Jerry Lin
The Latest
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Aggressive Interest Rate Hikes by US, UK Central Banks Send Oil Prices Plummeting: Global Oil Market in 'Eye of the Fragile Storm'
The aggressive rate hikes by central banks in the UK and the US have intensified worries about a global economic downturn and energy demand, sending oil prices crashing down. On Thursday, West Texas Intermediate (WTI) crude oil dropped by a staggering 4%, plunging below the $70 mark, and essentially erasing all gains made over the past week. 
The aggressive rate hikes by central banks in the UK and the US have intensified worries about a global economic downturn and energy demand, sending oil prices crashing down. On Thursday, West Texas Intermediate (WTI) crude oil dropped by a staggering 4%, plunging below the $70 mark, and essentially erasing all gains made over the past week. -
Amazon Cloud Challenges Microsoft, Google with $100M Generative AI Innovation Hub
Amazon is making a strong bid to catch up in the ongoing generative artificial intelligence (AI) race sparked by ChatGPT, pitting itself against tech giants like Microsoft and Google. 
Amazon is making a strong bid to catch up in the ongoing generative artificial intelligence (AI) race sparked by ChatGPT, pitting itself against tech giants like Microsoft and Google. -
Bank of England Shockingly Hikes Rate by 50bps: Market Expects Another Surge by August
Following a series of recent data reflecting stubbornly high inflation, from unemployment to the Consumer Price Index (CPI), the Bank of England (BoE) opted for an aggressive rate hike. 
Following a series of recent data reflecting stubbornly high inflation, from unemployment to the Consumer Price Index (CPI), the Bank of England (BoE) opted for an aggressive rate hike. -
Turkey's First Rate Hike in Over Two Years Falls Short of Expectations, Lira Plummets by 4%
Turkey's Central Bank took a shift in its monetary policy on Thursday, raising interest rates by 650 basis points from 8.5% to 15% in its first hike since March 2021. However, the increase was not as substantial as the market had anticipated, and the Lira fell sharply by 4% as a result. 
Turkey's Central Bank took a shift in its monetary policy on Thursday, raising interest rates by 650 basis points from 8.5% to 15% in its first hike since March 2021. However, the increase was not as substantial as the market had anticipated, and the Lira fell sharply by 4% as a result. -
Strong Asian Demand Boosts Middle East Spot Oil Prices Amid Global Recession Fears
Amid global economic recession fears pressuring oil prices worldwide, robust demand from Asian economies like China and Japan boosted spot oil prices in the Middle East on Wednesday, June 21. 
Amid global economic recession fears pressuring oil prices worldwide, robust demand from Asian economies like China and Japan boosted spot oil prices in the Middle East on Wednesday, June 21. -
Wall Street Evaluates Tesla's Supercharger Network: Could it be Worth $100 Billion?
As Tesla's charging network becomes increasingly popular in the auto industry, Wall Street has begun to actively evaluate how much value the charging network can bring to Tesla. 
As Tesla's charging network becomes increasingly popular in the auto industry, Wall Street has begun to actively evaluate how much value the charging network can bring to Tesla. -
Anticipation Builds for BlackRock's Bitcoin Spot ETF Approval as Crypto Market Seeks a Boost
The volatile and challenging cryptocurrency sphere is now pinning hopes on the possibility of a cryptocurrency ETF, applied for by BlackRock, the world's largest asset management firm, gaining approval. 
The volatile and challenging cryptocurrency sphere is now pinning hopes on the possibility of a cryptocurrency ETF, applied for by BlackRock, the world's largest asset management firm, gaining approval. -
Abu Dhabi's $1.1 Billion Lifeline Injects Hope into Nio Amidst Price War and Financial Struggles
Nio, a prominent Chinese electric vehicle (EV) company, has received a strategic investment of about $1.1 billion from Abu Dhabi, one of the largest sovereign wealth funds in the world. The deal was confirmed on Tuesday and will give Abu Dhabi approximately 7% ownership in Nio's issued and outstanding shares after additional new shares and transfer of existing shares. 
Nio, a prominent Chinese electric vehicle (EV) company, has received a strategic investment of about $1.1 billion from Abu Dhabi, one of the largest sovereign wealth funds in the world. The deal was confirmed on Tuesday and will give Abu Dhabi approximately 7% ownership in Nio's issued and outstanding shares after additional new shares and transfer of existing shares. -
Springing Back to Life: U.S. Housing Market Surges as New Builds Hit 30-Year High
The U.S. housing market, after enduring a chilly winter due to high interest rates last year, is showing significant signs of recovery. 
The U.S. housing market, after enduring a chilly winter due to high interest rates last year, is showing significant signs of recovery. -
Decoding Tesla's Soaring Stock: AI, Robo-Taxis, and the Road Ahead
Tesla's stock has soared nearly 50% in the past month. But how sustainable is this rise, and how should one value Tesla? 
Tesla's stock has soared nearly 50% in the past month. But how sustainable is this rise, and how should one value Tesla?
