Hyundai's Next-Gen Electric Atlas Robot Takes Over FactoriesRetired Hydraulic Robots Replaced by Next-Generation Electric RobotsUndergoing Testing at the Hyundai Plant Boston Dynamics, a subsidiary of the Hyundai Motor Group, has unveiled its electric Atlas robot. This new version offers more fluid movement than its recently retired hydraulic predecessor. In collaboration with Hyundai, they plan to test and commercialize the robot. Boston Dynamics […]
Michael Saylor Drops Mysterious Bitcoin Message: What's the Hidden Meaning?[TheGuru=Hong Sung-Il] Michael Saylor, the chairman of MicroStrategy, who has consistently maintained a positive stance on bitcoin, has caught my eye with a meaningful message about bitcoin. "You can't say you don't see what you don't see," he wrote on X (formerly Twitter) on Friday (local time). The chairman is a prominent Bitcoin advocate and has been a consistent investor. Michael Saylor has been a prominent proponent of bitcoin and has continued to invest in the currency. In response, MicroStrategy raised $500 million (about $69.5 billion) in a convertible bond offering on March 13 (local time) to further invest in Bitcoin. As one of the most prominent Bitcoin bulls, Michael Saylor's message has been interpreted in a variety of ways by the Bitcoin community. Michael Saylor has a history of making statements and then not responding to questions about them. His comments have also focused attention on the Bitcoin halving, which is expected to happen this week. Michael Sailer has previously claimed that the halving will increase the price of Bitcoin. Halving is an event that occurs every four years or so where Bitcoin mining rewards are halved, halving the amount of Bitcoin available to the market. Michael Saylor theorizes that this will create buying pressure on spot Bitcoin ETFs, which will drive the price up. Meanwhile, BitcoinSense, which is counting the halving of Bitcoin, predicts that there are about 2 days and 10 hours of average mining time left until the 2024 halving...
Russia's Crypto Regulation Bill Set for August Passage Amid US SanctionsThe bill is expected to pass in August Russian authorities are preparing to reintroduce a bill to regulate cryptocurrency mining that failed to be adopted in 2022. Due to U.S. sanctions, Russian authorities are paying attention to cryptocurrencies, which have a strong point in cross-border transactions. According to the industry, on the 15th, the Russian […]
Bitcoin ETFs: New Gold Rush for Financial InstitutionsMajor institutional investors disclose 13F filings, including Park Avenue SecuritiesPositive outlook amid Bitcoin halving Global financial companies were confirmed to have made large purchases of Bitcoin spot ETFs in the first quarter of this year. Analysis suggests growing confidence in Bitcoin’s investment value. According to the 13F (Form 13) submitted to the U.S. Securities and […]
Future of Car Customization: Tesla Cybertruck Leads the WayPredictions have emerged that Tesla’s large electric truck model, the Cybertruck, will contribute to revitalizing the car tuning market. Its simple design can be modified in various ways, leading to the expectation that the roads will soon be filled with uniquely customized Cybertrucks. According to industry sources on the 13th, the equipment utilized for Tesla […]
Thailand's Shocking Move to Criminalize MarijuanaThai Prime Minister to review restrictions on marijuana for medical purposes The Thai government is expected to tighten regulations on recreational use of marijuana. According to the Korea Institute for International Economic Policy on the 10th, Thai Prime Minister Srettha Thavisin recently suggested in a media interview a shift toward restricting the use of marijuana […]
Citadel CEO Ken Griffin Bets Big on Amazon's AI FutureCitadel LLC CEO Ken Griffin has increased his stake in Amazon.com, Inc. This decision is based on Amazon’s growing prominence as a leader in AI (Artificial Intelligence) within the cloud and e-commerce platforms. According to industry sources on the 10th, Griffin’s Citadel hedge fund has more than tripled its investment in Amazon.com, Inc. Citadel’s top […]
Ukraine's Answer to Russia: A Million DronesPlans to produce 1 million drones that can fly over 700-1000 km Amidst conflict with Russia, Ukraine is set to significantly increase its production of Unmanned Aerial Vehicles (UAVs), also known as drones. Despite having less military power compared to Russia, Ukraine plans to use drones as a primary tool for its offensive strategy. Drones […]
China Surges Ahead as Saudi Arabia's Top Greenfield InvestorChina emerges as the largest greenfield investor China emerged as Saudi Arabia’s largest greenfield investment country last year. This signifies a deepening relationship between the two nations. According to the Institute for International Economic Policy, on the 10th, China invested $16.8 billion in Saudi Arabia last year, securing its position as a major greenfield foreign […]
Kia's EV9 Selected as 'Best New Car of 2024' by Auto TraderAnother win after Women’s World Car of the Year (WWCOTY) and World Car of the Year Kia’s flagship large electric Sports Utility Vehicle (SUV), the EV9, has once again been recognized for its value in the United States. Following its win last month as the World Car of the Year at the World Cars Awards […]
