Copper Prices Surge as Industry Shifts to Green Energy. As the world moves towards a greener future, industrial metals such as copper are poised to benefit from the growing political capital invested in the decarbonization and net zero energy transition trend. Copper is widely used in construction and machinery and is now being viewed as the "new oil". Analysts predict short-term strength and a long-term "generational shift" in copper prices.
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TikTok Parent ByteDance Takes on Meta in Virtual Reality Battle. ByteDance Ltd. is making waves in the virtual-reality headset market, snagging market share from Meta Platforms Inc. Its VR company, Pico, is now the second largest player* in the global market, offering personal VR headsets in Europe and Asia where Chinese devices are more widely accepted. The company is poised to challenge Meta's dominance in the space.
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