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Global Markets Surge on Nvidia’s Strong Earnings, Geopolitical Tensions Simmer
Stock Market News· 2025-11-20 01:38
Corporate News and Industry Trends - Nvidia reported a 62% year-on-year revenue increase, reaching $57.01 billion in Q3, and projected $65 billion in revenue for Q4, boosting confidence in the AI sector and alleviating concerns about an AI bubble [2][8] - LG Electronics signed a Wi-Fi patent licensing agreement with Amazon, enhancing both companies' positions in the connected device ecosystem [9] - GS Caltex opened a new palm oil refinery in Indonesia with a production capacity of 500,000 metric tons annually, aiming to secure a stable supply chain for bio raw materials [10] - Krafton is involved in a legal dispute with former leaders of its subsidiary Unknown Worlds over allegations of pressure tactics to delay the release of Subnautica 2, which has been pushed to 2026 [11] - China's rare earth magnet exports in October highlighted the global reliance on China, with Germany, the U.S., South Korea, Vietnam, and India as top destinations [12]
X @Bloomberg
Bloomberg· 2025-07-15 19:58
Game Development & Release - Krafton is extending the bonus period for employees working on 'Subnautica 2' [1] - The release of 'Subnautica 2' has been pushed out to next year [1] Legal Issues - The former leadership group of developer Unknown Worlds has filed a complaint for breach of contract [1]
X @Bloomberg
Bloomberg· 2025-07-09 17:59
'Subnautica 2,' one of the most-anticipated games of the year, will be delayed to 2026 following a leadership shakeup https://t.co/t4aHPQweOG ...