Core Viewpoint - Lucid's stock is experiencing a significant increase of 13.8% amid broader market gains, driven by the announcement of a partnership with Rockwell Automation for its manufacturing plant in Saudi Arabia, although the stock remains down 64% over the past year [1][3]. Group 1: Stock Performance - Lucid's share price rose by 13.8% as of 12:45 p.m. ET, contrasting with a 0.2% gain for the S&P 500 and a 0.1% gain for the Nasdaq Composite [1]. - Despite today's gains, Lucid's stock has decreased by 64% over the last year [1]. Group 2: Partnership with Rockwell Automation - Rockwell Automation announced it will provide technologies to enhance the efficiency of Lucid's manufacturing operations in Saudi Arabia [3]. - The integration of Rockwell's software is expected to improve manufacturing efficiency at Lucid's facility [3]. Group 3: Business Challenges - Lucid continues to face negative gross margins on each vehicle sold, and manufacturing scaling has been slower than anticipated [5]. - The company is still far from achieving the economies of scale necessary to mitigate substantial losses [5].

BofA Securities analyst Wamsi Mohan maintained a Buy rating on Apple Inc AAPL with a price target of $250 Wednesday.Recently, client focus has shifted to the feasibility of manufacturing Apple products, such as iPhones, in the U.S.Mohan noted while Apple can find labor to assemble iPhones in the U.S., a significant portion of the sub-assemblies would still be manufactured elsewhere, assembled in China, and imported to the U.S.Also Read: Analyst Forecasts Tariffs Impact On Apple’s Profit And Highlights 2 Sof ...