Friday, March 29, 2024
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Lucid, Nikola, Lordstown Motors Suffer Underwhelming EV Production Numbers amid Macroeconomic Constraints

EV makers Lucid, Nikola, and Lordstown saw their stock decline mostly owing to disappointing failures regarding their production figures. Three electric vehicle (EV) startups that went public via special purpose acquisition companies (SPAC) recently fell short of their projected 2022 goals. According to reports, EV companies Lucid Group Inc (NASDAQ:

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Procter & Gamble Reveals Underwhelming Revenue Impacted by Higher Product Prices in Fiscal Q2 2023 Statement

Consumer goods heavyweight Procter & Gamble saw its fiscal Q2 2023 earnings slip but maintained a higher organic fiscal sales growth. Procter & Gamble (NYSE: PG) recently reported declining revenue and profit in its fiscal Q2 2023 earnings statement. On Thursday, the American multinational consumer goods corporation reported total revenue of $20.77 billion.

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Luna Classic, Remnant of Terra Collapse, Drops After Underwhelming Binance Burn Mechanism Data

LUNC is the native token of the Terra Classic blockchain, which imploded this May, wiping out $60 billion in market value; the project’s algorithmic stablecoin lost its peg to the dollar, and LUNC, the token that was supposed to be its stabilizer, fell into hyperinflation. While most crypto developers and

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Don’t Expect Underwhelming Returns to Force Warren Buffett to Retire

Warren Buffett’s highly anticipated annual letter to shareholders is coming out on February 22. The Berkshire Hathaway Chairman and CEO will be turning 90 in August. In 2019 the S&P 500 outpaced Berkshire stock leading critics to say value-investing is dead. Berkshire Hathaway (NYSE:BRK.A) is releasing 2019 annual results

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