Samsung Reaches $400 Million Settlement After Texas Winter Storm DamagesSamsung Electronics has successfully settled a lawsuit with an American insurance company for $400 million.
Hyundai and Kia Theft Rates Plunge 64% After New Software RolloutThe 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 FollowERA 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 DefectTesla 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-UpWith 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...
Cathie Wood Bets Big on Nuclear Future, Invests $2.4 Million in OkloARK Invest, by Cathie Wood, purchased 281,490 shares of Oklo through its exchange-traded fund (ARKQ), for approximately $2.4 million.
Griffin and Singer in Talks with Trump Over Campaign SupportThe two billionaires, Ken Griffin and Paul Singer, have recently met with former President Donald Trump to discuss donations.
Cathie Wood: Nvidia’s AI Triumphs Could Hit ‘Short-Term Indigestion’ PhaseARK CEO Cathie Wood has once again expressed a negative outlook on Nvidia, the biggest beneficiary of the recent AI boom.
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.
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