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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…

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