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Explainer-Why are Nvidia’s shares soaring and what is its role in the AI boom?

The Cheap InvestorMay 30, 2023May 30, 20230

(Reuters) – Nvidia Corp soared to a trillion-dollar market value on Tuesday as shares continued to surge after a bumper…

  • Business

Goldman head of sovereign business Powell McCormick moves to merchant bank

The Cheap InvestorMay 30, 2023May 30, 20230

By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -Dina Powell McCormick, the head of Goldman Sachs Group Inc’s sovereign…

  • Business
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Factbox-U.S. debt ceiling deal: Stocks that could benefit

The Cheap InvestorMay 30, 2023May 30, 20230

NEW YORK (Reuters) – Here are some stocks that could benefit, according to analysts at U.S. brokerage BTIG, if U.S….

  • Business
  • Technology

U.S. Supreme Court declines to hear bid to sue Reddit over child porn

The Cheap InvestorMay 30, 2023May 30, 20230

By Andrew Chung (Reuters) – The U.S. Supreme Court on Tuesday declined to hear a bid by child pornography victims…

  • Business
  • US

US Supreme Court rejects Avery Dennison appeal on patent eligibility

The Cheap InvestorMay 30, 2023May 30, 20230

By Blake Brittain WASHINGTON (Reuters) -The U.S. Supreme Court on Tuesday turned away a patent dispute between labeling company Avery…

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  • Economy

Explainer-How could a US debt ceiling default hit regular Americans?

The Cheap InvestorMay 30, 2023May 30, 20230

By Jason Lange WASHINGTON (Reuters) – What could happen on Main Street if Washington’s political showdown over the debt ceiling…

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  • Economy

Exclusive-UniCredit cuts Amundi funds’ share in assets under management – source

The Cheap InvestorMay 30, 2023May 30, 20230

By Valentina Za MILAN (Reuters) – UniCredit has been trimming the proportion of Amundi funds in its total assets under…

  • Asia
  • Business

Daimler CEO: Toyota truck deal will make us less dependent on Chinese market

The Cheap InvestorMay 30, 2023May 30, 20230

HAMBURG (Reuters) – A deal between Daimler Truck and Toyota Motor Corp to combine their truck units in Japan will…

  • Asia
  • Business

Elon Musk kicks off China visit, Tesla expansion in focus

The Cheap InvestorMay 30, 2023May 30, 20230

BEIJING (Reuters) -Tesla Chief Executive Elon Musk on Tuesday kicked off a high-stakes visit to China with a meeting with…

  • Asia
  • Business

Turkish court acquits three people in retrial over Ghosn escape – lawyer

The Cheap InvestorMay 30, 2023May 30, 20230

ISTANBUL (Reuters) – A Turkish court acquitted three people over former Nissan boss Carlos Ghosn’s escape via Istanbul to Lebanon…

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