Jonathan Wong

Jonathan Wong

The Latest

  • Fed Hikes Interest Rates by 25 Basis Points, Leaves Door Open for Future Action
    Federal Reserve
    The Federal Reserve, in line with market expectations, reinstated its slow interest rate hikes in July after skipping June, creating suspense about the future trajectory of interest rate adjustments.
  • Microsoft Charging Towards a $3 Trillion Empire: AI on the Rise Despite Unexciting Earnings
    ADDED EDGE
    As the overwhelming popularity of ChatGPT brings its parent company OpenAI to the forefront, Microsoft, a significant shareholder in OpenAI, is once again returning to the limelight.
  • Microsoft Amplifies AI Investment with New Data Centers, Pushing Costs Higher
    DEMAND UP
    Microsoft, known as a standard bearer for AI, is ramping up its commitment to the technology, its latest financial report indicates.
  • TikTok Dives into E-commerce: An Attempt to Replicate Success of Shein and Temu in the U.S.
    ORACLE DEAL
    The ultimate goal for short-video platforms seems to be e-commerce. Observing the popularity of Shein and Temu in the United States, TikTok is set to launch its own e-commerce business.
  • Fed's Gaze on ECI: Crucial Wage Indicator Steers Market Trends This Week
    Federal Reserve
    The Federal Reserve is about to embark on a two-day interest rate meeting, with a 25 basis point hike anticipated by the market on Thursday. However, whether this will be the last increase hinges on the inflation trend moving forward.
  • H&M Targets Shein in Latest Legal Battle Over Copyright and Trademark Infringements
    H&M
    The cross-border e-commerce platform Shein is once again in the limelight due to a lawsuit.
  • Apple Puts In-House AI to Work: Aiming for Service Design and Customer Assistance
    U.S. House Members Introduce Bill Targeting Apple And Google App Stores
    Despite not having plans for a consumer release, Apple has reportedly begun leveraging its own generative artificial intelligence (AI) model, internally known as Apple GPT, similar to OpenAI's ChatGPT.
  • Germany to Deploy $22bn Chip Production Subsidy: Intel and TSMC Primed to Capture 75% of the Funds
    NO GREEN LIGHT
    On July 24, the German government announced plans to allocate €20 billion (approximately $22 billion) to bolster the nation's semiconductor industry, in a bid to boost the technology sector and secure the supply of essential components, according to media reports.
  • Will the Bank of Japan Make Its Move this Week? Despite Market Skepticism, UBS Believes it Will!
    Glum
    The Bank of Japan is set to release its quarterly economic report and policy statement this week. Ahead of this pivotal interest rate decision, the market is embroiled in fierce speculation over whether the Bank of Japan will launch another surprise move.
  • WorldCoin Launches Globally: A Crypto Project Aimed at AI-Human Differentiation Sees 90% Surge on Day One
    OpenAI co-founder Sam Altman
    OpenAI co-founder Sam Altman's long-awaited project WorldCoin, a Web3 crypto initiative, has officially launched. Conceived three years ago, it is touted as a potential identity solution for the AI era.
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