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Palantir jumps on forecast for profit every quarter in 2023, AI demand

The Cheap InvestorMay 8, 2023May 8, 20230

By Chavi Mehta (Reuters) -Palantir Technologies said on Monday it expects to turn a profit every quarter in 2023, betting…

  • Business
  • Economy

Wall Street ends near flat ahead of inflation data

The Cheap InvestorMay 8, 2023May 8, 20230

By Shreyashi Sanyal, Shristi Achar A and Carolina Mandl (Reuters) – U.S. stocks paused on Monday after a strong rally…

  • Business
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Biden wants airlines to pay passengers in U.S. for lengthy delays

The Cheap InvestorMay 8, 2023May 8, 20230

By David Shepardson and Nandita Bose WASHINGTON (Reuters) -U.S. President Joe Biden on Monday said his administration is writing new…

  • Asia
  • Business

Chinese investment in Europe shifts to greenfield battery projects – report

The Cheap InvestorMay 8, 2023May 8, 20230

By Victoria Waldersee BERLIN (Reuters) – Chinese investment in Europe is shifting from mergers and acquisitions to greenfield projects mainly…

  • Business
  • US

California banking regulator says SVB oversight inadequate

The Cheap InvestorMay 8, 2023May 8, 20230

(Reuters) – California’s financial regulator failed to press leadership at Silicon Valley Bank to address known problems quickly enough before…

  • Business
  • Economy

Yellen says ‘no good options’ if Congress fails to raise debt ceiling

The Cheap InvestorMay 8, 2023May 8, 20230

By Andrea Shalal and David Lawder WASHINGTON (Reuters) – Treasury Secretary Janet Yellen said on Monday that a failure by…

  • Asia
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Marketmind: Investors’ glass still half full

The Cheap InvestorMay 8, 2023May 8, 20230

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Chinese trade and…

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  • Economy

Seven US senators raise concerns about Tesla use of forced arbitration clauses

The Cheap InvestorMay 8, 2023May 8, 20230

By David Shepardson WASHINGTON (Reuters) -A group of seven U.S. senators on Monday questioned Tesla Inc’s use of forced arbitration…

  • Asia
  • Australia

Shares rise, dollar flat ahead of key U.S. inflation data

The Cheap InvestorMay 8, 2023May 8, 20230

By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -A gauge of global equity markets rose and the dollar was…

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PacWest shares pare gains after dividend cut fails to stem market fears

The Cheap InvestorMay 8, 2023May 8, 20230

By Niket Nishant and Chibuike Oguh (Reuters) -PacWest Bancorp shares pared early gains on Monday, dragging down other U.S. regional…

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