Jerry Lin
The Latest
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Banc of California Acquires PacWest Amidst Industry Turmoil
Regional American bank PacWest announced its merger with Banc of California, taking further steps to self-rescue in the aftermath of a banking industry crisis. 
Regional American bank PacWest announced its merger with Banc of California, taking further steps to self-rescue in the aftermath of a banking industry crisis. -
Twitter, Now 'X', Slashes Advertising Prices in Bid to Attract Advertisers Back Amid Revenue Decline
On July 25, media sources reported that Twitter, now rebranded as "X," is offering new incentives for certain ad formats in the United States and the United Kingdom to lure advertisers back to the Musk-owned platform. 
On July 25, media sources reported that Twitter, now rebranded as "X," is offering new incentives for certain ad formats in the United States and the United Kingdom to lure advertisers back to the Musk-owned platform. -
Google Strikes Back: Triumphs Over Microsoft in AI Stakes This Quarter
The most anticipated and closely watched earnings day of this quarter has arrived, with both Google and Microsoft releasing their quarterly reports on the same day. 
The most anticipated and closely watched earnings day of this quarter has arrived, with both Google and Microsoft releasing their quarterly reports on the same day. -
Android Users, Rejoice! OpenAI's ChatGPT App Now Available in the US, India, Bangladesh, and Brazil
Following a two-month period of exclusivity for Apple users, Android users can now enjoy the OpenAI's ChatGPT app on their mobile devices. 
Following a two-month period of exclusivity for Apple users, Android users can now enjoy the OpenAI's ChatGPT app on their mobile devices. -
LVMH Q2 Revenue Surpasses Expectations, Sees a 34% Surge in Asia Despite Sluggish US Market
On July 25, global luxury goods giant LVMH announced its second-quarter and first-half earnings for this year. 
On July 25, global luxury goods giant LVMH announced its second-quarter and first-half earnings for this year. -
IMF Boosts Global Economic Growth Forecast to 3% for 2023, Yet Warns of Lingering Downside Risks
The International Monetary Fund (IMF) has upwardly revised its global economic forecast for 2023 to a 3% growth in GDP, citing a resilient economic performance in the first quarter. However, the organization warned that the global economy has not fully escaped downside risks, and tightening policies from central banks worldwide may continue. 
The International Monetary Fund (IMF) has upwardly revised its global economic forecast for 2023 to a 3% growth in GDP, citing a resilient economic performance in the first quarter. However, the organization warned that the global economy has not fully escaped downside risks, and tightening policies from central banks worldwide may continue. -
GM Q2 Results Soar Beyond Predictions: Revenue and Profits Flourish Amid Fuel Vehicles Sales Spike, Performance Guidelines Upped for Second Time This Year
On Tuesday, due to better-than-expected demand for new vehicles and reduced expenditures, General Motors (GM) released robust financial results premarket and raised its performance guidance for the second time this year. 
On Tuesday, due to better-than-expected demand for new vehicles and reduced expenditures, General Motors (GM) released robust financial results premarket and raised its performance guidance for the second time this year. -
Tesla's Q2 Revenues Soar in China, Up More Than 50% YoY to $5.7 Billion
Tesla has seen a remarkable 51.33% revenue growth in the Chinese market for the second quarter. 
Tesla has seen a remarkable 51.33% revenue growth in the Chinese market for the second quarter. -
Apple Mulls Price Hike for iPhone 15 Amid Sluggish Market Conditions
Amid a sluggish global market for smartphones this year, Apple's strategy may involve raising the price for its new iPhone. 
Amid a sluggish global market for smartphones this year, Apple's strategy may involve raising the price for its new iPhone. -
Initial iPhone 15 Stock Reportedly Down Over 8%, Sending Chills Down the Apple Supply Chain
According to today's report by Taiwan's DigiTimes, the supply chain for Apple's 2023 iPhone 15 has less parts stock compared to the same period in 2022, with initial stock estimates at approximately 83-85 million units, a year-on-year decrease of over 8%. The estimated iPhone parts stock for the same period in 2022 was over 90 million units, with some estimates even reaching close to 100 million units. 
According to today's report by Taiwan's DigiTimes, the supply chain for Apple's 2023 iPhone 15 has less parts stock compared to the same period in 2022, with initial stock estimates at approximately 83-85 million units, a year-on-year decrease of over 8%. The estimated iPhone parts stock for the same period in 2022 was over 90 million units, with some estimates even reaching close to 100 million units.
