Global Trade
Tesla, GM, and Ford Express Concerns Over EV Production Amid Economic Uncertainties
Tesla CEO Elon Musk, in line with automotive giants General Motors (GM) and Ford, has urged caution regarding the escalation of electric vehicle (EV) production...
Balancing Act: How US Rules Chart a Course for Semiconductor Industry
In a significant move, the Biden administration has imposed sweeping regulations, strategically aimed at severing China’s access to critical US artificial intelligence (AI) chips. Concurrently,...
Nvidia: 52-Week High Takes a Hit, Stock Value Dips 5%
The Biden administration announced on Tuesday its intention to halt shipments of select artificial intelligence (AI) chips from prominent American companies, including Nvidia (NVDA), to...
Oil Prices Surge as Iran Calls for Embargo on Israel Following Gaza Hospital Explosion
On Wednesday, oil prices saw a sharp spike following a call for an embargo on Israel by Iran in response to a deadly explosion at...
Stocks Dip Amid Middle East Tensions and Lackluster Earnings
Stocks opened Wednesday on a somber note, as escalating tensions in the Middle East triggered a surge in oil prices. Investors grappled with uninspiring earnings...
Consumers Dodge Higher Costs as Gasoline Prices Remain Resilient Amid Crude Surge
In the midst of an ongoing conflict between Hamas and Israel and a 5% surge in US crude oil futures, the American public has witnessed...
Competitive Edge: Stellantis Embraces Low-Cost Platform for Electric Future
In a strategic move to tap into the burgeoning market of affordable Chinese electric vehicles (EVs) flooding Europe, Stellantis, the automotive giant born from the...
BYD Projects Staggering Q3 Net Profit Amidst Industry Competition
Chinese electric vehicle juggernaut, BYD, announced on Tuesday its projection of a twofold surge in net profit for the third quarter, attributing the surge to...
US Halts AI Chips Exports to China, Tightens Controls
Exports of AI chips to China Halted In a significant move to safeguard advanced US technologies and curb China’s military development, the Biden administration announced...
Bitcoin’s Soaring Rally Fuels Hopes as SEC ETF Decision Looms
The recent 10% surge in Bitcoin has sent ripples through the crypto market, grabbing the attention of traders and enthusiasts alike. This spike comes in...
