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BUSINESS

  • No SIM Tray in the U.S.? Apple’s iPhone 16 Keeps It Old-School for International Users Apple's iPhone 16 series retains a nano SIM card tray in select countries, unlike the U.S., which uses only eSIM.
  • Saudi Arabia's Vision 2030 Budget Slashed—41% Drop in Project Contracts Revealed Saudi Arabia's Vision 2030 real estate projects, now valued at $1.3 trillion, saw a 41% drop in new contracts this year.
  • Michael Saylor Predicts Bitcoin Will Crush the S&P 500—Can It Really Reach $13 Million? Michael Saylor forecasts Bitcoin could reach $13 million by 2045, significantly outperforming the S&P 500, despite Peter Schiff's skepticism.
  • Apple's Big Reveal: What’s Leaving and What’s New? Apple's event unveiled iPhone 16, new AirPods, and Apple Watches. The iPhone 15 Pro, 14 Plus, and older models may be discontinued.
  • Elon Musk's Wealth Explosion: Why He Could Be the First Trillionaire by 2027 Elon Musk is projected to become the world's first trillionaire within three years, with his wealth set to quadruple by 2027.
  • NVIDIA’s 15% Crash: Real Reasons Behind the AI Stock Slump The AI sector struggles as NVIDIA’s stock plummets 15% post-Q2 earnings, reflecting broader market declines and investor caution.
  • Tesla’s 47% Drop: Shocking Truth About Why EVs Aren’t Selling The Motley Fool blames Tesla’s 47% stock drop on reduced EV interest due to range and charging issues. The Motley Fool attributes Tesla's 47% stock decline to waning EV interest, citing limited range and charging station access.
  • Canadian Mining Giant Bets Big: $3.5 Billion Copper Investment Shakes Up Argentina First Quantum Minerals is investing $3.5 billion in Argentina's Taca Taca copper project, spurred by the suspension of the Cobre Panamá mine.
  • Why River Thinks 10% of U.S. Companies Will Invest Heavily in Bitcoin Soon River expects 10% of U.S. companies to invest $10.35 billion in Bitcoin over 18 months, driven by inflation.
  • Bill Gates vs. Fake News: Why He Believes Young People Hold the Key Bill Gates, the co-founder of Microsoft, has called on the younger generation to tackle the growing problem of misinformation.
  • Elon Musk Denies It, But Is a Big xAI-Tesla Tech Deal Really on the Horizon? Reports suggest Elon Musk's xAI may license AI technologies to Tesla, raising concerns about favoritism due to Tesla’s public status.
  • NVIDIA Invests in Applied Digital, Expanding AI Investments to Broaden Its Ecosystem NVIDIA is investing in Applied Digital’s $160 million funding round, enhancing its AI ecosystem amid broader tech expansions.
  • ChatGPT's Paid User Base Tops 1 Million—Why Businesses Are Jumping on Board ChatGPT has surpassed 1 million paid business users, with OpenAI's revenue expected to exceed $3.4 billion this year.
  • Is a Trade War Looming? JP Morgan Raises Red Flags on China Stocks JPMorgan Chase downgraded Chinese stocks from "overweight" to "neutral" due to U.S.-China tensions, weak policy support, and growth concerns.
  • Will Apple’s AI Face a Ban in China? Regulatory Challenges Ahead A recent analysis suggests that Apple's AI service, Apple Intelligence, may encounter regulatory hurdles in China.
  • August Ship Orders Go China’s Way: 90% of the Global Market In August, Chinese shipbuilders dominated global orders with 90% of the market share, while South Korea captured just 2%.
  • Tesla Soars 4.18% After Big China Announcement, But Intel and Nvidia Take Hits On Wednesday, the New York Stock Exchange experienced notable movements in the stock prices of Tesla, Intel Corporation, and Nvidia.
  • Goldman Sachs: China's Economic Slump Could Push Copper Prices Down to $5,000 Next Year Goldman Sachs has revised its forecast for copper prices next year, citing weak demand due to China's economic slowdown.
  • Money’s Gone: Why U.S. Green Tech Startups Are Crashing and Burning The clean energy sector faces rising bankruptcies due to failed fundraising and high interest rates, with notable firms shutting down.
  • Tesla Unveils Plan for a 6-Seater Model Y to Tackle China’s EV Market While working to enhance the appeal of its best-selling yet aging EV lineup, Tesla has announced plans to launch a 6-seater model.
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