Lucid stock has dropped rapidly since November, and much of its fall has to do with the company's falling reservations. In its third quarter, although Lucid produced a record number of vehicles, it reported reservations of only around 34,000 cars as of Nov. 7. Customers are clearly canceling their Lucid car orders, perhaps because of the long wait times for delivery even as competition in the industry heats up.
Q1 2024 NewMarket Corp Earnings Call
On Monday, divers with gloved hands gently nestled the self-bred corals from the World Coral Conservatory project among their cousins in Europe’s largest coral reef at the Burgers’ Zoo in the Netherlands. It’s among several projects worldwide seeking to address the decline of coral reef populations, which are suffering from bleaching caused by rising sea temperatures. Corals are central to marine ecosystems, and while these projects won’t stem the tide of damage from human-caused climate change, they are seen as part of broader solutions.
What one local called a “breathtaking” moment of color was seen in the clouds above the town of Oak Harbor, Ohio, on April 25.Alexis M Claybaugh, who recorded this footage, described the phenomenon as “vivid” and “rainbow-colored” and said it lasted for about 10 minutes then, “faded and just disappeared”.Local forecasters said it was likely an example of cloud iridescence.According to the National Weather Service, cloud iridescence is the result of diffraction, “when small water droplets or small ice crystals in cirrus clouds scatter the sun’s light.” Credit: Alexis M Claybaugh via Storyful
The threat of deportation to Rwanda is causing migrants to head for Ireland instead of staying in Britain, Ireland's deputy prime minister told a British newspaper on Friday. British Prime Minister Rishi Sunak's flagship programme to send asylum seekers to Rwanda if they arrive in Britain illegally was approved by parliament earlier this week and the government wants the first flights to take off in 10-12 weeks.
Both men have been remanded in custody and are due to appear at Folkestone Magistrates’ Court on Friday.
During a recent interview, the pop icon and Drew Barrymore both shared massive film roles they had to turn down.
The yen eased to its weakest level in three decades against the U.S. dollar after the Bank of Japan kept interest rates on hold on Friday, leaving markets on edge about possible intervention, especially if hot U.S. inflation data pushes up the dollar. After a two-day meeting, the Bank of Japan left its short-term interest rate target at 0-0.1% and made small upward adjustments in its inflation forecast. BOJ Governor Kazuo Ueda said the weak yen so far has not had a big impact on the inflation trend.
In as astonishing a series of events as I’ve ever witnessed, Scotland has received not one but two pieces of sensational news – news that re-writes everything we thought we knew about the politics of independence.
Several London Underground stations are closed due to workers striking while two Tube lines are halted because of a casualty on the track. Transport for London marked 10 stations on the network at 7am due to the Transport Salaried Staffs' Association action. The union said the action was likely to cause Tube stations to close at the last minute, including into Saturday morning, but Transport for London said there will not be significant disruption.
Discover how Microsoft's strategic focus on cloud and AI technologies drove significant revenue and earnings growth in the third quarter of 2024.
Explore the robust Q1 performance and strategic maneuvers shaping Alexander & Baldwin Inc's future.
STORY: Blinken is due to spend several hours with Wang across closed-door meetings at the Diaoyutai State Guesthouse and a working lunch as the two sides try to maintain progress in ties despite a broad and thorny agenda.As the pair settled into their opening session, Wang told Blinken that the "great ship" of the China-U.S. relationship had stabilized, "but negative factors in the relationship are still increasing and building.""And the relationship is facing all kinds of disruptions. China’s legitimate development rights have been unreasonably suppressed and our core interests are facing challenges," he said.Blinken replied that "active diplomacy" was needed to move forward with the agenda set by President Joe Biden and President Xi Jinping when they met in San Francisco in November."There's no substitute in our judgment for face-to-face diplomacy," Blinken said, adding that he wanted to ensure that "we’re as clear as possible about the areas where we have differences, at the very least to avoid misunderstandings, to avoid miscalculations."
On April 25, over 250 popular musicians signed an open letter to the Senate Commerce Committee demanding reforms to the current live-event ticketing system. The open letter was organized by Fix the Tix, a coalition spearheaded by the National Independent Venue Association and Eventbrite. Musicians who signed the letter include: , Billie Eilish, Dave Matthews and Green Day. "We are joining together to say that the current system is broken: predatory resellers and secondary platforms engage in deceptive ticketing practices to inflate ticket prices and deprive fans of the chance to see their favorite artists at a fair price.”
Discover how AJG's strategic initiatives and market performance drove significant growth in Q1 2024, with detailed insights from the earnings call.
Explore the detailed financial performance and strategic directions of ALSN in the first quarter of 2024, including sales growth, profit margins, and market forecasts.
Discover how AppFolio's focus on AI and new product offerings is driving significant financial and operational improvements.
Severe thunderstorm warning issued for Oklahoma, Logan counties
Prince Harry filmed a message from his California home for the awards ceremony
Discover how KLA Corp surpassed financial expectations and strategized for future growth in the semiconductor industry.
SS&C reports robust revenue and EPS growth, alongside strategic enhancements in product integration and market positioning.
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