Nvidia Backs Lambda Labs in Massive $800 Million Capital BoostLambda Labs, a partner of Nvidia, is currently in talks to raise an additional $800 million, according to the Financial Times (FT) on June 29. Lambda, a cloud infrastructure startup, rents servers that utilize Nvidia’s AI graphics semiconductors (GPUs). This move aims to secure GPUs, which are currently in short supply, by leveraging the AI […]
France Takes Aim at Nvidia: Big Tech Battle Heats UpFrance is expected to become the first enforcer of European antitrust regulations against tech giant Nvidia.
China Plans to End Discrimination Against Foreign CompaniesChina's economic heavyweight, the Vice-premier has instructed to rectify discrimination against foreign companies.
Biden vs. Trump: Epic Showdown or Historic Disaster?President Biden and former President Trump clashed in their first presidential debate ahead of the 2024 election, hosted by CNN.
Chinese Communist Party Membership Soars: Surpassing 100 Million Milestone?Membership in the CCP grew by 1.2% over the previous year, putting it on track to exceed 100 million members by year-end.
Is America's National Security at Risk? Critical Shortage of Rare EarthsMany predict that the US may not have enough rare earth and precious metals to maintain national security and the base of major industries.
IMF Criticizes Economic Policies, Warns U.S. of Fiscal DeficitThe International Monetary Fund (IMF) has pointed out that the trade restrictions implemented by the United States to counter China are having negative effects on both the U.S. and global economies. The IMF is increasingly criticizing U.S. economic policies. On June 27, the IMF made this announcement in a statement following their annual consultation with […]
Chinese Car Brands to Dominate 33% of Global Sales by 2030 Vehicle sales outside China are projected to increase from 3 million units this year to around 9 million units by 2030.
UK Auto Market Predicts Massive Expansion by 2035The UK's Society of Motor Manufacturers and Traders (SMMT) urges the next government to collaborate closely with the automotive industry.
Wall Street Breathes Easy: U.S. Banks Ace Federal Stress TestsMajor U.S. banks were found to have robust financial health and strong enough to withstand a global recession. On June 26, Yahoo Finance reported that in the Federal Reserve’s stress tests, 31 large U.S. banks showed financial soundness despite the relaxation of minimum capital requirements. This assessment hypothesized a situation in the next two years […]
Montana Faces Economic Blow with Potential Mine ClosureThe Montana palladium mine owned by Sibanye Stillwater, a South African mining company, is expected to shut down.
IMF Warns: U.S. Trade Sanctions on China Could Backfire on EconomyThe IMF has pointed out that trade sanctions against China negatively impact both the global and U.S. economies.
Denmark Introduces 'Fart Tax' to Curb EmissionsDenmark, known as the dairy powerhouse, has decided to impose a carbon tax on farmers for the first time in the world. The so-called “fart tax” that is imposed depending on carbon dioxide emissions, is expected to levy approximately $107 per cow annually. According to the Financial Times (FT) on the 25th (local time), the […]
Could Taxing the Super Rich Fix Our Economy?A study suggested that a minimal additional tax on the world’s billionaires could potentially collect up to $250 billion annually. On the 25th (local time), the Financial Times (FT) reported that participants in a study commissioned by the Group of 20 (G20) indicated it is technically feasible to collect such an amount in taxes from […]
NVIDIA Execs Cash Out, Stock Drops 6% in One DayAmid a 6% plunge in a single day, NVIDIA CEO and other executives' stock sales have been pointed out as fueling investor anxiety.
Apple Slashes Workforce by 50%: Automation Takes Over iPhone AssemblyApple proposed its supply chain and production automation initiatives, which were postponed due to high initial costs.
Certification Scandal Halts Toyota’s Latest Lexus SUV RolloutToyota Motor Corporation, which was caught in certification fraud, is delaying the production and release of the new Lexus GX550. According to the Nihon Keizai Shimbun (Nikkei) on the 25th, Toyota is expected to delay the production and release of 100 Lexus GX550s that were pre-sold until mid-last month. Although this model was not found […]
Dow Up, S&P Down: What's Driving Wall Street's Rollercoaster?The major New York Stock exchanges experienced mixed closes for the third consecutive day.
Nvidia Faces 98% Drop Amid Market Bubble WarningsNvidia, which has risen 174% this year, has fallen sharply for three trading days, bringing back concerns about the second dotcom bubble.
