Jerry Lin
The Latest
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EcoPro's Rollercoaster Ride: South Korean Retail Traders Buffet Institutional Shorts as 'Demon Stock' Tanks 30% in an Hour
Recently, a dramatic stock market scenario played out in South Korea. Recently, a dramatic stock market scenario played out in South Korea. -
Record Outflows from Crude Oil ETFs as Oil Price Surges Past $80
As oil prices surge past $80, investors in oil ETFs are cashing in and pulling out. As oil prices surge past $80, investors in oil ETFs are cashing in and pulling out. -
Nvidia's Demand Skyrockets, Could Meet Quarterly Target from Four Major Orders Alone, says Wall Street
Chip demand is "off the charts," and industry leader Nvidia's performance could far exceed general expectations. Chip demand is "off the charts," and industry leader Nvidia's performance could far exceed general expectations. -
Global Stock Markets Revel in July, U.S. and Chinese Stocks Surge Amid Cooling Inflation
As July wraps up, global stock markets have experienced a significant upturn after initial restraint. U.S. stocks showcased the longest streak of monthly gains in two years, with Chinese stocks increasing by 20% in July. European stocks rose for two consecutive months, and Hong Kong's Hang Seng Tech Index entered a technical bull market while A-shares closed in the red. As July wraps up, global stock markets have experienced a significant upturn after initial restraint. U.S. stocks showcased the longest streak of monthly gains in two years, with Chinese stocks increasing by 20% in July. European stocks rose for two consecutive months, and Hong Kong's Hang Seng Tech Index entered a technical bull market while A-shares closed in the red. -
U.S. Treasury Hikes Q3 Borrowing Expectations to a Record $1 Trillion Amid Surging Deficit
The U.S. Department of the Treasury significantly raised its net borrowing estimate for the third quarter of this year to a record $1 trillion, a 36.4% increase from the initial $733 billion projection made in early May. The revision, announced this Monday, underscores a concerning trend of deepening fiscal deficits. The U.S. Department of the Treasury significantly raised its net borrowing estimate for the third quarter of this year to a record $1 trillion, a 36.4% increase from the initial $733 billion projection made in early May. The revision, announced this Monday, underscores a concerning trend of deepening fiscal deficits. -
Buoyed by 'Barbie' and Soaring Sales, Birkenstock Eyes IPO With Potential Valuation of $10 Billion
German sandal brand Birkenstock is back in the news with reports of a potential initial public offering (IPO) in less than a month. German sandal brand Birkenstock is back in the news with reports of a potential initial public offering (IPO) in less than a month. -
JP Morgan Forecasts Gold to Hit $2,012 per Ounce This Year, Setting a Record in 2024!
JP Morgan Chase predicts that by the end of this year, the price of gold will rise to $2,012 per ounce, with 2024 seeing the price escalate to an all-time high. JP Morgan Chase predicts that by the end of this year, the price of gold will rise to $2,012 per ounce, with 2024 seeing the price escalate to an all-time high. -
Crude Oil Approaches April Highs as Inventory Narratives Unfold Amid Tightening Supply
Amid OPEC+ nations' production cuts leading to tightening crude oil supply, Brent Crude prices have been on a steady uptick, recently breaking the $85 per barrel mark and accumulating a rise of over $10 since the start of the month, nearing its April peak. Amid OPEC+ nations' production cuts leading to tightening crude oil supply, Brent Crude prices have been on a steady uptick, recently breaking the $85 per barrel mark and accumulating a rise of over $10 since the start of the month, nearing its April peak. -
Eurozone Escapes Recession? Q2 GDP Grows Beyond Expectations at 0.3%
The Eurozone witnessed an economic uptick in the second quarter of the year, fueled by the decline in energy prices which provided relief for household budgets. The Eurozone witnessed an economic uptick in the second quarter of the year, fueled by the decline in energy prices which provided relief for household budgets. -
British Billionaire Joe Lewis Hands Himself over to U.S. Authorities Amid Alleged Insider Trading Scandal
Subtle but media-shy British billionaire and Tottenham Hotspur owner Joe Lewis, with an estimated net worth of $6.2 billion (£4.4 billion), has rarely been in the limelight. However, he is now making headlines worldwide due to his controversial conduct. Subtle but media-shy British billionaire and Tottenham Hotspur owner Joe Lewis, with an estimated net worth of $6.2 billion (£4.4 billion), has rarely been in the limelight. However, he is now making headlines worldwide due to his controversial conduct.