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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…

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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…

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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…

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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…

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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…

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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…

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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….

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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…

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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…

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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…

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