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BUSINESS

  • Casino Fever: 80% of Thais Support Legalizing Casinos for Tourism Boost The Thai government is advancing casino legalization to boost tourism, with strong public support and plans for entertainment complexes.
  • Fed Cuts Rates for the First Time in Four Years: What It Means for Investors The Fed has cut interest rates for the first time in four years, impacting corporate bond markets positively amid economic adjustments.
  • Musk's Lithium Nightmare? Russia and Bolivia’s $970 Million Deal Could Shake Up the Market! Russia's state nuclear company subsidiary Uranium One Group will partner with Bolivia to build a lithium carbonate plant. 
  • China's AI Models Racing Ahead: Could They Outpace U.S. in Just Months? A recent report suggests that while China's artificial intelligence(AI) models lag behind their American counterparts by about six months.
  • Nvidia’s Plan B: Jensen Huang Reveals Backup Strategy if TSMC Faces Geopolitical Challenges Nvidia CEO Jensen Huang recently discussed the partnership with TSMC, hinting that he could utilize other foundries as necessary. 
  • House Passes Bill Blocking Tax Credits for Chinese-Backed EVs: Big Win for U.S. Auto Industry? On Thursday, U.S. House of Representatives passed H.R. 7980, the End Chinese Dominance of Electric Vehicles in America Act of 2024.
  • Trump vs. Harris Debate Sparks Market Shifts: Experts Warn of Volatility! Following the presidential debate, experts suggest focusing on market volatility over political shifts, with eco-friendly sectors rebounding.
  • Trump's Ex-Security Chief Calls for Tougher Protection of U.S. Companies! Robert O'Brien highlighted the need for the U.S. to shield American companies from stringent regulations imposed by Korea and Japan.
  • NVIDIA's Game-Changing Move: Could Samsung Replace TSMC for AI Chips? NVIDIA's CEO, Jensen Huang, hinted that the company might explore outsourcing AI chip production to firms other than Taiwan's TSMC.
  • U.S. Deputy Secretary Calls for Ban on Samsung’s and SK Hynix’s High-Tech Memory in China The U.S. government mentioned the potential export ban on high-bandwidth memory (HBM) produced by Samsung Electronics and SK Hynix in China.
  • 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.
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