Jerry Lin
The Latest
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AI Boom Overpowers U.S. Dividend Stocks, Witnessing Worst Half-Year Since 2009
Despite the Federal Reserve's recurring hawkish stance, the market's hope for a "soft landing" of the U.S. economy remains unabated. The winter of U.S. stocks seemed to have ended last year, and the once cherished dividend stocks during economic recession have now become passé. 
Despite the Federal Reserve's recurring hawkish stance, the market's hope for a "soft landing" of the U.S. economy remains unabated. The winter of U.S. stocks seemed to have ended last year, and the once cherished dividend stocks during economic recession have now become passé. -
Apple Faces Production Setback, Vision Pro Headset Production Slashes in Half
Apple Inc. is forced to significantly cut down the production of its Vision Pro headset, a mixed reality (MR) device released on June 6 this year, to a ceiling of 400,000 units in 2024. The company's original aim was to achieve a shipment of one million units in the same year, according to the Financial Times on Monday. Apple's Chinese exclusive suppliers for certain parts of the Vision Pro reported that the tech giant requested an initial production of only between 130,000 to 150,000 units. 
Apple Inc. is forced to significantly cut down the production of its Vision Pro headset, a mixed reality (MR) device released on June 6 this year, to a ceiling of 400,000 units in 2024. The company's original aim was to achieve a shipment of one million units in the same year, according to the Financial Times on Monday. Apple's Chinese exclusive suppliers for certain parts of the Vision Pro reported that the tech giant requested an initial production of only between 130,000 to 150,000 units. -
Tesla Cuts Prices Yet Again, but Emerging Competitors Aren't Budging
Tesla, the global leader in new energy vehicles, has significantly influenced the global automotive industry with its product pricing strategies. Every move in Tesla's pricing is closely watched by its competitors. 
Tesla, the global leader in new energy vehicles, has significantly influenced the global automotive industry with its product pricing strategies. Every move in Tesla's pricing is closely watched by its competitors. -
Doubling Down on Cuts: Saudi Arabia and Russia Unite to Bolster Oil Prices
In the face of dismal market sentiment, major oil producers Saudi Arabia and Russia are once again joining forces to support oil prices. 
In the face of dismal market sentiment, major oil producers Saudi Arabia and Russia are once again joining forces to support oil prices. -
Meta Strikes a Deal with Tencent: Aiming to Crack the Chinese Market with VR Headsets
As its metaverse ambitions encounter roadblocks and its headset hardware faces challenges from Apple, U.S. social media giant Meta is seeking a return to China, following in the footsteps of Apple and Tesla by marketing its Quest series headsets in the country. 
As its metaverse ambitions encounter roadblocks and its headset hardware faces challenges from Apple, U.S. social media giant Meta is seeking a return to China, following in the footsteps of Apple and Tesla by marketing its Quest series headsets in the country. -
An Unexpected Rally: US Stocks Thrive Amid High Interest Rates, Forecasting a Stronger Underbelly
Closing the first half of the year on a high note, the US stock market has made surprising gains amidst high-interest rates, signaling a comprehensive improvement in market sentiment. 
Closing the first half of the year on a high note, the US stock market has made surprising gains amidst high-interest rates, signaling a comprehensive improvement in market sentiment. -
Bitcoin Dives 6% as SEC Returns Spot Bitcoin ETF Applications Citing 'Lack of Clarity'
On Friday, June 30, inside sources informed the media that the U.S. Securities and Exchange Commission (SEC) has returned spot Bitcoin exchange-traded fund (ETF) applications submitted by major asset management companies via the exchanges. The reason cited was a lack of clarity, completeness, and precision in the submitted materials. 
On Friday, June 30, inside sources informed the media that the U.S. Securities and Exchange Commission (SEC) has returned spot Bitcoin exchange-traded fund (ETF) applications submitted by major asset management companies via the exchanges. The reason cited was a lack of clarity, completeness, and precision in the submitted materials. -
Saudi Arabia to Extend Voluntary Oil Production Cuts Amid Global Market Pressures
A recent media survey indicates that nearly all traders and analysts anticipate Saudi Arabia's additional voluntary oil production cut of 1 million barrels per day will continue until at least August. Several representatives of the OPEC+ nations have suggested that while Saudi Arabia's decision might be unpredictable, an extension of the production cut seems plausible. 
A recent media survey indicates that nearly all traders and analysts anticipate Saudi Arabia's additional voluntary oil production cut of 1 million barrels per day will continue until at least August. Several representatives of the OPEC+ nations have suggested that while Saudi Arabia's decision might be unpredictable, an extension of the production cut seems plausible. -
Nvidia on a Roll! Makes Triple Investment in Generative AI Unicorns, Boosts TSMC's 5nm Production
Nvidia is having a strong year, both in the first half and particularly this week. Amid the new surge of interest in generative AI, Nvidia has become one of the hottest stocks, with a soaring 185% increase in its share price this year, pushing the company's market value over the $1 trillion threshold and placing it far ahead in the hardware race for generative AI and large model research and development. 
Nvidia is having a strong year, both in the first half and particularly this week. Amid the new surge of interest in generative AI, Nvidia has become one of the hottest stocks, with a soaring 185% increase in its share price this year, pushing the company's market value over the $1 trillion threshold and placing it far ahead in the hardware race for generative AI and large model research and development. -
Market Overview: Robust Economic Data Fuels Expectation of Dual Rate Hikes, Stocks Fluctuate amid Rising Treasury Yields
The U.S. economy exhibited further signs of resilience as the growth rate for Q1 GDP was significantly revised upward, driven by strong consumer spending. Meanwhile, the inflation indicator PCE price index for the same quarter was marginally revised downward, contrary to initial predictions that it would remain stable. 
The U.S. economy exhibited further signs of resilience as the growth rate for Q1 GDP was significantly revised upward, driven by strong consumer spending. Meanwhile, the inflation indicator PCE price index for the same quarter was marginally revised downward, contrary to initial predictions that it would remain stable.
