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Updated

  • Business
  • Economy

Nvidia’s results spark nearly $300 billion rally in AI stocks

The Cheap InvestorMay 24, 2023May 24, 20230

By Noel Randewich and Sinéad Carew (Reuters) -Stocks related to artificial intelligence surged in extended trade on Wednesday, adding almost…

  • Business
  • Technology

Nvidia shares soar nearly 30% as sales forecast jumps and AI booms

The Cheap InvestorMay 24, 2023May 24, 20230

By Chavi Mehta and Stephen Nellis (Reuters) -Nvidia Corp on Wednesday forecast second-quarter revenue more than 50% above Wall Street…

  • Elections
  • Politics

Factbox-2024 US presidential election: who is in, who is out and who is still thinking about it

The Cheap InvestorMay 24, 2023May 24, 20230

By Ross Colvin (Reuters) – Florida Governor Ron DeSantis announced on Wednesday he is seeking the 2024 Republican presidential nomination,…

  • Asia
  • Australia

RBNZ Governor Orr says confident in restrictiveness of interest rates

The Cheap InvestorMay 24, 2023May 24, 20230

By Lucy Craymer WELLINGTON (Reuters) -The Reserve Bank of New Zealand Governor Adrian Orr said on Thursday the committee was…

  • Business

American Eagle cuts annual revenue forecast on weak apparel demand

The Cheap InvestorMay 24, 2023May 24, 20230

By Anne Florentyna Gnanaraja Sekar and Ananya Mariam Rajesh (Reuters) -American Eagle Outfitters Inc cut its full-year revenue forecast on…

  • Business
  • Economy

Airbus rules out imminent launch of new A220 jet version

The Cheap InvestorMay 24, 2023May 24, 20230

By Tim Hepher PARIS (Reuters) -Airbus is not looking to launch a stretched version of its A220 jetliner in the…

  • Business
  • US

WeWork CFO resignation marks second major exit in a week

The Cheap InvestorMay 24, 2023May 24, 20230

(Reuters) -WeWork Inc CFO Andre Fernandez intends to resign on June 1, the company said on Wednesday, less than a…

  • Business
  • Technology

Facebook owner Meta slashes business teams in final round of layoffs

The Cheap InvestorMay 24, 2023May 24, 20230

By Katie Paul NEW YORK (Reuters) -Meta Platforms Inc, owner of Facebook, slashed jobs across its business and operations units…

  • Business

JPMorgan can sue former executive Staley over Epstein ties -US judge

The Cheap InvestorMay 24, 2023May 24, 20230

By Jonathan Stempel NEW YORK (Reuters) -JPMorgan Chase & Co may move forward with its lawsuit seeking to hold former…

  • Business
  • Economy

Industrial suppliers face a rocky road if U.S. defaults on debt- AEM

The Cheap InvestorMay 24, 2023May 24, 20230

By Aishwarya Nair (Reuters) – A failure to break the deadlock on raising the U.S. debt ceiling before the deadline…

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