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February 2024

  • Uncategorized

GM to invest $150 million in Canadian miner, agrees supply deal

The Cheap InvestorFebruary 15, 2024February 15, 20240

(Reuters) – Canadian miner Nouveau Monde Graphite said on Thursday it has agreed to sign a multi-year supply agreement with…

  • Uncategorized

Exclusive-Biden slashes F-35 jet order 18% in 2025 budget request, sources say

The Cheap InvestorFebruary 14, 2024February 14, 20240

By Mike Stone WASHINGTON (Reuters) -U.S. President Joe Biden wants an 18% cut in the number of F-35 jets the…

  • Uncategorized

Billionaire Peltz’s Trian criticizes Disney’s investment plans in letter to investors

The Cheap InvestorFebruary 14, 2024February 14, 20240

(Reuters) – Billionaire Nelson Peltz’s Trian Fund Management criticized Walt Disney’s investment plans, calling it a “spaghetti against the wall…

  • Uncategorized

Uber hits record high after unveiling first-ever $7 billion share buyback

The Cheap InvestorFebruary 14, 2024February 14, 20240

By Samrhitha A (Reuters) -Uber Technologies shot to a record high on Wednesday after announcing its first-ever buyback of $7…

  • Uncategorized

Bitcoin market cap crosses $1 trillion as buyers flood in

The Cheap InvestorFebruary 14, 2024February 14, 20240

LONDON (Reuters) -The total value invested in bitcoin surpassed $1 trillion on Wednesday for the first time since November 2021…

  • Uncategorized

JetBlue shares soar after Icahn takes 10% stake in airline

The Cheap InvestorFebruary 14, 2024February 14, 20240

By Shivansh Tiwary and Rajesh Kumar Singh (Reuters) -Shares of JetBlue Airways surged on Tuesday after activist investor Carl Icahn…

  • Uncategorized

Wall St ends sharply lower as hot inflation sparks sell-off

The Cheap InvestorFebruary 13, 2024February 13, 20240

By Johann M Cherian, Ankika Biswas and Carolina Mandl (Reuters) -Wall Street’s main indexes tumbled on Tuesday after a higher-than-expected…

  • Uncategorized

NYCB shares drop as rate worries add to CRE exposure risk

The Cheap InvestorFebruary 13, 2024February 13, 20240

By Niket Nishant (Reuters) -New York Community Bancorp shares fell nearly 4% after inflation data on Tuesday on investor worries…

  • Uncategorized

Oil up on geopolitical tension, gains capped by fading Fed rate-cut hopes

The Cheap InvestorFebruary 13, 2024February 13, 20240

By Georgina McCartney Houston (Reuters) -Oil prices settled higher on Tuesday as geopolitical tensions continued in the Middle East and…

  • Uncategorized

NYCB shares end lower as earlier gains evaporate

The Cheap InvestorFebruary 12, 2024February 12, 20240

(Reuters) -New York Community Bancorp shares gave up earlier gains to close with a small loss on Monday, though some…

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