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Tesla Grows Market Share in Sweden Despite Strikes, Led by Strong Model Y Sales

Oct 02, 2024 22:31 pm UTC| Technology Business

Despite facing pro-union strikes in Sweden, Tesla increased its market share to 8.5%, selling 16,478 vehicles in 2024. The Model Y, accounting for 80% of sales, remains the top choice among Swedish buyers, solidifying...

Snapchat CEO Evan Spiegel Sells LA Mansion for $16.1M, Nearly $4M Below Asking Price

Oct 02, 2024 22:25 pm UTC| Business

Snapchat CEO Evan Spiegel sold his Los Angeles mansion for $16.1 million, significantly below the original $19.95 million asking price. Despite a price cut and challenging market conditions, the sale highlights ongoing...

Tim Cook Cashes Out $50M in Apple Stock, Fuels Market Buzz

Oct 02, 2024 21:57 pm UTC| Technology Business

Tim Cook, CEO of Apple, has sold $50 million in Apple stock, according to recent SEC filings. The substantial sales amplified discussions about executive decisions as Apple maintained its market dominance. Tim Cooks $50...

Tesla Robotaxi Commercial Rollout Could Hit by 2025-2026, Says Morgan Stanley

Oct 02, 2024 21:04 pm UTC| Technology Business

Tesla may commercially launch its Robotaxi by 2025 or 2026, according to a prediction by Morgan Stanley analyst Adam Jonas. The upcoming debut at the We, Robot event in Los Angeles intensifies focus on Teslas progress in...

OpenAI’s $157B Power Play: Investors Blocked from Supporting Elon Musk’s xAI Rival

Oct 02, 2024 20:44 pm UTC| Technology Business

OpenAI, now valued at $157 billion, is demanding exclusive support from investors, discouraging any contributions to rival firms like Elon Musks xAI, as the competition for AI dominance intensifies. OpenAI Blocks Rival...

Navigating The World of Compact Strollers: A Guide for Modern Parents

Oct 02, 2024 20:38 pm UTC| Business

Modern parents, faced with hectic lifestyles, continually search for efficient solutions that streamline their routines without compromising on their childrens well-being. One area where this need for convenience...

Digital Currency Revolution

Shiba Inu (SHIB) Soars 2,944% as Whales Flood Market with Billions in Bullish Inflows

Oct 02, 2024 20:29 pm UTC| Digital Currency Technology Business

Shiba Inu (SHIB) holders have witnessed a significant shift in whale activity, with major netflow surging 2,944% in the past 24 hours. The sudden spike suggests increased confidence among large holders, raising...

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Economy

​South Korea Warns Weak Won Could Push Inflation Higher in 2025

South Koreas central bank has warned that inflation next year could exceed earlier projections if the Korean won remains weak against the U.S. dollar, raising concerns about price stability and currency market pressures....

Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism

Chinese robotaxi stocks surged in Hong Kong trading on Wednesday, tracking strong overnight gains in Tesla Inc (NASDAQ: TSLA) as investor optimism around autonomous driving and ride-hailing technology continued to build....

Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes

Most Asian currencies edged lower on Wednesday as investors weighed the U.S. Federal Reserves future interest rate path following mixed signals from the latest U.S. labor market data. At the same time, the Indian rupee...

Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty

Gold prices climbed during Asian trading on Wednesday, while silver prices surged to a fresh all-time high, as growing concerns over the U.S. economy fueled strong demand for safe haven assets. Investors increasingly...

Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices

U.S. President Donald Trump has ordered a total and complete blockade of all sanctioned oil tankers entering and leaving Venezuela, dramatically escalating Washingtons pressure on President Nicolas Maduros government and...

Politics

Trump Administration Plans Major Increase in Denaturalization Cases for Naturalized U.S. Citizens

The Trump administration is preparing to significantly expand efforts to revoke U.S. citizenship from some naturalized Americans, according to a report by The New York Times citing internal government guidance. Newly...

Honduras Election Recount Delayed Amid Protests and Political Tensions

A special manual recount in Honduras presidential election remained stalled on Wednesday as protests prevented electoral staff from accessing their workplace, deepening political tensions and prolonging uncertainty over...

Dan Bongino to Step Down as FBI Deputy Director After Brief, Controversial Tenure

FBI Deputy Director Dan Bongino announced on Wednesday that he will step down from his role next month, bringing an end to a short and often controversial tenure as the bureaus second-highest-ranking official. The...

UN Warns Gaza Humanitarian Aid at Risk as Israel Registration Rules Threaten NGO Operations

The United Nations and more than 200 local and international aid organizations have warned that humanitarian operations in the Palestinian territories, especially Gaza, are at serious risk of collapse unless Israel removes...

Trump Attends Dover Ceremony Honoring U.S. Personnel Killed in Syria

President Donald Trump attended a solemn military ceremony on Wednesday at Dover Air Force Base in Delaware to honor three U.S. personnel killed in Syria during a suspected Islamic State attack. The dignified transfer...

Science

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...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...

noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking.

A European privacy advocacy group has filed fresh complaints against TikTok, Grindr, and AppsFlyer, accusing the companies of violating European Union privacy laws by unlawfully tracking and sharing sensitive user data...

MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy

Shares of Chinese AI chipmaker MetaX Integrated Circuits delivered a stunning market debut, soaring more than 600% above their initial public offering price as domestic investors poured into local semiconductor stocks. The...

Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates

Apple Inc. (NASDAQ: AAPL) is reportedly in early-stage discussions with Indian semiconductor companies to explore the assembly and packaging of iPhone components in India, marking a potential shift in the companys global...

Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation

Amazon.com Inc is reportedly in discussions to make a major investment in OpenAI, the creator of ChatGPT, in a potential deal that could value the artificial intelligence company at more than $500 billion, according to a...
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