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BUSINESS

  • Tesla’s Downward Trend: Can New Models and FSD Software Reverse the Slump? Tesla's stock declines after missing delivery targets amid rising competition, but analysts remain optimistic about future growth.
  • Apple Agrees to $95 Million Settlement Over Siri’s Alleged Eavesdropping on Users Apple agrees to pay $95M to settle Siri eavesdropping claims, offering up to $20 per device for eligible consumers.
  • Apple Slashes iPhone Prices by $68 in China to Compete with Huawei! Apple offers discounts on iPhones in China to counter competition from Huawei amid economic challenges and declining market share.
  • NVIDIA Soars to $3.28 Trillion: AI Drives Massive Growth for the Chipmaker NVIDIA's market cap is projected to surge to $3.28 trillion by 2024, driven by AI demand, positioning it as the second most valuable company.
  • Subaru's Forgotten 2-Door Coupe: Why the SVX Is Making a Comeback in the Used Car Market Subaru's SVX coupe, once a sales challenge, is now an affordable classic with striking design and solid performance.
  • Polestar 5: The 900-Horsepower Electric Sedan Ready to Take on the Porsche Taycan Polestar 5 aims to rival Porsche Taycan with bold design and high performance, focusing on luxury and innovative features.
  • Tesla Model Y Juniper: The New 3-Row SUV You’ve Been Waiting For—But Only in China The upcoming Tesla Model Y Juniper aims to improve third-row seating space, enhancing family-friendly features and comfort.
  • World’s 500 Richest People Now Worth $10 Trillion, Musk’s Wealth Doubles The world's 500 richest people had a combined net worth of $10 trillion, with Elon Musk gaining the most while Lee Jae Yong's wealth declined.
  • 66% of Americans Expect Stock Market to Rise in 2025, But Bitcoin May Face Volatility Amid Global Tensions A survey shows two-thirds of Americans expect stock market growth in 2025, but political tensions may impact both stocks and Bitcoin.
  • Trump, China, and More: 5 Key Variables That Could Shape Volatile Commodity Markets in 2025 Experts warn of unprecedented volatility in 2025's global economy, influenced by U.S. trade policies and China's economic recovery.
  • Volkswagen Data Breach Exposes 800,000 EV Owners’ Personal Info for Months Volkswagen's Cariad software unit faced a major data leak, exposing personal data of 800,000 electric vehicle owners for months.
  • Bitcoin Surges 120% in 2024, But Faces First Decline in Months After December’s Record Rally Bitcoin surged 120% in 2024 but faced a decline after hitting $108,315, influenced by profit-taking and interest rate expectations.
  • Alibaba Sells $1.6 Billion Stake in Sun Art Retail Group as It Shifts Focus Alibaba sells its 78.7% stake in Sun Art Retail for $1.6 billion, focusing on core e-commerce amid rising competition.
  • Electric Vehicle Battery Prices Fall Below $100/kWh for the First Time in History EV battery prices drop below $100/kWh for the first time, driven by improved technology and low raw material costs, impacting vehicle prices.
  • NVIDIA's $1 Billion Bet on AI: Major Investments in Startups and Acquisitions NVIDIA invested over $1 billion in AI startups in 2024, significantly increasing its influence in the tech industry amid competition concerns.
  • Elon Musk Discusses Potential Tesla Factory in South Africa Amid Starlink Expansion Talks Tesla CEO Elon Musk and South African President Cyril Ramaphosa discussed a Tesla factory and Starlink service.
  • ECB Targets 2% Inflation as Lagarde Plans Key Changes for 2025 ECB President Lagarde reports progress on 2% inflation target, emphasizing 2025 as crucial for monetary policy and digital euro development.
  • CitiGroup Exits Net-Zero Banking Alliance, Joins Growing List of U.S. Banks Scaling Back Climate Commitments CitiGroup exits the Net Zero Banking Alliance, joining other major banks in scaling back climate initiatives amid political pressures.
  • UAE’s Mubadala Investment Fund Emerges as Powerhouse, Outpacing Global Growth Mubadala Investment became the world's most dynamic sovereign wealth fund in 2024, investing $29.2 billion, up 67%.
  • Zuckerberg's Meta Stock Sales: $1.39 Million in December Amid Record-Breaking Year Mark Zuckerberg sold $1.39 million in Meta stock recently, following a trend of significant sales amid the company's strong performance.
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