#bankruptcy-risk

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Business
fromwww.theguardian.com
1 day ago

Saks Global CEO steps down as luxury retailer reportedly preparing for bankruptcy

Marc Metrick resigned as Saks Global CEO and executive chair Richard Baker was named successor as the company faces bankruptcy reports and merger-related financial strain.
from24/7 Wall St.
1 week ago

Will Rivian (RIVN) Stock Hit $50 by 2030?

If you missed out on the multi-decade returns of Tesla ( NASDAQ:TSLA) stock, maybe you'll get a second chance with electric vehicle (EV) manufacturer Rivian Automotive ( NASDAQ:RIVN). For the next four to five years, some loyal RIVN stockholders hope to achieve Tesla-like growth. In the most optimistic scenario, Rivian stock would stage a spectacular comeback and rally to $50 by 2030. However, in a more pessimistic scenario, Rivian could run out of money next year and file for bankruptcy. No one knows for sure whether RIVN stock will become a hero or a zero by 2030. Still, you could have a huge winner on your hands with a share position in Rivian, so let's see what's under the hood with this fascinating EV producer.
Business
Tech industry
fromTESLARATI
1 month ago

Luminar-Volvo breakdown deepens as lidar maker warns of potential bankruptcy

Volvo canceled a five-year lidar contract with Luminar, citing failure to meet contractual obligations, while Luminar faces loan defaults, layoffs, potential bankruptcy, and asset sales.
frominsideevs.com
1 month ago

Volvo Bet Big On A Lidar Company. Why Is It Backing Off?

Luminar faces potential bankruptcy as Volvo backs off its promise to make lidar standard in its flagship models. Volvo blamed "limited supply of the lidar hardware." Luminar has already warned investors that it may run out of cash by the end of Q1 2026. Not long ago, Volvo and Luminar seemed like the perfect partnership. The Swedish automaker pushed a safety-first approach that used the startup's laser-based sensors to ensure its vehicles were safer than ever.
Startup companies
Food & drink
from24/7 Wall St.
1 month ago

Beyond Meat Completely Destroyed

Beyond Meat faces severe revenue declines, mounting losses, debt-driven restructuring, and likely insolvency, signaling the company may not survive.
#irobot
fromZDNET
1 month ago
Gadgets

Is iRobot going bust? What to know before buying that Roomba Black Friday deal

fromBusiness Insider
1 month ago
Business

The maker of the Roomba is running out of cash and options. After its failed Amazon deal, iRobot could face bankruptcy.

fromZDNET
1 month ago
Gadgets

Is iRobot going bust? What to know before buying that Roomba Black Friday deal

fromBusiness Insider
1 month ago
Business

The maker of the Roomba is running out of cash and options. After its failed Amazon deal, iRobot could face bankruptcy.

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