The Happiest Place On Earth? Not For 7,000 Disney Employees As They Begin First Round Of Layoffs [Forbes]
Lucid Group, Inc. (LCID)
Company Research
Source: Forbes
(Photo by Robyn Beck / AFP) (Photo by ROBYN BECK/AFP via Getty Images)Key takeawaysDisney is in the doldrums. With a less-than-stellar earnings call last month and mass layoffs planned, CEO Bob Iger has a big job on his hands before a new chief executive is appointed in 2025.The embattled House of Mouse shared an internal memo this week detailing how the job cuts would pan out across the business, with the metaverse team being one of the first casualties. But the move and Disney’s planned $5.5 billion cost-savings plan might not be enough to sway Wall Street.While Disney’s short-term future looks bleak, it’s not necessarily out for the count. We’ve gone into what the company faces and whether it can pull off the epic turnaround needed to gain back investor confidence.A fluctuating market is risky, but rewarding. It’s the same principle for Q.ai’sEmerging Tech Kit, which harnesses AI technology to predict performance and volatility across tech stocks, ETFs and crypto to stay ahead of t
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News
- Why Lucid Group (LCID) Outpaced the Stock Market Today [Yahoo! Finance]Yahoo! Finance
- Lucid Stock Has 14% Upside, According to 1 Wall Street Analyst [Yahoo! Finance]Yahoo! Finance
- S&P, Nasdaq futures advance on tech boost, earnings cheer [Yahoo! Finance]Yahoo! Finance
- Why Electric Vehicle and Battery Stocks Zoomed Higher Today [Yahoo! Finance]Yahoo! Finance
- Why Lucid Stock Is Stuck in Reverse Today [Yahoo! Finance]Yahoo! Finance
LCID
Earnings
- 2/21/24 - Miss
LCID
Sec Filings
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- 4/11/24 - Form 4
- LCID's page on the SEC website