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May 3, 2022

Australia's ANZ Sees Bigger Margins On Rising Rates, Cash Profit Grows
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  • Reuters

Australia’s ANZ Sees Bigger Margins On Rising Rates, Cash Profit Grows

The Cheap InvestorMay 3, 20220

By Byron Kaye and Sameer Manekar (Reuters) -Australia and New Zealand Banking Group, the country’s No. 4 lender, beat estimates…

Facebook-owner Meta Opens Access To AI Large Language Model
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  • Reuters

Facebook-owner Meta Opens Access To AI Large Language Model

The Cheap InvestorMay 3, 20220

By Elizabeth Culliford (Reuters) – Facebook-owner Meta Platforms Inc is opening up access to a large language model for artificial…

Rise In U.S. Factory Orders Beats Expectations In March
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  • Reuters

Rise In U.S. Factory Orders Beats Expectations In March

The Cheap InvestorMay 3, 20220

WASHINGTON (Reuters) – New orders for U.S.-made goods increased more than expected in March and shipments rose solidly, but supply…

Union Seeks Renewed Talks With Chevron In California Refinery Strike
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Union Seeks Renewed Talks With Chevron In California Refinery Strike

The Cheap InvestorMay 3, 20220

HOUSTON (Reuters) – The United Steelworkers union (USW) seeks this week to renew talks with Chevron Corp over a six-week-old…

Australia's ANZ Sees Improved Margins On Rising Rates, Cash Profit Grows
  • Headlines
  • Reuters

Australia’s ANZ Sees Improved Margins On Rising Rates, Cash Profit Grows

The Cheap InvestorMay 3, 20220

By Sameer Manekar (Reuters) -Australia and New Zealand Banking Group beat estimates for first-half profit on Wednesday, helped by a…

Musk Says Twitter May Charge Slight Fee For Commercial, Government Users
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  • Reuters

Musk Says Twitter May Charge Slight Fee For Commercial, Government Users

The Cheap InvestorMay 3, 20220

(Reuters) -Elon Musk said on Tuesday Twitter Inc will always be free for casual users but may charge a slight…

Oil Gains 1% After U.S. Crude Stocks Signal Tighter Supply
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  • Reuters

Oil Gains 1% After U.S. Crude Stocks Signal Tighter Supply

The Cheap InvestorMay 3, 20220

By Stephanie Kelly (Reuters) – Oil prices rose at the start of Asian trade on Wednesday after industry data showed…

Lyft Offers Lackluster Profit Goal, Sees More Driver Spending; Shares Sink 25%
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  • Reuters

Lyft Offers Lackluster Profit Goal, Sees More Driver Spending; Shares Sink 25%

The Cheap InvestorMay 3, 20220

By Tina Bellon (Reuters) -Lyft Inc on Tuesday gave lackluster targets for operating earnings due to its need to spend…

Cryptoverse: Venture Capitalists Catch Crypto Fever
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Cryptoverse: Venture Capitalists Catch Crypto Fever

The Cheap InvestorMay 3, 20220

By Medha Singh and Lisa Pauline Mattackal (Reuters) – Venture capital is making a big move on crypto in 2022….

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Airbnb posts much smaller Q1 loss, revenue doubles from 2021

The Cheap InvestorMay 3, 2022May 4, 20220

Airbnb sharply narrowed its first-quarter loss to $19 million, as the rebound in travel after two years of pandemic caused…

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