The shares of the chipmaker NVidia have overtaken the stock of Tesla as the most traded. The event has occurred due to both a decline TSLA trading activity and a surge of NVDA buying
As the price for Bitcoin has surged 22% during this year up to $52,005.00, the cryptocurrency has returned back above the $1 trillion market capitalization level. The benchmark was lost in late 2021.
Reuters has reported that various investment banks have increased their activity in the uranium trading sector, as investment in physical uranium has spiked 26% in 2023.
The tech giant Microsoft has continued to expand its AI infrastructure with a $2.1 billion investment in Spain.
The US energy company CenterPoint Energy has announced the sale of its Mississippi and Louisiana gas assets to Bernhard Capital Partners for $1.2 billion.
Elon Musk has announced that the first human implanted with the Neuralink chip has recovered and managed to control a PC mouse by thinking.
The recent reduction of the Chinese mortgage reference rate has been credited with boosting demand for real estate. Last week, the government did the largest cut since 2019.
The US consumer lender Capital One has started talks to acquire the credit card company Discover Financial Services.
The news agency Reuters has received the George Polk Award for the exposing and covering of Tesla manufacturing causing harm to consumers, workers and lab animals.
The major German chemicals and pharmaceutical company Bayer has cut its dividend payments to the legally lowest possible minimum. The company intends to keep payments at a minimum for three years, as it intends to reduce debt.
The French vehicle part supplier Forvia has announced that due to Chinese competition it is set to fire 10,000 employees.
A survey done by ResumeBuilder has revealed that 44% of surveyed companies expect AI technology to cause layoffs in 2024.
The European Union has started an investigation of TikTok over potential breaches of online content rules that protect children and ensure transparent advertising.
The German Bundesbank has commented that Germany is most likely in a recession due to weak external demand, low consumer spending and high borrowing costs beating down investment.
The Chinese Electric Vehicle maker BYD has launched a new plug-in hybrid Qin Plus DM-i. Moreover, the company has reduced the price of the new model by 20%.
The United States government has announced that it would award GlobalFoundries with $1.5 billion for the firm to expand its US semiconductor production.
This week, Nintendo announced that it would delay the successor to its Switch console until 2025. The news caused a market reaction that was observable in the company's stock price.
The China Securities Regulatory Commission has held initial seminars with equity market participants. The seminars are aimed at finding ways to revive the Chinese market.
The Chinese electric vehicle maker BYD has revealed plans to launch high-end luxury car models during 2024.
Reuters has reported that Stellantis considers could produce up to 150,000 electric vehicles in Italy at the Mirafoni complex in Turin.
Recently, at the Singapore Airshow, the Commercial Aircraft Corporation of China has presented its new narrow-body passenger jet C919.
The banking group Goldman Sachs has increased its 2024 S&P 500 target price to 5,200.00. The bank has increased its target for the second time over the span of a couple of months.
The Australian Westpac Banking Corporation has revealed that its quarterly profits have declined, compared to the previous half-year period.
The New York Times has reported that the US administration intends to reduce tailpipe emission limits that are aimed at forcing US consumers to get electric vehicles.