Jerry Lin
The Latest
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BP's Profits Plunge by 70% in Q2 Amid Weak Oil Prices, but Dividends Hike by 10%
Even the giants are not spared! BP, the British oil behemoth, announced on Tuesday a near 70% drop in profits in the second quarter, due to weaker oil prices compared to the previous year. 
Even the giants are not spared! BP, the British oil behemoth, announced on Tuesday a near 70% drop in profits in the second quarter, due to weaker oil prices compared to the previous year. -
Bed Bath & Beyond's Phoenix Rise: Overstock.com Revives Iconic Brand as Online Powerhouse
Bed Bath & Beyond, the iconic home goods retailer that declared bankruptcy earlier this year, has made a triumphant return to the market as an online store under new ownership. Overstock.com, the company that purchased Bed Bath & Beyond's intellectual property assets for $21.5 million, officially relaunched the brand as BedBathandBeyond.com in the United States on Tuesday. 
Bed Bath & Beyond, the iconic home goods retailer that declared bankruptcy earlier this year, has made a triumphant return to the market as an online store under new ownership. Overstock.com, the company that purchased Bed Bath & Beyond's intellectual property assets for $21.5 million, officially relaunched the brand as BedBathandBeyond.com in the United States on Tuesday. -
Global Central Banks' Gold Acquisitions Hit Record High, Poised to Remain Strong Throughout the Year: World Gold Council
The World Gold Council reports that global central bank gold acquisitions set a new historical record for the first half of this year. 
The World Gold Council reports that global central bank gold acquisitions set a new historical record for the first half of this year. -
Big Four Accounting Firms Go Ballistic as New U.S. Rule Calls for 'More Responsibility': Audit Fees Set to Skyrocket
A new U.S. regulation aimed at audit organizations is facing collective opposition from the Big Four accounting firms, showcasing an intense legal power struggle between auditors and regulators as the U.S. government is determined to overhaul its capital markets. 
A new U.S. regulation aimed at audit organizations is facing collective opposition from the Big Four accounting firms, showcasing an intense legal power struggle between auditors and regulators as the U.S. government is determined to overhaul its capital markets. -
Dell Teams Up with Nvidia in Full-Scale Development of Generative AI: PCs Gone Wild!
Not just software companies are throwing their hats into the ring of generative AI competition. 
Not just software companies are throwing their hats into the ring of generative AI competition. -
EcoPro's Rollercoaster Ride: South Korean Retail Traders Buffet Institutional Shorts as 'Demon Stock' Tanks 30% in an Hour
Recently, a dramatic stock market scenario played out in South Korea. 
Recently, a dramatic stock market scenario played out in South Korea. -
Record Outflows from Crude Oil ETFs as Oil Price Surges Past $80
As oil prices surge past $80, investors in oil ETFs are cashing in and pulling out. 
As oil prices surge past $80, investors in oil ETFs are cashing in and pulling out. -
Nvidia's Demand Skyrockets, Could Meet Quarterly Target from Four Major Orders Alone, says Wall Street
Chip demand is "off the charts," and industry leader Nvidia's performance could far exceed general expectations. 
Chip demand is "off the charts," and industry leader Nvidia's performance could far exceed general expectations. -
Global Stock Markets Revel in July, U.S. and Chinese Stocks Surge Amid Cooling Inflation
As July wraps up, global stock markets have experienced a significant upturn after initial restraint. U.S. stocks showcased the longest streak of monthly gains in two years, with Chinese stocks increasing by 20% in July. European stocks rose for two consecutive months, and Hong Kong's Hang Seng Tech Index entered a technical bull market while A-shares closed in the red. 
As July wraps up, global stock markets have experienced a significant upturn after initial restraint. U.S. stocks showcased the longest streak of monthly gains in two years, with Chinese stocks increasing by 20% in July. European stocks rose for two consecutive months, and Hong Kong's Hang Seng Tech Index entered a technical bull market while A-shares closed in the red. -
U.S. Treasury Hikes Q3 Borrowing Expectations to a Record $1 Trillion Amid Surging Deficit
The U.S. Department of the Treasury significantly raised its net borrowing estimate for the third quarter of this year to a record $1 trillion, a 36.4% increase from the initial $733 billion projection made in early May. The revision, announced this Monday, underscores a concerning trend of deepening fiscal deficits. 
The U.S. Department of the Treasury significantly raised its net borrowing estimate for the third quarter of this year to a record $1 trillion, a 36.4% increase from the initial $733 billion projection made in early May. The revision, announced this Monday, underscores a concerning trend of deepening fiscal deficits.
