Lucid Q3 Deliveries Fall 6.7% to 3,806 Amid Production Cuts
Lucid delivered 3,806 vehicles and produced 2,954 in Q3 2026, cutting factory output to liquidate inventory as part of its $1.4B cash flow turnaround plan.
stock market
C.H. Robinson to Buy RXO in $5.8B Cash and Stock Deal
C.H. Robinson is acquiring logistics provider RXO in a $5.8 billion cash-and-stock deal offering a 29% premium and targeting $300 million in cost synergies.
Cal-Maine Foods Swings to Q1 Loss as Egg Prices Fall 59%
Cal-Maine Foods reported a Q1 FY2027 net loss of $58.6M as conventional egg prices fell 59%, triggering a dividend suspension under its variable payout policy.
ESCO Technologies Closes $2.3B Megger Group Buyout
ESCO Technologies closed its $2.3B buyout of Megger Group, funding the deal with $922M in cash, 5.1M shares, and $1.0B in new credit facilities.
Berkshire Expands Lennar Stake to 11.2% in $2.1B Bet
Berkshire Hathaway increased its Lennar stake to 11.2% ($2.1B), aggressively buying into the homebuilder selloff despite 7.3% mortgage rates and analyst downgrades.
Nano Nuclear to Buy NRC Fuel Processing Assets for $13.5M
Nano Nuclear agreed to acquire NRC-licensed fuel assets and patents from Radnostix for $13.5M, expanding its vertical microreactor fuel supply chain.
Rivian Q3 Deliveries Surge 58% to 19,248, Reaffirming Guidance
Rivian delivered 19,248 electric vehicles in Q3 2026, up 58% sequentially, as production reached 19,751 units and full-year guidance was reaffirmed.
Tesla Q3 Deliveries Hit 486,532 to Beat Consensus
Tesla delivered 486,532 vehicles in Q3 2026, beating estimates as deliveries outpaced production by 22,141 units and energy storage reached 13.7 GWh.
Ford Q3 Sales: F-150 Snag Spares Full-Year EBIT Guidance
Ford reported 509,764 U.S. vehicle sales in Q3 2026 and confirmed an F-150 supplier snag is containable within its $10B-$11B full-year adjusted EBIT guidance.
September Jobs Add Just 29,000: Stocks Jump as Yields Slide
U.S. employers added 29,000 jobs in September while unemployment rose to 4.2%, cooling Fed rate hike fears and sparking a rally in stock index futures.