Lucid Group Passes Ford In Market Cap, Continues To Rally Higher
Lucid Group Inc. (NASDAQ: LCID) shares were trading higher Tuesday after the company announced its third-quarter financial results. Lucid announced that it ended the third quarter with about $4.8 billion in cash.
S&P 500, Nasdaq extend record streaks, with boost from chip, growth shares
- The S&P 500 and Nasdaq rose on Thursday, extending their streaks of record high closes to six sessions, as chipmaker stocks surged following Qualcomm’s strong financial forecast and investors digested the Federal Reserve’s decision to start reducing its monthly bond purchases.The Dow Jones Industrial Average posted a slim loss, ending its streak of record closes at four. Declines in shares of banks JPMorgan Chase & Co and Goldman Sachs Group weighed on the blue-chip index.Financials dropped 1