Dow Jones Breaks the 40,000 Barrier for the First Time The Dow Jones Industrial Average (DJIA) of the New York Stock Exchange surpassed the 40,000-point mark for the first time in its history on the 16th (local time). The Dow peaked at 40,051.05 around 11 a.m. but it partially returned its gains in the afternoon, closing down 38.62 points (-0.1%) at 39,869.38 compared to the […]
U.S. Consumers Pull Back on Electric Vehicle Purchases The popularity of electric cars in the U.S. is declining. The price burden caused by high interest rates and the lack of charging infrastructure is holding back the mainstreaming of electric vehicles. On the 16th (local time), market research firm JD Power released the 2024 U.S. Electric Vehicle Consideration Report. Among the survey respondents, the […]
Hyundai and Kia Models Dominate U.S. Most Stolen Vehicles List In the U.S., many car theft crimes occur, mainly targeting large and expensive models such as the Cadillac Escalade, Ford F Series, and Chevrolet Silverado. In 2022, Hyundai’s Sonata and Elantra entered the top 10 for the first time, and this trend intensified last year. Hyundai Elantra Was the Most Stolen in the U.S. […]
Is America Missing the Mark on Electric Cars? Following Europe, opinions have been expressed in the U.S. that securing competitiveness is a priority rather than regulating Chinese electric vehicles. It is argued that it is not the right way for the Biden administration to increase tariffs on Chinese electric vehicles to 100%. Jameson Dow, a journalist who specializes in EVs and sustainable energy, […]
Will Chinese Electric Cars Dominate Europe? U.S. Tariffs Shift Focus [The Guru=Yoon Jin-Woong Reporter] Chinese electric vehicles (EVs) are being identified as disruptiv ...
Warren Buffett's Latest Gamble: $6.7 Billion Invested in Insurance Giant Berkshire Hathaway has been secretly buying stocks of the casualty insurance company Chubb since the third quarter...
Why Michael Burry is Ditching Tech for Gold Amid Economic Uncertainty Scion Asset Management, led by Michael Burry, newly purchased 447,290 shares of Sprott Physical Gold Trust...
Inflation Cooling: U.S. Consumer Prices Show Signs of Relief The major indices of the US stock market are showing strength on May 15 (local time) amid a slowdown in the rise of the US Consumer Price Index (CPI). The US Department of Labor announced on the same day that the April CPI increased by 3.4% compared to last year. Last month’s CPI matched the […]
UAE's AI Revolution: Introducing the Falcon 2 Series The United Arab Emirates (UAE) is investing in AI. On May 13th, the UAE government research institute announced a new open-source gen-AI model capable of competing with large technology companies. The Abu Dhabi Technology Innovation Institute (TII) has launched the Falcon 2 series, which includes the text-based model Falcon 2 11B and the vision-to-language model […]
U.S. Election Impact on Semiconductor Industry: Insights from Korea Institute for Industrial Economics & Trade A representative was seen examining a wafer at a booth during the Semiconductor Exhibition (SEDEX) h ...
Boeing's Problems Impact Lufthansa's Business: CEO Speaks Out [Alphabiz=(Madrid) Special Correspondent Shin Jung-hoon] Recently, Germany's Lufthansa publicly ...
Hyundai's Ioniq 5 eN1: The Electric Race Car of the Future Hyundai Motor Company is set to host the 2024 Hyundai N Festival on the 11th and 12th at the Everland Speedway in Yongin, Gyeonggi Province. The Hyundai N Festival will also feature the eN1 Class, Korea’s first electric vehicle racing competition. The class will showcase the Ioniq 5 eN1 Cup Car, the first electric race […]
BP Eyes Acquisition of Tesla's Supercharger Network British Petroleum (BP), Britain’s largest and the world’s second-largest oil refiner, has expressed its intent to acquire Tesla’s electric vehicle charging station network, the Supercharger division. According to Bloomberg on the 9th (local time), BP announced that it is currently negotiating with Tesla to purchase its charging station network. Last week, Tesla laid off 500 […]
U.S. Government Blocks Chip Supply to Huawei: A New Trade War? China warned the U.S. that it would also suffer damage from its government's decision to block Huawei...
