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Why Lucid's 36% Rally on Uber Deal Could Be a Game-Changer
MarketBeat· 2025-07-22 20:05
Lucid Group Today LCID Lucid Group $3.12 +0.31 (+10.82%) 52-Week Range $1.93 ▼ $4.43 Price Target $2.68 Add to Watchlist Electric vehicle (EV) stock Lucid Group NASDAQ: LCID just had its best day in two and a half years. On July 17, Lucid shares rose more than 36%, putting the stock's total return in 2025 at just under 1%. Get Lucid Group alerts: This comes after the company made a joint announcement with the world's largest ride-sharing company, Uber Technologies NYSE: UBER. The two are forging a significa ...
SAP Quarterly Statement Q2 2025
Prnewswire· 2025-07-22 20:05
/PRNewswire/ -- SAP SE (NYSE: SAP) announced today its financial results for the second quarter ended June 30, 2025. Christian Klein, CEO: WALLDORF, Germany, July 22, 2025 We have delivered yet another quarter of outstanding results. AI innovations such as Joule becoming available "everywhere and for everything" and SAP Business Data Cloud as a powerful accelerator of AI make our portfolio ever stronger. Enterprise operations are about to enter a new era, and SAP is best positioned to benefit from that evol ...
Continuous Profiling for GPUs — Matthias Loibl, Polar Signals
AI Engineer· 2025-07-22 19:46
[Music] Great. Uh, thank you for for coming. Um, I'm going to talk about maximizing GPU efficiency with continuous profiling for GPUs.Um, so what is profiling. Profiling is pretty much as old as programming. I think it was like firstly first first done in like the 1970s.I think some IBM folks were were trying to figure out what was happening on their computers back then. So it's been around basically forever in computer science. And uh what are we doing with profiling. We are profiling um basically uh anyth ...
X @Mike Benz
Mike Benz· 2025-07-22 19:25
RT J Michael Waller (@JMichaelWaller)Washington Post & New York Times ran fake stories on December 9, 2016 that concluded that an Intelligence Community Assessment (ICA) had high confidence that Russia intervened to help Trump win the election. "The Post cited an unnamed US official as saying that this was the "consensus view."Yet when the stories were posted, the intelligence community had not had its meeting yet to provide that "consensus view." The President's Daily Brief had been spiked the day before.T ...
X @Consensys.eth
Consensys.eth· 2025-07-22 19:07
Read our blog to learn how Ethereum is redefining digital trust through Trustware: https://t.co/LIcrzjwBOi ...
X @Balaji
Balaji· 2025-07-22 19:07
The Industrial Revolution improved everyone’s life, in the long run.But in the medium run, it caused the rise of communism, the murder of capitalists, and the advent of world war. Technological advance caused political chaos.Then again, would you prefer no electricity? ...
PulteGroup Stock Gains After Q2 Earnings and Revenue Beat
ZACKS· 2025-07-22 18:51
Core Insights - PulteGroup Inc. reported better-than-expected second-quarter 2024 results, with adjusted earnings and total revenues exceeding the Zacks Consensus Estimate [1][3]. Financial Performance - Adjusted earnings were $3.03 per share, surpassing the Zacks Consensus Estimate of $2.92 by 3.8%, but down from $3.58 in the same quarter last year [3]. - Total revenues reached $4.4 billion, exceeding the consensus mark of $4.37 billion by 0.8%, but decreased 4.3% from $4.6 billion year-over-year [3]. Segment Analysis - Homebuilding segment revenues fell 4.1% year-over-year to $4.3 billion, with home sale revenues also down 4.1% to $4.27 billion [4]. - The number of homes closed decreased by 5.7% to 7,639 units, while the average selling price (ASP) of homes delivered increased by 1.8% to $559,000 [5]. - Net new home orders declined 7.4% year-over-year to 7,083 units, with the value of new orders down 10.8% to $3.89 billion [5][6]. Backlog and Margins - The backlog of homes yet to be closed was 10,779 units, down from 12,982 units a year ago, with potential housing revenues from the backlog decreasing to $6.84 billion from $8.11 billion [6]. - Home sales gross margin decreased by 290 basis points year-over-year to 27%, while SG&A expenses as a percentage of home sales revenues increased by 100 basis points to 9.1% [6]. Financial Services - Revenues from the Financial Services segment dropped 9.4% year-over-year to $101.2 million, with pretax income declining to $43 million from $63 million a year ago [7]. Cash Position - At the end of the second quarter, cash, cash equivalents, and restricted cash totaled $1.27 billion, down from $1.65 billion at the end of 2024 [8]. - Net cash provided by operating activities was $421.7 million, down from $657.3 million in the prior-year period [9]. Market Outlook - CEO Ryan Marshall highlighted challenges in the spring selling season due to high mortgage rates and economic uncertainty, but noted improved consumer sentiment during periods of rate declines [2].
X @Bloomberg
Bloomberg· 2025-07-22 18:42
Ozzy Osbourne, the self-styled Prince of Darkness who helped define heavy-metal music as the singer of Black Sabbath, has died at age 76 https://t.co/lG3H3c6zwl ...
X @Forbes
Forbes· 2025-07-22 18:40
How To Stay Focused At Work When Everything Feels Uncertain https://t.co/ktH3GaErxD https://t.co/ktH3GaErxD ...
Regional bank CEO “excited” about stablecoins in banking #shorts #banking #stablecoin
Bloomberg Television· 2025-07-22 18:35
Tim Spence, chairman, CEO & president of Fifth Third Bank, joins "Open Interest" to discuss the impact stablecoin technology will have on the bank's operations. Congress delivered a watershed victory for the crypto industry last Thursday, passing the first federal legislation to regulate stablecoins and clearing the way for broader use of the technology in everyday finance http://bloom.bg/3GNlHBZ ...