OPEC again lowers 2024, 2025 global oil demand growth view
OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year…
China’s August exports grow a robust 8.7%, beating forecasts while imports soften
China’s exports grew for a fifth consecutive month, in a sign of growing demand abroad even as imports fell amid…
China auto suppliers, EV makers flood major trade fair in Germany
Nearly 900 Chinese auto suppliers and a handful of electric vehicle makers are taking part in a trade fair in…
Tesla China Sales Roar Back In August. Elon Musk Says This About The Shanghai Plant
Tesla (TSLA) domestic sales in China hit 2024 year highs last month, marking a 37% increase compared to July, according…
Apple Down Before Event As Huawei Unveils Phone
Apple (AAPL) will kick off its annual fall product launch event at 10 a.m. Pacific time (1 p.m. Eastern) Monday…
Not everyone is impressed by Elon Musk’s shiny new AI supercomputer
Elon Musk’s xAI has a new AI supercomputer that runs on a whopping 100,000 Nvidia GPUs. That could help Musk’s…
Apple’s Glowtime event kicks off on Monday, and there’s a lot riding on the iPhone 16
Apple is expected to unveil devices including the eagerly awaited iPhone 16 at its Glowtime event. The tech giant’s AI…
OPEC+ Pauses Oil Supply Hike in Effort to Reverse Price Slump
OPEC+ postponed its oil supply hike by two months, but the move wasn’t enough to roll back steep losses in…
Nvidia did not receive a US Justice Department subpoena
Nvidia did not receive a U.S. Justice Department subpoena, a spokesperson said in a statement on Wednesday. “We have inquired…
Google could face a lawsuit seeking more than $100 billion in damages, but it’s not all bad news for the tech giant
The search giant is already facing a federal judge’s ruling that it violated antitrust laws. The Justice Department and Google…