Jerry Lin
The Latest
-
AI Boom Sends ARM's Valuation Skyrocketing to Over $60 Billion as IPO Looms
With the initial public offering (IPO) of ARM inching closer, the surging demand for chips in the AI frenzy has escalated the market's target valuation for ARM, now exceeding $60 billion. 
With the initial public offering (IPO) of ARM inching closer, the surging demand for chips in the AI frenzy has escalated the market's target valuation for ARM, now exceeding $60 billion. -
Apple's Q2 Revenue Forecast to Slide: But Market Eyes Future and AI Ambitions
The market holds its breath as Apple prepares to release its latest report, which is seen as a possible indicator of the broader economic climate. 
The market holds its breath as Apple prepares to release its latest report, which is seen as a possible indicator of the broader economic climate. -
U.S. Credit Rating Downgraded by Fitch: What This Means for Global Finance
After twelve years, the United States has once again experienced a credit rating downgrade from an international agency, raising questions about what this could mean for global financial markets. 
After twelve years, the United States has once again experienced a credit rating downgrade from an international agency, raising questions about what this could mean for global financial markets. -
AMD Predicts Double-Digit Q3 Growth: A Signal of Rebound in the PC Market
After last week's hope of a PC industry demand revival brought by old rival Intel, U.S. chip giant AMD also exceeded expectations in Q2, predicting a significant Q3 increase in PC-related business sales. This gives further credence to the improvement of the PC market. 
After last week's hope of a PC industry demand revival brought by old rival Intel, U.S. chip giant AMD also exceeded expectations in Q2, predicting a significant Q3 increase in PC-related business sales. This gives further credence to the improvement of the PC market. -
Uber Surges to Profitability in Q2 Despite Lower Than Expected Revenue; CFO to Exit, Stocks Stumble
Uber, battling losses in its ride-hailing and food delivery businesses, finally achieved the milestone of operating profit. However, its performance in the second quarter remained lackluster. After the financial results were published, Uber's stock opened lower on Tuesday, with midday losses approaching 7%, retreating to its lowest closing level since July 17 after hitting a two-year high on Monday. 
Uber, battling losses in its ride-hailing and food delivery businesses, finally achieved the milestone of operating profit. However, its performance in the second quarter remained lackluster. After the financial results were published, Uber's stock opened lower on Tuesday, with midday losses approaching 7%, retreating to its lowest closing level since July 17 after hitting a two-year high on Monday. -
BP's Profits Plunge by 70% in Q2 Amid Weak Oil Prices, but Dividends Hike by 10%
Even the giants are not spared! BP, the British oil behemoth, announced on Tuesday a near 70% drop in profits in the second quarter, due to weaker oil prices compared to the previous year. 
Even the giants are not spared! BP, the British oil behemoth, announced on Tuesday a near 70% drop in profits in the second quarter, due to weaker oil prices compared to the previous year. -
Bed Bath & Beyond's Phoenix Rise: Overstock.com Revives Iconic Brand as Online Powerhouse
Bed Bath & Beyond, the iconic home goods retailer that declared bankruptcy earlier this year, has made a triumphant return to the market as an online store under new ownership. Overstock.com, the company that purchased Bed Bath & Beyond's intellectual property assets for $21.5 million, officially relaunched the brand as BedBathandBeyond.com in the United States on Tuesday. 
Bed Bath & Beyond, the iconic home goods retailer that declared bankruptcy earlier this year, has made a triumphant return to the market as an online store under new ownership. Overstock.com, the company that purchased Bed Bath & Beyond's intellectual property assets for $21.5 million, officially relaunched the brand as BedBathandBeyond.com in the United States on Tuesday. -
Global Central Banks' Gold Acquisitions Hit Record High, Poised to Remain Strong Throughout the Year: World Gold Council
The World Gold Council reports that global central bank gold acquisitions set a new historical record for the first half of this year. 
The World Gold Council reports that global central bank gold acquisitions set a new historical record for the first half of this year. -
Big Four Accounting Firms Go Ballistic as New U.S. Rule Calls for 'More Responsibility': Audit Fees Set to Skyrocket
A new U.S. regulation aimed at audit organizations is facing collective opposition from the Big Four accounting firms, showcasing an intense legal power struggle between auditors and regulators as the U.S. government is determined to overhaul its capital markets. 
A new U.S. regulation aimed at audit organizations is facing collective opposition from the Big Four accounting firms, showcasing an intense legal power struggle between auditors and regulators as the U.S. government is determined to overhaul its capital markets. -
Dell Teams Up with Nvidia in Full-Scale Development of Generative AI: PCs Gone Wild!
Not just software companies are throwing their hats into the ring of generative AI competition. 
Not just software companies are throwing their hats into the ring of generative AI competition.
