First Quantum Minerals Seeks $20 Billion in Compensation from Panama Over Cobre Panamá Mine Shutdown First Quantum Minerals seeks $20 billion from Panama for the shutdown of Cobre Panamá, affecting copper stockpile worth up to $340 million.
Warren Buffett Offloads $982 Million in Bank of America Stock as Berkshire Cuts Stake by 13% Warren Buffett sold $982 million of Bank of America shares, reducing Berkshire Hathaway’s stake by 13% since July.
KOSPI Falls Over 1% Despite Strong Nvidia Earnings: 'Expectations Were Too High' Nvidia's Q2 revenue surpassed expectations but fell short of market hopes, leading to declines in major Korean semiconductor stocks.
Nvidia Posts Record Q2 Earnings but Stock Falls as Market Expectations Remain High Nvidia's strong Q2 earnings and upbeat Q3 guidance led to a stock drop, reflecting the market's high expectations.
Snapchat Finally Launches Native iPad App After 13 Years Snapchat has introduced native iPad support after 13 years, filling the screen and enhancing accessibility, though only in portrait mode.
UBS Ups U.S. Recession Risk as Job Market Slows Down UBS increased the probability of a U.S. recession to 25% amid weak job growth and rising unemployment, citing an uncertain economic outlook.
Big Brands Pulling Out of China: What’s Behind the Massive Exit and Restructuring? As China’s consumer market falters, global firms like IBM and Din Tai Fung are restructuring or exiting, while Walmart expands.
U.S. Government Pumps $50 Million into HP for Cutting-Edge Semiconductor Tech The U.S. government is granting $50 million to HP for semiconductor tech, boosting life sciences and AI equipment production.
NVIDIA's Earnings Report Expected to Shake Up the Market with $300 Billion Price Swing Traders expect NVIDIA’s stock to swing $305 billion post-earnings report, predicting 9.8% volatility, the highest in years.
90% of CEOs in South Korea Think AI Will Boost Their Strategic Moves—Here’s How Over 90% of South Korean CEOs believe AI can aid strategic decision-making, enhancing data analysis and efficiency.
NVIDIA’s Big Reveal: Analysts Predict Smaller Shock in Upcoming Earnings Analysts expect NVIDIA's earnings report to show less surprise, with key focus on profit margins and guidance.
China’s Universities Drop Foreign Language Majors: Is AI to Blame? Chinese universities are halting foreign language major recruitment due to poor job prospects and AI's impact on demand.
Why San Francisco Isn’t Fighting to Keep Elon Musk’s X From Leaving Tesla CEO Elon Musk is relocating X’s headquarters from San Francisco to Austin, citing California's new transgender student rights law.
Gold Hits New Highs: Hedge Funds’ Biggest Bet in Years Points to Possible Fed Rate Cut Hedge funds now hold their largest net long gold position in four years, betting on a potential U.S. rate cut.
Nvidia Set to Outshine Q2 Earnings Predictions, But What’s Next for Its Stock? Eugene Investment & Securities predicts Nvidia will surpass Q2 earnings expectations but warns of slower stock growth ahead.
Chinese Steel Exports Drive Iron Ore Prices to New Lows Chinese steel companies boost low-cost exports due to domestic demand slowdown, pressuring global markets and iron ore prices.
South Korea-Cuba Mineral Deal Threatened by U.S. Helms-Burton Law As South Korea and Cuba explore mineral cooperation, concerns about the Helms-Burton Act may disrupt business, similar to Panasonic's issues.
Gold Prices Soar: Gold Bars Now Exceed $1 Million for the First Time Ever Recent increases in gold prices have pushed the price of gold bars to surpass $1 million for the first time in history.
Democrats Avoid Crypto Debate: What This Silence Could Mean for the Industry Although the Democratic Party released its draft platform for the presidential election, it did not mention cryptocurrency.
Trump's Shocking Comments Leave Hyundai and Kia Scrambling Amid Success in the U.S. Trump suggested he might eliminate the $7,500 EV tax credit if re-elected, which would impact Hyundai and South Korea's battery industry.
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