Business

Uber to invest $300 million in EV maker Lucid as part of robotaxi deal – Reuters

Uber to invest $300 million in EV maker Lucid as part of robotaxi deal  Reuters Uber, Lucid partner on new robotaxi service, taking on Waymo and Tesla  Yahoo Finance Stock Movers: Lucid, Starbucks, Steve Madden  Bloomberg.com Uber to buy at least 20,000 luxury robotaxis from Lucid  Axios Uber Technologies, Inc. – Lucid, Nuro, and Uber Partner on Next-Generation Autonomous Robotaxi Program  Uber Investor Relations Source …

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Homebuilders are slashing prices at the highest rate in 3 years

Homebuilders are slashing prices at the highest rate in 3 years

A construction worker carries a sheet of OSB sheathing as he builds a roof on a residential homes in Irvine, California, U.S., March 28, 2025.  Mike Blake | Reuters The nation’s homebuilders continue to see weakening demand from potential buyers concerned about the broader economy. As a result, they are cutting prices at the highest rate in three years, according …

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TSMC Stock Soars After Q2 Profit Jumps 60% on AI Chip Surge

TSMC Stock Soars After Q2 Profit Jumps 60% on AI Chip Surge

July 17 – Shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) climbed about 4% in pre?market trading Wednesday, driven by stronger?than?expected second?quarter results. TSM posted net profit of NT$398.27 billion or $2.47 per ADR, up 61% from $1.48 a year earlier, while revenue rose 38.6% to $31.7 billion, topping its own guidance of $29.2 billion. The foundry credited robust demand for artificial …

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Jaguar Land Rover to cut up to 500 UK management jobs

Jaguar Land Rover to cut up to 500 UK management jobs

Jaguar Land Rover (JLR) is to cut up to 500 management jobs in the UK, as the carmaker faces pressure on sales and profits from US trade tariffs. JLR said it would launch a voluntary redundancy scheme, and that the cuts were not expected to exceed 1.5% of its British workforce. The firm described the move as “normal business practice”. …

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Jobless claims drop for fifth straight week to lowest level since April – MarketWatch

Jobless claims drop for fifth straight week to lowest level since April  MarketWatch Fewer Americans file for jobless benefits last week as layoffs remain at historically healthy levels  AP News US weekly jobless claims fall; job growth appears steady in July  Reuters US Initial Jobless Claims Decline for a Fifth Straight Week  Bloomberg Alert: The number of Americans filing for unemployment benefits fell to …

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US Retail Sales Surge in Broad Advance, Topping Estimates – Bloomberg

US Retail Sales Surge in Broad Advance, Topping Estimates  Bloomberg Retail sales jumped more than expected last month  CNN Retail sales snap back after tariffs are dialed down. Economy still expanding at decent pace.  MarketWatch US retail sales beat expectations in June  Yahoo Finance Retail sales jump after spring pullback in shopping  Axios Source link

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Client Challenge

Client Challenge

Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link

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