Jerry Lin
The Latest
-
Why China's Gold Prices Surge Past $600 Despite Global Decline?
Since September, domestic gold prices in China have been on a noticeable uptrend, with Shanghai gold reaching its historical peak and the price of gold jewelry also rising. 
Since September, domestic gold prices in China have been on a noticeable uptrend, with Shanghai gold reaching its historical peak and the price of gold jewelry also rising. -
Bitcoin's Resilience Amid Inflation Uncertainties and ETF Anticipation
Bitcoin, the preeminent cryptocurrency, has managed to sustain its position above the $25,000 mark, even as the financial world keenly anticipates updates on inflation and the potential approval of a spot Bitcoin ETF. Historically, the month of September has not been kind to Bitcoin, with the digital currency witnessing an average 6% drop in value from 2010 to 2022. Data from the Dow Jones stock market index further underscores this trend, highlighting consistent declines every September from 2017 to 2022. 
Bitcoin, the preeminent cryptocurrency, has managed to sustain its position above the $25,000 mark, even as the financial world keenly anticipates updates on inflation and the potential approval of a spot Bitcoin ETF. Historically, the month of September has not been kind to Bitcoin, with the digital currency witnessing an average 6% drop in value from 2010 to 2022. Data from the Dow Jones stock market index further underscores this trend, highlighting consistent declines every September from 2017 to 2022. -
China and Japan Team Up: The Dollar's New Challengers
On Monday, both the Chinese yuan and the Japanese yen surged, resulting in the U.S. dollar experiencing its most significant decline in two months. 
On Monday, both the Chinese yuan and the Japanese yen surged, resulting in the U.S. dollar experiencing its most significant decline in two months. -
NVIDIA's $300 Billion Cloud Ambition: Beyond Just Chips
Amid a slowdown in Oracle's quarterly performance that exceeded expectations, only its AI-related business saw an unexpected surge. The cloud services and technology licensing business reported a 13% year-over-year increase in revenue for the quarter. To date, Oracle has secured over $4 billion worth of capacity orders for its second-generation cloud from AI development companies, doubling the previous quarter's figures. 
Amid a slowdown in Oracle's quarterly performance that exceeded expectations, only its AI-related business saw an unexpected surge. The cloud services and technology licensing business reported a 13% year-over-year increase in revenue for the quarter. To date, Oracle has secured over $4 billion worth of capacity orders for its second-generation cloud from AI development companies, doubling the previous quarter's figures. -
Apple's Desired Chips: Made in Taiwan, Not the U.S.
In December of last year, Apple CEO Tim Cook visited Phoenix alongside U.S. President Joe Biden to tour a high-profile factory under construction by Taiwan Semiconductor Manufacturing Company (TSMC). Cook indicated that this factory would produce chips for Apple. 
In December of last year, Apple CEO Tim Cook visited Phoenix alongside U.S. President Joe Biden to tour a high-profile factory under construction by Taiwan Semiconductor Manufacturing Company (TSMC). Cook indicated that this factory would produce chips for Apple. -
Fed Grows Confident in U.S. Dodging Recession; Annual GDP Forecast May Double in September
Amid resilient U.S. economic data over the summer, the Federal Reserve appears increasingly confident in achieving a historically rare "soft landing" - curbing inflation without triggering an economic downturn. 
Amid resilient U.S. economic data over the summer, the Federal Reserve appears increasingly confident in achieving a historically rare "soft landing" - curbing inflation without triggering an economic downturn. -
China's Economic Hurdles: A Deep Dive into the Impending Challenges and Their Global Implications
China, once the world's fastest-growing economy, is now grappling with a series of economic challenges, casting a shadow over its ambitions to become the world's leading superpower. Recent data indicates a slowdown in manufacturing for the fifth consecutive month, coupled with the looming collapse of one of its largest homebuilders. This downturn is not an isolated incident but a reflection of deeper systemic issues plaguing the Chinese economy. 
China, once the world's fastest-growing economy, is now grappling with a series of economic challenges, casting a shadow over its ambitions to become the world's leading superpower. Recent data indicates a slowdown in manufacturing for the fifth consecutive month, coupled with the looming collapse of one of its largest homebuilders. This downturn is not an isolated incident but a reflection of deeper systemic issues plaguing the Chinese economy. -
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.
