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Chewy gets its bark back with foray into Canada, forecast raise

The Cheap InvestorJune 1, 2023June 1, 20230

By Vansh Agarwal (Reuters) -Shares of Chewy Inc surged 27% in early trading on Thursday after the pet products e-retailer…

  • Business
  • Economy

Salesforce shares drop on slowest revenue growth in more than 10 years

The Cheap InvestorJune 1, 2023June 1, 20230

By Samrhitha A (Reuters) – Salesforce Inc fell about 7% on Thursday after reporting quarterly revenue that increased at its…

  • Business
  • Economy

Exclusive-JPMorgan to close 21 First Republic Bank branches

The Cheap InvestorJune 1, 2023June 1, 20230

By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase & Co will shut 21 branches of First Republic Bank by…

  • Business
  • Economy

U.S. private payrolls beat expectations in May-ADP

The Cheap InvestorJune 1, 2023June 1, 20230

WASHINGTON (Reuters) – U.S. private payrolls increased more than expected in May, suggesting that the labor market was slowing only…

  • Asia
  • Business

Nvidia runaway winner in market cap addition in May

The Cheap InvestorJune 1, 2023June 1, 20230

(Reuters) – Nvidia Corp’s market capitalisation jumped the most in May among the top 20 global companies by market value,…

  • Business
  • US

Southwest Airlines forecasts strong full-year profit

The Cheap InvestorJune 1, 2023June 1, 20230

(Reuters) -Southwest Airlines Co said on Thursday it continues to expect a strong adjusted profit for the full year as…

  • Asia
  • Business

Boeing CEO ‘not overly anxious’ about Chinese narrowbody jet

The Cheap InvestorJune 1, 2023June 1, 20230

By Valerie Insinna CHARLESTON, South Carolina (Reuters) – Boeing Co CEO Dave Calhoun downplayed speculation that China’s maiden commercial flight…

  • Asia
  • Business

Remy Cointreau profit beat calms nerves about tough H1

The Cheap InvestorJune 1, 2023June 1, 20230

By Dominique Vidalon PARIS (Reuters) – French spirits group Remy Cointreau beat forecasts with record annual operating profits on Thursday,…

  • Asia
  • Business

Elon Musk’s whirlwind China trip included talks with vice premier

The Cheap InvestorJune 1, 2023June 1, 20230

SHANGHAI (Reuters) -Tesla Inc Chief Executive Elon Musk departed Shanghai on Thursday, wrapping up a two-day trip to China in…

  • Asia
  • Business

Marketmind: Hot, cold and skipping a beat

The Cheap InvestorJune 1, 2023June 1, 20230

A look at the day ahead in U.S. and global markets from Mike Dolan If the Federal Reserve does skip…

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