BUSINESS
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NVIDIA May Invest in xAI—Elon Musk’s AI Company Could Hit $40 Billion NVIDIA is exploring a potential investment in xAI, the artificial intelligence company founded by Tesla CEO Elon Musk. -
Tesla Stock Falls as Market Share Declines, Competition Heats Up with BYD Tesla, the leading EV manufacturer in the United States, is raising investor concerns due to a series of recent stock price declines. -
Apple’s Q3 Revenue Beats Forecasts, Stock Dips on China Sales Slowdown Apple surpasses Q3 revenue expectations but faces stock decline due to challenges in Greater China and a drop in net income. -
Reddit Turns a Profit for the First Time in Nearly 20 Years, Thanks to AI Push Reddit reported its first profit in nearly 20 years, with Q3 earnings of $29.9 million and 47% growth in daily users. -
Chipotle Hits Q3 Targets but Faces Slowdown in Sales Growth Chipotle Mexican Grill, a leading American casual dining chain, met market expectations with its third-quarter performance. -
China's Newest Billionaire: TikTok CEO Zhang Yiming Tops Rich List Zhang Yiming, the 41-year-old CEO of ByteDance, has become China's richest individual, amassing a net worth exceeding 350 billion yuan. -
Gold Surges to All-Time High—Safe Haven Demand Soars with Election and Conflict Risks Gold prices have hit a new record high of $2,771.70 per ounce amid election uncertainties and Middle East conflicts, rising 34% this year. -
Goodbye China? iPhone 17 Production Heads to India Apple is reportedly preparing to start initial production of the iPhone 17 in India, marking a significant shift in its production strategy. -
Could Disney's Next CEO Be a Woman? All Eyes on Dana Walden Dana Walden is a top contender for Disney's CEO position, paralleling Kamala Harris's bid for the first female U.S. president. -
Microsoft Shareholders Push for Bitcoin: Could Tech Giant Join Crypto Craze? Microsoft's board opposes a Bitcoin investment proposal at the upcoming shareholders meeting, citing volatility and stability concerns. -
‘Fake News’: NVIDIA CEO Shuts Down Feud Rumors, Blackwell AI Chip Ready to Roll NVIDIA CEO Jensen Huang announced that Taiwan's TSMC has fixed all design flaws in the company's latest AI chip, Blackwell. -
LinkedIn Slapped with $335M Fine Over Targeted Ads Violations in Europe The Irish Data Protection Commission fined LinkedIn €310 million for violations of GDPR related to targeted advertising practices. -
Palladium Prices Spike 9.5% on Potential G7 Sanctions Against Russia’s Metals Palladium prices surged 9.5% after the U.S. proposed G7 sanctions on Russian minerals, raising supply concerns amid market anxiety. -
NVIDIA’s Jensen Huang Warns Europe: Don’t Fall Behind the U.S. and China in AI During his visit to Copenhagen on Wednesday, Huang mentioned that the EU is far behind the U.S. and China regarding AI investment. -
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.
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