Volvo Car plunged another 25% on the stock market this Friday. It writes off the Chinese market as lost and announces 2,500 layoffs. Volvo has accumulated a 90% drop from its 2022 highs
Source: David Galán (X)
An oil spill off the UAE coast has prompted beach closures after a crude oil tanker reportedly struck an Iranian-laid naval mine in early October.
Source: aljazeera
Andy Jassy, CEO of Amazon, on his operating principles
Source: Andreessen Horowitz (LinkedIn)
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Gnosly Live Signals | AI is getting cheaper
At a given level of performance, cost has fallen ~47%/quarter since 2023.
Gnosly Live Signals - China is seeing a historic boom in exports due to AI.
China outsmarts the world - Source The Kobeissi Letter