The Cheap Investor

Putin praises Trump, says Russia is ready for dialogue

By Vladimir Soldatkin and Guy Faulconbridge SOCHI, Russia (Reuters) -Russian President Vladimir Putin on Thursday congratulated Donald Trump on winning the U.S. election, praised him for showing courage when a gunman tried to assassinate him, and said Moscow was ready for dialogue with the Republican president-elect. In his first public remarks since Trump’s win, Putin…

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Cummins posts quarterly profit beat on strong demand for power products from data centers

(Reuters) – Cummins Inc beat third-quarter profit estimates on Tuesday, due to robust demand for its power generation products from data centers, sending the shares of the company up more than 4% in pre-market trading. Rising demand from the technology industry’s energy-hungry AI data centers has bolstered the results of power solution providers in recent…

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Moderna CEO Bancel steps down as sales chief, Bloomberg News reports

(Reuters) -Vaccine maker Moderna’s chief executive officer Stephane Bancel will vacate his role as the company’s chief commercial officer, Bloomberg News reported on Tuesday citing one person familiar with the matter. The company’s president Stephen Hoge will take charge of sales as well as medical and research affairs, according to the report. Bancel will remain…

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