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May 2023

  • Business

Robinhood beats revenue estimates as rate hikes bolster interest income

The Cheap InvestorMay 10, 2023May 10, 20230

By Manya Saini (Reuters) – Robinhood Markets Inc on Wednesday surpassed Wall Street estimates for first-quarter revenue, as the U.S….

  • Business

Occidental to favor buybacks over funding direct air capture plants

The Cheap InvestorMay 10, 2023May 10, 20230

By Sabrina Valle HOUSTON (Reuters) -Occidental Petroleum Corp on Wednesday said it will distribute any excess cash from high oil…

  • Asia
  • Business

US oil lobby blasts EPA emissions cuts plan, California likes it

The Cheap InvestorMay 10, 2023May 10, 20230

By David Shepardson WASHINGTON (Reuters) – The largest U.S. oil and gas trade lobby group said on Wednesday it believes…

US Oil Lobby Blasts EPA Emissions Cuts Plan, California Likes It
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  • Reuters

US Oil Lobby Blasts EPA Emissions Cuts Plan, California Likes It

The Cheap InvestorMay 10, 20230

By David Shepardson WASHINGTON (Reuters) – The largest U.S. oil and gas trade lobby group said on Wednesday it believes…

  • Asia
  • Economy

Debt ceiling battle delays sweeping annual defense policy bill

The Cheap InvestorMay 10, 2023May 10, 20230

By Patricia Zengerle WASHINGTON (Reuters) – U.S. congressional leaders on Wednesday put off debate on the National Defense Authorization Act,…

  • Asia
  • Business

China audits littered with deficiencies, US accounting watchdog finds

The Cheap InvestorMay 10, 2023May 10, 20230

By Chris Prentice and Michelle Price WASHINGTON (Reuters) – A U.S. accounting watchdog found unacceptable deficiencies in audits of U.S.-listed…

  • Business

Beyond Meat expects sharper growth in second half, posts smaller loss

The Cheap InvestorMay 10, 2023May 10, 20230

By Ananya Mariam Rajesh (Reuters) -Beyond Meat said on Wednesday it expects sharper revenue growth in the second half of…

  • Business
  • Technology

Bittrex approved to borrow $7 million bankruptcy loan in bitcoin

The Cheap InvestorMay 10, 2023May 10, 20230

By Dietrich Knauth (Reuters) – Bankrupt cryptocurrency exchange Bittrex Inc received court permission Wednesday to borrow $7 million in bitcoin…

  • Business
  • Economy

Robinhood jumps in extended trade after rev beat, 24-hour trading announcement

The Cheap InvestorMay 10, 2023May 10, 20230

By Stephen Culp NEW YORK (Reuters) – Shares of Robinhood Markets Inc were last up 2.4% in extended trading after…

  • Business
  • Sports

US bankruptcy judge blocks NBA team Phoenix Suns’ new TV deal

The Cheap InvestorMay 10, 2023May 10, 20230

By Dietrich Knauth NEW YORK (Reuters) – A U.S. bankruptcy judge on Wednesday blocked the NBA’s Phoenix Suns from moving…

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