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Altria’s earnings top estimates and tobacco company reaffirms full-year guidance

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Altria Group Inc. matched profit estimates for the first quarter, while revenue net of excise taxes squeezed a small beat and the company backed its full-year guidance, reiterating its stance that there will be limited impact from enforcement efforts in the illicit e-vapor market in 2024.

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Lucid sees bigger losses ahead, and its stock drops 12%

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Shares of Lucid Group Inc. fall 12% in the extended session Wednesday after the EV maker called for larger-than-expected operational losses and quarterly revenue that would be slightly ahead of forecast.

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Elon Musk selects Omead Afshar to lead Tesla’s North America, Europe operations: report

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Amid slumping share prices and electric-vehicle demand, Tesla Inc. Chief Executive Elon Musk has reportedly shaken things up at the company’s business in North America and Europe.

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A lot of your personal wealth is tied up in your employer. How to spread out the risk.

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Direct indexing and individualized portfolios can help an investor avoid overexposure to an employer’s stock

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