Samsung attributed its low performance to the sliding demands from consumers that have a largely limited supply of its advanced chip technology.
South Korean multinational technology giant Samsung Electronics Co Ltd (KRX: 005930) has revealed its plans to cut...
Reducing oil production means there will be a relative shortage in the supply of the product.
The recent actions by some members of the Organization of Petroleum Exporting Countries (OPEC) and its allies tagged OPEC+ to cut oil production...
While Saudi Arabia said its cut is a precautionary measure that is aimed at supporting the stability of the market, experts are positive that many OPEC nations do not want to relive the crash that followed the 2008...
EV makers Lucid, Nikola, and Lordstown saw their stock decline mostly owing to disappointing failures regarding their production figures.
Three electric vehicle (EV) startups that went public via special purpose acquisition companies (SPAC) recently fell short of their projected...
The recent crypto winter has affected miners negatively to the extent that many sold off their Bitcoin and other crypto holdings. In addition, many of these miners could not even pay their loans since their rigs’ values plummeted.
As...
Wall Street banking JPMorgan has recently published a report that suggests that the Bitcoin production cost has dropped 50% over the last month. Currently, the BTC production cost stands at $13,000 down from the $24,000 cost at the...
Bitcoin mining difficulty has been on the rise as the network has gained more popularity. This is a far cry from what was expected after China, which was known as the mining capital of the world at that...
