Lucid widely misses earnings expectations, forecasts continued EV growth in 2026

Lucid widely misses earnings expectations, forecasts continued EV growth in 2026

A Lucid Gravity coming off the line at the company’s factory in Casa Grande, Arizona. Lucid Group reported mixed fourth-quarter results Tuesday as the electric vehicle maker continues to face challenging market conditions and internal struggles. The company widely missed Wall Street’s quarterly earnings expectations, while beating average revenue estimates by roughly 12%. It also…

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Microsoft and SpaceX's Starlink partner on global community internet effort

Microsoft and SpaceX’s Starlink partner on global community internet effort

Elon Musk attends the 56th annual World Economic Forum meeting in Davos, Switzerland, Jan. 22, 2026. Denis Balibouse | Reuters Microsoft on Tuesday announced a collaboration with SpaceX‘s Starlink satellite internet service to expand connectivity across the world. It’s a sign of the software company’s willingness to collaborate with Tesla CEO Elon Musk‘s family of…

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photo reuters file

Gold up Rs3,400/tola despite global pullback | The Express Tribune

KARACHI: Gold prices in Pakistan extended their upward trend on Tuesday, tracking volatility in the international bullion market where prices slipped from a three-week high amid profit-taking and a stronger US dollar, while investors monitored geopolitical tensions between Washington and Tehran and awaited clarity on the US tariff policy. In the local market, the price…

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Epstein files highlight how the wealthy borrow against art collections

Epstein files highlight how the wealthy borrow against art collections

Leon Black, then-CEO of Apollo Global Management, at the Milken Institute Global Conference in Beverly Hills, California, May 1, 2018. Patrick T. Fallon | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future…

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