASDAQ:LCID) fell 4.8% in the afternoon session after surging oil prices and rising interest rates weighed on consumer affordability.

Bloomberg53d agobearish
Banks Offload Risk from Leveraged ETFs With Exotic ‘Crash Puts’

(Bloomberg) -- Leveraged ETFs that offer the tantalizing prospect of doubling or tripling the daily returns of an individual stock are famously risky for investors who buy them. Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedSingapore's Gated Island for the Rich Is Marred by Decayed HomesIndia’s Family Offices Embrace Profit-Sharing to Attract Top TalentBessent Joins Japan to Help Reverse Months of Yen LossesSaudi Prince Concerned Over Trump’s Iran Strike Plan: Axios