Jerry Lin
The Latest
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Is Arm Worth Its $52 Billion Valuation, Surpassing NVIDIA?
On Tuesday, September 5th, Arm's IPO application to regulators revealed a per-share ADS pricing between $47 and $51. With a total issuance of 95.5 million ADS, this places Arm's valuation at an estimated $52 billion. On Tuesday, September 5th, Arm's IPO application to regulators revealed a per-share ADS pricing between $47 and $51. With a total issuance of 95.5 million ADS, this places Arm's valuation at an estimated $52 billion. -
Asia's Intra-Regional Trade Heats Up: A New Global Trade Trend Emerges
Two major summits in Asia have captured global attention this week: the annual ASEAN leaders' series of events in Indonesia and the upcoming G20 summit in India. Meanwhile, intra-regional trade in Asia is gaining momentum, particularly the deepening economic and trade ties between China and Southeast Asian nations. Observers suggest that a new wave of trade trends is taking shape. Two major summits in Asia have captured global attention this week: the annual ASEAN leaders' series of events in Indonesia and the upcoming G20 summit in India. Meanwhile, intra-regional trade in Asia is gaining momentum, particularly the deepening economic and trade ties between China and Southeast Asian nations. Observers suggest that a new wave of trade trends is taking shape. -
Evergrande Shares Soar 82% on Hopes of Recovery
In a remarkable turn of events, shares of the beleaguered Chinese property developer, Evergrande, soared by an astounding 82% on Wednesday. This surge led the charge for other Chinese property stocks, signaling a potential rebound in a sector that has been under significant strain for months. In a remarkable turn of events, shares of the beleaguered Chinese property developer, Evergrande, soared by an astounding 82% on Wednesday. This surge led the charge for other Chinese property stocks, signaling a potential rebound in a sector that has been under significant strain for months. -
Qualcomm Ventures into Automotive AI: Partnerships with BMW, Mercedes, and Amazon Cloud
Facing Nvidia's aggressive advancements in the Artificial Intelligence (AI) chip sector, Qualcomm, traditionally known for its mobile chips, is venturing into new territories. Facing Nvidia's aggressive advancements in the Artificial Intelligence (AI) chip sector, Qualcomm, traditionally known for its mobile chips, is venturing into new territories. -
Brent Crude Breaks $90 for First Time in 10 Months: Saudi Arabia Extends Production Cuts Amid Rising Prices
International oil prices are on the rise, with Saudi Arabia and its "ally" Russia possibly continuing their crude oil production cuts. International oil prices are on the rise, with Saudi Arabia and its "ally" Russia possibly continuing their crude oil production cuts. -
Eurozone PPI Drops for Seventh Consecutive Month: A Breather for the ECB?
Benefiting from declining prices in intermediate products like steel and lumber, the Eurozone's Producer Price Index (PPI) for July decreased by 0.5% month-on-month and 7.6% year-on-year, both in line with expectations. Benefiting from declining prices in intermediate products like steel and lumber, the Eurozone's Producer Price Index (PPI) for July decreased by 0.5% month-on-month and 7.6% year-on-year, both in line with expectations. -
China's Robust Oil Demand Could Push Brent Crude to $100 per Barrel
China's Demand Driving Global Prices China's surging oil demand is set to propel global oil prices, with Brent crude potentially reaching $100 per barrel. China's Demand Driving Global Prices China's surging oil demand is set to propel global oil prices, with Brent crude potentially reaching $100 per barrel. -
Saudi Aramco Eyes Record $50 Billion Share Sale Amid Slumping Diamond Demand
A Historic Offering On Friday, September 1, sources familiar with the matter revealed that Saudi Arabia is contemplating a sale of up to $50 billion in shares of Saudi Aramco. If successful, this would set a record as the largest stock offering in global capital market history. A Historic Offering On Friday, September 1, sources familiar with the matter revealed that Saudi Arabia is contemplating a sale of up to $50 billion in shares of Saudi Aramco. If successful, this would set a record as the largest stock offering in global capital market history. -
China's Bold Moves to Revive its Faltering Property Sector
In a decisive move to address the deepening crisis in its vast, debt-laden property sector, China is poised to implement a series of measures aimed at stimulating the real estate market. These actions underscore Beijing's growing concern about the potential ripple effects of a faltering property sector on the broader economy. In a decisive move to address the deepening crisis in its vast, debt-laden property sector, China is poised to implement a series of measures aimed at stimulating the real estate market. These actions underscore Beijing's growing concern about the potential ripple effects of a faltering property sector on the broader economy. -
Pakistan Grapples with Economic Strain as Fuel and Commodity Prices Skyrocket
Pakistan is currently facing an economic crisis, with the prices of essential commodities, including fuel, reaching unprecedented levels. This surge in prices has led to widespread public discontent, with residents taking to the streets to voice their concerns. Pakistan is currently facing an economic crisis, with the prices of essential commodities, including fuel, reaching unprecedented levels. This surge in prices has led to widespread public discontent, with residents taking to the streets to voice their concerns.