Resilient Financial Performance: Tesla demonstrated a solid financial performance in Q3 2024 with $25.2 billion in revenue and a 24% YoY growth in Adjusted EBITDA. While revenue growth remains positive at 8%, the impact of pricing adjustments and macroeconomic factors means Tesla’s top-line performance did not fully meet expectations. Continued focus on scaling the energy… Read More Tesla Q3 2024 Earnings: Strong Growth Insights
Introduction As artificial intelligence (AI) continues to advance, the demand for energy to power data centers and computational processes is surging. Traditional energy sources face challenges in meeting this growing demand sustainably and efficiently. Nuclear energy, particularly with the advent of Small Modular Reactors (SMRs), is emerging as a viable solution. Recent investments by major… Read More Nuclear Energy: Powering the AI Future
With a rapidly aging population, the proportion of people aged 60 and above is expected to increase from 21.3% in 2023 to 30.0% by 2035. This demographic shift places significant strain on the country’s pension and healthcare systems. Aging Population: By the end of 2023, nearly 300 million people in China were aged 60 and… Read More HISTORIC MOVE: China to Drastically Raise Retirement Age After Four Decades
Changes in non-OPEC production can affect oil prices Non-OPEC countries contribute approximately 60% to global oil output. Central to this non-OPEC production are North America, regions of the former Soviet Union, and the North Sea. The chart indicates that from 2005 to 2008, there was only a marginal net increase in oil production from non-OPEC… Read More Key Drivers Influencing Crude Oil Prices
According to table 1, global cotton production in 2021/22 is expected to increase significantly compared with the previous year (2020/2021), consumption will increase slightly, and import volume will decrease, the export volume has been greatly reduced, and the ending stocks have been reduced. In the 2021/2022, the total output is expected to increase substantially by… Read More Commodity – Cotton: Supply and Demand
Shihao Insight 