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May 23, 2022

Wall Street Rallies On Back Of Big Tech, Banks
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  • Reuters

Wall Street Rallies On Back Of Big Tech, Banks

The Cheap InvestorMay 23, 20220

By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended higher on Monday as gains from banks and a rebound…

Fed's Daly Says She Does Not Expect A Recession
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Fed’s Daly Says She Does Not Expect A Recession

The Cheap InvestorMay 23, 20220

(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Monday said the U.S. economy has a lot of…

  • AP
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DC sues Zuckerberg over Cambridge Analytica privacy breach

The Cheap InvestorMay 23, 2022May 24, 20220

WASHINGTON (AP) — The District of Columbia on Monday sued Meta chief Mark Zuckerberg, seeking to hold him personally liable…

Zoom Raises Full-year Profit View On Strong Enterprise Demand
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  • Reuters

Zoom Raises Full-year Profit View On Strong Enterprise Demand

The Cheap InvestorMay 23, 20220

(Reuters) -Zoom Video Communications Inc raised its full-year adjusted profit forecast on Monday, betting on robust demand from large businesses…

Spirit Airlines Says Shareholders Unlikely To Vote Against Frontier Deal
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Spirit Airlines Says Shareholders Unlikely To Vote Against Frontier Deal

The Cheap InvestorMay 23, 20220

CHICAGO (Reuters) -Spirit Airlines Chief Executive Ted Christie said on Monday it is unlikely shareholders would vote against its proposed…

Top Anti-inflation Official In Argentina Resigns As Prices Surge
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Top Anti-inflation Official In Argentina Resigns As Prices Surge

The Cheap InvestorMay 23, 20220

BUENOS AIRES (Reuters) – A senior official in Argentina charged with leading government efforts to tame sky-high inflation resigned on…

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Boards for Meta, Twitter face backlash from NY pension fund

The Cheap InvestorMay 23, 2022May 23, 20220

SAN FRANCISCO (AP) — A major New York pension fund that has invested in both Facebook’s corporate parent and Twitter…

Chipmaker Broadcom In Talks To Acquire VMware For $60 Billion -sources
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Chipmaker Broadcom In Talks To Acquire VMware For $60 Billion -sources

The Cheap InvestorMay 23, 20220

By Greg Roumeliotis and Supantha Mukherjee NEW YORK/STOCKHOLM (Reuters) -Broadcom Inc is in talks to acquire cloud service provider VMware…

Zoom Reports Slowest Quarterly Revenue Growth Since Going Public
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Zoom Reports Slowest Quarterly Revenue Growth Since Going Public

The Cheap InvestorMay 23, 20220

(Reuters) – Zoom Video Communications Inc on Monday reported its slowest quarterly revenue growth since the company went public, as…

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Brazil president announces carbon market, thin on details

The Cheap InvestorMay 23, 2022May 24, 20220

RIO DE JANEIRO (AP) — Brazil’s far-right President Jair Bolsonaro has signed a decree that he says will create a…

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