Jonathan Wong
The Latest
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Elon Musk's Cryptic Clue Points to Exciting New Developments at Tesla
In a recent exchange on the social media platform X, Elon Musk, the CEO of Tesla, Inc., hinted at the launch of new products from the electric vehicle (EV) giant, sparking widespread speculation and excitement in the tech and automotive industries. In a recent exchange on the social media platform X, Elon Musk, the CEO of Tesla, Inc., hinted at the launch of new products from the electric vehicle (EV) giant, sparking widespread speculation and excitement in the tech and automotive industries. -
United and Alaska Airlines Find Loose Parts on Boeing 737 MAX 9, Prompting FAA Grounding
The aviation industry is facing renewed scrutiny over Boeing's 737 MAX 9 aircraft, following the discovery of loose parts on planes operated by United Airlines and Alaska Airlines. The aviation industry is facing renewed scrutiny over Boeing's 737 MAX 9 aircraft, following the discovery of loose parts on planes operated by United Airlines and Alaska Airlines. -
Boeing Stocks Plunge 8% Pre-Market After Global Grounding of 737 Max 9 Following In-Flight Incident
In a harrowing incident that left the world aghast, a Boeing aircraft found itself at the center of a fresh controversy when, flying at 5,000 meters, a loud bang was heard, and a massive hole appeared in the plane's side after an emergency door was blown away. In a harrowing incident that left the world aghast, a Boeing aircraft found itself at the center of a fresh controversy when, flying at 5,000 meters, a loud bang was heard, and a massive hole appeared in the plane's side after an emergency door was blown away. -
BlackRock Gears Up with $2 Billion for Forthcoming Bitcoin ETF Approval
BlackRock, the New York-based asset management behemoth, is reportedly gearing up for a significant foray into the cryptocurrency market. The firm is said to be lining up approximately $2 billion in capital for the launch of its iShares Bitcoin Trust (IBIT), a spot Bitcoin exchange-traded fund (ETF) designed to offer regulated exposure to Bitcoin (BTC) for investors BlackRock, the New York-based asset management behemoth, is reportedly gearing up for a significant foray into the cryptocurrency market. The firm is said to be lining up approximately $2 billion in capital for the launch of its iShares Bitcoin Trust (IBIT), a spot Bitcoin exchange-traded fund (ETF) designed to offer regulated exposure to Bitcoin (BTC) for investors -
Apple Vision Pro Set for February Launch, Training and Shipments Underway
Apple Inc. is gearing up for the February launch of its highly anticipated Apple Vision Pro, with units already shipping to U.S. distribution warehouses and retail employees undergoing intensive training. Apple Inc. is gearing up for the February launch of its highly anticipated Apple Vision Pro, with units already shipping to U.S. distribution warehouses and retail employees undergoing intensive training. -
First Quantum Mulls Stake Sale in Zambian Mines to Jiangxi Copper Amid Financial Strain
First Quantum Minerals, a Canadian miner, is reportedly in discussions to sell a stake in its Zambian copper mines to the Chinese state-owned Jiangxi Copper Corp. The potential deal aims to strengthen the Canadian company's financial position, as informed by a source familiar with the situation. However, the details remain uncertain, and it's unclear if the ongoing discussions will lead to an actual transaction. First Quantum Minerals, a Canadian miner, is reportedly in discussions to sell a stake in its Zambian copper mines to the Chinese state-owned Jiangxi Copper Corp. The potential deal aims to strengthen the Canadian company's financial position, as informed by a source familiar with the situation. However, the details remain uncertain, and it's unclear if the ongoing discussions will lead to an actual transaction. -
Frédéric Arnault Takes the Helm of LVMH's Watch Division Amid Succession Speculations
Frédéric Arnault, the son of Bernard Arnault, one of the world's wealthiest individuals and the driving force behind LVMH, has recently been appointed as the chief executive of the company's watches unit. This strategic move within the luxury empire has ignited discussions about potential succession plans and the future leadership of the group. Frédéric Arnault, the son of Bernard Arnault, one of the world's wealthiest individuals and the driving force behind LVMH, has recently been appointed as the chief executive of the company's watches unit. This strategic move within the luxury empire has ignited discussions about potential succession plans and the future leadership of the group. -
Maersk Reroutes Vessels from Red Sea Amid Security Threats
Maersk, one of the world's leading container shipping giants, has taken decisive action by diverting all its vessels from the region's routes to circumnavigate Africa's Cape of Good Hope. Maersk, one of the world's leading container shipping giants, has taken decisive action by diverting all its vessels from the region's routes to circumnavigate Africa's Cape of Good Hope. -
Apple Faces Wall Street Skepticism with Second Downgrade Amid iPhone Sales Concerns
Apple Inc., once a darling of Wall Street, is facing a wave of skepticism as concerns over iPhone sales and a weak macro environment, particularly in China, have led to a second downgrade this week. Apple Inc., once a darling of Wall Street, is facing a wave of skepticism as concerns over iPhone sales and a weak macro environment, particularly in China, have led to a second downgrade this week. -
US Government Pledges $162 Million to Microchip Technology to Expand Domestic Chip Production
In a decisive move to fortify domestic semiconductor production, the U.S. Commerce Department has announced plans to award Microchip Technology a significant $162 million grant. This substantial infusion of federal funds is part of the broader "Chips for America" initiative, a $52.7 billion program approved by Congress in August 2022 to stimulate U.S. semiconductor manufacturing and research. In a decisive move to fortify domestic semiconductor production, the U.S. Commerce Department has announced plans to award Microchip Technology a significant $162 million grant. This substantial infusion of federal funds is part of the broader "Chips for America" initiative, a $52.7 billion program approved by Congress in August 2022 to stimulate U.S. semiconductor manufacturing and research.