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BUSINESS

  • Uber’s Strong Earnings Signal Long-Term Potential, Analysts Say Stock Drop Is Temporary Uber continues to show robust growth, with analysts viewing the recent dip in stock prices as a buying opportunity.
  • Tesla Megapack Production Starts in Shanghai, Aims to Stabilize Power for Global Markets Tesla's Shanghai Megafactory will produce 10,000 Megapacks annually, enhancing energy storage and stabilizing power in large cities.
  • U.S. Retail Sales Soar 3.8% in Record-Breaking Holiday Shopping Season U.S. retail sales rose 3.8% during the holiday season, driven by competition and promotions, with online sales increasing 6.7%.
  • OpenAI Struggles With Service Interruptions Again After Second Outage in December OpenAI's ChatGPT and API faced over an hour of outage due to upstream provider issues, marking a second major disruption in December.
  • U.S. Dollar Soars to Two-Year High, Driven by Trump’s Economic Policies The U.S. dollar strengthens amid expectations of Trump's policies, with mixed forecasts on inflation and interest rate cuts for 2024.
  • Turkish Airlines Now the World’s Largest Airline by Country Reach, According to Guinness Turkish Airlines has been recognized by Guinness World Records for flying to the most countries, achieving 120 destinations in the last year.
  • Is Toyota’s Urban Cruiser the Future of Electric SUVs? Here's What We Know So Far Toyota's Urban Cruiser, a compact electric SUV, features advanced tech, spacious design, and three power options, debuting in January 2025.
  • Buffett’s $146 Billion Estate: How He Plans to Divide It Warren Buffett plans to donate $1.1 billion to family foundations and emphasizes the importance of discussing estate matters with heirs.
  • Lexus’ New GX: Luxury Meets Off-Road Toughness in a $65K Package Lexus unveils the redesigned 2025 GX SUV, featuring off-road capabilities and a focus on hybrid technology to regain market interest.
  • Ford, Toyota, GM and More Donate Big to Trump’s Inaugural Fund – Why Now? Automakers like Ford, Toyota, and GM donate $1M each to support Trump’s inauguration, alongside other big donors.
  • Chevrolet Trax Named Best SUV in North America: A Perfect Balance of Price and Performance The Chevrolet Trax subcompact SUV is named a top model for 2025, praised for its design, performance, and value at a reasonable price.
  • NVIDIA Set to Overtake Tesla as Most Popular Stock Among Individual Investors NVIDIA is set to surpass Tesla as the most purchased stock by individual investors, with $30 billion in purchases this year.
  • Gold Dips Slightly as Fed’s Slow Rate Cuts and Strong Dollar Pressure the Market Gold's price growth slows as investors assess potential interest rate changes in 2025 amid a strong dollar and low consumer confidence.
  • Russia’s Gas Sales Jump 13% Thanks to Surge in China Sales, But Biden’s Sanctions Could Hit Soon Gazprom expects to exceed gas sales forecasts this year, driven by demand from China, despite previous losses from the Ukraine conflict.
  • Expect a Slow Start to 2025 for U.S. Stocks, But Long-Term Growth is On Analysts caution that the U.S. stock market may not sustain its year-end rally in January and may instead experience short-term pullbacks.
  • Schneider Electric Partners with NVIDIA to Create Sustainable AI Data Centers Schneider Electric accelerates data center solutions for energy efficiency and sustainability in response to AI-driven demand.
  • Tesla Sales in South Korea Skyrocket, Expected to Top 100,000 by 2025 Tesla's sales in South Korea are surging, with expectations to exceed 100,000 units by mid-2025, despite increasing competition from BYD.
  • Is a Honda-Nissan Merger the Answer to Beating China’s Growing Auto Power? Speculation grows over a potential Honda-Nissan merger that could challenge Chinese automakers and impact global vehicle sales.
  • Honda Reveals Mass-Production Version of Midsize Electric Crossover, Ye P7 For China: Priced at $27,431 Honda reveals the Ye P7 electric crossover, designed for China, featuring advanced design and specifications for the growing EV market.
  • Honda Unveils Next-Gen Hybrid System: Fuel Efficiency Improved by More Than 10% Honda unveils a next-gen hybrid system with a 10% fuel efficiency boost and plans for a zero-emission lineup by 2040.
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