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Lucid shares slide as EV maker hires restructuring adviser

Lucid Motors is working with restructuring advisers to turn around its struggling business, while dismissing rumors that it’s considering bankruptcy as “completely false.” Consultant AlixPartners has been engaged to examine all aspects of Lucid’s operations. The carmaker is aiming to optimize its business, cut costs and ensure that the rollout of a new mid-size vehicle…

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Lucid Motors is working with restructuring advisers to turn around its struggling business, while dismissing rumors that it’s considering bankruptcy as “completely false.”

Consultant AlixPartners has been engaged to examine all aspects of Lucid’s operations. The carmaker is aiming to optimize its business, cut costs and ensure that the rollout of a new mid-size vehicle is successful

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1 Comment

1 Comment

  1. @jeremyowens4115

    July 16, 2026 at 7:24 am

    I’d love to see them succeed. Specifically because their styling is top notch. Annnnnnd also because I’m a shareholder 😂

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Bloomberg Technology

Cybersecurity Concerns After OpenAI, Anthropic Tests

Evidence of OpenAI and Anthropic models using deception to carry out unsanctioned hacks has alarm bells ringing. Jordan Robertson explains why researchers shouldn’t be surprised. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:   Get the latest…

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Evidence of OpenAI and Anthropic models using deception to carry out unsanctioned hacks has alarm bells ringing.

Jordan Robertson explains why researchers shouldn’t be surprised.
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Bloomberg Technology

SpaceX exceeds revenue estimates in first earnings report since IPO

SpaceX’s revenue exceeded Wall Street’s expectations in the company’s first quarterly financial report following its blockbuster IPO in June. Ed Ludlow has the info on Elon Musk’s rocket, satellite and AI conglomerate. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…

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SpaceX’s revenue exceeded Wall Street’s expectations in the company’s first quarterly financial report following its blockbuster IPO in June. Ed Ludlow has the info on Elon Musk’s rocket, satellite and AI conglomerate.
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Bloomberg Technology

SpaceX’s AI Push, Uber’s Next Move and Zoox’s Milestone | Bloomberg Tech 8/5/2026

Bloomberg’s Ed Ludlow breaks down SpaceX’s first earnings which revealed massive AI spending, an ambitious Starlink expansion and Elon Musk’s latest bold prediction: a $100 billion annual revenue run rate by year-end. Plus, Uber CEO Dara Khosrowshahi joins to discuss the company’s earnings and its robotaxi ambitions, and Zoox CEO Aicha Evans weighs in on…

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Bloomberg’s Ed Ludlow breaks down SpaceX’s first earnings which revealed massive AI spending, an ambitious Starlink expansion and Elon Musk’s latest bold prediction: a $100 billion annual revenue run rate by year-end. Plus, Uber CEO Dara Khosrowshahi joins to discuss the company’s earnings and its robotaxi ambitions, and Zoox CEO Aicha Evans weighs in on the company’s big commercial milestone of starting to charge for rides in Las Vegas.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:11 – Bloomberg’s Loren Grush on SpaceX’s Earnings Debut
00:04:48 – Edison Yu, Deutsche Bank Head of Global Space & Aerial Mobility
00:11:47 – Dara Khosrowshahi, Uber CEO
00:20:50 – Talking Tech with Yahaira Anand
00:23:36 – Bloomberg’s Ian King on AMD’s Underwhelming 3Q Forecast
00:25:34 – Bloomberg’s Hannah Miller on Paramount’s Surge in 2Q Profits
00:27:33 – Helena Wang, Phillip Securities Research Analyst
00:33:57 – Aicha Evans, Zoox CEO
00:40:01 – Bloomberg’s George Ferguson on SpaceX Taking on Wireless Carriers
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