Jerry Lin

Jerry Lin

The Latest

  • In the Digital Advertising Game, Will Google and Meta Come Out on Top?
    U.S. Justice Department's Google lawsuit expected in weeks ahead: sources
    Recent financial reports from tech giants Microsoft, Google, and Meta have stirred discussion, with Microsoft, despite its early start, appearing the most lackluster of the three.
  • Unexpected Dovish Stance? Powell's Press Conference Spins U.S. Stocks into a Rally, Deepens Drop in Bond Yields and the Dollar
    Federal Reserve Rate Cut
    The Federal Reserve raised interest rates by 25 basis points as expected on July 26, setting the benchmark interest rate range at 5.25% to 5.5%, a record high since January 2001. The market's forecast of another rate hike by year's end stood at only 38%, suggesting that July could mark the final increase of this cycle.
  • Airbus and Boeing's Q2 Results Soar Beyond Expectations, Stocks on the Rise
    AIRBUS
    Airbus and Boeing, two of the world's largest aircraft manufacturers, have reported second quarter financial results that have outperformed forecasts. Both companies' CEOs have highlighted that aircraft manufacturers face a "complex" operating environment.
  • Slimming Pill Demand Skyrockets: Supply Shortages Impact Diabetic Patients
    pouring water from a thermos
    Following the sell-out of Novo Nordisk's weight-loss drug Semaglutide, Eli Lilly, another major pharmaceutical company, is now facing a complete shortage of its own "miracle weight-loss drug," Mounjaro. The scramble for these drugs by individuals hoping to shed pounds has left many diabetes patients in a dire situation without their necessary medications.
  • Boeing Soars High: Q2 Earnings Surpass Expectations Amid Production Boost and Positive Market Sentiment
    Boeing
    In a remarkable turnaround, Boeing Co., the world's largest aerospace provider, has reported a robust financial performance for the second quarter of 2023, defying years of share volatility and profit deterioration. The company's Q2 results, announced on July 26, have surpassed Wall Street expectations, leading to a 4% jump in its shares before the bell.
  • Germany Pledges €20 Billion for Chip Development, With €5 Billion for TSMC's New Factory
    PHOENIX CHIP
    According to a report from Germany's Heise news network on the 24th, the German government plans to allocate €20 billion to promote the development of the country's chip manufacturing industry. This fund will be drawn from the €180 billion "Climate and Transformation Fund" (KTF) and will be provided as subsidies to both domestic and foreign chip companies by 2027.
  • Banc of California Acquires PacWest Amidst Industry Turmoil
    A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo.
    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
    NO TWITTER CRYPTO?
    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
    Google and Facebook allegedly unite
    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
    Italy Bans ChatGPT Amid Privacy Concerns and Investigations
    Following a two-month period of exclusivity for Apple users, Android users can now enjoy the OpenAI's ChatGPT app on their mobile devices.
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