Uncategorized Caterpillar’s shares hit record high on profit beat, robust demand The Cheap InvestorFebruary 5, 2024February 5, 20240 By Bianca Flowers and Shivansh Tiwary (Reuters) -Caterpillar beat estimates with a double-digit jump in operating profit on Monday to…
Uncategorized Scorching US economy throws off market’s Fed cut narrative The Cheap InvestorFebruary 4, 2024February 4, 20240 By Lewis Krauskopf NEW YORK (Reuters) -Robust U.S. economic data is confronting investors with an unexpected question: whether strong growth…
Uncategorized Driverless cars covered 5x more test miles in California in 2023 The Cheap InvestorFebruary 3, 2024February 3, 20240 (This Feb. 2 story has been corrected to remove the word ‘Chinese’ from paragraph 9) By Abhirup Roy SAN FRANCISCO…
Uncategorized Biden can’t beat the MAGA meme machine online, kingmaker Clyburn says The Cheap InvestorFebruary 3, 2024February 3, 20240 By Jarrett Renshaw COLUMBIA, South Carolina (Reuters) – President Joe Biden’s reelection bid won’t be won by million-dollar ad buys…
Uncategorized Factbox-What is Iran’s ‘Axis of Resistance’, which groups are involved? The Cheap InvestorFebruary 3, 2024February 4, 20240 (Reuters) – Groups backed by Iran have been waging attacks on Israeli and U.S. targets since war erupted between its…
Uncategorized Volkswagen to invest a further $1.8 billion in Brazil in next five years The Cheap InvestorFebruary 2, 2024February 4, 20240 SAO PAULO (Reuters) -German carmaker Volkswagen said on Thursday it will invest an additional 9 billion reais ($1.83 billion) in…
Uncategorized AbbVie raises 2027 sales forecast for new immunology drugs to $27 billion The Cheap InvestorFebruary 2, 2024February 4, 20240 By Leroy Leo and Patrick Wingrove (Reuters) -AbbVie on Friday raised its 2027 forecast for sales of its immunology drugs…
Uncategorized Meta surges with record $196 billion gain in stock market value The Cheap InvestorFebruary 2, 2024February 3, 20240 By Samrhitha A, Aishwarya Venugopal and Chuck Mikolajczak (Reuters) -Meta Platforms added $196 billion in stock market value on Friday,…
Uncategorized Bezos to sell up to 50 million Amazon shares by Jan. 31 next year – filing The Cheap InvestorFebruary 2, 2024February 2, 20240 (Reuters) -Amazon.com founder Jeff Bezos will sell up to 50 million shares in the online retail and cloud services firm…
Uncategorized Strong job gains may dent Fed confidence on inflation The Cheap InvestorFebruary 2, 2024February 5, 20240 By Ann Saphir and Howard Schneider (Reuters) -Federal Reserve policymakers seeking greater confidence that inflation is on track to their…