AI-Generated Content Sparks Debate in Chinese Video IndustryRecently, there has been a lively discussion about Artificial Intelligence Generated Content (AIGC) in the Chinese video content industry. Additionally, efforts to introduce AI technology on various platforms are accelerating. According to industry sources, on the 7th, the combination of AI and video content emerged as a hot topic at the 11th China Audio & […]
Saudi Arabia's Futuristic City Dream Faces Reality CheckThe Saudi Arabian government is expected to slow down the development of the Neom City project, a key initiative of Crown Prince Mohammed bin Salman. This has diminished expectations for a construction boom in our industry. Bloomberg reported on the 8th, citing sources, “Saudi Arabia has scaled back the midterm goals for Neom City, the […]
U.S. Takes on China: Investigation into Unfair Shipbuilding Trade Practices BeginsThe United States government is expected to launch an investigation into the unfair practices of the Chinese shipbuilding industry following a petition from the United Steelworkers Union (USW). Analysts anticipate that this could potentially benefit the Korean shipbuilding industry. According to a report by the Korea Trade-Investment Promotion Agency (KOTRA) on the 7th, Sanction to […]
Tesla Boosts Stock Price by $2000 with Advancements in Robotics, Energy Storage, and AIPhoto=Tesla Ark Investment Management’s CEO, Cathie Wood, has expressed strong conviction in Tesla’s stock price surge. With three key technologies as its foundation, Tesla’s stock price is predicted to follow an upward trajectory. According to industry sources on the 4th, Cathie Wood recently stated in an interview with CNBC, a U.S. economic specialist media outlet, […]
Hyundai's Electric Vehicles Drive Record Sales in U.S. MarketMarch performance drives record Q1 sales Hyundai Motor achieved a monthly sales record in the U.S. market last month. This achievement results from focusing on securing local demand for electric vehicles, primarily with brand-specific electric vehicle models like the IONIQ 5. Thanks to last month’s performance, they also set a new record for the highest […]
Hyundai Ioniq 5: Game Changer in U.S. Electric Car Sales3,361 units sold in March, a 58% increase compared to last year6,822 units sold in Q1, an 18% increase compared to last yearIoniq 6 and Kona EV joining the lineup to set new records Hyundai Motor Company is gaining prominence in the U.S. electric vehicle (EV) market by showcasing its brand-specific EV models. In particular, […]
Europe's Gas Lifeline at Risk: Ukraine Dispute Threatens SupplyRussia’s state-owned gas company, Gazprom, has supplied more than 40 million cubic meters (1.4 billion cubic feet) of gas to Europe daily. The company has been utilizing the gas pipeline in Sudzha, Ukraine, which has been the only route available since the closure of the Nord Stream pipeline. However, concerns have been raised that the […]
Inside George Soros' Portfolio: His Top 8 Stock PicksThe top eight stocks held by George Soros, often referred to as a legend in hedge funds, have been revealed. According to Yahoo Finance on the 30th, George Soros’s top eight stocks in his portfolio are Liberty Broadband Corporation, CRH, American Equity Investment Life Holding Company, Amazon, Booking Holdings, Jacobs Solutions, Uber Technologies, and Accenture. […]
9 Noteworthy Stocks in Bill Gates' PortfolioWalmart, FedEx, and Schrödinger are included Nine notable stocks from billionaire Bill Gates’ portfolio have been revealed. According to Yahoo Finance on the 30th, the nine stocks are Caterpillar, Deere & Company, Ecolab, Coca-Cola Femsa S.A.B., Walmart, FedEx Corporation, Waste Connections, Schrödinger, and Crown Castle International. Gates holds a stake in Caterpillar, a construction machinery […]
Canada Tightens Review of Foreign Investment in AI and Quantum Computing [TheGuru=Sungil Hong] The Canadian government is strengthening its review of foreign capital investments. The move is being analyzed as a step in line with the United States' efforts to curb China. According to industry reports on the 31st, the Canadian government has decided to conduct a strict review of foreign investment proposals in sensitive sectors. The Canadian government released a statement to that effect on Sept. 26 (local time). The move is in response to the recent amendments to the Investment Canada Act. The revised Investment Canada Act requires foreign companies that want to acquire companies in sensitive sectors to notify the Canadian government before the deal is finalized. The sensitive sectors identified by the Canadian government include artificial intelligence (AI), quantum computing, and space technology. Under the enhanced measures, the Canadian government can restrict access to foreign investors seeking to acquire companies in these sectors during the review period. Even if the acquisition is finalized, investors may not have access to the acquired company's data and assets. China has been blamed for the Canadian government's tightening of the review process, which had been open to foreign investment. In fact, last year, the Canadian government ordered Chinese investors to divest their stakes in three lithium companies. Industry analysts believe that Canada is following in the footsteps of the United States, which is wary of China's growing influence. The Canadian government has also mentioned the possibility of expanding the scope of the regulation to other sectors in the future, so the scope of the regulation will be closely watched...
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