Jerry Lin
The Latest
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Bytedance Overseas Growth Outpaces Domestic: Daily Active Users Reach 840M, Up 40% YoY
Bytedance sees exponential growth in its international business as domestic numbers slow. 
Bytedance sees exponential growth in its international business as domestic numbers slow. -
European Gas Prices Surge: Is a 40% Increase Just the Beginning?
European gas prices rocket amid potential Australian gas factory strikes. 
European gas prices rocket amid potential Australian gas factory strikes. -
OPEC Optimistic on Oil Demand Growth; Foresees Q3 Supply Shortfall of 2.2M Barrels Daily
OPEC's latest monthly report remains upbeat about the rise in global oil demand for the next two years. It highlighted that Saudi Arabia, the world's largest oil exporter, voluntarily cut production by 1 million barrels per day from July to September, leading to the most significant drop in oil inventories in two years. 
OPEC's latest monthly report remains upbeat about the rise in global oil demand for the next two years. It highlighted that Saudi Arabia, the world's largest oil exporter, voluntarily cut production by 1 million barrels per day from July to September, leading to the most significant drop in oil inventories in two years. -
Pandora Aims to Revamp Its Image in China: Will Celebrity Endorsements Do the Trick?
Danish fashion jewelry brand, Pandora, recently named American actress Ashley Park as its new global ambassador. Though initially unfamiliar to many, Park has gained recognition in China over the past two years for her role as Mindy in the hit American show "Emily in Paris." Park's Asian-American identity reflects Pandora's focus on both the U.S. and Chinese markets. 
Danish fashion jewelry brand, Pandora, recently named American actress Ashley Park as its new global ambassador. Though initially unfamiliar to many, Park has gained recognition in China over the past two years for her role as Mindy in the hit American show "Emily in Paris." Park's Asian-American identity reflects Pandora's focus on both the U.S. and Chinese markets. -
Alibaba's U.S. Stock Surges Pre-market with Stellar Q1 Earnings and 48% Net Profit Growth
After launching its "1+6+N" organizational transformation in March to maximize organizational vitality and productivity, Alibaba presented its first earnings report post-transformation, capturing significant market attention. 
After launching its "1+6+N" organizational transformation in March to maximize organizational vitality and productivity, Alibaba presented its first earnings report post-transformation, capturing significant market attention. -
Optimistic Earnings Boost European Stocks: Euro Stoxx 50 Climbs Over 1% with Luxury Brands Leading the Charge
On Thursday, August 10, just ahead of the U.S. CPI data release, European markets trended upward. Major indices such as the Euro Stoxx 50, France's CAC40, Italy's FTSE MIB, and Spain's IBEX rose by more than 1%. Meanwhile, Germany's DAX index experienced a more modest increase of 0.6%. 
On Thursday, August 10, just ahead of the U.S. CPI data release, European markets trended upward. Major indices such as the Euro Stoxx 50, France's CAC40, Italy's FTSE MIB, and Spain's IBEX rose by more than 1%. Meanwhile, Germany's DAX index experienced a more modest increase of 0.6%. -
Roblox Misses Profit Expectations, Shares Plummet 20%
On Wednesday, Roblox, once hailed as the "Metaverse's premier stock," unveiled its second-quarter results, which fell short of expectations. The company reported a loss of $282.8 million, up from a $176.4 million loss in the same period of 2022. Earnings per share were down to -$0.46, slightly below analysts' forecast of -$0.45. 
On Wednesday, Roblox, once hailed as the "Metaverse's premier stock," unveiled its second-quarter results, which fell short of expectations. The company reported a loss of $282.8 million, up from a $176.4 million loss in the same period of 2022. Earnings per share were down to -$0.46, slightly below analysts' forecast of -$0.45. -
Beware the Wave: Bankruptcy Looms for U.S. EV Startups
U.S. electric vehicle (EV) startups that went public via Special Purpose Acquisition Companies (SPACs) were once a booming trend. However, the tides have shifted, with many of these firms either declaring bankruptcy or teetering on the brink. 
U.S. electric vehicle (EV) startups that went public via Special Purpose Acquisition Companies (SPACs) were once a booming trend. However, the tides have shifted, with many of these firms either declaring bankruptcy or teetering on the brink. -
How Japan's Central Bank Shakes the World: A Butterfly Effect Worth Hundreds of Billions
At the end of July, the Bank of Japan unexpectedly announced modifications to its yield curve control (YCC) policy, a part of its ultra-loose monetary stance in recent years. While the targeted range for 10-year Japanese government bond (JGB) yields remains at ±0.5%, the phrasing suggests this range is now merely a guideline. Additionally, the daily purchasing rate of 10-year JGBs has been increased from 0.5% to 1.0%. 
At the end of July, the Bank of Japan unexpectedly announced modifications to its yield curve control (YCC) policy, a part of its ultra-loose monetary stance in recent years. While the targeted range for 10-year Japanese government bond (JGB) yields remains at ±0.5%, the phrasing suggests this range is now merely a guideline. Additionally, the daily purchasing rate of 10-year JGBs has been increased from 0.5% to 1.0%. -
Google's Antitrust Showdown: Biggest Case in 40 Years Set for Next Month
The legacy of antitrust rulings that shaped modern capitalism has significantly influenced today's societal landscape. 
The legacy of antitrust rulings that shaped modern capitalism has significantly influenced today's societal landscape.
