Jerry Lin
The Latest
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SpaceX Predicts Doubling of Revenues to $8Bn, With Valuation Soaring to Nearly $150Bn
According to insider sources cited by The Information on July 18, Elon Musk's space exploration company SpaceX informed investors that it expects its 2023 revenues to hit $8 billion (around 57.2 billion yuan), approximately double that of the previous year. 
According to insider sources cited by The Information on July 18, Elon Musk's space exploration company SpaceX informed investors that it expects its 2023 revenues to hit $8 billion (around 57.2 billion yuan), approximately double that of the previous year. -
Analysts: Nvidia's Stock Still Has Room to Run as AI Demand Grows
As the primary beneficiary of this round of AI surge, Nvidia's stock price has doubled this year, yet analysts believe that with the continually surging demand for GPUs, Nvidia still has significant room for growth. 
As the primary beneficiary of this round of AI surge, Nvidia's stock price has doubled this year, yet analysts believe that with the continually surging demand for GPUs, Nvidia still has significant room for growth. -
Microsoft's Acquisition of Activision Blizzard Advances, Buffet Cashes In
As Microsoft's acquisition of Activision Blizzard takes a further stride, Warren Buffet, according to U.S. regulatory reports, significantly reduced his holdings in Activision Blizzard on July 17, slashing his stake from 6.7% since last quarter to just 1.9%. 
As Microsoft's acquisition of Activision Blizzard takes a further stride, Warren Buffet, according to U.S. regulatory reports, significantly reduced his holdings in Activision Blizzard on July 17, slashing his stake from 6.7% since last quarter to just 1.9%. -
Ford Slashes Electric F-150 Price by 17% Amid Tesla Cybertruck Showdown
As Tesla's electric vehicle price war heats up in North America, Ford significantly slashed the price of its popular electric F-150 Lightning truck on Monday, with the base model seeing a nearly 17% price reduction. 
As Tesla's electric vehicle price war heats up in North America, Ford significantly slashed the price of its popular electric F-150 Lightning truck on Monday, with the base model seeing a nearly 17% price reduction. -
India Swings Back to Middle Eastern Oil as Russian Crude Loses Its Appeal
In the wake of widespread Western sanctions against Russian oil last year, India decided not to align with the West. This decision allowed India to continue receiving cheap crude oil from Russia, and even reselling the refined Russian oil to Europe - a strategy that has proven lucrative over the past year. 
In the wake of widespread Western sanctions against Russian oil last year, India decided not to align with the West. This decision allowed India to continue receiving cheap crude oil from Russia, and even reselling the refined Russian oil to Europe - a strategy that has proven lucrative over the past year. -
Oil Price Rollercoaster: Reuters' Misfire Sparks Intense Market Tug of War at the $80 Mark
On the afternoon of July 17th, the oil market experienced a sudden surge, with both US and Brent crude soaring by over 2% following a report from Reuters stating that "Saudi Arabia's Energy Department will voluntarily extend production cuts until the end of 2024." This news prompted a rise in European energy stocks as well. 
On the afternoon of July 17th, the oil market experienced a sudden surge, with both US and Brent crude soaring by over 2% following a report from Reuters stating that "Saudi Arabia's Energy Department will voluntarily extend production cuts until the end of 2024." This news prompted a rise in European energy stocks as well. -
Twitter's Financial Struggles Continue: Musk Reveals Negative Cash Flow and Ad Revenue Decline
Elon Musk, the CEO of Tesla and SpaceX, who also serves as the executive chairman and CTO of Twitter, has revealed that the social media giant is still grappling with financial challenges. Despite a series of drastic cost-cutting measures and attempts to monetize the platform, Twitter's cash flow remains in the negative territory. 
Elon Musk, the CEO of Tesla and SpaceX, who also serves as the executive chairman and CTO of Twitter, has revealed that the social media giant is still grappling with financial challenges. Despite a series of drastic cost-cutting measures and attempts to monetize the platform, Twitter's cash flow remains in the negative territory. -
Binance to Slash Workforce amid US Regulatory Pressure: Insiders Report Up to 3000 Jobs in Jeopardy
On Friday, July 14, insider sources revealed that Binance plans to lay off between 1,500 and 3,000 employees globally this year, according to media reports. The layoffs are said to be a response to an ongoing investigation by the U.S. Department of Justice, which could potentially culminate in a settlement. 
On Friday, July 14, insider sources revealed that Binance plans to lay off between 1,500 and 3,000 employees globally this year, according to media reports. The layoffs are said to be a response to an ongoing investigation by the U.S. Department of Justice, which could potentially culminate in a settlement. -
iPhone 15 Set to Pioneer Advanced AI and Battery Innovations
In a world where technology is advancing at a breakneck pace, Apple Inc. is poised to make a significant leap forward with its upcoming iPhone 15. The tech giant is reportedly planning to introduce a new battery technology and AI-powered features that could revolutionize the user experience. 
In a world where technology is advancing at a breakneck pace, Apple Inc. is poised to make a significant leap forward with its upcoming iPhone 15. The tech giant is reportedly planning to introduce a new battery technology and AI-powered features that could revolutionize the user experience. -
The US Federal Reserve Anticipates July Interest Rate Hike: Debates on Future Increases Continue
This July, an interest rate hike by the U.S. Federal Reserve is highly anticipated, yet the debates on the circumstances for future increases continue. 
This July, an interest rate hike by the U.S. Federal Reserve is highly anticipated, yet the debates on the circumstances for future increases continue.
