Jerry Lin
The Latest
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Salvatore Ferragamo's Profits Stumble: Failing to Sway Consumers Despite Brand Transformation
Salvatore Ferragamo's fortunes are dwindling. 
Salvatore Ferragamo's fortunes are dwindling. -
BYD's Billion Dollar Bet Stalls in India: Challenges and Opportunities for China's EV Titan
BYD, China's ambitious electric vehicle (EV) giant, recently encountered roadblocks in its international expansion, specifically in India. According to recent reports, BYD has decided to suspend its plan to invest $1 billion in building an electric car factory in India, a decision which has been conveyed to its local partner, Megha Engineering. 
BYD, China's ambitious electric vehicle (EV) giant, recently encountered roadblocks in its international expansion, specifically in India. According to recent reports, BYD has decided to suspend its plan to invest $1 billion in building an electric car factory in India, a decision which has been conveyed to its local partner, Megha Engineering. -
Apple Shifts 20% of iPhone Production to India Amid Market Expansion
Apple Inc. is setting its sights on India, intending to relocate at least 20% of its iPhone production to the country, according to a Nikkei Asia report on August 3. The tech giant reportedly sees potential in India's sales and manufacturing markets and is investing heavily in the production of the new iPhone 15 model in the country. 
Apple Inc. is setting its sights on India, intending to relocate at least 20% of its iPhone production to the country, according to a Nikkei Asia report on August 3. The tech giant reportedly sees potential in India's sales and manufacturing markets and is investing heavily in the production of the new iPhone 15 model in the country. -
Amazon Q2 Earnings Surpass Predictions, Futures Soar Nearly 8% After Hours
On August 3, after U.S. market close, Amazon announced its second-quarter earnings. The online retailer's Q2 revenue and Q3 guidance both exceeded market expectations. 
On August 3, after U.S. market close, Amazon announced its second-quarter earnings. The online retailer's Q2 revenue and Q3 guidance both exceeded market expectations. -
Oil Prices on the Rise! Reports Indicate Saudi Arabia May Extend 1 Million Barrel Cut Until September
OPEC+ main member countries are set to hold their bi-monthly meeting at 2 p.m. in Vienna to evaluate the state of the global oil market. Concurrently, Saudi Arabia will consider whether to continue its unilateral production cuts. 
OPEC+ main member countries are set to hold their bi-monthly meeting at 2 p.m. in Vienna to evaluate the state of the global oil market. Concurrently, Saudi Arabia will consider whether to continue its unilateral production cuts. -
Global AI Investment Forecast to Soar to $200 Billion by 2025, Goldman Sachs Predicts
Goldman Sachs economists project that by 2025, global investment in Artificial Intelligence (AI) could reach up to $200 billion. 
Goldman Sachs economists project that by 2025, global investment in Artificial Intelligence (AI) could reach up to $200 billion. -
Bank of England Hikes Interest Rates Again, Slashes Future Economic Growth Forecasts
Following an unexpected 50-basis point hike in June, the Bank of England (BoE) has once again raised its rates, albeit at a slower pace, influenced by recent cooled inflation data. 
Following an unexpected 50-basis point hike in June, the Bank of England (BoE) has once again raised its rates, albeit at a slower pace, influenced by recent cooled inflation data. -
Goldman Sachs Bullish on Oil: Market Optimism Could Push Prices Up by 16%
Goldman Sachs, a significant player in commodity markets, suggests that the steady global economic growth, coupled with ongoing production cuts from OPEC+, could lead to a supply deficit in the oil market for the latter half of the year, consequently boosting oil prices. 
Goldman Sachs, a significant player in commodity markets, suggests that the steady global economic growth, coupled with ongoing production cuts from OPEC+, could lead to a supply deficit in the oil market for the latter half of the year, consequently boosting oil prices. -
Top Apple Analyst Guo Ming-Chi Forecasts Unexciting Q2 Results and Slow AI Progress for Apple
Apple shares dropped 1.6% overnight to a week and a half low, as the market anxiously awaits the company's quarterly report on Thursday. 
Apple shares dropped 1.6% overnight to a week and a half low, as the market anxiously awaits the company's quarterly report on Thursday. -
Apple and Goldman Sachs' $10B Savings Boom: Revolutionizing Mobile Banking in Just Over Three Months
On Wednesday, August 2, amidst widespread speculation of a possible split between Apple Inc. and Goldman Sachs, both companies revealed their jointly launched high-yield savings account had already reached a deposit balance of $10 billion in the U.S. This impressive milestone indicates their substantial strength in an American banking sector still recovering from turbulence. 
On Wednesday, August 2, amidst widespread speculation of a possible split between Apple Inc. and Goldman Sachs, both companies revealed their jointly launched high-yield savings account had already reached a deposit balance of $10 billion in the U.S. This impressive milestone indicates their substantial strength in an American banking sector still recovering from turbulence.
