Jonathan Wong
The Latest
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Riding the AI Wave: Silicon Valley Seizes the Lifeline Amid Market Slump
Last year, as the Federal Reserve began an aggressive cycle of rate hikes, Silicon Valley responded by initiating significant layoffs and reducing project numbers in order to cut costs. This turmoil saw the NASDAQ Composite Index plummet by around 30% and the U.S. primary market, dominated for years by tech start-ups, came to a standstill. This led many to believe that the U.S. tech sector might be facing a crisis similar to the 2000 internet bubble, and that a long-term slump might be inevitable. 
Last year, as the Federal Reserve began an aggressive cycle of rate hikes, Silicon Valley responded by initiating significant layoffs and reducing project numbers in order to cut costs. This turmoil saw the NASDAQ Composite Index plummet by around 30% and the U.S. primary market, dominated for years by tech start-ups, came to a standstill. This led many to believe that the U.S. tech sector might be facing a crisis similar to the 2000 internet bubble, and that a long-term slump might be inevitable. -
U.S. Aims to Restrict Chinese Companies From Using 'American Cloud', Experts Call it Extreme Suppression
According to a report by the Wall Street Journal on July 4, the Biden administration is preparing to restrict Chinese companies from using U.S. cloud computing services. 
According to a report by the Wall Street Journal on July 4, the Biden administration is preparing to restrict Chinese companies from using U.S. cloud computing services. -
Federal Reserve Research Predicts: Rate Cuts Might Not Surface Until 2026
Recent documents from the Federal Reserve suggest that interest rate cuts might be delayed until 2026. 
Recent documents from the Federal Reserve suggest that interest rate cuts might be delayed until 2026. -
U.S. Dollar Bulls Retreat as Federal Reserve's Interest Rate Hike Cycle Nears an End: Hedge Funds Unwind Bets
Hedge funds are swiftly unwinding their bullish bets on the U.S. dollar, as the Federal Reserve may soon end its current interest rate hike cycle. 
Hedge funds are swiftly unwinding their bullish bets on the U.S. dollar, as the Federal Reserve may soon end its current interest rate hike cycle. -
Virgin Galactic Marks First Commercial Space Flight, Yet Shares Take a Nosedive
Nearly two decades since its inception, the aviation company Virgin Galactic has reached a milestone with the launch of its long-awaited first commercial space flight. 
Nearly two decades since its inception, the aviation company Virgin Galactic has reached a milestone with the launch of its long-awaited first commercial space flight. -
Sweet No More? Sugar-Free Beverages Face Potential Carcinogen Concerns
Recent research suggests that acesulfame, a sweetener widely used in low-sugar and sugar-free food and drinks, could be a potential carcinogen, a development that could send ripples through the food industry. 
Recent research suggests that acesulfame, a sweetener widely used in low-sugar and sugar-free food and drinks, could be a potential carcinogen, a development that could send ripples through the food industry. -
Biden Takes on Sleep Apnea with CPAP Machine, Visible Facial Marks Evident
According to a report by Bloomberg, White House officials announced on the 28th that President Biden has recently started using a Continuous Positive Airway Pressure (CPAP) machine to treat his long-standing condition, sleep apnea. 
According to a report by Bloomberg, White House officials announced on the 28th that President Biden has recently started using a Continuous Positive Airway Pressure (CPAP) machine to treat his long-standing condition, sleep apnea. -
Fed Chair Powell Hints at Interest Rate Hikes in July and September
Federal Reserve Chairman Jerome Powell has once again indicated a commitment to increasing interest rates, citing the resilience of the U.S. economy. On Wednesday, he emphasized that more tightening policies will be forthcoming this year. Powell suggested that the Federal Reserve might hike interest rates in July and September to curb persistent price pressures and cool off an unexpectedly strong U.S. labor market. 
Federal Reserve Chairman Jerome Powell has once again indicated a commitment to increasing interest rates, citing the resilience of the U.S. economy. On Wednesday, he emphasized that more tightening policies will be forthcoming this year. Powell suggested that the Federal Reserve might hike interest rates in July and September to curb persistent price pressures and cool off an unexpectedly strong U.S. labor market. -
U.S. Real Estate Market's Soft Landing: Implications for the Federal Reserve's Next Move?
Current indicators suggest that the U.S. real estate market is headed for a soft landing ahead of the broader economy. The sector has shown signs of recovery since Q2, notably in new home construction and existing home sales. 
Current indicators suggest that the U.S. real estate market is headed for a soft landing ahead of the broader economy. The sector has shown signs of recovery since Q2, notably in new home construction and existing home sales. -
John B. Goodenough, Lithium-Ion Battery Pioneer and Nobel Laureate, Dies at 100
John B. Goodenough, a Nobel laureate and a pioneering figure in the development of lithium-ion batteries, died on Sunday, June 25, just one month shy of his 101st birthday. The American scientist was a leading figure in scientific research throughout his career, contributing significantly to advancements in energy storage technology. 
John B. Goodenough, a Nobel laureate and a pioneering figure in the development of lithium-ion batteries, died on Sunday, June 25, just one month shy of his 101st birthday. The American scientist was a leading figure in scientific research throughout his career, contributing significantly to advancements in energy storage technology.
