Lucid Misses Q1 2026 Delivery Targets as Gravity SUV Hit by Supplier Recall
Lucid delivered fewer cars than expected due to a recall and supply issues, slowing sales and highlighting ongoing EV production challenges.
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#Event-Driven Stocks↓
Oracle Strengthens Finance Team with New CFO from Schneider Electric
Oracle names Hilary Maxson as CFO; her experience in large, capital-heavy businesses fits Oracle’s fast-growing cloud and AI needs. Barclays views the appointment as 'prudent.'
Playtika Launches Strategic Review to Boost Shareholder Value
Playtika is reviewing ways to grow its value, with expert advice, but no decision yet on selling, merging, or making changes.
Microsoft Announces $10 Billion AI Push in Japan, Sakura Internet Stock Soars
Microsoft plans a $10 billion investment in AI and cybersecurity in Japan over 4 years. Sakura Internet stock jumps 20% as it becomes the local AI partner.
AOI Scores $71 Million New Order for 800G Data Center Transceivers
AOI got a $71M order for 800G transceivers, doubling recent sales; shipments start Q2 2026 for AI & cloud data centers.
GM Sales Drop Nearly 10% as High Prices and Gas Costs Hit Buyers
GM sales fell 10% in Q1 2026 due to high 2025 sales, storms, and pricey cars; some SUVs did well, EVs dropped 28%.