Bank of England Aims for Predictability Amid Price FluctuationsDespite the drop in U.K. inflation, the Bank of England (BOE) maintained interest rates at 5.25%. Euronews reported on the 20th (local time) that the BOE decided on monetary policies in line with the market expectations and maintained the interest rate for the seventh consecutive time. Although the possibility of a decrease was raised as […]
Nvidia Backs Lambda Labs in Massive $800 Million Capital Boost Lambda Labs, a partner of Nvidia, is currently in talks to raise an additional $800 million, according to the Financial Times (FT) on June 29. Lambda, a cloud infrastructure startup, rents servers that utilize Nvidia’s AI graphics semiconductors (GPUs). This move aims to secure GPUs, which are currently in short supply, by leveraging the AI […]
France Takes Aim at Nvidia: Big Tech Battle Heats Up France is expected to become the first enforcer of European antitrust regulations against tech giant Nvidia.
China Plans to End Discrimination Against Foreign Companies China's economic heavyweight, the Vice-premier has instructed to rectify discrimination against foreign companies.
Biden vs. Trump: Epic Showdown or Historic Disaster? President Biden and former President Trump clashed in their first presidential debate ahead of the 2024 election, hosted by CNN.
Chinese Communist Party Membership Soars: Surpassing 100 Million Milestone? Membership in the CCP grew by 1.2% over the previous year, putting it on track to exceed 100 million members by year-end.
Is America's National Security at Risk? Critical Shortage of Rare Earths Many predict that the US may not have enough rare earth and precious metals to maintain national security and the base of major industries.
IMF Criticizes Economic Policies, Warns U.S. of Fiscal Deficit The International Monetary Fund (IMF) has pointed out that the trade restrictions implemented by the United States to counter China are having negative effects on both the U.S. and global economies. The IMF is increasingly criticizing U.S. economic policies. On June 27, the IMF made this announcement in a statement following their annual consultation with […]
Chinese Car Brands to Dominate 33% of Global Sales by 2030 Vehicle sales outside China are projected to increase from 3 million units this year to around 9 million units by 2030.
UK Auto Market Predicts Massive Expansion by 2035 The UK's Society of Motor Manufacturers and Traders (SMMT) urges the next government to collaborate closely with the automotive industry.
Wall Street Breathes Easy: U.S. Banks Ace Federal Stress Tests Major U.S. banks were found to have robust financial health and strong enough to withstand a global recession. On June 26, Yahoo Finance reported that in the Federal Reserve’s stress tests, 31 large U.S. banks showed financial soundness despite the relaxation of minimum capital requirements. This assessment hypothesized a situation in the next two years […]
Montana Faces Economic Blow with Potential Mine Closure The Montana palladium mine owned by Sibanye Stillwater, a South African mining company, is expected to shut down.
IMF Warns: U.S. Trade Sanctions on China Could Backfire on Economy The IMF has pointed out that trade sanctions against China negatively impact both the global and U.S. economies.
Denmark Introduces 'Fart Tax' to Curb Emissions Denmark, known as the dairy powerhouse, has decided to impose a carbon tax on farmers for the first time in the world. The so-called “fart tax” that is imposed depending on carbon dioxide emissions, is expected to levy approximately $107 per cow annually. According to the Financial Times (FT) on the 25th (local time), the […]
Could Taxing the Super Rich Fix Our Economy? A study suggested that a minimal additional tax on the world’s billionaires could potentially collect up to $250 billion annually. On the 25th (local time), the Financial Times (FT) reported that participants in a study commissioned by the Group of 20 (G20) indicated it is technically feasible to collect such an amount in taxes from […]
NVIDIA Execs Cash Out, Stock Drops 6% in One Day Amid a 6% plunge in a single day, NVIDIA CEO and other executives' stock sales have been pointed out as fueling investor anxiety.
Apple Slashes Workforce by 50%: Automation Takes Over iPhone Assembly Apple proposed its supply chain and production automation initiatives, which were postponed due to high initial costs.
Certification Scandal Halts Toyota’s Latest Lexus SUV Rollout Toyota Motor Corporation, which was caught in certification fraud, is delaying the production and release of the new Lexus GX550. According to the Nihon Keizai Shimbun (Nikkei) on the 25th, Toyota is expected to delay the production and release of 100 Lexus GX550s that were pre-sold until mid-last month. Although this model was not found […]
Dow Up, S&P Down: What's Driving Wall Street's Rollercoaster? The major New York Stock exchanges experienced mixed closes for the third consecutive day.
Nvidia Faces 98% Drop Amid Market Bubble Warnings Nvidia, which has risen 174% this year, has fallen sharply for three trading days, bringing back concerns about the second dotcom bubble.
Bank of England Aims for Predictability Amid Price Fluctuations Despite the drop in U.K. inflation, the Bank of England (BOE) maintained interest rates at 5.25%. Euronews reported on the 20th (local time) that the BOE decided on monetary policies in line with the market expectations and maintained the interest rate for the seventh consecutive time. Although the possibility of a decrease was raised as […]
Hot Topics