Apple’s Struggles in China, Tesla’s Fall – How Big Tech is Starting 2025Tech stocks had mixed results on the first trading day of the year, with Apple and Tesla declining while Nvidia and Meta rose.
WTI Crude Hits Highest Price Since October—Why China’s Economic Stimulus Is Driving Up OilOil prices rise due to expectations of China's economic stimulus, with WTI reaching its highest since October 2023.
66% of Americans Expect Stock Market to Rise in 2025, But Bitcoin May Face Volatility Amid Global TensionsA survey shows two-thirds of Americans expect stock market growth in 2025, but political tensions may impact both stocks and Bitcoin.
Alibaba Sells $1.6 Billion Stake in Sun Art Retail Group as It Shifts FocusAlibaba sells its 78.7% stake in Sun Art Retail for $1.6 billion, focusing on core e-commerce amid rising competition.
NVIDIA's $1 Billion Bet on AI: Major Investments in Startups and AcquisitionsNVIDIA invested over $1 billion in AI startups in 2024, significantly increasing its influence in the tech industry amid competition concerns.
November’s Top-Earning Apps: Vita Mahjong Leads with $4M in Programmatic AdsVita Mahjong topped U.S. app revenue in November, earning $4M from programmatic advertising, followed by other popular apps.
ByteDance Plans to Invest $7B in NVIDIA Chips Despite U.S. Export RestrictionsByteDance continues to invest in NVIDIA AI chips, planning to spend $7 billion by 2025, despite U.S. export restrictions.
China Maintains Crypto Ban, Hong Kong Offers New Opportunities for Crypto FirmsChina's central bank emphasizes strict cryptocurrency regulations while Hong Kong adopts a more favorable approach with new licensing.
Will Apple's New AI Technology Spark an iPhone Supercycle in 2025? Here’s What to ExpectApple plans budget iPhones and new home devices in 2025, focusing on AI integration and potential record sales amid regulatory challenges.
Tesla’s Semi Truck Dream Inches Closer to Reality: Key Milestone Reached in Nevada FactoryTesla's Nevada Semi-factory nears completion with final steel frame installed, aiming for electric Semi truck production by 2025.
'Cyptocrash' Kingpin Do Kwon Fights for His Life: Legal Battle to Avoid 100 Years in U.S. PrisonDo Kwon is challenging Montenegro's decision to extradite him to the U.S., citing concerns over severe penalties and procedural issues.
ASML CEO Predicts China Will Lag Behind in Chip Tech for 10-15 YearsASML's CEO predicts China's semiconductor industry will lag 10-15 years due to EUV export bans, despite progress in 7nm chip production.
China’s Rising Power: The Fallout of Trump’s Expected Pullback from Global OrganizationsTrump's potential withdrawal from international organizations may allow China to assert greater global influence amid U.S. isolationism.
Luxury Wine Market Struggles as Prices Drop 9% in 2024, With China’s Weak Demand to BlameHigh-end wine prices continue to fall due to weak demand in China, with several indices showing significant declines in 2023.
Over 700% Gains: Top 5 U.S. Stocks That Rose the Most This YearThis year, AI and cryptocurrency stocks soared, with AppLovin leading gains at 758%, followed by MicroStrategy and Palantir.
World Bank Ups China’s Growth Forecast to 4.9% Amid Economic ChallengesThe World Bank raised China's GDP growth forecast to 4.9%, citing robust growth despite challenges like weak demand and real estate issues.
Tesla Megapack Production Starts in Shanghai, Aims to Stabilize Power for Global MarketsTesla's Shanghai Megafactory will produce 10,000 Megapacks annually, enhancing energy storage and stabilizing power in large cities.
Why China’s Declining Marriages Are Killing the Diamond MarketDiamonds face a demand decline, with De Beers reporting $2B in inventory and reduced production amid competition from lab-grown alternatives.
Buffett’s $146 Billion Estate: How He Plans to Divide ItWarren Buffett plans to donate $1.1 billion to family foundations and emphasizes the importance of discussing estate matters with heirs.
North Korean Hacker Group Behind $380 Million Bitcoin Theft, FBI WarnsNorth Korean hackers stole $380 million in bitcoins from DMM Bitcoin, using social engineering tactics and malware to execute the theft.
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