Jerry Lin

Jerry Lin

The Latest

  • Stealthy Price Cut or Strategic Incentive? Tesla Launches Global Cashback Rewards for Referrals
    TESLA BTC SOLD
    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?
    DEMAND UP
    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
    POOR ZUCKERBERG
    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
    SETTLEMENT
    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.
    General Motors
    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
    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.
  • Riding the New Wave: South Korea Aims to Rank as Third Global Powerhouse in AI
    69.3% of Travelers to Japan Cancel or Change Their Trip Due to the Trade Conflict Between South Korea and Japan
    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.
  • The Fed Takes the Heat: Lower Oil Prices Amid Rising Demand, Blaming Interest Rate Hikes
    OIL PRICE HIKE
    Over the past six months, despite the support of China's economic recovery for energy demand, and production cuts announced by OPEC+ members including Russia and Saudi Arabia, oil prices have continued to fluctuate downward, with a cumulative drop of over $10 per barrel this year.
  • Unprecedented Divergence: Global Central Banks Take Different Paths in Monetary Policy
    INTEREST HIKE
    Following more than a year of aggressive rate-hike cycles, a composite index of borrowing costs computed by Bloomberg Economics suggests that the global cost of borrowing will continue to rise this quarter, peaking at 6.25%, slightly above the previous quarter's projection of 6%.
  • BYD's First Factory Outside Asia: A $7 Billion Venture into Brazil
    BYD
    Chinese new energy titan, BYD, continues to accelerate its global expansion. Adding to its territories in Southeast Asia and Europe, BYD has now spread its influence into South America.
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