China's Immune Therapy Stocks Soar as Research Delivers Promising Results Baidu AIChinese immunotherapy stocks are leading the rebound in the Chinese stock market with a 10-d ...
Boeing's Runway Drama: Plane Lands Without Front Landing Gear Boeing has now revealed an issue with the landing gear of its cargo planes. The Turkish Ministry of Transportation announced on the 8th (local time) that a Boeing cargo plane from FedEx Corporation landed at Istanbul Airport without its front landing gear and remained on the tarmac, but no one was injured. According to a […]
Twitter Creator's Block to Invest Heavily in Bitcoin: A Vote of Confidence in Crypto Jack Dorsey, the founder of Twitter, has shown a strong commitment to investing in Bitcoin. He plans to strengthen his investment portfolio through continuous Bitcoin purchases. According to the industry on the 9th, Dorsey revealed plans to buy Bitcoin every month through his fintech company, Block, using a Dollar-Cost Averaging (DCA) strategy. This move reflects […]
China Gives Tesla the Green Light to Test Robotaxis Elon Musk, CEO of Tesla, recently visited China and proposed to locally test robotaxis. According to China Daily, the Chinese government responded positively to this proposal on the 8th. The media outlet reported that Musk not only requested approval for the release of Full Self-Driving (FSD) software during his visit to China last month but […]
Musk's Mass Firing Raises Questions About Tesla's NACS Standard Elon Musk of Tesla has raised the issue of charger standards with existing automakers since last year, after firing the entire Tesla charging team. Ford and Rivian, the first to adopt Tesla’s NACS system, can charge through an adapter for Tesla’s NACS. Following this, they plan to start supporting GM, Volvo, Polestar, and others this […]
NVIDIA and Vietnam: A Power Partnership in AI and Semiconductors Recently, high-ranking officials from NVIDIA, one of the hottest companies globally, have been visiting Vietnam frequently. Following NVIDIA CEO Jensen Huang’s visit to Vietnam last year, Vice President Keith Strier led a high-level delegation to Vietnam last month. Vice President Strier visited Vietnam from April 22 to 26 to fulfill the artificial intelligence (AI) and […]
Dow Jones Breaks the 40,000 Barrier for the First Time The Dow Jones Industrial Average (DJIA) of the New York Stock Exchange surpassed the 40,000-point mark for the first time in its history on the 16th (local time). The Dow peaked at 40,051.05 around 11 a.m. but it partially returned its gains in the afternoon, closing down 38.62 points (-0.1%) at 39,869.38 compared to the […]
U.S. Consumers Pull Back on Electric Vehicle Purchases The popularity of electric cars in the U.S. is declining. The price burden caused by high interest rates and the lack of charging infrastructure is holding back the mainstreaming of electric vehicles. On the 16th (local time), market research firm JD Power released the 2024 U.S. Electric Vehicle Consideration Report. Among the survey respondents, the […]
Hyundai and Kia Models Dominate U.S. Most Stolen Vehicles List In the U.S., many car theft crimes occur, mainly targeting large and expensive models such as the Cadillac Escalade, Ford F Series, and Chevrolet Silverado. In 2022, Hyundai’s Sonata and Elantra entered the top 10 for the first time, and this trend intensified last year. Hyundai Elantra Was the Most Stolen in the U.S. […]
Is America Missing the Mark on Electric Cars? Following Europe, opinions have been expressed in the U.S. that securing competitiveness is a priority rather than regulating Chinese electric vehicles. It is argued that it is not the right way for the Biden administration to increase tariffs on Chinese electric vehicles to 100%. Jameson Dow, a journalist who specializes in EVs and sustainable energy, […]
Will Chinese Electric Cars Dominate Europe? U.S. Tariffs Shift Focus [The Guru=Yoon Jin-Woong Reporter] Chinese electric vehicles (EVs) are being identified as disruptiv ...
Warren Buffett's Latest Gamble: $6.7 Billion Invested in Insurance Giant Berkshire Hathaway has been secretly buying stocks of the casualty insurance company Chubb since the third quarter...
Why Michael Burry is Ditching Tech for Gold Amid Economic Uncertainty Scion Asset Management, led by Michael Burry, newly purchased 447,290 shares of Sprott Physical Gold Trust...
