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LCID Aug 2026 2.500 call
- Yahoo Finance Video
Ether ETF approved, Live Nation antitrust suit: Morning Brief
After an eventful week compounded by Nvidia's (NVDA) fiscal first-quarter earnings, the major market averages (^DJI, ^IXIC, ^GSPC) are hoping to end the week on a high note and claw back some gains ahead of the Memorial Day Weekend. Morning Brief Hosts Seana Smith and Brad Smith walk investors through the top stories moving stocks in Friday's trading day, kicking off the session with Truist Co-Chief Investment Officer and Chief Market Strategist Keith Lerner who compares the market sway of Nvidia's latest earnings to that of inflation data or the Federal Reserve's monetary policy. The Securities and Exchange Commission (SEC) approved ether ETF offerings on Thursday, leading Bloomberg Intelligence ETF Research Analyst James Seyffart to believe ethereum-exposed (ETH-USD) products will have similar success to the spot bitcoin ETFs (BTC-USD) rolled out at the start of 2024, just not on the same scale. Other top trending stories include the latest in the Department of Justice's (DOJ) antitrust suit against concert promoter and ticket seller Live Nation (LYV) and Charter Communications' (CHTR) content distribution deal with Paramount Global (PARA). This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Lucid cutting 400 jobs, about 6% of workforce
Lucid Group (LCID) is cutting 400 jobs, or about 6% of its workforce, as part of a restructuring, according to a filing. The move comes a little more than a year after the EV maker cut 1,300 positions in a bid to cut costs. Lucid is expected to release its Gravity SUV later this year. In the video above, Yahoo Finance's Brad Smith and Seana Smith discuss the challenges Lucid is facing. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
- Barrons.com
Lucid Group Is Cutting 6% of Its Workforce. The Stock Is Down.
The electric-vehicle start-up says the job cuts are part of a restructuring plan to optimize its operating expenses.
