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business Archives - ViewusGlobal

#business (510 Posts)

  • Could Higher Interest Rates Be Good News for Bank Stocks? Analysts Weigh In Analysts believe rising U.S. interest rates could benefit bank stocks, anticipating steady earnings amid a soft landing expectation.
  • NVIDIA Overtakes Microsoft: Now the World’s Second-Largest Company NVIDIA reclaims its position as the world’s second-largest company, surpassing Microsoft amid growing demand for artificial intelligence.
  • TikTok Makes Changes to User Registration and Data Transparency TikTok revamps user registration, enhancing transparency on data collection amid privacy investigations by South Korean authorities.
  • Google Loses to Epic: Android Users to Get More App and Payment Options A U.S. court orders Google to allow third-party app downloads and payment methods, boosting competition after Epic Games' lawsuit.
  • China’s BYD and Tesla Battle for EV Supremacy as Global Sales Hit 10 Million By August this year, the global number of registered EVs has approached 10 million, marking a 20% increase compared to last year.
  • Oil Jumps Over 3% as Fears of Instability in the Middle East Grow Global oil prices surge as Brent crude tops $80 per barrel amid rising tensions in the Middle East following Iran's missile attack.
  • Amazon Shuts Down More Go Stores but Keeps Its Just Walk Out Tech Alive Amazon reduces Amazon Go stores by half, closes three, and focuses on licensing cashierless tech to third-party stores.
  • SpaceX’s Falcon 9 Back on Schedule After FAA Lifts Suspension SpaceX's Falcon 9 rocket will relaunch on October 7 for the Hera mission, following FAA approval after last month's mishap.
  • Fifth Recall for Tesla: Cybertruck Owners Face New Rearview Camera Issues Tesla has announced its fifth recall related to the Cybertruck following an issue with the vehicle's rearview camera system.
  • Toyota Reconsiders North American EV Rollout as Sales Slow Down Toyota delays North American EV production to 2026 due to slow sales and market changes, while maintaining long-term investment plans.
  • Mark Zuckerberg Becomes World’s No. 2 Richest, Surpassing Bezos Meta CEO Mark Zuckerberg has become the second richest person in the world, overtaking Amazon founder Jeff Bezos.
  • $2.1 Trillion Needed by 2050 to Meet Raw Material Demand By 2050, the mining industry will need $2.1 trillion to meet the rising demand for minerals crucial for a low-carbon economy.
  • Tesla CIO Nagesh Saldi Steps Down Just Before Robotaxi Reveal Tesla's Chief Information Officer (CIO), Nagesh Saldi, is set to leave the company, according to a report by Bloomberg on Thursday.
  • Court Rules in Favor of Musk: Tesla Shareholders’ Lawsuit Tossed Out Tesla shareholders' lawsuit against Elon Musk dismissed by court, citing lack of evidence for damages from his statements.
  • NLRB vs. Apple: Legal Showdown Over Employee Advocacy Rights NLRB accuses Apple of violating employee rights with illegal policies, sparking legal action and stock price decline.
  • Buffett Goes All-In on Japan with New Samurai Bond Issuance Warren Buffett leads Berkshire Hathaway in a second Samurai bond issuance, emphasizing a strategic focus on Japan's market.
  • $5 Billion Fallout Expected as U.S. Dockworkers Launch Historic Port Strike Dockworkers' strike threatens U.S. ports, significantly risking $5 billion economic fallout and disrupting global supply chains.
  • Hidden War: How China Influences Korea’s Electric Vehicle Market Online China influences public opinion against Korean products through organized online commentary, employing tactics to incite discord.
  • Domestic First: China Urges Firms to Skip NVIDIA and Buy Local Semiconductors China urges its businesses to favor domestic semiconductor chips over NVIDIA's AI processors to bolster its chip industry.
  • Shockwaves in EV Market: EU Eyes Up to 45% Tariff on Chinese Imports The EU plans to vote on tariffs up to 45% on Chinese electric vehicles, with member states negotiating to avoid them.
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