BUSINESS
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Hyundai and Kia Earn 'A' Credit Ratings from Major Agencies Hyundai Motor and Kia recently earned A ratings from U.S. agencies Moody's Standard & Poor's (S&P) and U.K.'s Fitch. -
From Buffett’s Desk to $1 Trillion: How Berkshire Hathaway Achieved This Milestone Berkshire Hathaway, led by Warren Buffett, has reached a $1 trillion market cap for the first time, surpassing major tech firms. -
First Quantum Minerals Seeks $20 Billion in Compensation from Panama Over Cobre Panamá Mine Shutdown First Quantum Minerals seeks $20 billion from Panama for the shutdown of Cobre Panamá, affecting copper stockpile worth up to $340 million. -
Warren Buffett Offloads $982 Million in Bank of America Stock as Berkshire Cuts Stake by 13% Warren Buffett sold $982 million of Bank of America shares, reducing Berkshire Hathaway’s stake by 13% since July. -
KOSPI Falls Over 1% Despite Strong Nvidia Earnings: 'Expectations Were Too High' Nvidia's Q2 revenue surpassed expectations but fell short of market hopes, leading to declines in major Korean semiconductor stocks. -
Nvidia Posts Record Q2 Earnings but Stock Falls as Market Expectations Remain High Nvidia's strong Q2 earnings and upbeat Q3 guidance led to a stock drop, reflecting the market's high expectations. -
Snapchat Finally Launches Native iPad App After 13 Years Snapchat has introduced native iPad support after 13 years, filling the screen and enhancing accessibility, though only in portrait mode. -
UBS Ups U.S. Recession Risk as Job Market Slows Down UBS increased the probability of a U.S. recession to 25% amid weak job growth and rising unemployment, citing an uncertain economic outlook. -
Big Brands Pulling Out of China: What’s Behind the Massive Exit and Restructuring? As China’s consumer market falters, global firms like IBM and Din Tai Fung are restructuring or exiting, while Walmart expands. -
U.S. Government Pumps $50 Million into HP for Cutting-Edge Semiconductor Tech The U.S. government is granting $50 million to HP for semiconductor tech, boosting life sciences and AI equipment production. -
NVIDIA's Earnings Report Expected to Shake Up the Market with $300 Billion Price Swing Traders expect NVIDIA’s stock to swing $305 billion post-earnings report, predicting 9.8% volatility, the highest in years. -
90% of CEOs in South Korea Think AI Will Boost Their Strategic Moves—Here’s How Over 90% of South Korean CEOs believe AI can aid strategic decision-making, enhancing data analysis and efficiency. -
NVIDIA’s Big Reveal: Analysts Predict Smaller Shock in Upcoming Earnings Analysts expect NVIDIA's earnings report to show less surprise, with key focus on profit margins and guidance. -
China’s Universities Drop Foreign Language Majors: Is AI to Blame? Chinese universities are halting foreign language major recruitment due to poor job prospects and AI's impact on demand. -
Why San Francisco Isn’t Fighting to Keep Elon Musk’s X From Leaving Tesla CEO Elon Musk is relocating X’s headquarters from San Francisco to Austin, citing California's new transgender student rights law. -
Gold Hits New Highs: Hedge Funds’ Biggest Bet in Years Points to Possible Fed Rate Cut Hedge funds now hold their largest net long gold position in four years, betting on a potential U.S. rate cut. -
Nvidia Set to Outshine Q2 Earnings Predictions, But What’s Next for Its Stock? Eugene Investment & Securities predicts Nvidia will surpass Q2 earnings expectations but warns of slower stock growth ahead. -
Chinese Steel Exports Drive Iron Ore Prices to New Lows Chinese steel companies boost low-cost exports due to domestic demand slowdown, pressuring global markets and iron ore prices. -
South Korea-Cuba Mineral Deal Threatened by U.S. Helms-Burton Law As South Korea and Cuba explore mineral cooperation, concerns about the Helms-Burton Act may disrupt business, similar to Panasonic's issues. -
Gold Prices Soar: Gold Bars Now Exceed $1 Million for the First Time Ever Recent increases in gold prices have pushed the price of gold bars to surpass $1 million for the first time in history.
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