Jerry Lin
The Latest
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US Shakes OPEC+ Control Over Oil Prices Amid Rising Production
Despite Saudi Arabia-led OPEC+'s determined efforts to bolster oil prices, US oil output is projected to break records this year. The surge in crude oil production outside the OPEC+ region weakens the organization's pricing power and explains the persistently low oil prices despite numerous positive triggers. 
Despite Saudi Arabia-led OPEC+'s determined efforts to bolster oil prices, US oil output is projected to break records this year. The surge in crude oil production outside the OPEC+ region weakens the organization's pricing power and explains the persistently low oil prices despite numerous positive triggers. -
Binance in Regulatory Crosshairs Amidst Key Executives Departure and Global Probes
As Binance, the world's leading cryptocurrency exchange, struggles with multiple legal and regulatory challenges, a series of top executives have recently announced their departure. This upheaval could potentially complicate matters further for the company, which is facing increasing scrutiny from international regulators. 
As Binance, the world's leading cryptocurrency exchange, struggles with multiple legal and regulatory challenges, a series of top executives have recently announced their departure. This upheaval could potentially complicate matters further for the company, which is facing increasing scrutiny from international regulators. -
Apple's $700 Headache: Costly and Scarce Micro OLEDs Strangle Vision Pro's Prospects
Despite not having set a specific release date for its debut mixed reality headset, the Vision Pro, Apple plans to promote this new product in major American cities such as New York and Los Angeles in early 2024. Customers need to reserve to buy, which may make the purchase of this high-priced $3500 product more challenging. 
Despite not having set a specific release date for its debut mixed reality headset, the Vision Pro, Apple plans to promote this new product in major American cities such as New York and Los Angeles in early 2024. Customers need to reserve to buy, which may make the purchase of this high-priced $3500 product more challenging. -
Stealthy Price Cut or Strategic Incentive? Tesla Launches Global Cashback Rewards for Referrals
Tesla, having recently committed to abstaining from price wars, has promptly rolled out a fresh benefit for its customers. 
Tesla, having recently committed to abstaining from price wars, has promptly rolled out a fresh benefit for its customers. -
Defying the Downturn: Why Microsoft Stands Tall Amidst a Plunge in U.S. Stocks?
During a day when U.S. stocks fell across the board due to the "mini non-farm" stimulus igniting aggressive interest rate hike expectations from the Federal Reserve, Microsoft stood its ground, rising by over 0.9% in a two-day streak to a high since June 16. This left Microsoft as the only stock in the Dow Jones Index to experience an uptick. Microsoft's stock has risen 42% since the start of the year to $341.27. 
During a day when U.S. stocks fell across the board due to the "mini non-farm" stimulus igniting aggressive interest rate hike expectations from the Federal Reserve, Microsoft stood its ground, rising by over 0.9% in a two-day streak to a high since June 16. This left Microsoft as the only stock in the Dow Jones Index to experience an uptick. Microsoft's stock has risen 42% since the start of the year to $341.27. -
Threads from Meta Takes Off: 30 Million Sign-ups in 16 Hours, Challenging Twitter's Supremacy
Twitter has gained a formidable rival. Instagram, part of Meta Platforms, launched Threads on the App Store and in less than a day, it has garnered millions of users. 
Twitter has gained a formidable rival. Instagram, part of Meta Platforms, launched Threads on the App Store and in less than a day, it has garnered millions of users. -
SEC Targets $5.5 Trillion Market with New Money Market Fund Regulations
American Securities and Exchange Commission (SEC) is gearing up to introduce a new set of rules aimed at money market mutual funds, a move that may cause friction with the industry titans who dominate this $5.5 trillion market, as reported on Thursday, July 6th. 
American Securities and Exchange Commission (SEC) is gearing up to introduce a new set of rules aimed at money market mutual funds, a move that may cause friction with the industry titans who dominate this $5.5 trillion market, as reported on Thursday, July 6th. -
Automakers Continue to Thrive Post-Tesla: Toyota's Q2 Sales Increase Almost 15%, GM Sees Nearly 19% Boost in U.S.
Data from several automakers indicate that the U.S. car market is stabilizing. 
Data from several automakers indicate that the U.S. car market is stabilizing. -
Pinduoduo's E-commerce Expansion Continues: Temu Launches in Japan, Sets Sights on Asian Market
Recently, Pinduoduo's cross-border e-commerce platform, Temu, officially launched in Japan, marking its first foray into an Asian country. The site was originally planned to go live on June 22 but was eventually delayed to July 1 following preparations. 
Recently, Pinduoduo's cross-border e-commerce platform, Temu, officially launched in Japan, marking its first foray into an Asian country. The site was originally planned to go live on June 22 but was eventually delayed to July 1 following preparations. -
Riding the New Wave: South Korea Aims to Rank as Third Global Powerhouse in AI
In the wake of the emergence of OpenAI's GPT series, governments and corporations worldwide are catching a glimpse of the Fourth Industrial Revolution. Major economies globally are throwing their hats into the ring, placing heavy bets in a bid to seize the advantage in the AI race. South Korea, already a player in the semiconductor field, is striving to join the ranks of AI superpowers. 
In the wake of the emergence of OpenAI's GPT series, governments and corporations worldwide are catching a glimpse of the Fourth Industrial Revolution. Major economies globally are throwing their hats into the ring, placing heavy bets in a bid to seize the advantage in the AI race. South Korea, already a player in the semiconductor field, is striving to join the ranks of AI superpowers.
