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Tesla Projects Modest Growth in 2024 Deliveries as Shares Surge 7% on Strong Q3 Profits

Oct 24, 2024 15:08 pm UTC| Technology

Tesla announced a slight growth projection for 2024 vehicle deliveries following stronger-than-expected third-quarter profits, driven by reduced raw material costs. The news boosted Teslas shares by 7% after hours,...

Ford CEO Jim Farley Raves About Xiaomi’s Sold-Out SU7 After Driving It for Six Months

Oct 24, 2024 13:59 pm UTC| Technology Business

Ford CEO Jim Farley has been driving Xiaomis SU7 for half a year, praising the electric vehicle for its performance and high demand. Xiaomis EV division has struggled with losses, but the SU7 continues to be a hit with...

Apple’s iPhone SE 4 Set for December Production, Spring Launch Packs 8GB RAM and Apple Intelligence

Oct 24, 2024 13:19 pm UTC| Technology Business

The iPhone SE 4 will enter production this December, offering 8GB of RAM and the power of Apple Intelligence. A highly anticipated Spring release will bring it to the hands of budget-conscious users. Apple Intelligence...

Digital Currency Revolution

Ethereum Whale Dumps 3,000 ETH as ETH/BTC Pair Nosedives to Fresh Lows, Market Braces for More

Oct 24, 2024 13:03 pm UTC| Digital Currency Technology Business

A significant Ethereum whale deposited 3,000 ETH, valued at $7.63 million, to Kraken. This massive transfer comes as the ETH/BTC pair plunges to new lows, signaling growing bearish sentiment in the market. Ethereum...

Digital Currency Revolution

Shiba Inu Burns Hit Zero: Why Has SHIB’s Fiery Burn Rate Suddenly Gone Cold?

Oct 24, 2024 12:47 pm UTC| Digital Currency Technology Business

In a surprising twist, Shiba Inus burn rate dropped to zero over the past 24 hours. Following a major burn spike earlier in the week, the sudden halt has left the community speculating about the cause. Shiba Inu Burn...

Digital Currency Revolution

Bitcoin Could Become a Global Currency by 2030, Says CryptoQuant CEO

Oct 24, 2024 12:32 pm UTC| Digital Currency Technology Business

Bitcoin could transition into a stable global currency by 2030, according to CryptoQuants CEO Ki Young Ju. With growing institutional influence, experts forecast a shift in Bitcoins role within the financial system, moving...

TSMC Suspends Shipments After Huawei Found Using Its Chip in Possible US Sanctions Breach

Oct 24, 2024 01:08 am UTC| Technology Business

TSMC has halted shipments to a customer after uncovering its chip inside a Huawei product, which may violate strict U.S. export controls aimed at limiting Chinas access to advanced technology. Both U.S. and Taiwanese...

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Economy

Trump Delays Tariffs on Critical Minerals, Seeks Global Supply Deals to Protect U.S. Security

U.S. President Donald Trump has decided, for now, not to impose tariffs on rare earths, lithium, and other critical minerals, choosing instead to pursue international negotiations aimed at securing stable supplies. The...

U.S. Oil Prices Slide After Trump Comments Ease Iran Supply Fears

U.S. oil prices declined sharply in early Asian trading on Thursday, falling by more than $1 per barrel as easing geopolitical tensions involving Iran reduced market fears of supply disruptions. The pullback came after...

Japan Firms Warn Economic Risks as China Ties Fray and BOJ Tightens Policy

More than two-thirds of Japanese companies believe the domestic economy will suffer as relations with China continue to deteriorate, according to a recent Reuters survey conducted by Nikkei Research. Nearly half of the...

Chevron Set to Expand Venezuela Operations as U.S. Signals Shift on Oil Sanctions

Chevron is expected to receive an expanded Venezuela license from the U.S. government this week, a move that could significantly increase oil production and exports from the South American nation, according to multiple oil...

Japan Wholesale Inflation Slows as Fuel Costs Fall, BOJ Data Shows

Japans wholesale inflation growth eased toward the end of the year, signaling that falling fuel and crude oil prices are beginning to reduce cost pressures for businesses, according to the latest data released by the Bank...

Politics

Federal Judge Blocks Trump Administration From Cutting $80 Million in Minnesota SNAP Funding

A federal judge on Wednesday temporarily blocked the Trump administration from withholding roughly $80 million in federal funding used to administer Minnesotas Supplemental Nutrition Assistance Program (SNAP), commonly...

U.S. Schools Set to Bring Back Whole Milk After 15-Year Ban

U.S. children may soon see whole milk return to school cafeterias for the first time in nearly 15 years after President Donald Trump signed new legislation allowing schools to serve whole and reduced-fat milk alongside...

Trump Signs Executive Order to Prevent Long Island Rail Road Strike Affecting 300,000 Daily Commuters

President Donald Trump on Wednesday signed an executive order establishing a second emergency board aimed at preventing a potential work stoppage at the Long Island Rail Road (LIRR), a critical transportation system...

U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns

U.S. Treasury Secretary Scott Bessent has emphasized the importance of clear and well-communicated monetary policy during a recent meeting with Japanese Finance Minister Satsuki Katayama, as concerns grow over sharp...

U.S. Justice Department Sues to Block California Oil and Gas Buffer Zone Law

The U.S. Justice Department has filed a lawsuit seeking to block a California law that requires oil and gas drilling operations to maintain significant buffer zones from schools, homes, hospitals, and other community...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates

Taiwan Semiconductor Manufacturing Co (TSMC), the worlds largest contract chipmaker and a critical supplier to Nvidia and Apple, is expected to deliver a record-breaking fourth-quarter profit, driven by surging global...

U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China

U.S. lawmakers and former national security officials are voicing strong concerns over President Donald Trumps decision to allow Nvidia to resume sales of its advanced H200 artificial intelligence chips to China, warning...

Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities

Title: Taiwanese prosecutors have issued an arrest warrant for Pete Lau, the chief executive officer of Chinese smartphone maker OnePlus, accusing him of involvement in illegal business operations and recruitment...

Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive

Chinese artificial intelligence startup Zhipu AI has unveiled a new open-source image generation model, marking a significant milestone in Chinas push for technological self-reliance. The model, called GLM-Image, was...

Trump Administration Approves Nvidia H200 AI Chip Sales to China Under New Export Rules

The Trump administration has officially approved the sale of Nvidias H200 artificial intelligence chips to China, marking a major shift in U.S. export policy and reigniting debate over national security and global AI...
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