Jonathan Wong

Jonathan Wong

The Latest

  • Apple Faces Wall Street Skepticism with Second Downgrade Amid iPhone Sales Concerns
    Apple Stores Offer Express Storefront
    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
    'Quad' countries to agree on secure microchip supply chains - media
    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.
  • Netflix
    the US streaming market is undergoing a seismic shift.
  • The $107 Billion Slip: Analyzing Apple's Worst Daily Decline and Future Prospects
    Apple
    Apple Inc. commenced 2024 with a tremor felt across the financial world as its shares fell by 3.58% to $185.64/ADS, erasing approximately $107 billion (or 7,660 billion RMB) from its market value.
  • Musk's X Plummets in Value: Navigating a 71% Drop and Advertiser Exodus
    ELON MUSK
    Since Elon Musk's acquisition over a year ago, X (formerly Twitter) has seen deteriorating relations with advertisers and a significant 71% decrease in valuation.
  • Intel's New Plant Underscores Resilience of Israeli Tech Amid Conflict
    Intel Corporation
    Despite being in a state of war, Israel's tech industry continues to draw foreign investment.
  • Apple Loses Lawsuit: Ban on Latest Apple Watches in the U.S. Remains
    Apple's Watch Series 9 and Ultra 2: A New Era of Wearable Tech with Double Tap and Enhanced Displays
    tech giant Apple has failed to overturn the U.S. ban on its latest Apple Watch models. In October, the U.S. International Trade Commission (ITC) ruled that the blood oxygen monitoring technology in Apple's latest smartwatches infringed on patents held by health technology company Masimo.
  • Hapag-Lloyd Navigates Around Risk: Chooses Cape of Good Hope Over Red Sea Amid Security Concerns
    U.S. import prices
    Global shipping behemoth Hapag-Lloyd has announced its decision to continue circumnavigating the Cape of Good Hope instead of passing through the Red Sea, citing ongoing security issues despite the presence of a newly formed joint task force aimed at protecting vessels from attacks by Yemeni Houthi insurgents.
  • Binance's CZ Ends 2023 with a Financial Surge Amidst Legal Storms
    CZ
    Changpeng Zhao (CZ), the founder and former CEO of Binance, has paradoxically seen his fortune soar by nearly $25 billion as 2023 draws to a close.
  • Amazon to Fully Venture into Online Car Sales Next Year, Starting with Hyundai
    FEE DEAL
    In a strategic move to maintain its dominance in the e-commerce sector, Amazon is set to place its next bet on car sales. Reports indicate that Amazon and Hyundai Motor Company have recently agreed to initiate an online car-selling service, with sales of Hyundai cars on Amazon's website starting next year.
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