Jonathan Wong
The Latest
-
SanDisk Shares Jump Over 20% as Investors Bet on AI’s Data-Storage Bottleneck
A sharp rally in SanDisk shares is forcing investors to reassess one of the least glamorous but most critical choke points in the artificial-intelligence boom: data storage. The stock surged more than 20% in a single session, extending a run that has turned the company into one of the market's standout infrastructure plays rather than a speculative technology trade. 
A sharp rally in SanDisk shares is forcing investors to reassess one of the least glamorous but most critical choke points in the artificial-intelligence boom: data storage. The stock surged more than 20% in a single session, extending a run that has turned the company into one of the market's standout infrastructure plays rather than a speculative technology trade. -
BYD Overtakes Tesla With 2.26 Million EV Sales as Musk Faces Second Straight Annual Decline
China's BYD has overtaken Tesla to become the world's largest seller of electric vehicles, marking a symbolic and commercial turning point in the global auto industry as competition intensifies and growth slows across major markets. The milestone comes after BYD reported global sales of 2.26 million battery-electric vehicles in 2025, while Tesla said it delivered about 1.64 million vehicles during the same period, its second consecutive annual decline. 
China's BYD has overtaken Tesla to become the world's largest seller of electric vehicles, marking a symbolic and commercial turning point in the global auto industry as competition intensifies and growth slows across major markets. The milestone comes after BYD reported global sales of 2.26 million battery-electric vehicles in 2025, while Tesla said it delivered about 1.64 million vehicles during the same period, its second consecutive annual decline. -
Meta Acquires AI Startup Manus in Deal Valued Near $500 Million as Race for Autonomous Agents Intensifies
Meta Platforms has agreed to acquire Manus, a fast-growing artificial-intelligence startup known for building autonomous digital agents, in a deal valued by recent investors at about $500 million, according to people familiar with the matter, underscoring Silicon Valley's intensifying race to control the next generation of AI systems. 
Meta Platforms has agreed to acquire Manus, a fast-growing artificial-intelligence startup known for building autonomous digital agents, in a deal valued by recent investors at about $500 million, according to people familiar with the matter, underscoring Silicon Valley's intensifying race to control the next generation of AI systems. -
EU Fines Elon Musk’s X €120 Million Over Blue Check Practices in First Major Digital Services Act Enforcement
The European Union has imposed a €120 million fine on Elon Musk's social-media platform X, marking the first major enforcement action under the bloc's Digital Services Act and escalating tensions between Brussels and U.S. technology firms. The penalty follows a two-year investigation into the platform's redesign of its blue check verification system and its handling of advertising transparency and data access for researchers. 
The European Union has imposed a €120 million fine on Elon Musk's social-media platform X, marking the first major enforcement action under the bloc's Digital Services Act and escalating tensions between Brussels and U.S. technology firms. The penalty follows a two-year investigation into the platform's redesign of its blue check verification system and its handling of advertising transparency and data access for researchers. -
Amazon Blocks 1,800 Suspected North Korean Job Applications as Remote Hiring Becomes Security Battleground
Amazon has blocked more than 1,800 job applications linked to suspected North Korean operatives since April 2024, warning that routine corporate hiring pipelines are being exploited as covert revenue channels for Pyongyang's weapons programs, according to the company's chief security executive. 
Amazon has blocked more than 1,800 job applications linked to suspected North Korean operatives since April 2024, warning that routine corporate hiring pipelines are being exploited as covert revenue channels for Pyongyang's weapons programs, according to the company's chief security executive. -
Southwest Ends Flexible Seating Rule, Requiring Some Passengers to Buy Two Tickets
A policy shift at Southwest Airlines is set to reshape how plus-size passengers book flights, ending a long-standing approach that had distinguished the carrier from much of the U.S. airline industry and igniting criticism from advocates who say the change effectively forces some travelers to pay double. 
A policy shift at Southwest Airlines is set to reshape how plus-size passengers book flights, ending a long-standing approach that had distinguished the carrier from much of the U.S. airline industry and igniting criticism from advocates who say the change effectively forces some travelers to pay double. -
Tesla Crashes Kill 3 in Four Days as 2025 Recalls Near 500,000 Vehicles
A series of fatal Tesla crashes spanning two continents over four days has intensified scrutiny of the electric-vehicle maker at the close of a year marked by sweeping recalls and expanding legal exposure. The incidents-one in southern England and another in Northern California-left three people dead and several others critically injured, as investigators on both sides of the Atlantic examine speed, weather and the possible role of driver-assistance technology. 
A series of fatal Tesla crashes spanning two continents over four days has intensified scrutiny of the electric-vehicle maker at the close of a year marked by sweeping recalls and expanding legal exposure. The incidents-one in southern England and another in Northern California-left three people dead and several others critically injured, as investigators on both sides of the Atlantic examine speed, weather and the possible role of driver-assistance technology. -
ByteDance Finalizes TikTok U.S. Deal With Oracle-Led Group as Forced Sale Deadline Nears
ByteDance has finalized a sweeping agreement to keep TikTok operating in the United States, striking a deal with Oracle, Silver Lake and Abu Dhabi-based investment firm MGX as the threat of a forced sale or nationwide ban reached a critical point, according to an internal company note reviewed by Axios. 
ByteDance has finalized a sweeping agreement to keep TikTok operating in the United States, striking a deal with Oracle, Silver Lake and Abu Dhabi-based investment firm MGX as the threat of a forced sale or nationwide ban reached a critical point, according to an internal company note reviewed by Axios. -
Nissan’s $4.5 Billion Loss and Failed Honda Deal Raise Risks of Higher U.S. Car Prices
The collapse of merger talks between Honda Motor Co. and Nissan Motor Co. has left Nissan facing an accelerating financial crisis that industry executives warn could ripple quickly into the U.S. car market, pushing up prices and narrowing consumer choice as Chinese electric-vehicle makers expand their global reach. 
The collapse of merger talks between Honda Motor Co. and Nissan Motor Co. has left Nissan facing an accelerating financial crisis that industry executives warn could ripple quickly into the U.S. car market, pushing up prices and narrowing consumer choice as Chinese electric-vehicle makers expand their global reach. -
Medline Shares Jump 30% After $6.26 Billion IPO, Capping Strongest New-Issue Year Since 2021
Shares of medical-supplies manufacturer Medline Industries surged more than 30% in their Nasdaq debut Wednesday, delivering the largest initial public offering of 2025 and reinforcing renewed optimism about the U.S. IPO market heading into 2026. The stock opened at $35, up from its $29 offering price, giving the company a market capitalization of at least $37 billion based on shares outstanding disclosed in regulatory filings. 
Shares of medical-supplies manufacturer Medline Industries surged more than 30% in their Nasdaq debut Wednesday, delivering the largest initial public offering of 2025 and reinforcing renewed optimism about the U.S. IPO market heading into 2026. The stock opened at $35, up from its $29 offering price, giving the company a market capitalization of at least $37 billion based on shares outstanding disclosed in regulatory filings.
