NVIDIA Stock on Track for $170 by March: Mizuho Highlights Record AI Earnings as Key Driver

Dec 13, 2024 08:24 am UTC| Economy Technology Business

Mizuhos bullish outlook sees NVIDIA stock hitting $170 by March, thanks to record-breaking AI earnings and robust data center growth. Analysts expect optimistic updates at CES in January and major momentum heading into the...

Tesla Cybertruck’s Mysterious BYD Visit: Reverse-Engineering Buzz Shakes Up EV Battlefield

Dec 13, 2024 07:47 am UTC| Economy Technology Business

A Tesla Cybertruck spotted at a BYD facility in China is stirring whispers of possible reverse-engineering. The surprising encounter underscores a fierce EV arms race, as global automakers confront shifting demands,...

Elon Musk Targeted by SEC Again as Neuralink Investigation Resurfaces and Fresh Charges Loom

Dec 13, 2024 07:15 am UTC| Economy Technology

The SEC is preparing new charges against Elon Musk while reopening its probe into Neuralink. Musks lawyer claims the agencys actions, following a multi-year investigation, amount to six years of harassment. SEC Targets...

Argentina’s soaring poverty levels don’t seem to be hurting president Javier Milei – but the honeymoon could be over

Dec 13, 2024 05:35 am UTC| Insights & Views Economy

Argentina, a nation once ranked among the wealthiest in the world, has found itself grappling with severe economic challenges over the past 25 years. Then, one year ago, provocative libertarian economist Javier Milei was...

Central Banking Series

Central Banks React: Coordinated Rate Cuts Signal Global Economic Caution

Dec 13, 2024 04:48 am UTC| Central Banks Economy

On December 11, 2024, the Bank of Canada (BoC) implemented a 50 basis point cut to its overnight interest rate, bringing it down to 3.25%. This reduction marks the second consecutive cut of this magnitude and the fifth...

Trump’s FTC Pick Andrew Ferguson Takes Aim at AI, Big Tech, and Social Media’s Hidden Crisis

Dec 13, 2024 04:02 am UTC| Economy Technology Politics

President-elect Donald Trumps FTC nominee, Andrew Ferguson, is ready to challenge Big Tech dominance and reshape AI and social media oversight. His agenda prioritizes innovation while addressing privacy and transparency...

Nvidia Doubles Down in China for AI Cars: 200 Hires Boost Ambitions Amid Trade Tensions

Dec 13, 2024 03:40 am UTC| Economy Technology

Nvidia, the global semiconductor leader, is amplifying its AI-driven car research in China, hiring 200 new employees even as semiconductor trade tensions escalate. Nvidia Expands AI Car Research in China Nvidia, a...