When Microsoft reports its quarterly results on Tuesday after the close, it will be the largest company to report earnings so far this quarter. The software giant dominates on multiple levels of enterprise and consumer spending. It generates better operating margins than all of FAANG, is forecast to generate double-digit earnings and revenue growth for the next several years, and the stock price has now suffered its largest decline since the Great Recession. Read More...
Benzinga
Lucid Group Opens First Studio In Middle East
Lucid Group Inc (NASDAQ: LCID) has opened its first Studio in the Middle East, located in Riyadh, Saudi Arabia. The retail space will invite customers to experience the brand and its products in the heart of Riyadh’s Al Nakheel District. Earlier in 2022, Lucid announced plans for a full production factory at King Abdullah Economic City (KAEC) in Saudi Arabia. At its peak, the company expects to manufacture up to 155,000 vehicles per year at the KAEC facility. In April 2022, Lucid announced an ag
