Jonathan Wong

Jonathan Wong

The Latest

  • NTSB Cites Missing Bolts in Alaska Airlines Boeing 737 Max 9 Door Failure Incident
    LULL
    The National Transportation Safety Board (NTSB) has identified missing bolts as the cause of a door plug detachment on an Alaska Airlines Boeing 737 Max 9, shedding light on a harrowing mid-air incident that prompted an emergency landing.
  • Tesla Shares Plummet Amid Corporate Fleet Challenges and Market Pressures
    Tesla looks to pave the way for Chinese battery makers to come to U.S
    Tesla's stock price has been under significant pressure recently, experiencing a sharp decline of approximately 7% during trading hours, contributing to a cumulative drop of 30% since the beginning of the year.
  • Snap to Lay Off 530 employees, 10% of Global Workforce
    Snap
    Snap Inc., the parent company of the popular social media platform Snapchat, announced it will be reducing its global workforce by 10%, equating to approximately 530 employees.
  • Boeing Faces New Setback with 737 Fuselage Flaws, Delivery Delays Loom
    Boeing 737 Max aircraft are parked in a parking lot at Boeing Field in this aerial photo over Seattle
    Boeing has encountered a manufacturing issue with the fuselages of its 737 jets, potentially impacting the delivery timeline for approximately 50 aircraft.
  • McDonald's Quarterly Sales Impacted by Middle East Turmoil, Misses Revenue Expectations
    McDonald's
    McDonald's Corp. experienced a mixed financial quarter, with its revenue falling short of expectations due to the impact of ongoing conflict in the Middle East on its operations in the region.
  • Tesla Initiates Recall to Update 2.2 Million Vehicles After Font Size Flaw Detected
    TESLA BTC SOLD
    Tesla Inc. is initiating a recall for 2.2 million vehicles across the United States due to an issue identified with the font size of the warning lights on the vehicle's display, which federal safety regulators have deemed too small to ensure safe driving.
  • Meta's Stock Jumps 20% with Surprising Dividend Announcement
    Meta
    Meta Platforms Inc., the parent company of Facebook, experienced a significant surge in its stock value following a triumphant fourth-quarter earnings report that exceeded Wall Street expectations.
  • Amazon Surpasses Forecasts with 14% Revenue Increase and AI Expansion
    Amazon bets on Black Friday deals in early holiday shopping push
    Amazon reported a stellar end to its fiscal year, surpassing Wall Street's forecasts with a 14% jump in revenue, reflecting robust performance across its cloud and e-commerce divisions, further buoyed by innovative generative AI features. The company's shares experienced an 8% surge in after-hours trading as the tech giant laid out an optimistic outlook for the forthcoming quarter.
  • Apple Reports Strong Earnings Amidst China Sales Slump and iPhone Sales Stagnation
    U.S. House Members Introduce Bill Targeting Apple And Google App Stores
    Apple Inc. provided a detailed account of its fiscal first-quarter performance. While the tech giant exceeded Wall Street's expectations with earnings per share of $2.18 against the anticipated $2.10 and reported revenue of $119.58 billion surpassing the forecast of $117.91 billion, the announcement was marred by a significant 13% decline in sales in China.
  • Peloton Shares Tumble Amid Gloomy Financial Forecast
    Peloton
    Peloton Interactive Inc. encountered a significant market setback as its shares plummeted roughly 23% following the company's cautionary guidance about its financial path forward.
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