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BUSINESS

  • Tesla Breaks Records Again – 7 Million EVs in Just 12 Months Tesla hits 7M EVs produced, all pure electric, bolstered by Shanghai Gigafactory. Q3 net profit rises to $2.17B amid growth.
  • Lithium Goldmine in Arkansas: Could Reshape Global Battery Market by 2030 Researchers discovered significant lithium reserves in Arkansas, potentially exceeding global battery demand and reshaping the EV market.
  • Apple's Tim Cook Returns to China After 7 Months as iPhone Sales Falter Tim Cook visits China amid declining iPhone sales, meeting students and promoting discounts ahead of Singles' Day.
  • E. Coli Hits McDonald's, 49 Hospitalized: Onions and Beef at the Center of Investigation On Tuesday, the Centers for Disease Control and Prevention (CDC) confirmed cases in 10 states, with one death and 49 people hospitalized.
  • WTI Crude Rebounds After Middle East Tensions and China’s Rate Cut As military tensions escalated in the Middle East, the price of West Texas Intermediate (WTI) crude oil surged in the New York oil market.
  • Gold Hits Record High as Middle East Tensions and U.S. Election Fuel Demand Gold and silver prices surge amid election uncertainty and geopolitical risks, with gold reaching record highs of $2,740.
  • China and Turkey Set to Dominate Rare Earth Market with New Partnership China and Turkey signed an MOU to enhance cooperation in rare earth mining, aiming to strengthen global supply chains.
  • Musk Eyes Global Dominance: Tesla Semi Truck Heading for Europe and Beyond Elon Musk aims for the Tesla Semi truck to become a global product, with potential production in Europe and China by 2026.
  • GM CEO Warns of 'Race to the Bottom' as Chinese EVs Take Over the Market Mary Barra warns of fierce competition from Chinese EV makers, stressing GM must offer affordable options to remain competitive.
  • Elon Musk’s xAI Hiring AI Tutors—$65/hr for Bilingual Experts Elon Musk's xAI is hiring AI Tutors to generate data for NLP algorithms, offering remote contracts at $35-$65 per hour.
  • Intel Under Fire in China: Security Reviews Threaten Billions in Revenue Intel faces strict security reviews in China over product vulnerabilities, raising concerns about its financial impact amid trade tensions.
  • NVIDIA Seeks to Cut Ties with TSMC—Samsung Set to Step In NVIDIA is in talks with Samsung to manufacture gaming chips, seeking discounts to reduce reliance on TSMC amid production issues.
  • Nvidia Slips 5% After U.S. Considers New AI Chip Export Restrictions Semiconductor stocks took a sharp hit on the New York Stock Exchange, with Nvidia, a leader in AI chips, seeing a nearly 5% drop.
  • Massive Fire Halts Copper Production at World's Largest Plant in Indonesia A fire at Freeport Indonesia's copper plant halted production, raising concerns over export controls and the plant's operational future.
  • Jensen Huang Calls Musk’s Supercomputer Feat 'Superhuman' — Built in 19 Days Jensen Huang praised Elon Musk's xAI for building a supercomputer, Colossus, in just 19 days, calling it "superhuman."
  • Musk Renames Self-Driving Tesla Models: ‘Robotaxi’ and ‘Robobus’ Are Coming Tesla is moving forward with its self-driving vehicle naming system, filing trademarks for "Robotaxi" and "Robobus" with the USPTO.
  • Nvidia Takes Aim at Apple, Gunning for Top Market Cap Spot Nvidia's stock surged, reaching new highs on the New York Stock Exchange and edging closer to overtaking Apple...
  • Samsung Fires Shots at Apple! New Doc Reveals Shocking Secrets from Former Employees Samsung's documentary features ex-Apple employees discussing declining expertise and operational issues within Apple retail stores.
  • Bitcoin Could Hit $80K by Year-End, Says Bitwise's Top Analyst Bitcoin could soar to $80,000 by year's end, but market volatility and government decisions may impact this projection.
  • 'No China-Made Goods Here!' The Country That Slammed the Door on Temu Indonesia continues to block Chinese e-commerce platform Temu, citing concerns over its impact on local SMEs and competition.
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