Jonathan Wong

Jonathan Wong

The Latest

  • Tesla's Cybertruck Delivery Delayed Again: What's Holding It Back?
    DELAYED AGAIN
    After years of anticipation, Tesla's highly-anticipated electric pickup, the Cybertruck, was set to begin deliveries. Elon Musk had previously indicated that the first batch of pickups would be delivered during an event in late September.
  • China's Forex Reserves Dip to $3.16 Trillion Amid Strengthening Dollar
    Japan, China extend currency swap arrangement for 3 years-BOJ
    China's State Administration of Foreign Exchange (SAFE) revealed on Thursday that by the end of August, the country's foreign exchange reserves stood at $3.16 trillion. This marks a decrease of $44.2 billion from the end of July, a decline of 1.38%, hitting a six-month low.
  • WeWork on the Brink: Company to Renegotiate Nearly All Global Leases
    WEWORK
    The co-working giant WeWork, which received over $10 billion in investments from SoftBank and was later admitted by Masayoshi Son as a flawed investment, is now seeking to renegotiate almost all of its global leases. The company also plans to exit locations that are "unsuitable and underperforming."
  • Tesla Warns of Q3 Production and Delivery Decline Due to Global Factory Shutdowns
    Tesla
    Despite the potential profit boost from the new Model 3, Tesla's performance this quarter may fall short of expectations.
  • Mitch McConnell's Health Under Scrutiny: Charlamagne tha God Questions GOP's Transparency
    Sen. Mitch McConnell
    In recent weeks, Senator Mitch McConnell has become the subject of intense speculation and concern following two separate incidents where he appeared to "freeze" during public appearances. The episodes have not only raised eyebrows among the general public but have also caught the attention of prominent figures in the media, including radio DJ Charlamagne tha God.
  • Biden Administration Cancels Controversial Alaska Oil and Gas Leases
    US Oil Reserves
    In a significant move reflecting the Biden administration's commitment to environmental conservation, the U.S. Interior Department announced the cancellation of oil and gas leases in a federal wildlife refuge. These leases, acquired by an Alaska state development agency, were initially granted during the final days of the Trump administration.
  • Birmingham Goes Bankrupt: UK's Second-Largest City Faces Financial Collapse with Over 20 Others at Risk
    Prudential UK
    Financial Crisis Strikes On September 5, Birmingham City Council, the second-largest city in the UK, issued a "Section 114 notice," effectively declaring bankruptcy.
  • Grayscale Pushes Back: SEC Lacks Basis for Denying Bitcoin ETF Conversion
    Bitcoin and Ethereum prices crash
    In a recent development, Grayscale Investments, a prominent crypto asset manager, has taken a firm stance against the U.S. Securities and Exchange Commission (SEC). The company has dispatched a letter to the SEC, asserting that the regulatory body possesses "no grounds" to decline its proposition to metamorphose the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF).
  • Nvidia's H100 Chip: The New Gold for US 'Scam' Companies?
    The logo of technology company Nvidia is seen at its headquarters in Santa Clara
    AI's Continued Surge AI remains a hot topic, with the H100 chip not only being coveted by major companies but also potentially becoming a speculative tool for some businesses.
  • NVIDIA's CEO Jensen Huang Meets India's Prime Minister: Bullish on India's AI Potential
    Jensen Huang, CEO of Nvidia, shows the Drive Pegasus robotaxi AI computer at his keynote address at CES in Las Vegas
    According to a tweet posted by Modi on the social platform "X," he had a "very pleasant meeting" with Huang. The two discussed the vast potential India offers in the field of artificial intelligence (AI). Modi emphasized India's immense potential in this domain, and Huang expressed his admiration for India's achievements in AI, particularly highlighting the talent of the country's younger generation.
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