Jerry Lin
The Latest
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Crude Awakening: Oil Prices Collapse Again as Financial Bears Oust Commodity Bulls, Even Saudi Cuts Fall Short
A fierce tug-of-war between financial short-sellers and crude oil bulls is underway, wresting control of oil prices. The divergence of oil prices from expected trends continues to rattle market confidence. 
A fierce tug-of-war between financial short-sellers and crude oil bulls is underway, wresting control of oil prices. The divergence of oil prices from expected trends continues to rattle market confidence. -
$69 Billion Acquisition on Thin Ice Again? FTC May Move to Block Microsoft's Activision Blizzard Purchase
sources familiar with the matter reported that the Federal Trade Commission (FTC), the U.S.'s top antitrust regulator, would seek an injunction in court to prevent Microsoft's nearly $69 billion acquisition of Activision Blizzard. 
sources familiar with the matter reported that the Federal Trade Commission (FTC), the U.S.'s top antitrust regulator, would seek an injunction in court to prevent Microsoft's nearly $69 billion acquisition of Activision Blizzard. -
Nasdaq's Tech-focused Strategy Bolstered by $10.5bn Acquisition of Software Firm Adenza
In a record-breaking deal, Nasdaq has agreed to acquire software company Adenza, a property of Thoma Bravo, for a hefty sum of $10.5 billion, thereby accelerating its ambition to be a tech-centric entity. 
In a record-breaking deal, Nasdaq has agreed to acquire software company Adenza, a property of Thoma Bravo, for a hefty sum of $10.5 billion, thereby accelerating its ambition to be a tech-centric entity. -
JPMorgan Settles Epstein Victims' Lawsuit for $290M, No Admission of Wrongdoing
In a move to quell ongoing litigation, JPMorgan Chase has consented to a settlement of approximately $290 million for a class action lawsuit brought by victims of Jeffrey Epstein, according to an undisclosed source. This resolution signifies a significant development in the legal proceedings concerning the bank's controversial ties with the disgraced financier. 
In a move to quell ongoing litigation, JPMorgan Chase has consented to a settlement of approximately $290 million for a class action lawsuit brought by victims of Jeffrey Epstein, according to an undisclosed source. This resolution signifies a significant development in the legal proceedings concerning the bank's controversial ties with the disgraced financier. -
Apple Planning More Affordable Mixed Reality Headset, but Not Until 2025
Following the release of its $3,499 Vision Pro, Apple is reportedly looking into launching a more affordable version of its mixed reality (MR) headset. 
Following the release of its $3,499 Vision Pro, Apple is reportedly looking into launching a more affordable version of its mixed reality (MR) headset. -
U.S. Bond Yields Have Peaked: HSBC Believes it's for Real This Time
While the market is betting on the Federal Reserve skipping a rate hike in June, HSBC has confirmed that long-term U.S. bond yields have already peaked. 
While the market is betting on the Federal Reserve skipping a rate hike in June, HSBC has confirmed that long-term U.S. bond yields have already peaked. -
Vietnam's Power Shortage Worsens: Samsung, Foxconn Factories Bear the Brunt
On Friday, local time, The Wall Street Journal cited local sources in Vietnam, reporting that some production bases of Apple suppliers such as Foxconn and Luxshare Precision, as well as Samsung Electronics' base in Northern Vietnam, have received notices from local power companies. They were asked to consider rotating power outages or, at the very least, reducing electricity usage during peak hours. 
On Friday, local time, The Wall Street Journal cited local sources in Vietnam, reporting that some production bases of Apple suppliers such as Foxconn and Luxshare Precision, as well as Samsung Electronics' base in Northern Vietnam, have received notices from local power companies. They were asked to consider rotating power outages or, at the very least, reducing electricity usage during peak hours. -
UBS Clears Hurdle for Historic Acquisition of Credit Suisse, Completion Expected Next Week
On Friday, June 9, UBS CEO Sergio Ermotti hinted at the Swiss Economic Forum that the takeover of rival Credit Suisse would be finalized on June 12, marking the biggest banking deal since the global financial crisis in 2008. 
On Friday, June 9, UBS CEO Sergio Ermotti hinted at the Swiss Economic Forum that the takeover of rival Credit Suisse would be finalized on June 12, marking the biggest banking deal since the global financial crisis in 2008. -
JPMorgan Asset Management CIO Warns of Impending Recession: Calm Before the Storm
Despite the recent consistent rise of the U.S. stock market, with widespread expectations that the Federal Reserve is nearing the end of its rate hike cycle and will pause next week, Bob Michele, a Wall Street veteran of four decades and the Chief Investment Officer (CIO) of JPMorgan's Asset Management business, worries that this is only the calm before the storm of recession. Despite the recent consistent rise of the U.S. stock market, with widespread expectations that the Federal Reserve is nearing the end of its rate hike cycle and will pause next week, Bob Michele, a Wall Street veteran of four decades and the Chief Investment Officer (CIO) of JPMorgan's Asset Management business, worries that this is only the calm before the storm of recession. -
Netflix Surges After Cracking Down on Account Sharing: Record-breaking Subscriptions Propel Growth
According to a research report released on Friday, June 9, by research firm Antenna, Netflix saw a surge in subscribers after cracking down on user password sharing. 
According to a research report released on Friday, June 9, by research firm Antenna, Netflix saw a surge in subscribers after cracking down on user password sharing.
