Jonathan Wong
The Latest
-
Tesla Takes a 5% Plunge: Goldman Sachs is the Latest Wall Street Titan to Downgrade Ratings
Goldman Sachs has recently downgraded Tesla's stock rating from "Buy" to "Neutral", setting a target price at $248. This decision continued Tesla's downward trend from last week, as the stock fell by more than 5% on Monday, dipping to approximately $243. 
Goldman Sachs has recently downgraded Tesla's stock rating from "Buy" to "Neutral", setting a target price at $248. This decision continued Tesla's downward trend from last week, as the stock fell by more than 5% on Monday, dipping to approximately $243. -
Prominent Russian Oligarch Yevgeny Prigozhin Publicly Disputes Moscow's Justification for Ukraine Invasion
In a dramatic turn of events, a key Russian figure, Yevgeny Prigozhin, who leads the Wagner Group, has publicly criticized the Russian leadership's actions and justifications for the invasion of Ukraine. Prigozhin's incendiary remarks were made via a 30-minute video posted on his Telegram channel, challenging the Kremlin's narrative and exposing fissures within Russia's elite power structure. 
In a dramatic turn of events, a key Russian figure, Yevgeny Prigozhin, who leads the Wagner Group, has publicly criticized the Russian leadership's actions and justifications for the invasion of Ukraine. Prigozhin's incendiary remarks were made via a 30-minute video posted on his Telegram channel, challenging the Kremlin's narrative and exposing fissures within Russia's elite power structure. -
Silicon Valley Bank Bailout: Unveiling the List of Tech Titans Saved by FDIC
This includes Sequoia Capital, which held $1 billion at the bank, and KanZhun Ltd., the parent company of job search platforms Boss Zhipin and Kanzhun, with more than $900 million in the bank. 
This includes Sequoia Capital, which held $1 billion at the bank, and KanZhun Ltd., the parent company of job search platforms Boss Zhipin and Kanzhun, with more than $900 million in the bank. -
FTC Files Lawsuit Against Amazon Over Deceptive Prime Subscriptions and Difficult Cancellation Process
On Wednesday, June 21, the U.S. Federal Trade Commission (FTC) sued Amazon, accusing the e-commerce giant of deceiving customers into subscribing to its Prime service and deliberately making it difficult to cancel. 
On Wednesday, June 21, the U.S. Federal Trade Commission (FTC) sued Amazon, accusing the e-commerce giant of deceiving customers into subscribing to its Prime service and deliberately making it difficult to cancel. -
Report Unveils US Military's Extensive Anti-LGBTQ Bias: Over 29,000 Dishonorable Discharges
A fresh report has shed new light on the US military's ingrained discrimination against LGBTQ service members over the last few decades. The data indicates that more than 29,000 personnel, dismissed due to their sexual orientation, were unjustly denied honorable discharges. 
A fresh report has shed new light on the US military's ingrained discrimination against LGBTQ service members over the last few decades. The data indicates that more than 29,000 personnel, dismissed due to their sexual orientation, were unjustly denied honorable discharges. -
Biden Brands Xi Jinping as 'Dictator' Amid Rising US-China Tensions
President Joe Biden, in a sharp departure from his typical diplomatic language, labeled China's leader Xi Jinping as a "dictator" during a fundraising event in California this Tuesday. The president's potent remarks came hot on the heels of Secretary of State Anthony Blinken's official visit to Beijing. 
President Joe Biden, in a sharp departure from his typical diplomatic language, labeled China's leader Xi Jinping as a "dictator" during a fundraising event in California this Tuesday. The president's potent remarks came hot on the heels of Secretary of State Anthony Blinken's official visit to Beijing. -
Federal Reserve Holds Steady on Interest Rates, Predicts Slight Rise by Year End
In an announcement on Wednesday, the Federal Reserve confirmed that it will hold the line on interest rates, while its updated economic forecasts indicate a likely rise of half a percentage point by year-end. This adjustment comes in response to the U.S. economy's unexpected robustness and a slower than projected drop in inflation. 
In an announcement on Wednesday, the Federal Reserve confirmed that it will hold the line on interest rates, while its updated economic forecasts indicate a likely rise of half a percentage point by year-end. This adjustment comes in response to the U.S. economy's unexpected robustness and a slower than projected drop in inflation. -
Ex-President Trump Confronts Classified Document Allegations in Miami Federal Court
Former U.S. President Donald Trump is slated to appear before a federal court in Miami on Tuesday to respond to criminal charges that he illegally retained classified national security papers upon leaving office, and made false statements to authorities attempting to retrieve them. 
Former U.S. President Donald Trump is slated to appear before a federal court in Miami on Tuesday to respond to criminal charges that he illegally retained classified national security papers upon leaving office, and made false statements to authorities attempting to retrieve them. -
Biden Administration Targets Aviation Training Companies in US Export Control Overhaul
As part of a broad move to ensure national security, the Biden administration introduced 43 entities to its export control list on Monday. This decision includes Frontier Services Group Ltd, a security and aviation firm formerly led by Erik Prince, implicated in the training of Chinese military pilots. 
As part of a broad move to ensure national security, the Biden administration introduced 43 entities to its export control list on Monday. This decision includes Frontier Services Group Ltd, a security and aviation firm formerly led by Erik Prince, implicated in the training of Chinese military pilots. -
Melania Trump Resolute Amid Husband's Pending 38-Count Indictment: 'This is Nothing New'
In the midst of Donald Trump's mounting legal troubles, Melania Trump remains steadfast and undeterred. The former First Lady, mother to their 17-year-old son Barron, is resolute in her decision to support her husband as he faces 37 counts at an arraignment slated for Tuesday, June 13 in Miami, Florida. 
In the midst of Donald Trump's mounting legal troubles, Melania Trump remains steadfast and undeterred. The former First Lady, mother to their 17-year-old son Barron, is resolute in her decision to support her husband as he faces 37 counts at an arraignment slated for Tuesday, June 13 in Miami, Florida.
