TLDR

MARKET RECAP → Stocks edged up slightly on Tuesday, recovering from earlier losses as investors weighed ongoing concerns about rising interest rates while sifting through this week’s earnings reports.

IMF DECLARES INFLATION BATTLE NEARLY WON → The IMF says global inflation is cooling, but warns rising risks like market volatility and geopolitical tensions could still upset the global economy. 🌍

LUCID CEO DEFENDS $1.75 BILLION CAPITAL RAISE → Lucid (LCID) raised $1.75 billion through a public offering last week, but the stock tumbled 18% as investors were caught off guard. CEO Peter Rawlinson called the move a strategic necessity to fund growth, with capital secured until 2026. Concerns about share dilution arose, but Rawlinson emphasized continued support from the Saudi PIF.

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MARKETS

Today’s S&P 500 Heatmap

Notable Earnings This Week

TODAY’S TOP NEWS

IMF Declares Inflation Battle Nearly Won, Warns Of Risks

📉 The IMF reported that global inflation is expected to drop to 3.5% by the end of 2025, from 5.8% in 2024, marking significant progress in the fight against rising prices.

💡 However, the IMF flagged potential threats to global growth, including market volatility, commodity price spikes, and geopolitical tensions.

⚠️ While inflation progress is notable, challenges remain, particularly for lower-income nations already grappling with sovereign debt and vulnerable to future shocks.

TODAY’S TOP NEWS

Lucid CEO Defends $1.75 Billion Capital Raise

🚗 Lucid (LCID) raised $1.75 billion in a public offering last week, sparking a stock drop of nearly 18%. CEO Peter Rawlinson called the move a strategic necessity to support growth and operations.

📉 Investors were caught off guard by the timing, despite Lucid’s previous Saudi PIF investment. Analysts raised concerns about dilution and the company's financial health.

🛠 Rawlinson emphasized the long-term investment in plants and new models, saying the capital raise secures operations through 2026, with no reason for concern.

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