BusinessTechnology Rivian beats quarterly revenue estimates on higher-priced EV sales The Cheap InvestorMay 9, 2023May 9, 20230 By Akash Sriram (Reuters) -Rivian Automotive Inc on Tuesday beat Wall Street estimates for quarterly revenue as it sold more…
BusinessUS Tesla says its Texas factory hits output of 5,000 Model Ys per week The Cheap InvestorMay 9, 2023May 9, 20230 BERKELEY, California (Reuters) – Tesla said on Tuesday that its Texas factory achieved production of 5,000 Model Y vehicles per…
BusinessTechnology Airbnb forecasts fewer bookings, lower prices in Q2; shares slump The Cheap InvestorMay 9, 2023May 9, 20230 By Priyamvada C and Doyinsola Oladipo (Reuters) -Vacation rental booking company Airbnb Inc said on Tuesday that it expected fewer…
BusinessEconomy Wall Street closes down as focus shifts to inflation data, debt talks The Cheap InvestorMay 9, 2023May 9, 20230 By Carolina Mandl and Caroline Valetkevitch NEW YORK (Reuters) – U.S. stock indexes closed lower on Tuesday as investors grew…
BusinessEconomy Cryptoverse-Tether gets a lift from stability doubts The Cheap InvestorMay 9, 2023May 9, 20230 By Tom Wilson and Vidya Ranganathan (Reuters) – Digital stablecoin tether is winning the race for the title of the…
AsiaBusiness Automakers say proposed US emissions rules pose challenges The Cheap InvestorMay 9, 2023May 9, 20230 By David Shepardson WASHINGTON (Reuters) – An auto trade group warned on Tuesday that aggressive U.S. targets for reductions in…
BusinessEconomy Writers’ strike freezes ‘Handmaid’s Tale,’ ‘Game of Thrones’ spinoff The Cheap InvestorMay 9, 2023May 9, 20230 By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) – (This May 8 story has been corrected to say that…
Business Occidental Petroleum quarterly earnings down 48%, misses estimates The Cheap InvestorMay 9, 2023May 9, 20230 By Sabrina Valle and Sourasis Bose HOUSTON (Reuters) -U.S. oil and gas producer Occidental Petroleum Corp on Tuesday reported a…
BusinessEconomy Lackluster results, production target cuts deepen EV start-up gloom The Cheap InvestorMay 9, 2023May 9, 20230 By Tiyashi Datta and Abhirup Roy (Reuters) -EV makers Fisker Inc, Nikola Corp and Lucid Group disappointed investors with dull…
BusinessUS Goldman Sachs to pay $215 million to end gender bias lawsuit The Cheap InvestorMay 9, 2023May 9, 20230 By Saeed Azhar and Jonathan Stempel NEW YORK (Reuters) – Goldman Sachs Group Inc agreed to pay $215 million to…