Jerry Lin

Jerry Lin

The Latest

  • Oil Price Rollercoaster: Reuters' Misfire Sparks Intense Market Tug of War at the $80 Mark
    OIL
    On the afternoon of July 17th, the oil market experienced a sudden surge, with both US and Brent crude soaring by over 2% following a report from Reuters stating that "Saudi Arabia's Energy Department will voluntarily extend production cuts until the end of 2024." This news prompted a rise in European energy stocks as well.
  • Twitter's Financial Struggles Continue: Musk Reveals Negative Cash Flow and Ad Revenue Decline
    Elon Musk
    Elon Musk, the CEO of Tesla and SpaceX, who also serves as the executive chairman and CTO of Twitter, has revealed that the social media giant is still grappling with financial challenges. Despite a series of drastic cost-cutting measures and attempts to monetize the platform, Twitter's cash flow remains in the negative territory.
  • Binance to Slash Workforce amid US Regulatory Pressure: Insiders Report Up to 3000 Jobs in Jeopardy
    BINANCE
    On Friday, July 14, insider sources revealed that Binance plans to lay off between 1,500 and 3,000 employees globally this year, according to media reports. The layoffs are said to be a response to an ongoing investigation by the U.S. Department of Justice, which could potentially culminate in a settlement.
  • iPhone 15 Set to Pioneer Advanced AI and Battery Innovations
    Apple Doubles Down On 5G With New iPhone 13, Upgrades iPad Mini
    In a world where technology is advancing at a breakneck pace, Apple Inc. is poised to make a significant leap forward with its upcoming iPhone 15. The tech giant is reportedly planning to introduce a new battery technology and AI-powered features that could revolutionize the user experience.
  • The US Federal Reserve Anticipates July Interest Rate Hike: Debates on Future Increases Continue
    Federal Reserve
    This July, an interest rate hike by the U.S. Federal Reserve is highly anticipated, yet the debates on the circumstances for future increases continue.
  • BlackRock's Q2 Profits and Assets Surpass Expectations, But Fund Inflows Lag
    BlackRock Inc
    Before the U.S. stock market opened on Friday, July 14, BlackRock, the world's largest asset management company, announced its second-quarter earnings.
  • Apple Watch Ultra 2: A Leap into 3D Printing Technology, Says Analyst
    Apple Watch
    In a groundbreaking move, Apple is set to revolutionize its manufacturing process with the introduction of 3D printing technology in the production of the second-generation Apple Watch Ultra. This innovative approach is expected to significantly improve production time and reduce costs, marking a new era in the tech giant's manufacturing strategy.
  • Japanese 'Whale' GPIF Increases U.S. Treasury Holdings to a Three-Year High
    Sheets of former U.S. President Abraham Lincoln on the five-dollar bill.
    The recent strengthening of the U.S. dollar against the Japanese yen to a certain extent offset the decline in U.S. Treasury bonds, further enhancing the preference of Japanese investors for U.S. debt. The percentage of U.S. bonds held by the Japanese Government Pension Investment Fund (GPIF) has risen to its highest level in three years.
  • Bridgewater's Chilling Forecast: The U.S. Battle with Inflation Is Far From Over!
    Macy's Herald Square
    Since the U.S. Federal Reserve commenced its cycle of interest rate hikes in March of last year, the global market has been eagerly awaiting news of an economic cooldown in the U.S. Under tightening policies, bad news becomes good news.
  • A Clash of EV Titans in India? BYD Reportedly Plans $1B Factory Investment
    BYD
    Two of the largest new energy vehicle manufacturers from China and the U.S. are heading towards the same destination-India-for a new round of competition.
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