Jerry Lin

Jerry Lin

The Latest

  • Adobe's Financial Results Shine: Is AI Software on the Eve of Explosion?
    Adobe's Financial Results Shine: Is AI Software on the Eve of Explosion?
    Following the surge of Nvidia, a representative of AI hardware, Adobe, the leading creative software company, has also experienced a significant increase driven by AI Generated Content (AIGC). As AI software companies gradually demonstrate their performance in the second half of this year, this sector might be on the verge of a breakthrough.
  • BlackRock Eyes First Spot Bitcoin ETF Amid Crypto Market Meltdown
    Bitcoin token is seen placed on a monitor that displays binary digits in this illustration picture
    As U.S. regulators crack down on two of the world's largest cryptocurrency exchanges, Binance and Coinbase, BlackRock, the world's largest asset management firm, is aiming to introduce its first publicly traded Spot Bitcoin Exchange-Traded Fund (ETF).
  • NVIDIA at All-Time High: Bank of America Remains Bullish Beyond AI, Citing Two 'Secret Weapons'
    Nvidia
    This year, NVIDIA has been a standout star among U.S. stocks, with an increase of nearly 200% so far. The surge has added $640 billion to the company's market value, equivalent to the combined worth of America's two largest banks - JPMorgan Chase and Bank of America.
  • Microsoft Shares Hit Record High, Propelling Tech Stocks Amid AI Boom
    DATA CENTER
    On Thursday Eastern Time, Microsoft shares closed up 3.19% at $348.10, reaching a record high. This makes Microsoft the third major tech company, following NVIDIA and Apple, to achieve a new market capitalization high this year, with an estimated total value of $2.6 trillion. To date, Microsoft's shares have surged 45% this year, adding about $800.6 billion to its market cap.
  • China's Economic Slowdown Sparks Expectations of Stimulus Action
    Factory workers in Zhuhai, China
    China's economy stumbled in May, with industrial output and retail sales growth underperforming predictions, stirring expectations that Beijing may roll out further stimulus measures to buttress an unstable post-pandemic recovery.
  • U.S. Stocks Soar Despite Hawkish Fed: The AI Factor
    New York Stock Exchange
    Despite the hawkish stance of the Federal Reserve, the surge in AI technology continues to propel U.S. stocks higher.
  • ECB Hikes Interest Rates to Highest Level Since 2001, Signals More to Come
    ECB
    The European Central Bank (ECB) has announced a 25 basis point increase in interest rates as expected, reaching its highest level since 2001. Christine Lagarde, ECB President, indicated in a press conference that another rate hike could be forthcoming in July, despite ongoing economic slowdowns.
  • Google Threatened with Breakup: EU Charges Company with Misuse of Ad Monopoly
    CHINA'S TURN
    On June 14, European Union initiated antitrust charges against Google, alleging that Google exploited its dominant position in advertising technology to suppress competition. The indictment strikes at the core of the American company's revenue model and could force Google to separate its lucrative advertising business.
  • Microsoft and OpenAI: A Partnership Marred by Silent Disagreements
    DATA CENTER
    Microsoft and OpenAI's partnership is not as harmonious as it seems on the surface. This subtle discord between the two tech behemoths has unveiled unexpected fissures in their alliance. Microsoft, in order to avoid antitrust scrutiny, holds only 49% of OpenAI's shares, limiting its direct control over the latter.
  • Instant Brands Seeks Financial Shielding Amidst US Bankruptcy Filing
    Instant Brands Seeks Financial Shielding Amidst US Bankruptcy Filing
    As per recent reports, Instant Brands Inc., renowned for the Instant Pot, a popular multifunctional cooking device, is navigating a challenging fiscal landscape in the United States. Faced with mounting financial strain, the company has sought bankruptcy protection, a move that underscores the struggle of retail brands in the current economic climate​.
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