Moderna stock plunges 20 percent • US imposes new restrictions on AI chip • Brent above $81, and more - Monday 13/January/2025 Business Headlines

Monday 13/January/2025 Business Headlines

• Moderna stock plunges 20% after company lowers 2025 sales forecast by $1 billion
• US imposes new restrictions on AI chip exports to China
• Brent above $81, US WTI overbought after crude oil hits 4-month high
• AI set to fuel surge in new US gas power plants
• Nvidia stock falls after Biden administration releases updated export rule for AI chips
• Texas sues Allstate over collection of driver data
• Bitcoin accelerates its slide, falling toward $90,000 to start the week
• Jack Smith has resigned from the justice department, after submitting his Trump report
• Sam Altman says AI Agents will join workforce in 2025
• The leaders of the “Department of Government Efficiency” vow to undo thousands of federal rules

Source: News Agencies