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Datadog raises annual forecast betting on AI-driven cybersecurity demand

The Cheap InvestorNovember 7, 2024January 24, 20250

(Reuters) – Cloud monitoring firm Datadog raised its annual revenue and profit forecasts on Thursday, betting on accelerating demand for…

  • Business

Tesla investors lose bid for new US trial over Musk’s 2018 tweets

The Cheap InvestorNovember 6, 2024January 24, 20250

By Nate Raymond (Reuters) – A U.S. appeals court on Wednesday upheld a jury’s verdict clearing Tesla CEO Elon Musk…

  • Business

Cummins posts quarterly profit beat on strong demand for power products from data centers

The Cheap InvestorNovember 5, 2024January 24, 20250

(Reuters) – Cummins Inc beat third-quarter profit estimates on Tuesday, due to robust demand for its power generation products from…

  • Business

Moderna CEO Bancel steps down as sales chief, Bloomberg News reports

The Cheap InvestorNovember 5, 2024January 24, 20250

(Reuters) -Vaccine maker Moderna’s chief executive officer Stephane Bancel will vacate his role as the company’s chief commercial officer, Bloomberg…

  • Business

Super Micro says cannot predict timing of annual filing; shares down

The Cheap InvestorNovember 5, 2024January 24, 20250

(Reuters) -Super Micro Computer, whose auditor unexpectedly stepped down last week, on Tuesday flagged uncertainty about the timing of its…

  • Business

US green power demand expected to grow regardless of election outcome

The Cheap InvestorNovember 5, 2024January 24, 20250

By Jacob Gronholt-Pedersen and Stine Jacobsen COPENHAGEN (Reuters) -Demand for green power in the United States will grow regardless of…

  • Business

Berkshire’s cash soars to $325 billion as Buffett sells Apple, BofA; operating profit falls

The Cheap InvestorNovember 2, 2024January 24, 20250

By Jonathan Stempel (Reuters) -Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, slashing their…

  • Business

Novartis CEO ‘very confident’ on sales target, doesn’t fear patent cliff – newspaper

The Cheap InvestorNovember 2, 2024January 24, 20250

ZURICH (Reuters) – Novartis expects to increase its annual sales by least 5% per year in the coming years, CEO…

  • Business

Apple to invest up to $1.5 billion in Globalstar for satellite coverage expansion

The Cheap InvestorNovember 1, 2024January 24, 20250

(Reuters) – Apple will invest up to $1.5 billion in Globalstar to fund the expansion of its iPhone communication services,…

  • Business

AT&T announces $1 billion fiber deal with Corning

The Cheap InvestorOctober 28, 2024January 24, 20250

(Reuters) – AT&T said on Monday it had struck a $1 billion multi-year deal with Corning to buy fiber, cable,…

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