Saudi Crown Prince's Dream City Faces Financial HurdlesThe Saudi Arabian government will significantly cut the budget for the Neom project, Crown Prince Mohammed bin Salman's key initiative.
Stellantis Sees a Double Digit Drop in Quarter 2Stellantis showed a sharp double-digit decline in the U.S. auto market during the second quarter compared to 2023 due to the low sales of plug-in hybrid electric vehicles (PHEVs). While Stellantis holds the top spot in the PHEV market, the sudden drop in PHEV sales indicates a need to revise its strategy. Stellantis sold 344,993 […]
Tesla Loses Home Advantage: U.S. Market Share Drops Below 50%According to Cox Automotive, Tesla's share of the U.S. EV market for the second quarter (April-June) was preliminarily estimated at 49.7%.
Hyundai Under Fire: U.S. Dealers Sue Over Faking Sales Data for Electric CarsHyundai Motor has been sued in the United States for allegedly manipulating electric vehicle (EV) sales figures.
Copper's Big Leap: Surges Past $10,000 as Investors Eye China's Policy SupportCopper prices have surpassed $10,000. Amid expectations of increased demand in China, there's also speculation of further price increases.
Why Your New Car Might Smell Worse Than Grandma'sCustomers worldwide are complaining about unpleasant smells inside vehicles, yet the exact cause remains unknown.
Montana Faces Economic Blow with Potential Mine ClosureThe Montana palladium mine owned by Sibanye Stillwater, a South African mining company, is expected to shut down.
46% of American EV Owners Might Go Back to Gas-Powered Vehicles46% of American EV owners responded that they intend to switch to a gas-powered car in their next purchase, according to a recent survey.
Senate Report Warns of AI Risks in Financial MarketsThe U.S. Senate raised concerns that the expanding use of artificial intelligence by hedge funds could pose risks to investors and the financial market. It remains uncertain whether the U.S. political arena will initiate regulations on this matter. According to industry sources on the 26th, the U.S. Senate Committee on Homeland Security and Governmental Affairs […]
Steve Cohen Not ‘Betting’ on AI—He’s Investing $1 Billion!Steve Cohen is set to launch an artificial intelligence investment fund influenced by the rally of AI-related stocks such as NVIDIA.
Nvidia Lawsuit Reaches the Supreme CourtThe U.S. Supreme Court is hearing a lawsuit about Nvidia’s cryptocurrency mining profits. Nvidia plans to aggressively assert its stance against the lower court’s decision. According to industry insiders on the 18th, the U.S. Supreme Court accepted Nvidia’s appeal against the lower court’s verdict. The Supreme Court plans to review Nvidia’s arguments in its next […]
Bill Gates Confident in Nuclear Support Regardless of Election OutcomeBill Gates, the founder of TerraPower, has pledged to find an alternative to Russian uranium. Furthermore, he predicted that no matter who is elected in the upcoming November presidential election, it will not affect TerraPower. Gates mentioned the Small Modular Reactor (SMR) that broke ground on the 16th (local time) during an interview with CBS […]
Saudi Arabia Chooses Chinese Yuan Over US Dollar: Global Markets ReactReports from industry sources reveal that the Petrodollar agreement between Saudi Arabia and the United States expired on the 9th.
Botswana's Copper Boom: MMG Invests Heavily in Kalahari Copper BeltChinese mineral mining company MMG is planning to increase production by injecting additional capital into the Khoemacau copper mine, acquired last March. Khoemacau, the largest copper mine in Botswana, is expected to become a significant resource for MMG’s metal procurement in the future. On the 14th, industry sources reported that MMG plans to invest $700 […]
Mozambique Set to Transform Global Energy With $100 Billion Gas ReservesAn analysis has emerged stating that the value of natural gas reserves in Mozambique could reach $100 billion. According to industry sources on the 12th, Deloitte observed in its Africa Energy Outlook – Mozambique Special Report 2024, which was published last January, that Mozambique’s natural gas reserves have the potential to generate revenues of up […]
Anticipating NVIDIA's Next Big Leap: The $5 Trillion Market CapIt has been predicted that NVIDIA’s market capitalization will surpass $5 trillion next year. The success of the soon-to-be-launched artificial intelligence (AI) chip platform, Blackwell, is expected to be a significant turning point. Louis Navellier, Chief Investment Officer (CIO) of Navellier & Associates, predicted on the 11th (local time) that NVIDIA’s market capitalization will exceed […]
China's Rare Earth Monopoly Under Threat: Greenland's Minerals to the Rescue?The world's largest rare earth deposit in Greenland has been sold to Critical Metals, a Special Purpose Acquisition Company (SPAC).
Russia Races Ahead: Fast-Tracking Domestic Lithium Project Amid U.S. SanctionsRussia is fast-tracking its domestic lithium development project. Amid difficulties in lithium supply due to U.S. sanctions...
Colombia Bleeds Nearly One Billion Dollars in Oil TheftRecent reports revealed that Colombia has suffered losses of nearly one billion dollars over the past five years due to oil product theft.
Goldman Sachs Predicts a Sizzling Stock Market This Summer!In an investment report on June 6, Goldman Sachs indicated that they are observing more positive signals in the market this summer.
