Business EV maker Lucid expects to raise $1.67 billion from stock sale The Cheap InvestorOctober 17, 2024January 24, 20250 (Reuters) -Cash-strapped electric luxury sedan maker Lucid said on Thursday a combined public offering and private placement of roughly 637…
Business Nvidia hits record high as chip stocks rally on TSMC’s rosy AI-powered outlook The Cheap InvestorOctober 17, 2024January 24, 20250 (Reuters) -Shares of Nvidia hit a record high amid a rally in U.S. chip stocks on Thursday after industry bellwether…
Business Kinder Morgan misses quarterly profit estimates on weak prices, crude volumes The Cheap InvestorOctober 16, 2024January 24, 20250 (Reuters) -U.S. pipeline operator Kinder Morgan fell short of Wall Street estimates for third-quarter profit on Wednesday, weighed down by…
Business Tesla gets green light from German authorities for first stage of plant expansion The Cheap InvestorOctober 15, 2024January 24, 20250 (Reuters) – Tesla came one step closer to achieving its planned doubling of capacity at its plant near Berlin on…
Business TSMC third-quarter profit seen jumping 40% on strong AI chip demand The Cheap InvestorOctober 14, 2024January 24, 20250 By Ben Blanchard and Faith Hung TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used…
Business Elliott takes Southwest fight to shareholders, nominates eight directors The Cheap InvestorOctober 14, 2024January 24, 20250 By Svea Herbst-Bayliss (Reuters) -Elliott Investment Management is taking its fight with Southwest Airlines to investors by calling for a…
Business Meta removes fake accounts in Moldova ahead of presidential election The Cheap InvestorOctober 11, 2024January 24, 20250 By Supantha Mukherjee STOCKHOLM (Reuters) – Meta Platforms Inc said on Friday it had removed a network of group accounts…
Business Apple accused of restricting workers’ Slack, social media use by US labor board The Cheap InvestorOctober 11, 2024January 24, 20250 By Daniel Wiessner (Reuters) – Apple has been accused by a U.S. labor board of interfering with workers’ rights to…
Business Meta’s AI chatbot to be available in new markets including Brazil, UK The Cheap InvestorOctober 9, 2024January 24, 20250 (Reuters) – Meta Platforms said on Wednesday its artificial intelligence chatbot, Meta AI, will be available in 21 new markets,…
Business Factbox-Flawed parts made for Boeing threatened plane safety, Italian prosecutors find The Cheap InvestorOctober 7, 2024January 24, 20250 By Francesca Landini MILAN (Reuters) – Investigators have found that two Italian sub-contractors used cheaper and non-compliant forms of titanium…