Browsing: Business

Nvidia stock dipped 6.2% after CES, but analysts emphasize the company’s AI leadership, highlighting advancements like the Blackwell AI processor and its partnerships in autonomous driving.

Chinese stocks face mounting pressure as Tencent and CATL shares fall following U.S. military ties allegations, raising global investor concerns over market stability and economic recovery.

Oil prices fell 1% amid weak economic data from the US and Germany, reversing recent gains driven by a weaker dollar and surging winter demand in the US.

South Korea’s foreign reserves increased slightly in December but fell to their lowest year-end level in five years, reflecting currency volatility, according to the Bank of Korea.

Oil prices surged to multi-month highs as US crude stockpiles fell for the sixth straight week, boosting WTI and Brent amid tightening supplies and bullish technical trends.

FedEx announces plans to spin off FedEx Freight into a new public company within 18 months, creating North America’s largest LTL carrier and boosting operational efficiency.

Honda and Nissan are reportedly in early-stage talks to merge, aiming to compete with dominant EV makers like BYD in a rapidly evolving global market.

Pfizer forecasts 2025 revenue of up to $64 billion and adjusted earnings growth, navigating cost challenges amid Medicare changes and advancing promising drug pipeline assets, including its weight-loss candidate.

Drydocks World, in partnership with GE Vernova and 50Hertz, will deliver Germany’s Ostwind 4 project, connecting Baltic Sea wind farms to the grid with 2GW of renewable energy.

Global trade will hit $33 trillion in 2024, driven by services sector growth, while goods trade lags behind, UNCTAD reports. Opportunities exist for diversification despite challenges.