Cable news giant CNN cut about 200 television-focused roles as part of a digital pivot. The cuts amounted to about 6% of the company's workforce. In a memo sent to staff on January 23, CNN's CEO ...

Luxury EV maker Lucid has significant backing from the Saudi government. 24/7 Wall St. sees huge upside for the stock through ...

Lucid reported first-quarter revenue of $235 million, up slightly from the $234.5 million in Q4 2024 and an increase of 35% from Q1 2024. Despite higher sales, the EV maker cut its net loss to $ ...

Stem (NYSE:STEM) +4.5% in early trading Monday after disclosing plans to reduce its global full-time workforce by 27% ... GAAP pre-tax charge in Q2 of $6M-$6.5M, mostly related to severance ...