Tesla CEO Elon Musk: ‘Not Been Any Discussions For A Role For Me In A Potential Trump Presidency’
Ahead of the 2024 presidential election, Elon Musk has denied any discussions about taking on a role in a potential Donald Trump administration.
Biden Greenlights Ukrainian Strikes With US-Supplied Weapons Inside Russia, Defense Stocks Rise
Biden administration lifts restriction for Ukraine to use US weapons against Russian territory, as conflict intensifies. Market reacts with defense ETF increase.
US Taps Brakes On AI Chip Sales To Middle East Over National Security Concerns
US government slows export of AI chips to Middle East, citing national security concerns over Chinese access to advanced technology. US vs China tech race continues.
Nio Shares Are Charging Higher Thursday: What’s Going On?
NIO Inc. (NYSE: NIO) shares are trading higher Thursday. The company's charging network now reportedly includes SAIC Motor Corp's EV unit IM Motors as Nio continues to strengthen its presence in China's electric vehicle market.
Reported Earlier, ‘EU Commission To Postpone Chinese EV Tariff Decision, Source Says’ – Reuters News
https://www.reuters.com/business/autos-transportation/eu-commission-postpone-chinese-ev-tariffs-decision-spiegel-2024-05-29/#:~:text=EU%20Commission%20to%20postpone%20Chinese%20EV%20tariffs%20decision%20%2D%20Spiegel,-By
Time Runs Out For BHP Deal: $49-Billion Acquisition Of Anglo American Proves Too Complex To Solve
After weeks of discussions, BHP fails to acquire Anglo American due to concerns over the fate of South African assets.
Mullen Announces New Commercial EV Fleet Order for Europe; Initial Purchase Order Valued At ~$440,000, With Additional Orders To Follow
Commercial food delivery upfitter submits purchase order for 40 all-electric Mullen-GO urban delivery vehiclesInitial purchase order valued at approximately $440,000 USD with additional orders to follow BREA,
Hedge Funds’ Exposure To Big Tech Hits Record High As Nvidia’s Soaring Stock Drives Rally
In the wake of Nvidia's remarkable earnings, hedge funds' exposure to the top U.S. technology companies has reached an all-time high.
Samsung Electronics’ Union In South Korea Threatens First-Ever Strike Over Wage Demands
The National Samsung Electronics Union in South Korea has declared a strike, demanding higher wages and fair treatment. This is the first time in the company's history that its workers have taken such action.
Lenovo To Issue $2B In Zero-Coupon Convertible Bonds To Saudi Crown Prince’s Sovereign Wealth Fund
Lenovo Group has decided to issue $2 billion worth of zero-coupon convertible bonds to Saudi Arabia Crown Prince Mohammed Bin Salman's sovereign wealth fund. This is part of a broader agreement with the tech-friendly kingdom.