NASCAR’s championship weekend shrouded in off-track drama from lawsuit to alleged race manipulation

NASCAR’s championship weekend shrouded in off-track drama from lawsuit to alleged race manipulation

AVONDALE, Ariz. – NASCAR heads into its championship weekend locked into a federal antitrust lawsuit with NBA Hall of Famer Michael Jordan. Its officiating has been under months-long scrutiny, and this week it issued a wave of hefty fines for alleged race manipulation in the final playoff qualifier. And Truck Series championship contender Ty Majeski … Read more

The sectors — and stocks — to buy in Asia after Trump’s win, according to analysts

The sectors — and stocks — to buy in Asia after Trump’s win, according to analysts

Former U.S. President Donald Trump’s victory over Vice President Kamala Harris in this week’s election has raised questions about how Asia will be impacted. “At face value, Trump 2.0 is bad news for Asia, esp[ecially] China,” analysts at Macquarie Research wrote in a Nov. 7 note, given the president-elect’s plans to raise tariffs and cut … Read more

Lucid (LCID) results Q3 2024

Lucid (LCID) results Q3 2024

Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Justin Sullivan | Getty Images Lucid Group slightly beat Wall Street’s third-quarter expectations as the electric carmaker cuts costs ahead of plans to begin consumer production of a new SUV by the end of … Read more

Rivian (RIVN) earnings Q3 2024

Rivian (RIVN) earnings Q3 2024

Rivian Automotive lowered its earnings forecast for the year after missing Wall Street’s third-quarter expectations, including a significant miss in revenue. Here is how the company performed in the quarter, compared with average estimates compiled by LSEG: Loss per share: 99 cents adjusted vs. a loss of 92 cents expected Revenue: $874 million vs. $990 million expected … Read more