Jerry Lin
The Latest
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Slimming Pill Demand Skyrockets: Supply Shortages Impact Diabetic Patients
Following the sell-out of Novo Nordisk's weight-loss drug Semaglutide, Eli Lilly, another major pharmaceutical company, is now facing a complete shortage of its own "miracle weight-loss drug," Mounjaro. The scramble for these drugs by individuals hoping to shed pounds has left many diabetes patients in a dire situation without their necessary medications. 
Following the sell-out of Novo Nordisk's weight-loss drug Semaglutide, Eli Lilly, another major pharmaceutical company, is now facing a complete shortage of its own "miracle weight-loss drug," Mounjaro. The scramble for these drugs by individuals hoping to shed pounds has left many diabetes patients in a dire situation without their necessary medications. -
Boeing Soars High: Q2 Earnings Surpass Expectations Amid Production Boost and Positive Market Sentiment
In a remarkable turnaround, Boeing Co., the world's largest aerospace provider, has reported a robust financial performance for the second quarter of 2023, defying years of share volatility and profit deterioration. The company's Q2 results, announced on July 26, have surpassed Wall Street expectations, leading to a 4% jump in its shares before the bell. 
In a remarkable turnaround, Boeing Co., the world's largest aerospace provider, has reported a robust financial performance for the second quarter of 2023, defying years of share volatility and profit deterioration. The company's Q2 results, announced on July 26, have surpassed Wall Street expectations, leading to a 4% jump in its shares before the bell. -
Germany Pledges €20 Billion for Chip Development, With €5 Billion for TSMC's New Factory
According to a report from Germany's Heise news network on the 24th, the German government plans to allocate €20 billion to promote the development of the country's chip manufacturing industry. This fund will be drawn from the €180 billion "Climate and Transformation Fund" (KTF) and will be provided as subsidies to both domestic and foreign chip companies by 2027. 
According to a report from Germany's Heise news network on the 24th, the German government plans to allocate €20 billion to promote the development of the country's chip manufacturing industry. This fund will be drawn from the €180 billion "Climate and Transformation Fund" (KTF) and will be provided as subsidies to both domestic and foreign chip companies by 2027. -
Banc of California Acquires PacWest Amidst Industry Turmoil
Regional American bank PacWest announced its merger with Banc of California, taking further steps to self-rescue in the aftermath of a banking industry crisis. 
Regional American bank PacWest announced its merger with Banc of California, taking further steps to self-rescue in the aftermath of a banking industry crisis. -
Twitter, Now 'X', Slashes Advertising Prices in Bid to Attract Advertisers Back Amid Revenue Decline
On July 25, media sources reported that Twitter, now rebranded as "X," is offering new incentives for certain ad formats in the United States and the United Kingdom to lure advertisers back to the Musk-owned platform. 
On July 25, media sources reported that Twitter, now rebranded as "X," is offering new incentives for certain ad formats in the United States and the United Kingdom to lure advertisers back to the Musk-owned platform. -
Google Strikes Back: Triumphs Over Microsoft in AI Stakes This Quarter
The most anticipated and closely watched earnings day of this quarter has arrived, with both Google and Microsoft releasing their quarterly reports on the same day. 
The most anticipated and closely watched earnings day of this quarter has arrived, with both Google and Microsoft releasing their quarterly reports on the same day. -
Android Users, Rejoice! OpenAI's ChatGPT App Now Available in the US, India, Bangladesh, and Brazil
Following a two-month period of exclusivity for Apple users, Android users can now enjoy the OpenAI's ChatGPT app on their mobile devices. 
Following a two-month period of exclusivity for Apple users, Android users can now enjoy the OpenAI's ChatGPT app on their mobile devices. -
LVMH Q2 Revenue Surpasses Expectations, Sees a 34% Surge in Asia Despite Sluggish US Market
On July 25, global luxury goods giant LVMH announced its second-quarter and first-half earnings for this year. 
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
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. 
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
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. 
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.
