Lucid reports Q1 net loss of $685 million and revenue of $173 million as cash burn continues Lucid's net loss was an improvement over the $780 million loss in the first quarter of 2023, but the company's stock price sank 7.5 percent in after-hours trading Monday to $2.82 per share. 05/6/2024 - 2:11 pm | View Link
Canada Post Reports $748 Million Loss As Market Share Declines Canada Post has reported a $748 million loss for 2023 and warned of more red ink ahead as it continues to lose market share in the highly competitive parcel segment. A Crown corporation that is ... 05/6/2024 - 2:16 am | View Link
The Petrobras Absurdity: Yield Exceeds P/E Petrobras stock currently has a 7% dividend yield and a low P/E ratio of 4x. Read why I continue to be bullish on PBR stock. 05/5/2024 - 2:33 am | View Link
Cloudflare reports wider first-quarter operating loss, shares slide Cloudflare reported wider first-quarter operating loss on Thursday as sales and marketing costs jumped in the period, sending shares down 12% in trading after the bell. 05/2/2024 - 9:05 am | View Link
Paramount Narrows Streaming Loss 44% to $286 Million, Tops 71 Million Subscribers Paramount continued to make progress towards streaming profitability in the first quarter of 2024, narrowing losses in its direct-to-consumer division by 44% to $286 million. The media conglomerate ... 04/30/2024 - 3:16 am | View Link
"Human beings had a play-based childhood from time immemorial," says author Jonathan Haidt. What caused teen mental health decline is "between 2010 and 2015, phones, screens come sweeping in The most important thing that parents can do is delay the age at which their child gets immersed in internet culture."
Fareed hosts a spirited debate on the House bill that could lead to a US ban on TikTok, with the American Enterprise Institute's Kori Schake and Glen Gerstell, former general counsel for the National Security Agency. They discuss national-security risks the Chinese-owned app might pose given its many American users.
A new government report warns that advanced Artificial Intelligence systems could pose an "extinction-level threat" to humans, and that the US must intervene. "I think we should be mindful of it," says Ret. Admiral James Stavridis. But he adds, "there have been big inventions in the past - the printing press, electricity, the internet - all of these have been a decried for the possibility of nefarious activity."