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GameStop misses revenue estimates on slow videogame demand, competition

The Cheap InvestorDecember 6, 2023December 6, 20230

By Arsheeya Bajwa (Reuters) -GameStop missed quarterly revenue estimates on Wednesday as competition grew and consumers dialed back spending in…

  • Uncategorized

AMD forecasts $45 billion AI chip market this year, $2 billion in sales in 2024

The Cheap InvestorDecember 6, 2023December 6, 20230

By Max A. Cherney (Reuters) -AMD estimated there was a $45 billion market for its data center artificial intelligence processors…

  • Uncategorized

Exxon Mobil forecasts increases in project spending, oil output

The Cheap InvestorDecember 6, 2023December 6, 20230

By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil will target annual project spending of between $22 billion and $27 billion through…

  • Uncategorized

Disney begins integrating Hulu into Disney+ streaming service

The Cheap InvestorDecember 6, 2023December 6, 20230

By Dawn Chmielewski (Reuters) – Walt Disney began offering Hulu as part of its namesake streaming service on Wednesday, bolstering…

  • Uncategorized

Elon Musk’s AI firm xAI files to raise up to $1 billion in equity offering

The Cheap InvestorDecember 5, 2023December 6, 20230

(Reuters) -Elon Musk’s artificial intelligence startup xAI has filed with the U.S. securities regulator to raise up to $1 billion…

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Norway parliament deal marks major step towards seabed mining

The Cheap InvestorDecember 5, 2023December 7, 20230

By Victoria Klesty OSLO (Reuters) -Norway’s minority government and two opposition parties have agreed to allow seabed mineral exploration in…

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Alaska Air to buy peer Hawaiian for $1.9 billion

The Cheap InvestorDecember 5, 2023December 5, 20230

By Rajesh Kumar Singh, Akanksha Khushi and Anirban Sen (Reuters) -Alaska Air Group Inc said on Sunday it would acquire…

  • Uncategorized

US funds for Ukraine’s Russia defense nearly gone, White House warns

The Cheap InvestorDecember 4, 2023December 4, 20230

By Jeff Mason, Patricia Zengerle and Richard Cowan WASHINGTON (Reuters) -The United States is running out of time and money…

  • Uncategorized

Bitcoin rises above $42,000 for first time since April 2022

The Cheap InvestorDecember 4, 2023December 5, 20230

By Tom Wilson, Tom Westbrook and Chibuike Oguh LONDON/SINGAPORE/NEW YORK (Reuters) -Bitcoin rose on Monday, briefly surpassing $42,000 to reach…

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Western start-ups seek to break China’s grip on rare earths refining

The Cheap InvestorDecember 4, 2023December 4, 20230

By Ernest Scheyder ALEXANDRIA, Louisiana (Reuters) -Start-up tech firms are racing to transform the way rare earths are refined for…

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