BUSINESS
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Cathie Wood Bets Big on Nuclear Future, Invests $2.4 Million in Oklo ARK Invest, by Cathie Wood, purchased 281,490 shares of Oklo through its exchange-traded fund (ARKQ), for approximately $2.4 million. -
Elon Musk's Public Support for Trump Sends Tesla Shares Skyrocketing Tesla's shares surged over 6% after its CEO, Elon Musk, publicly expressed support for Trump following the shooting incident last Saturday. -
Trump Shooting Caused 10% Surge in Chinese Tech Company An interesting phenomenon happened in the Chinese stock market after the assassination attempt on former U.S. President Donald Trump. -
Trump Media Soars 50% After Rally Shooting Incident Shares of Trump Media opened up more than 50% at the start of trading on Monday, the first trading day following a shooting incident. -
Bitcoin Surges Past $61,000 Due to 'Trump Effect' On the 14th, supporters of Trump, the Republican presidential candidate, continued their support parade with pickets in California. -
Cathie Wood: Nvidia’s AI Triumphs Could Hit ‘Short-Term Indigestion’ Phase ARK CEO Cathie Wood has once again expressed a negative outlook on Nvidia, the biggest beneficiary of the recent AI boom. -
Secrets to Customer Loyalty: How to Keep Them Coming Back! Here are ways to establish ongoing transactions. I hope you'll consider the nature of your industry and take some time to ponder. -
Lexus Teams Up with China's RoboSense for LiDAR in Electric Models Lexus plans to incorporate products from RoboSense, China's largest LiDAR company, into several of its electric vehicles. -
UK Currency Tops Major Markets as Economy Speeds Up The British pound is leading all major currencies this year, buoyed by expectations that the Bank of England will keep interest rates high. -
Saudi Crown Prince's Dream City Faces Financial Hurdles The Saudi Arabian government will significantly cut the budget for the Neom project, Crown Prince Mohammed bin Salman's key initiative. -
Tesla Stock Tumbles as Robo-Taxi Debut Pushed to October Tesla's Robotaxi launch, initially scheduled for August 8, has been postponed to October. As a result, Tesla's stock price dropped by 8.44%. -
U.S. Injects $1.7 Billion to Transform Old Auto Plants into EV Hubs Automakers have recently shut down these factories or are at risk of job losses due to changes in automaker plans. -
Stellantis Sees a Double Digit Drop in Quarter 2 Stellantis showed a sharp double-digit decline in the U.S. auto market during the second quarter compared to 2023 due to the low sales of plug-in hybrid electric vehicles (PHEVs). While Stellantis holds the top spot in the PHEV market, the sudden drop in PHEV sales indicates a need to revise its strategy. Stellantis sold 344,993 […] -
China's Grip on World Economies Tightens, Survey Shows A recent report revealed that most of the global population perceives China as having a significant influence on their national economies. -
Tesla Stock Soars 44% in Record-Breaking Rally Tesla’s Mega Factory profit from manufacturing large-capacity storage batteries is estimated to be equivalent to the profit from selling one million Tesla vehicles. On the 10th, Morgan Stanley raised its valuation for Tesla’s energy storage business, anticipating a surge in global electricity demand due to the AI boom and Tesla’s potential market share growth in […] -
AMD to Enhance Software Development with Silo AI Acquisition Advanced Micro Devices (AMD) is competing its AI capabilities with industry leader NVIDIA. AMD announced on the 10th that it will acquire Finnish startup Silo AI for $665 million in cash to improve the capabilities of its AI chips. Silo AI CEO Peter Sarlin will continue to lead the unit as part of the AMD […] -
India vs. China: Modi's Market Reforms Propel India as New Global Hub As Indian PM Modi is expected to secure his third term, the current Indian government's economic policies are anticipated to continue. -
China's Secret Role in Tesla's Robotaxi Revolution Revealed The success of Tesla's autonomous vehicle ride-hailing service, robotaxi, is considered a crucial driver for the company's next growth phase. -
China's BYD Unleashes Electric Car Invasion: Eyes 750,000 Exports Annually On the 10th, Bloomberg cited a JP Morgan report predicting BYD will achieve vehicle sales of up to 6 million units over the next two years. -
Bubble Tea Overload: China's Tea Shops Multiply, But At What Cost? The thing that comforts young Chinese people suffering from chronic economic difficulties is none other than milk tea, also known as bubble tea. Even the time spent waiting in line can be described as a time to catch their breaths. However, it is pointed out that the sweet “sanctuary” that young people enjoy to relax […]
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