Inflation Cooling: U.S. Consumer Prices Show Signs of Relief The major indices of the US stock market are showing strength on May 15 (local time) amid a slowdown in the rise of the US Consumer Price Index (CPI). The US Department of Labor announced on the same day that the April CPI increased by 3.4% compared to last year. Last month’s CPI matched the […]
UAE's AI Revolution: Introducing the Falcon 2 Series The United Arab Emirates (UAE) is investing in AI. On May 13th, the UAE government research institute announced a new open-source gen-AI model capable of competing with large technology companies. The Abu Dhabi Technology Innovation Institute (TII) has launched the Falcon 2 series, which includes the text-based model Falcon 2 11B and the vision-to-language model […]
U.S. Election Impact on Semiconductor Industry: Insights from Korea Institute for Industrial Economics & Trade A representative was seen examining a wafer at a booth during the Semiconductor Exhibition (SEDEX) h ...
Boeing's Problems Impact Lufthansa's Business: CEO Speaks Out [Alphabiz=(Madrid) Special Correspondent Shin Jung-hoon] Recently, Germany's Lufthansa publicly ...
Hyundai's Ioniq 5 eN1: The Electric Race Car of the Future Hyundai Motor Company is set to host the 2024 Hyundai N Festival on the 11th and 12th at the Everland Speedway in Yongin, Gyeonggi Province. The Hyundai N Festival will also feature the eN1 Class, Korea’s first electric vehicle racing competition. The class will showcase the Ioniq 5 eN1 Cup Car, the first electric race […]
BP Eyes Acquisition of Tesla's Supercharger Network British Petroleum (BP), Britain’s largest and the world’s second-largest oil refiner, has expressed its intent to acquire Tesla’s electric vehicle charging station network, the Supercharger division. According to Bloomberg on the 9th (local time), BP announced that it is currently negotiating with Tesla to purchase its charging station network. Last week, Tesla laid off 500 […]
U.S. Government Blocks Chip Supply to Huawei: A New Trade War? China warned the U.S. that it would also suffer damage from its government's decision to block Huawei...
China's Immune Therapy Stocks Soar as Research Delivers Promising Results Baidu AIChinese immunotherapy stocks are leading the rebound in the Chinese stock market with a 10-d ...
Boeing's Runway Drama: Plane Lands Without Front Landing Gear Boeing has now revealed an issue with the landing gear of its cargo planes. The Turkish Ministry of Transportation announced on the 8th (local time) that a Boeing cargo plane from FedEx Corporation landed at Istanbul Airport without its front landing gear and remained on the tarmac, but no one was injured. According to a […]
Twitter Creator's Block to Invest Heavily in Bitcoin: A Vote of Confidence in Crypto Jack Dorsey, the founder of Twitter, has shown a strong commitment to investing in Bitcoin. He plans to strengthen his investment portfolio through continuous Bitcoin purchases. According to the industry on the 9th, Dorsey revealed plans to buy Bitcoin every month through his fintech company, Block, using a Dollar-Cost Averaging (DCA) strategy. This move reflects […]
China Gives Tesla the Green Light to Test Robotaxis Elon Musk, CEO of Tesla, recently visited China and proposed to locally test robotaxis. According to China Daily, the Chinese government responded positively to this proposal on the 8th. The media outlet reported that Musk not only requested approval for the release of Full Self-Driving (FSD) software during his visit to China last month but […]
Musk's Mass Firing Raises Questions About Tesla's NACS Standard Elon Musk of Tesla has raised the issue of charger standards with existing automakers since last year, after firing the entire Tesla charging team. Ford and Rivian, the first to adopt Tesla’s NACS system, can charge through an adapter for Tesla’s NACS. Following this, they plan to start supporting GM, Volvo, Polestar, and others this […]
NVIDIA and Vietnam: A Power Partnership in AI and Semiconductors Recently, high-ranking officials from NVIDIA, one of the hottest companies globally, have been visiting Vietnam frequently. Following NVIDIA CEO Jensen Huang’s visit to Vietnam last year, Vice President Keith Strier led a high-level delegation to Vietnam last month. Vice President Strier visited Vietnam from April 22 to 26 to fulfill the artificial intelligence (AI) and […]
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