Jerry Lin

Jerry Lin

The Latest

  • LVMH Q2 Revenue Surpasses Expectations, Sees a 34% Surge in Asia Despite Sluggish US Market
    Louis Vuitton
    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
    IMF
    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
    GM to cut North American production, citing chip shortage
    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 BTC SOLD
    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
    Apple Doubles Down On 5G With New iPhone 13, Upgrades iPad Mini
    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
    Special iPhone Received By Apple's First Participant
    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.
  • Tesla Reportedly in Talks to Build a New Plant in India, Potential Birthplace for More Affordable Model
    Tesla
    According to sources cited by media outlets, representatives from Tesla are set to meet with India's Minister of Commerce and Industry this month to discuss the plan for a local manufacturing plant. This factory would potentially produce a brand-new vehicle priced at $24,000.
  • Why the Fed Isn't Ready to Declare a Victory on Inflation Yet
    The Federal Reserve building
    This Thursday, on July 27, the U.S. Federal Reserve (Fed) is set to announce the Federal Open Market Committee (FOMC) interest rate decision for July. On Monday, Nick Timiraos, a reporter for the Wall Street Journal-often referred to as the "new Federal Reserve wire service"-penned an article suggesting that, given the uncertainty of inflation trends, it's difficult to predict the Fed's next move following Thursday's expected rate hike.
  • A Silver Lining in the Cloud? Eurozone Stocks and Bonds Rally Amidst Euro Decline
     European Union flags fly outside the European Commission headquarters in Brussels, Belgium.
    Just a few days before the European Central Bank (ECB) prepares for its ninth interest rate hike, newly released economic data suggests that the eurozone economy is facing a risk of recession. However, this bad news for the economy has strengthened expectations that the ECB will end its rate hikes, leading to a surge in both European stocks and bonds.
  • The Market Showdown: Will the Bank of Japan Spring Another 'Surprise' This Week?
    BOJ
    As the Bank of Japan's crucial interest rate decision approaches, the market is once again swirling with speculation.
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