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The Cheap Investor

The Cheap Investor

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The Cheap Investor

The Cheap Investor

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2023

Citadel Had Record Revenues For Hedge Fund, Securities Ops In 2022 - WSJ
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Citadel Had Record Revenues For Hedge Fund, Securities Ops In 2022 – WSJ

The Cheap InvestorJanuary 5, 20230

(Reuters) -Kenneth Griffin’s Citadel marked record revenues in its hedge fund and electronic-trading businesses for 2022 despite turmoil in global…

Crypto Lender Genesis Lays Off 30% Of Staff - WSJ
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Crypto Lender Genesis Lays Off 30% Of Staff – WSJ

The Cheap InvestorJanuary 5, 20230

(Reuters) – Cryptocurrency lender Genesis has cut 30% of its workforce in a second round of layoffs in less than…

Walgreens To Pause M&A Deals, Focus On Healthcare Pivot
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Walgreens To Pause M&A Deals, Focus On Healthcare Pivot

The Cheap InvestorJanuary 5, 20230

By Raghav Mahobe and Aditya Samal (Reuters) – Walgreens Boots Alliance said on Thursday it will not strike new deals…

Wall St Drops As Tight Labor Market, Fed Officials' View Fan Rate Fears
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Wall St Drops As Tight Labor Market, Fed Officials’ View Fan Rate Fears

The Cheap InvestorJanuary 5, 20230

By Amruta Khandekar and Ankika Biswas (Reuters) – Wall Street’s main indexes fell sharply on Thursday as fresh evidence of…

Oil Steadies After Biggest Start Of The Year Drop In Decades
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Oil Steadies After Biggest Start Of The Year Drop In Decades

The Cheap InvestorJanuary 5, 20230

By Alex Lawler LONDON (Reuters) -Oil steadied on Thursday in volatile trade after posting the biggest two-day loss for the…

U.S. Weekly Jobless Claims At Four-month Low; Layoffs Drop In December
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U.S. Weekly Jobless Claims At Four-month Low; Layoffs Drop In December

The Cheap InvestorJanuary 5, 20230

WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits dropped to a four-month low last week…

Walgreens Posts Loss On $6.5 Billion Opioid Litigation Charge
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Walgreens Posts Loss On $6.5 Billion Opioid Litigation Charge

The Cheap InvestorJanuary 5, 20230

(Reuters) – Drugstore chain Walgreens Boots Alliance Inc reported a net quarterly loss on Thursday as it took a $6.5…

China Has A 10,000 Euro Cost Advantage In Small EVs, Auto Supplier Says
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China Has A 10,000 Euro Cost Advantage In Small EVs, Auto Supplier Says

The Cheap InvestorJanuary 5, 20230

By Joseph White LAS VEGAS (Reuters) – Chinese automakers can build an electric vehicle (EV) for 10,000 euros ($10,618) less…

Apple Supplier Foxconn Says Output Recovering Despite Revenue Fall
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Apple Supplier Foxconn Says Output Recovering Despite Revenue Fall

The Cheap InvestorJanuary 5, 20230

By Sarah Wu and Yimou Lee TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker, said on Thursday output…

Tesla Sold 55,796 China-made Vehicles In December
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Tesla Sold 55,796 China-made Vehicles In December

The Cheap InvestorJanuary 5, 20230

SHANGHAI (Reuters) – Tesla Inc delivered 55,796 China-made electric vehicles in December, according to the data from China Passenger Car…

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