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theguru, Author at ViewusGlobal - Page 6 of 11

theguru (219 Posts)

  • 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.
  • U.S. Defense Giant and Hanwha Supplies Cutting-Edge Tech to Australian Military Northrop Grumman will supply Redback Infantry Fighting Vehicle cannons to Hanwha Aerospace's Australian subsidiary for armored carriers.
  • Warren Buffett Dives into Lithium: New Venture with Occidental Petroleum Warren Buffett announced a partnership with Occidental Petroleum to produce battery-grade lithium.
  • California Sets the Pace in Nationwide Clean Driving Movement California, a leading state in U.S. eco-friendly vehicle policy, is also at the forefront of zero-emission vehicle (ZEV) initiatives. Under the slogan of ZEV Leadership, the state is actively implementing policies and driving investments. This confidence is reflected in the state’s electric vehicle sales. According to the Korea Trade-Investment Promotion Agency (KOTRA) and the California […]
  • Hyundai & Kia Models Sweep Best Cars for Teen for Safety and Reliability Hyundai and Kia have set a record for the most wins at the 2024 Best Cars for Teen, conducted by U.S. News & World Report.
  • U.S. Shoppers Beware: Fiji Water Issues Recall Over Contamination Concerns Fiji Water has initiated a recall in the United States due to exceeding the standard levels of manganese and bacteria.
  • How Cathie Wood Let Billions Slip Away with Early NVIDIA Sale Cathie Wood has drawn attention due to claims she missed out on a nearly $723 million profit by selling all her shares last year in NVIDIA.
  • Pennsylvania Could Supply 40% of U.S. Lithium Demand A research team at the University of Pittsburgh has suggested the possibility of large-scale lithium extraction in Pennsylvania.
  • The Bitcoin Boom: How Crypto Could Become the Global Reserve Currency Gabor Gurbacs, a strategic advisor for stablecoin issuer Tether and asset management firm VanEck, has suggested the possibility of Bitcoin becoming a reserve tender. He insists that no legal tender can replace the dollar, but Bitcoin could. According to industry sources on the 29th, Gurbacs recently mentioned weak currency countries through his X (formerly Twitter) […]
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