China's shipments of rare earth magnets saw a decline in September. This happened before new, stricter export rules were even put in place. The drop was about 6. 1% compared to the previous month. This news comes from official Chinese customs data. So, why is this a big deal? Rare earth magnets are super important. They are used in all sorts of tech and defense syst...
Oil production is getting a boost. OPEC+ has decided to increase its output faster than planned. This move comes as summer demand for oil is high. The group, led by Saudi Arabia, is looking to regain market share. Eight key members of the alliance met and agreed to raise production by 548, 000 barrels per day in August. This is a significant increase. Originally, th...
Honor has just unveiled its latest foldable phone, the Magic V5, aiming to shake up the market and give Samsung a run for its money. This new device is all about being thin and packing a big battery, which is exactly what many tech fans are looking for. The Magic V5 is set to hit stores in China first, but Honor plans to bring it to other countries later this year. ...
Nvidia is gearing up to share its financial results for the first quarter of the fiscal year. This event is highly anticipated, as it will shed light on how the company is handling the tariffs introduced by former President Donald Trump. Additionally, investors are eager to see how Nvidia is faring in the competitive Chinese market, where its share has been decreasin...
One of Tesla's biggest fans on Wall Street thinks it's time for Elon Musk to change how he talks about his electric car company. With Tesla getting ready to share its earnings after the bell on Tuesday, Wedbush Securities analyst Dan Ives thinks Musk needs to use this moment to turn things around. The company has had a tough year, with sales dropping and its stock pr...
The parcel delivery landscape is undergoing a significant transformation. More parcels are being shipped in the US than ever before. However, traditional giants FedEx and UPS are facing stiff competition. This is from private fleets run by online retailers and smaller, regional couriers. These new players have emerged to meet the growing demand for last-mile delivery...
The base iPad is Apple's most affordable tablet, and it just got an update after a long wait. But this update was a bit of a letdown. The new iPad has a weaker chip than expected and doesn't support Apple's latest AI features. So, why the sudden change in strategy? First, let's talk about Apple's other iPads. The company has been really focusing on them lately. They...
Samsung's foundry business is facing significant hurdles. The company is rumored to have canceled its next-generation 1. 4nm manufacturing process. This move comes as a surprise, especially since Samsung has been making strides with its 2nm GAA node, achieving a 30 percent yield in trial production. The cancellation could indicate that Samsung is focusing on improvin...
Audi, a brand that helped shape Germany's car industry, hasn't always hit the mark. August Horch, Audi's founder, started the company in 1909 after leaving his first venture. Since then, Audi has faced struggles, like the years after World War II when it battled big names like Mercedes-Benz and BMW. But with innovative tech like Quattro all-wheel drive and unique eng...
Imagine this: Netflix and Amazon Prime Video, two big names in the streaming world but newcomers in the TV industry, are making waves in the sports-content scene. According to Luminate, these platforms have been boosting their original sports programming over the past four years. Netflix alone now makes up over a quarter of the shows about specific sports, teams, and...