Lucid Group Inc is an innovative automotive company that specializes in the design, manufacturing, and marketing of electric vehicles (EVs). With a focus on luxury and sustainability, Lucid aims to revolutionize the EV market by offering high-performance vehicles that combine cutting-edge technology, elegant design, and an emphasis on energy efficiency. The company's flagship model, the Lucid Air, showcases advanced features such as impressive range capabilities, fast charging, and a spacious, high-tech interior, positioning Lucid as a significant player in the growing electric vehicle industry. Additionally, Lucid Group is committed to expanding its production capabilities and enhancing the EV ecosystem, contributing to a more sustainable future in transportation. Read More
Shares of luxury electric car manufacturer Lucid (NASDAQ:LCID) jumped 7.3% in the afternoon session after the company announced that all of its Air models will gain access to Tesla's Supercharger network and revealed enhancements for its 2026 vehicle lineup.
Peraso (NASDAQ: PRSO) The Future of mmWave Technology as Takeover Bid Underscores Surging Confidence – More Stocks Inside The unsolicited acquisition offer from Mobix Labs to acquire Peraso Inc. (NASDAQ: PRSO) is sending waves through the tech investment community. More than a financial move, the proposal is a strategic endorsement of Peraso’s mmWave leadership, a technology that continues to gain relevance in defense and commercial sectors. The offer comes as Peraso posts a Q1 revenue of $3.8 million , with mmWave sales already surpassing 2024 totals. Recent contract wins—including a $3.6 million FWA order and military-grade 60GHz system shipments —point to a business in acceleration mode, not desperation. The bid may ultimately be seen as external validation of Peraso’s growth trajectory and IP moat .
Lucid shares jumped after unveiling 2026 Air upgrades, including Tesla Supercharger access via a $220 adapter, to boost charging convenience and preserve range leadership.
