BusinessEconomy Nvidia shorts down $2.3 billion with stock up 25% – S3 Partners The Cheap InvestorMay 25, 2023May 25, 20230 By Caroline Valetkevitch NEW YORK (Reuters) – Short sellers in shares of Nvidia Corp. were down $2.3 billion in mark-to-market…
Business Boeing starts deliveries of reworked 737s, promises pricing discipline The Cheap InvestorMay 25, 2023May 25, 20230 By Abhijith Ganapavaram and Shivansh Tiwary (Reuters) -Boeing Co has started delivering reworked 737 jets from inventory to customers after…
AsiaBusiness Vietnam’s VinFast recalls first batch of US-bound EVs over safety risk The Cheap InvestorMay 25, 2023May 25, 20230 By Phuong Nguyen HANOI (Reuters) -Vietnamese electric vehicle (EV) maker VinFast said it is recalling all of the first batch…
BusinessEconomy Brazil to provide financing to industry, lower auto taxes The Cheap InvestorMay 25, 2023May 25, 20230 BRASILIA (Reuters) – Brazil’s state development bank BNDES will provide 4 billion reais ($799.47 million) in dollar-denominated financing for local…
BusinessPolitics Senators urge Commerce to prioritize national security in chips funding The Cheap InvestorMay 25, 2023May 25, 20230 By David Shepardson WASHINGTON (Reuters) -Two key U.S. senators said on Thursday they want the Commerce Department to prioritize national…
BusinessEconomy Exclusive-Slimmed-down U.S. debt ceiling deal takes shape -sources The Cheap InvestorMay 25, 2023May 25, 20230 By Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) -U.S. President Joe Biden and top Republican lawmaker Kevin McCarthy are edging…
AsiaBusiness Factbox-Volt Typhoon and other Chinese groups accused of hacking the US and others The Cheap InvestorMay 25, 2023May 25, 20230 SINGAPORE (Reuters) – Chinese hacking teams have been blamed by Western intelligence agencies and cybersecurity groups for digital intrusion campaigns…
BusinessEconomy Fed’s Collins open to pausing rate hikes at June meeting The Cheap InvestorMay 25, 2023May 25, 20230 By Michael S. Derby NEW YORK (Reuters) – Boston Federal Reserve President Susan Collins said on Thursday the time may…
BusinessUS American Airlines flags no earnings impact from NEA ruling The Cheap InvestorMay 25, 2023May 25, 20230 (Reuters) – American Airlines Group Inc’s Chief Financial Officer Devon May said on Thursday the court ruling on the Northeast…
BusinessEconomy Viasat wins unconditional EU antitrust approval to acquire Inmarsat The Cheap InvestorMay 25, 2023May 25, 20230 By Foo Yun Chee BRUSSELS (Reuters) – U.S. company Viasat has won unconditional EU antitrust approval to acquire British satellite…