August Ship Orders Go China’s Way: 90% of the Global MarketIn August, Chinese shipbuilders dominated global orders with 90% of the market share, while South Korea captured just 2%.
Shein and Temu Under the Microscope: CPSC Urges Safety AssessmentThe Consumer Product Safety Commission (CPSC) has called for evaluating the Chinese online shopping platforms Shein and Temu.
Tesla Soars 4.18% After Big China Announcement, But Intel and Nvidia Take HitsOn Wednesday, the New York Stock Exchange experienced notable movements in the stock prices of Tesla, Intel Corporation, and Nvidia.
Money’s Gone: Why U.S. Green Tech Startups Are Crashing and BurningThe clean energy sector faces rising bankruptcies due to failed fundraising and high interest rates, with notable firms shutting down.
Elon Musk's X Investment Disaster: $15 Billion Lost and What It Means for the FutureTesla CEO Elon Musk's acquisition of X (formerly Twitter) has seen its valuation plummet to $15 billion within just six months.
Toyota Reduces Production by 500,000 Vehicles Due to Typhoon and Quality IssuesToyota lowered its annual production target to 9.8 million vehicles, citing weak Chinese sales, certification issues, and typhoon.
From Nvidia to Lucid: Why CalPERS Is Betting Big on Electric VehiclesCalPERS increased its Lucid Motors investment by 24%, buying 262,123 shares, anticipating growth as Lucid expands electric vehicle rollout.
China’s Restaurant Crisis: Over 1 Million Eateries Shut Down Amid Economic MeltdownChina’s economic downturn has devastated the restaurant and tea house sectors, with over 1 million closures in the year's first half.
Shocking Truth Behind China’s AI Surge—What the U.S. Can Learn from Their SuccessChina may soon surpass the U.S. in AI, with U.S. export controls potentially accelerating China's advancements rather than hindering them.
China's EV Market Hits Rough Patch: Over 100 Companies Struggling Amid Price Wars and Subsidy CutsNorth Korean hacking targets South Korean defense; global cybersecurity shortages drive U.S. salaries up, surpassing South Korean rates.
GM Hits Pause on Major Lithium Project Amid Trump ConcernsGM postponed its $330 million investment in Lithium Americas' Thacker Pass project due to Trump’s potential re-election concerns.
Musk's 'Bulletproof' Cybertruck Fails in New Theft Incident—Watch the Shocking VideoElon Musk's Tesla electric truck, the Cybertruck, praised for its bulletproof performance, is again under scrutiny.
Apple and NVIDIA Eye Massive Investment in OpenAI—What This Means for AI’s FutureApple and NVIDIA are exploring significant investments in OpenAI, with Thrive Capital leading a $1 billion funding round.
Musk vs. Brazil: Starlink's Financial Accounts Frozen in Epic Legal BattleThere is an ongoing trend of holding platform owners accountable for activities occurring on their social media platforms.
Hyundai and Kia Earn 'A' Credit Ratings from Major AgenciesHyundai Motor and Kia recently earned A ratings from U.S. agencies Moody's Standard & Poor's (S&P) and U.K.'s Fitch.
Indonesia's Big Push for U.S. Investment Revealed—Here’s What You Need to KnowIndonesia seeks U.S. investment in its copper industry and other projects to enhance resource value and strengthen mineral cooperation.
From Buffett’s Desk to $1 Trillion: How Berkshire Hathaway Achieved This MilestoneBerkshire 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 ShutdownFirst 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.
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