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December 5, 2025
  • ‘Big Short’ investor Burry targets Tesla after slamming AI valuations
  • Blue Origin unveils plan for bigger New Glenn rocket variant to take on SpaceX
  • Elliott builds stake in Barrick Mining, source says
  • US airlines cut hundreds of flights Friday after FAA shutdown directive
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Exclusive-Google parent Alphabet weighs offer for HubSpot, sources say

The Cheap Investor2 years ago2 years ago03 mins

By Anirban Sen and Milana Vinn (Reuters) -Google parent Alphabet has been talking to its advisers about the possibility of making an offer for HubSpot, an online marketing software company with a market value of $35 billion, people familiar with the matter said. If Alphabet moves ahead with a bid, it would be a rare…

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Biden to speak with Netanyahu on Thursday, US official says

The Cheap Investor2 years ago2 years ago02 mins

By Steve Holland WASHINGTON (Reuters) -U.S. President Joe Biden will speak by phone with Israeli Prime Minister Benjamin Netanyahu on Thursday, three days after Israel launched an attack in which seven World Central Kitchen aid workers were killed, a U.S. official said. The White House has described Biden as outraged and heartbroken by the attack…

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Gold rallies, stocks ease as rate cut optimism fades

The Cheap Investor2 years ago2 years ago04 mins

By Herbert Lash and Kevin Buckland NEW YORK/TOKYO (Reuters) – Gold prices hit fresh all-time peaks on Monday with stocks on Wall Street closing mixed as optimism that the Federal Reserve was near to cutting interest rates faded due to a strong U.S. economy that rebuts the need for cuts anytime soon. Chinese shares led…

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Fighting rages across Gaza amid revival of truce talks

The Cheap Investor2 years ago2 years ago05 mins

By Nidal al-Mughrabi CAIRO (Reuters) -Israeli strikes killed 77 Palestinians in Gaza in the past 24 hours, health authorities said on Sunday, as Egypt hosted an Israeli delegation for a new round of talks in a bid to secure a truce with Gaza’s Hamas rulers. The Israeli military said it killed a senior Islamic Jihad…

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Investors eye Fed rate cut, earnings as key to sustaining market rally

The Cheap Investor2 years ago2 years ago04 mins

By David Randall NEW YORK (Reuters) -After a stellar start to the year for stocks, investors are on guard for potential bumps in the second quarter as they gauge whether the Federal Reserve delivers on an expected interest rate cut by June and turn their focus on the health of upcoming earnings. The S&P 500…

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US has agreed to send more bombs and warplanes to Israel, sources say

The Cheap Investor2 years ago2 years ago02 mins

By Humeyra Pamuk and Idrees Ali WASHINGTON (Reuters) -The U.S. in recent days authorized the transfer of billions of dollars worth of bombs and fighter jets to Israel, two sources familiar with the effort said on Friday, even as Washington publicly expresses concerns about an anticipated Israeli military offensive in Rafah. The new arms packages…

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U.S. updates export curbs on AI chips and tools to China

The Cheap Investor2 years ago2 years ago01 mins

WASHINGTON (Reuters) -The Biden administration on Friday revised rules aimed at making it harder for China to access U.S. artificial intelligence (AI) chips and chipmaking tools, part of an effort to hobble Beijing’s chipmaking industry over national security concerns. The rules, released in October, seek to halt shipments to China of more advanced AI chips…

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US Congress bans staff use of Microsoft’s AI Copilot, Axios reports

The Cheap Investor2 years ago2 years ago02 mins

(Reuters) -The U.S. House of Representatives has set a strict ban on congressional staffers’ use of Microsoft’s Copilot generative AI assistant, Axios reported on Friday. “The Microsoft Copilot application has been deemed by the Office of Cybersecurity to be a risk to users due to the threat of leaking House data to non-House approved cloud…

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Carnival probably will not sail through Red Sea in 2024 and early 2025, CFO says

The Cheap Investor2 years ago2 years ago02 mins

By Granth Vanaik and Doyinsola Oladipo (Reuters) -Cruise operator Carnival said on Wednesday it will probably not be sailing through the Red Sea region for the rest of this year and early next year given persistent hostilities across the key shipping route. Even though 2024 is expected to be a record year for cruise travel,…

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Oil prices fall on stronger dollar, weak US gasoline demand

The Cheap Investor2 years ago2 years ago03 mins

By Shariq Khan NEW YORK (Reuters) -Oil prices fell for the second consecutive session on Wednesday as the dollar strengthened and government data showed a surprise jump in U.S. crude and gasoline stocks. Brent crude futures for May shed 16 cents, or 0.2%, to settle at $86.09 a barrel while the more actively traded June…

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