Saudi Crown Prince's Dream City Faces Financial Hurdles The Saudi Arabian government will significantly cut the budget for the Neom project, Crown Prince Mohammed bin Salman's key initiative.
Stellantis Sees a Double Digit Drop in Quarter 2 Stellantis showed a sharp double-digit decline in the U.S. auto market during the second quarter compared to 2023 due to the low sales of plug-in hybrid electric vehicles (PHEVs). While Stellantis holds the top spot in the PHEV market, the sudden drop in PHEV sales indicates a need to revise its strategy. Stellantis sold 344,993 […]
Tesla Loses Home Advantage: U.S. Market Share Drops Below 50% According to Cox Automotive, Tesla's share of the U.S. EV market for the second quarter (April-June) was preliminarily estimated at 49.7%.
Hyundai Under Fire: U.S. Dealers Sue Over Faking Sales Data for Electric Cars Hyundai Motor has been sued in the United States for allegedly manipulating electric vehicle (EV) sales figures.
Copper's Big Leap: Surges Past $10,000 as Investors Eye China's Policy Support Copper prices have surpassed $10,000. Amid expectations of increased demand in China, there's also speculation of further price increases.
Why Your New Car Might Smell Worse Than Grandma's Customers worldwide are complaining about unpleasant smells inside vehicles, yet the exact cause remains unknown.
Montana Faces Economic Blow with Potential Mine Closure The Montana palladium mine owned by Sibanye Stillwater, a South African mining company, is expected to shut down.
46% of American EV Owners Might Go Back to Gas-Powered Vehicles 46% of American EV owners responded that they intend to switch to a gas-powered car in their next purchase, according to a recent survey.
Senate Report Warns of AI Risks in Financial Markets The U.S. Senate raised concerns that the expanding use of artificial intelligence by hedge funds could pose risks to investors and the financial market. It remains uncertain whether the U.S. political arena will initiate regulations on this matter. According to industry sources on the 26th, the U.S. Senate Committee on Homeland Security and Governmental Affairs […]
Steve Cohen Not ‘Betting’ on AI—He’s Investing $1 Billion! Steve Cohen is set to launch an artificial intelligence investment fund influenced by the rally of AI-related stocks such as NVIDIA.
Nvidia Lawsuit Reaches the Supreme Court The U.S. Supreme Court is hearing a lawsuit about Nvidia’s cryptocurrency mining profits. Nvidia plans to aggressively assert its stance against the lower court’s decision. According to industry insiders on the 18th, the U.S. Supreme Court accepted Nvidia’s appeal against the lower court’s verdict. The Supreme Court plans to review Nvidia’s arguments in its next […]
Bill Gates Confident in Nuclear Support Regardless of Election Outcome Bill Gates, the founder of TerraPower, has pledged to find an alternative to Russian uranium. Furthermore, he predicted that no matter who is elected in the upcoming November presidential election, it will not affect TerraPower. Gates mentioned the Small Modular Reactor (SMR) that broke ground on the 16th (local time) during an interview with CBS […]
Saudi Arabia Chooses Chinese Yuan Over US Dollar: Global Markets React Reports from industry sources reveal that the Petrodollar agreement between Saudi Arabia and the United States expired on the 9th.
Botswana's Copper Boom: MMG Invests Heavily in Kalahari Copper Belt Chinese mineral mining company MMG is planning to increase production by injecting additional capital into the Khoemacau copper mine, acquired last March. Khoemacau, the largest copper mine in Botswana, is expected to become a significant resource for MMG’s metal procurement in the future. On the 14th, industry sources reported that MMG plans to invest $700 […]
Mozambique Set to Transform Global Energy With $100 Billion Gas Reserves An analysis has emerged stating that the value of natural gas reserves in Mozambique could reach $100 billion. According to industry sources on the 12th, Deloitte observed in its Africa Energy Outlook – Mozambique Special Report 2024, which was published last January, that Mozambique’s natural gas reserves have the potential to generate revenues of up […]
Anticipating NVIDIA's Next Big Leap: The $5 Trillion Market Cap It has been predicted that NVIDIA’s market capitalization will surpass $5 trillion next year. The success of the soon-to-be-launched artificial intelligence (AI) chip platform, Blackwell, is expected to be a significant turning point. Louis Navellier, Chief Investment Officer (CIO) of Navellier & Associates, predicted on the 11th (local time) that NVIDIA’s market capitalization will exceed […]
China's Rare Earth Monopoly Under Threat: Greenland's Minerals to the Rescue? The world's largest rare earth deposit in Greenland has been sold to Critical Metals, a Special Purpose Acquisition Company (SPAC).
Russia Races Ahead: Fast-Tracking Domestic Lithium Project Amid U.S. Sanctions Russia is fast-tracking its domestic lithium development project. Amid difficulties in lithium supply due to U.S. sanctions...
Colombia Bleeds Nearly One Billion Dollars in Oil Theft Recent reports revealed that Colombia has suffered losses of nearly one billion dollars over the past five years due to oil product theft.
Goldman Sachs Predicts a Sizzling Stock Market This Summer! In an investment report on June 6, Goldman Sachs indicated that they are observing more positive signals in the market this summer.
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