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theguru, Author at ViewusGlobal - Page 4 of 11

theguru (210 Posts)

  • From Nvidia to Lucid: Why CalPERS Is Betting Big on Electric Vehicles CalPERS increased its Lucid Motors investment by 24%, buying 262,123 shares, anticipating growth as Lucid expands electric vehicle rollout.
  • GM Hits Pause on Major Lithium Project Amid Trump Concerns GM postponed its $330 million investment in Lithium Americas' Thacker Pass project due to Trump’s potential re-election concerns.
  • Indonesia's Big Push for U.S. Investment Revealed—Here’s What You Need to Know Indonesia seeks U.S. investment in its copper industry and other projects to enhance resource value and strengthen mineral cooperation.
  • First Quantum Minerals Seeks $20 Billion in Compensation from Panama Over Cobre Panamá Mine Shutdown First Quantum Minerals seeks $20 billion from Panama for the shutdown of Cobre Panamá, affecting copper stockpile worth up to $340 million.
  • Gold Hits New Highs: Hedge Funds’ Biggest Bet in Years Points to Possible Fed Rate Cut Hedge funds now hold their largest net long gold position in four years, betting on a potential U.S. rate cut.
  • Tesla Semi Goes Up in Flames in California: Why Electric Truck Fires Are More Dangerous Than You Think A fire in a Tesla Semi truck on Interstate 80 led to highway closures. Toxic gases and intense flames made firefighting difficult.
  • Canada on the Brink: Massive Railway Strike Could Cripple North American Supply Chains A Canadian railway strike could disrupt North American supply chains, notably in automotive, as Maersk halts rail cargo.
  • South Korea-Cuba Mineral Deal Threatened by U.S. Helms-Burton Law As South Korea and Cuba explore mineral cooperation, concerns about the Helms-Burton Act may disrupt business, similar to Panasonic's issues.
  • China’s Secret Copper Obsession: Why the World’s Top Consumer is Hoarding More Than Ever China's copper consumption surged 4.6% in 2022, driven by energy transition goals. Demand is rising in EVs and renewable energy.
  • U.S. Drone Market Set to Skyrocket: New Rules and Possible Chinese Sanctions Could Transform Industry The U.S. drone market is growing rapidly. Eased regulations and potential Chinese drone sanctions may boost non-Chinese brands.
  • South Korean Company Teams Up with Axiom Space for Bold Space Mission Boryeong, which has invested in the U.S. space firm Axiom Space, will see Axiom launch its fourth private spaceflight mission next year.
  • Japanese Tour Company Offers VR Journey Through Hiroshima’s Atomic Bomb Destruction A Japanese tourism company is offering a virtual reality experience to commemorate the 79th anniversary of the Hiroshima atomic bomb.
  • No More Chinese Code in Cars: Biden’s Plan to Overhaul Autonomous Vehicle Regulations The U.S. government plans to ban using Chinese software in autonomous and connected vehicles, citing national security concerns.
  • Samsung Reaches $400 Million Settlement After Texas Winter Storm Damages Samsung Electronics has successfully settled a lawsuit with an American insurance company for $400 million.
  • Hyundai and Kia Theft Rates Plunge 64% After New Software Rollout The rate of theft involving Hyundai and Kia vehicles in the U.S. has dropped by over 50%, thanks to proactive software upgrades.
  • World's Largest Uranium Deposit 'Declared a National Park'—Lawsuits and Legal Battles Follow ERA has filed a lawsuit against the Australian government after their lease renewal request for a major uranium mine was rejected.
  • Tesla's Latest Recall Hits China: 1.6 Million Vehicles Affected by Hood Opening Defect Tesla is conducting a large-scale recall in China. The issue involves the vehicle hood opening unexpectedly.
  • Is NVIDIA's Stock on the Brink of a Major Drop? Raymond James observed that NVIDIA reached three critical technical points on July 29, hinting at a possible continued decline.
  • Will U.S. Trade Wars Continue? Experts Predict Post-Election Economic Shake-Up With just over 3 months until the election, experts predict that anti-China trade policies to protect domestic interests will continue...
  • U.S. Economy Thrives Despite High Interest Rates—Are We Out of the Woods? The U.S. economy exhibited stronger growth in the last quarter, marking the second consecutive quarter of acceleration...
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