Jonathan Wong
The Latest
-
Instacart's Bold Leap: Aiming for a $77 Billion Valuation in U.S. IPO
In a move that underscores the surging demand for online grocery delivery, Instacart, the San Francisco-based grocery delivery app, is setting its sights high. The company is aiming for a valuation of up to $77 billion as it prepares for its U.S. initial public offering (IPO), according to recent reports. 
In a move that underscores the surging demand for online grocery delivery, Instacart, the San Francisco-based grocery delivery app, is setting its sights high. The company is aiming for a valuation of up to $77 billion as it prepares for its U.S. initial public offering (IPO), according to recent reports. -
ARM's Blockbuster IPO: A Tempting Venture or a Risky Gamble for Retail Investors?
In the ever-evolving world of technology, ARM Holdings, the renowned semiconductor and software design company, is making headlines with its much-anticipated initial public offering (IPO). However, as the buzz around this blockbuster IPO grows, so do concerns about its potential risks, especially for retail investors. 
In the ever-evolving world of technology, ARM Holdings, the renowned semiconductor and software design company, is making headlines with its much-anticipated initial public offering (IPO). However, as the buzz around this blockbuster IPO grows, so do concerns about its potential risks, especially for retail investors. -
ARM's IPO Oversubscribed Despite Valuation Concerns: Demand May Exceed Supply by Over Five Times
On Friday, September 8, media sources citing bankers involved in ARM's roadshow reported that the U.S. IPO for ARM, the British chip design company, might see oversubscription by more than five times. The company anticipates that the AI boom will drive its revenue growth in the coming years. On Friday, September 8, media sources citing bankers involved in ARM's roadshow reported that the U.S. IPO for ARM, the British chip design company, might see oversubscription by more than five times. The company anticipates that the AI boom will drive its revenue growth in the coming years. -
NVIDIA Boosts AI Ambitions: Partners with Two Indian Titans for Supercomputing, Large Models, and Applications
NVIDIA, beyond solidifying its position as a "supplier" in the tech world, is also bolstering its support for the "miners" of the digital age. Recent news reveals that NVIDIA is intensifying its focus on artificial intelligence (AI) by partnering with two major Indian corporations. 
NVIDIA, beyond solidifying its position as a "supplier" in the tech world, is also bolstering its support for the "miners" of the digital age. Recent news reveals that NVIDIA is intensifying its focus on artificial intelligence (AI) by partnering with two major Indian corporations. -
Dollar Dominance: Euro Slumps for Eight Weeks Amid U.S.-Europe Economic Divergence
The U.S. dollar is making a powerful comeback, and its upward trajectory may continue for an extended period. 
The U.S. dollar is making a powerful comeback, and its upward trajectory may continue for an extended period. -
Apple's iPhone 15 Series: A Glimpse into the Future of Smartphone Design
Apple, the tech behemoth, is once again on the cusp of unveiling its latest iPhone series, and the rumor mill is buzzing with anticipation. As the company prepares for its "Wonderlust" event on September 12, leaked dummy models of the iPhone 15 and iPhone 15 Pro have surfaced, offering a tantalizing preview of what's to come. 
Apple, the tech behemoth, is once again on the cusp of unveiling its latest iPhone series, and the rumor mill is buzzing with anticipation. As the company prepares for its "Wonderlust" event on September 12, leaked dummy models of the iPhone 15 and iPhone 15 Pro have surfaced, offering a tantalizing preview of what's to come. -
Apple's Market Value Plummets by $190 Billion in Rare Two-Day Drop
In an unusual turn of events, Apple's stock price fell by over 5% during Thursday's trading session, breaking below its 100-day moving average. Over two consecutive days, the tech giant faced a sell-off from investors, resulting in a cumulative decline of over 6% and evaporating $190 billion from its market value. 
In an unusual turn of events, Apple's stock price fell by over 5% during Thursday's trading session, breaking below its 100-day moving average. Over two consecutive days, the tech giant faced a sell-off from investors, resulting in a cumulative decline of over 6% and evaporating $190 billion from its market value. -
Tesla's Cybertruck Delivery Delayed Again: What's Holding It Back?
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. 
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
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. 
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
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." 
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."
