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BUSINESS

  • Trump’s Inauguration Fuels a Sharp Jump in Treasury Yields, Pushing 10-Year Bonds to 4.7% U.S. Treasury yields rise sharply as Trump’s inauguration nears, with forecasts suggesting potential increases to 5.5% or even 6%.
  • UAE Billionaire Joins Forces with Trump to Build $20 Billion Data Centers President-elect Donald Trump has secured the UAE billionaire's investment in constructing data centers across the United States.
  • Nvidia and AMD’s Breakthrough Products at CES 2025: Why These Stocks Are Set to Skyrocket Nvidia and AMD unveiled innovative products at CES 2025, showcasing advancements in AI and computing technology with strong sales growth.
  • China Gets the AI Robotics Spotlight as NVIDIA Teams Up for Breakthroughs NVIDIA focuses on AI robotics software with Cosmos, a platform for physical AI development while excluding South Korean partners.
  • U.S. Cold Snap Drives Oil Prices Up, WTI Climbs to $74.25 A cold wave in the U.S. boosts heating demand, raising oil prices to a three-month high amid expectations of China's economic stimulus.
  • Amazon Plows $11 Billion into AI Infrastructure – Will This Boost Georgia’s Economy? Amazon invests $11 billion in Georgia's AWS to boost AI infrastructure, creating 550 high-skilled jobs amid rising energy demands.
  • NVIDIA’s CEO Doubts Samsung’s HBM Design – Can Samsung Catch Up? NVIDIA's CEO highlights Samsung's HBM design flaws at CES 2024, emphasizing their potential in the competitive semiconductor market.
  • Sony and Honda's New Electric Car Aims to Take Down Tesla – Here's What You Need to Know Sony and Honda's joint venture AFEELA aims to compete with Tesla in the luxury EV market, launching models with advanced AI features.
  • Exxon Mobil Faces $1.2 Billion Loss Amid Falling Oil Prices and Refining Margins Exxon Mobil's Q4 results were hit by lower oil prices and refining margins, leading to significant earnings declines despite asset sales.
  • Tesla's Remote Parking Feature Could Be Dangerous, Says NHTSA NHTSA investigates 2.56M Tesla vehicles over accidents linked to the "Actually Smart Summon" feature that fails to detect obstacles.
  • Moderna’s Stock Soars After CDC Reports First Bird Flu Death in the U.S. Moderna's stock surged over 10% following the first U.S. avian influenza A (H5N1) death, as the company develops a vaccine.
  • CATL, World’s Top EV Battery Maker, Added to Pentagon Blacklist The U.S. blocked CATL, citing military ties, impacting its market share and IPO plans amid concerns over its EV battery dominance.
  • Daihatsu Sigra: Indonesia’s Budget-Friendly, Eco-Friendly Minivan The Daihatsu Sigra is an eco-friendly, compact MPV designed for families in Indonesia, offering comfort and affordability.
  • AI Models Predict Major Cryptos Like Bitcoin, Ethereum, and Solana to Soar in 2025 AI models predict significant price increases for major cryptocurrencies by 2025, driven by factors like ETFs and Ethereum upgrades.
  • China Molybdenum Hits Record Cobalt Production, Driving Global Surplus and Price Drop CMOC is set to become the largest cobalt producer in 2024, doubling output and creating a global surplus that impacts prices.
  • Lisa Cook Warns U.S. Stock Market Valuations Could Be Overly Optimistic Lisa Cook warns of elevated U.S. stock and corporate bond valuations, raising concerns about potential market risks and liquidity issues.
  • China Slams U.S. for Blocking Nippon Steel’s Acquisition, Calls It Protectionism China's state media criticized the US for blocking Japan's steel acquisition, labeling it as protectionism and a political maneuver.
  • Brent Crude Hits $76 as Saudi Arabia's Price Increase and Supply Constraints Drive Up Oil Costs Saudi Arabia's oil price hike drives crude to three-month highs, amidst supply constraints from Iran and Russia affecting the market.
  • US New Vehicle Sales Projected to Reach 15.9 Million in 2024, Led by Hybrid Demand US vehicle sales are set to reach 15.9 million in 2024, led by hybrids, as market dynamics shift under new policies.
  • Uber and Lyft Prepare for Robotaxi Launches in U.S. Cities This Year Uber and Lyft are set to launch robotaxis in select US cities, focusing on safety and infrastructure challenges.
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