Jonathan Wong
The Latest
-
TSMC’s AI-Driven Forecast Lifts Global Chip Stocks and Powers Wall Street Rally
Semiconductor stocks led Wall Street higher Thursday after Taiwan Semiconductor Manufacturing Co. (TSMC) raised its annual revenue forecast and posted record quarterly profits, reinforcing investor confidence in the global artificial intelligence boom. The upbeat report from the world's largest contract chipmaker helped extend this week's technology rally and offset renewed concerns over U.S.-China trade frictions. 
Semiconductor stocks led Wall Street higher Thursday after Taiwan Semiconductor Manufacturing Co. (TSMC) raised its annual revenue forecast and posted record quarterly profits, reinforcing investor confidence in the global artificial intelligence boom. The upbeat report from the world's largest contract chipmaker helped extend this week's technology rally and offset renewed concerns over U.S.-China trade frictions. -
Apple Unveils New MacBook Pro, iPad Pro, and Vision Pro Powered by M5 Chip With Major AI Boost
Apple announced a sweeping refresh of its MacBook Pro, iPad Pro, and Vision Pro product lines Wednesday, debuting its new M5 chip that the company says delivers the fastest performance yet for its devices, with a heavy focus on artificial intelligence capabilities. 
Apple announced a sweeping refresh of its MacBook Pro, iPad Pro, and Vision Pro product lines Wednesday, debuting its new M5 chip that the company says delivers the fastest performance yet for its devices, with a heavy focus on artificial intelligence capabilities. -
Morgan Stanley Posts Record $18.2 Billion Revenue as Deal Activity, Trading Drive Biggest Profit Beat in Five Years
Morgan Stanley delivered a major upside surprise in the third quarter, posting record revenue and the largest profit beat since 2019, fueled by a resurgence in dealmaking, robust equities trading, and expanding wealth management operations. 
Morgan Stanley delivered a major upside surprise in the third quarter, posting record revenue and the largest profit beat since 2019, fueled by a resurgence in dealmaking, robust equities trading, and expanding wealth management operations. -
Walmart Partners With OpenAI to Launch AI Shopping Through ChatGPT
Walmart is partnering with OpenAI to let shoppers buy groceries and household items directly through ChatGPT, marking one of the largest retail integrations yet between artificial intelligence and e-commerce. The move positions Walmart at the forefront of what it calls "AI-first shopping," where conversational technology replaces traditional search and checkout systems. 
Walmart is partnering with OpenAI to let shoppers buy groceries and household items directly through ChatGPT, marking one of the largest retail integrations yet between artificial intelligence and e-commerce. The move positions Walmart at the forefront of what it calls "AI-first shopping," where conversational technology replaces traditional search and checkout systems. -
GM to Take $1.6 Billion Charge Amid Slowdown in EV Demand and End of U.S. Tax Credits
General Motors said Tuesday it will take a $1.6 billion charge in the third quarter as the company reassesses its electric vehicle strategy following the cancellation of federal tax incentives and a slowdown in EV demand. The automaker's disclosure marks one of the clearest signs yet that U.S. carmakers are recalibrating their electric ambitions amid shifting policy and market conditions. 
General Motors said Tuesday it will take a $1.6 billion charge in the third quarter as the company reassesses its electric vehicle strategy following the cancellation of federal tax incentives and a slowdown in EV demand. The automaker's disclosure marks one of the clearest signs yet that U.S. carmakers are recalibrating their electric ambitions amid shifting policy and market conditions. -
Google Unveils $15 Billion Plan to Build Massive AI Data Center Hub in India
Google said Tuesday it will invest $15 billion over the next five years to build an artificial intelligence data center in India's southern state of Andhra Pradesh, marking the U.S. technology giant's largest single investment in the country and its biggest AI infrastructure project outside the United States. 
Google said Tuesday it will invest $15 billion over the next five years to build an artificial intelligence data center in India's southern state of Andhra Pradesh, marking the U.S. technology giant's largest single investment in the country and its biggest AI infrastructure project outside the United States. -
PepsiCo Beats Earnings Forecast as International Sales Offset Weak North American Demand
PepsiCo Inc. posted stronger-than-expected third-quarter earnings Thursday, buoyed by solid international sales and improving beverage performance, even as the company continued to face declining volume in its North American snack and drink businesses. 
PepsiCo Inc. posted stronger-than-expected third-quarter earnings Thursday, buoyed by solid international sales and improving beverage performance, even as the company continued to face declining volume in its North American snack and drink businesses. -
NYSE Owner Intercontinental Exchange Takes $2 Billion Stake in Polymarket, Valuing Platform at $8 Billion
Intercontinental Exchange Inc., the parent company of the New York Stock Exchange, announced a $2 billion investment in Polymarket, a crypto-based prediction market platform, in a move that underscores Wall Street's growing interest in event-driven trading tied to real-world outcomes. The deal, disclosed Tuesday, values Polymarket at roughly $8 billion, according to both companies. 
Intercontinental Exchange Inc., the parent company of the New York Stock Exchange, announced a $2 billion investment in Polymarket, a crypto-based prediction market platform, in a move that underscores Wall Street's growing interest in event-driven trading tied to real-world outcomes. The deal, disclosed Tuesday, values Polymarket at roughly $8 billion, according to both companies. -
AMD Stock Soars More Than 30% as OpenAI Strikes Landmark GPU Partnership Worth Billions
Advanced Micro Devices shares surged more than 30% Monday after the company announced a sweeping, multi-year deal with OpenAI that could make the ChatGPT developer one of its largest shareholders and solidify AMD's foothold in the booming artificial intelligence hardware market. 
Advanced Micro Devices shares surged more than 30% Monday after the company announced a sweeping, multi-year deal with OpenAI that could make the ChatGPT developer one of its largest shareholders and solidify AMD's foothold in the booming artificial intelligence hardware market. -
Trump Blocked from Sending Troops to Oregon as Federal Judge Halts National Guard Deployment
President Donald Trump's plan to send National Guard troops to Oregon was halted Sunday night after a federal judge temporarily blocked the deployment, marking a rare judicial curb on presidential authority over military mobilization. 
President Donald Trump's plan to send National Guard troops to Oregon was halted Sunday night after a federal judge temporarily blocked the deployment, marking a rare judicial curb on presidential authority over military mobilization.
