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Browsing: Business
The U.S. saw a 32% drop in natural gas-directed rigs from 2022 to 2024, led by Haynesville and Appalachia, amid record-low prices and evolving technology.
Bank of Korea confirms South Korea’s economy grew 2 percent in 2024, showing resilience amid global challenges and steady GDP recovery.
Nvidia shares fall 9% as new tariffs take effect, erasing $265 billion in value and shaking investor confidence in the AI chipmaker.
Dow tumbles over 600 points as Trump confirms tariffs on Mexico and Canada, sparking fears of a trade war. Markets reel as investors brace for impact.
Amazon-backed Anthropic’s valuation soars to $61.5B after a $3.5B funding round, reinforcing its AI dominance.
TSMC to invest $100B in U.S. semiconductor manufacturing, expanding its Arizona presence to boost domestic chip production.
Robert Kiyosaki calls Bitcoin’s latest price crash a chance to buy, blaming economic instability on rising U.S. debt and urging investors to shift to Bitcoin, gold, and silver.
India’s economy expanded by 6.2% in Q3 FY25, driven by robust rural demand, higher government spending, and strong exports despite global trade uncertainties.
NVIDIA reports record Q4 revenue of $39.3B, up 78% YoY, fueled by AI demand. Full-year revenue surged 114% to $130.5B, led by Data Center growth and Blackwell AI supercomputers.
US Treasury Secretary Scott Bessent’s absence at G20 fuels fears of an American retreat from the IMF and World Bank, raising concerns over global financial stability.
