Uncategorized Intel signs Microsoft as foundry customer, says on track to overtake TSMC The Cheap InvestorFebruary 22, 2024February 22, 20240 By Stephen Nellis and Max A. Cherney (Reuters) -Intel said on Wednesday that Microsoft plans to use its services to…
Uncategorized Rivian cuts jobs, forecasts annual production below estimates The Cheap InvestorFebruary 21, 2024February 22, 20240 By Akash Sriram and Abhirup Roy (Reuters) -Rivian said on Wednesday it would cut its workforce by 10% and forecast…
Uncategorized Crypto firm Circle to end support for USDC stablecoin on Tron blockchain The Cheap InvestorFebruary 21, 2024February 21, 20240 By Tom Wilson LONDON (Reuters) -Major U.S. crypto firm Circle will end support for its USDC token on the Tron…
Uncategorized Nvidia dethrones Tesla as Wall Street’s most traded stock The Cheap InvestorFebruary 20, 2024February 20, 20240 By Noel Randewich (Reuters) -Chipmaker Nvidia is replacing Tesla as Wall Street’s most traded stock by value, adding to its…
Uncategorized Price-conscious shoppers lift Walmart earnings as it preps $2.3 billion Vizio deal The Cheap InvestorFebruary 20, 2024February 20, 20240 By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Walmart kicked off U.S. retailers’ reporting season on Tuesday with robust fourth…
Uncategorized Eli Lilly, Novo Nordisk get growth stock status on weight-loss drug boost The Cheap InvestorFebruary 20, 2024February 20, 20240 (Repeats Feb 16 story with no changes to text) By Medha Singh and Manas Mishra (Reuters) – U.S.-based Eli Lilly…
Uncategorized Capital One to buy Discover Financial in $35.3 billion all-stock deal The Cheap InvestorFebruary 20, 2024February 20, 20240 By Anirban Sen and Michelle Price NEW YORK/WASHINGTON (Reuters) -Warren Buffett-backed U.S. consumer bank Capital One plans to acquire U.S….
Uncategorized Oil gains marginally as demand jitters counter Middle East conflict The Cheap InvestorFebruary 19, 2024February 19, 20240 By Shariq Khan NEW YORK (Reuters) -Brent crude oil prices settled slightly higher in an abbreviated session on Monday, as…
Uncategorized World shares flattened by stubborn inflation and slow China growth The Cheap InvestorFebruary 19, 2024February 19, 20240 By Nell Mackenzie LONDON (Reuters) -World shares struggled to climb on Monday after the chances of early interest rate cuts…
Uncategorized China central bank leaves key policy rate unchanged under shadow of Federal Reserve The Cheap InvestorFebruary 18, 2024February 18, 20240 SHANGHAI/SINGAPORE (Reuters) -China’s central bank left a key policy rate unchanged as expected on Sunday when rolling over maturing medium-term…