UK Currency Tops Major Markets as Economy Speeds UpThe British pound is leading all major currencies this year, buoyed by expectations that the Bank of England will keep interest rates high.
India vs. China: Modi's Market Reforms Propel India as New Global HubAs Indian PM Modi is expected to secure his third term, the current Indian government's economic policies are anticipated to continue.
Tesla Loses Home Advantage: U.S. Market Share Drops Below 50%According to Cox Automotive, Tesla's share of the U.S. EV market for the second quarter (April-June) was preliminarily estimated at 49.7%.
Nvidia's Secret Black Market: Chips Sold Illegally in China - Here's How They're Doing ItNvidia's advanced semiconductors, crucial for AI development, are widely distributed in China through the black market.
Trudeau Takes Stand: Blocking Chinese EV Factories in CanadaCanada appears set to block the establishment of Chinese EV factories within its borders, presumably a regulatory move against China.
Tesla Surprises with Stronger-than-Expected Q2 Deliveries, Stocks Soar 10%Tesla's shares soared nearly 10% after the company reported better-than-expected second-quarter vehicle production and delivery numbers.
China's Appetite Shakes Up Global Fruit Prices: How China's Love for Durians Is Reshaping TradeThe popularity of durian has dramatically increased in China. Last year, Southeast Asian countries exported it worth $6.7 billion to China.
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.
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.
Tesla's Dominance Challenged: U.S. Market Share Could Dip Below 50%According to data from MarkLines, Tesla's sales in the U.S. market from June to May this year amounted to 618,000 units.
The AI Bubble: Bursting Soon? Nvidia and Others Lose GroundNVIDIA has been struggling since it briefly became the most valuable publicly traded US company last week.
Investors Eye India as Stock Market Hits Trillion-Dollar MilestoneAs the Indian stock market continues to perform strongly, investors are turning their attention towards India.
Fisker's Bankruptcy Shocks Electric Vehicle IndustryFisker has filed for bankruptcy protection. Amid a slowdown in the unexpected surge in demand for electric cars and the sluggish growth.
Saudi Arabia Chooses Chinese Yuan Over US Dollar: Global Markets ReactReports from industry sources reveal that the Petrodollar agreement between Saudi Arabia and the United States expired on the 9th.
Fisker Faces Recall Crisis: 18,000+ Electric Vehicles Across North America and Europe Pulled for Safety FixesFisker recalled more than 18,000 vehicles across North America and Europe, citing software defects and non-compliance with safety standards.
NVIDIA CEO Sparks Fury in China by Calling Taiwan a CountryLast week, Nvidia CEO Jensen Huang enjoyed extraordinary popularity while visiting his homeland, Taiwan.
Apple's Vision Pro: Coming to Markets Beyond the U.S. Next Month!Apple Inc.'s mixed reality (MR) headset 'Vision Pro' will launch in regions outside the U.S. next month.
Qualcomm's Bright Outlook: Smartphone Market on the RiseQualcomm, the world’s largest smartphone processor manufacturer, has announced that the smartphone market, which had been sluggish for a while, is recovering due to Chinese demand. It’s observed that the demand for premium phones equipped with Artificial Intelligence (AI) features is increasing among Chinese consumers. According to Reuters on the 1st of May (local time), […]
Tesla's Decision to Shut Down Supercharger Department Sends ShockwavesOn the 24th of last month, Tesla vehicles were sighted charging at a Supercharger station in Fremont, California. Fremont (USA)/AFP-Yonhap News Tesla faces a wave of reductions, particularly in the battery charging sector, a core part of its electric vehicle business. This move has left the industry in a state of confusion. According to the […]
Tesla's Fall Triggers Downward Spiral for Korean Battery StocksForeigners and institutions are both selling their shares at the same timeThe stock of companies like LGES and Samsung SDI faced a decline in valueThe focus of investors is on semiconductors and AI stocks The underperformance of the market leader, Tesla, and the ‘chicken game’ of electric vehicles have caused domestic secondary battery stocks to […]
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