Jonathan Wong

Jonathan Wong

The Latest

  • Pfizer, Moderna Shares Sink as Trump Officials Plan to Link Child Deaths to Covid Shots at CDC Meeting
    EXTRA PRECAUTION
    Shares of Pfizer and Moderna tumbled Friday after a Washington Post report said Trump administration health officials plan to present data linking Covid-19 vaccines to the deaths of 25 children at an upcoming meeting of a key federal vaccine advisory panel.
  • Warner Bros. Discovery Shares Surge Nearly 30% on Report of Paramount Skydance Takeover Bid
    Warner Bros. Discovery's Max Streaming Service Reaches 99.6M Subscribers, $86M Profit Amid Bundling Plans
    Warner Bros. Discovery shares soared Thursday after reports that Paramount Skydance, backed by Larry Ellison and his son David Ellison, is preparing a majority-cash offer to acquire the entire media conglomerate, including its movie studios, streaming assets, and cable television networks.
  • Meta and TikTok Win Court Challenge to EU Tech Fee, Forcing Regulators to Redraft Rules
    Meta
    Meta Platforms and TikTok secured a legal victory Wednesday against the European Union over how regulators calculated supervisory fees under the bloc's flagship Digital Services Act, in a ruling that forces Brussels to overhaul its methodology but stops short of refunding payments already made.
  • Nebius Stock Surges 40% After $17.4 Billion Microsoft AI Deal
    Nebius Stock Surges 40% After $17.4 Billion Microsoft AI Deal
    Nebius Group shares soared more than 40% Tuesday after the Amsterdam-based artificial intelligence infrastructure company unveiled a multi-year agreement with Microsoft valued at up to $19.4 billion. The deal highlights the intensifying demand for high-performance computing to power generative AI systems.
  • SpaceX Strikes $17 Billion Deal With EchoStar to Expand Starlink’s Direct-to-Cell Services
    ELON MUSK
    SpaceX has agreed to purchase wireless spectrum licenses from EchoStar in a $17 billion transaction, a deal that will give Elon Musk's company control over airwaves critical to scaling its Starlink direct-to-cell satellite service and intensifying competition with established U.S. carriers.
  • ConocoPhillips to Cut Up to 25% of Workforce, Shares Fall as Oil Sector Faces Pressure
    ConocoPhillips
    ConocoPhillips said it plans to lay off as much as a quarter of its global workforce, a move that could eliminate up to 3,250 jobs as the Houston-based oil giant seeks to rein in costs amid weakening earnings and declining crude prices.
  • Alphabet Stock Soars 7% as Judge Rejects DOJ Push to Break Up Google
    Google
    Alphabet shares jumped more than 7% Wednesday after a U.S. court rejected the Justice Department's push to break up Google, delivering a major relief to investors and preserving the company's ability to control key businesses such as Chrome and Android.
  • Macy’s Stock Jumps as Retailer Beats Estimates, Lifts Guidance Amid Tariff Pressures
    Macy's Reopening
    Macy's shares surged more than 10% Wednesday after the department-store chain posted stronger-than-expected fiscal second-quarter results and raised its full-year guidance, signaling traction in its turnaround plan despite tariff headwinds.
  • Disney to Pay $10 Million to Settle FTC Lawsuit Over Children’s Privacy Violations on YouTube
    DISNEY ON TOP
    The Walt Disney Company said Tuesday it will pay $10 million to settle allegations by the Federal Trade Commission that it mishandled children's privacy protections on YouTube, marking the first known case of a content provider-not the platform itself-facing FTC penalties over mislabeled videos.
  • Starbucks to Launch Protein Lattes and Cold Foam on National Coffee Day as Health Trend Gains Steam
    Starbucks to Launch Protein Lattes and Cold Foam on National Coffee Day as Health Trend Gains Steam
    Starbucks will roll out protein-packed lattes and cold foam nationwide on Sept. 29, aligning its menu with a growing U.S. appetite for high-protein foods and beverages. The launch, set to coincide with National Coffee Day, marks the chain's latest move under its "Back to Starbucks" turnaround strategy to modernize offerings and target health-conscious consumers.
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