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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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,…

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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…

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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…

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