Jonathan Wong
The Latest
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Intel Stock Dips as Trump Demands CEO Lip-Bu Tan Resign Over China Ties
Intel shares declined Thursday after President Donald Trump publicly called for the immediate resignation of CEO Lip-Bu Tan, citing what he described as deep conflicts of interest tied to Chinese entities. The remarks intensified political scrutiny surrounding the semiconductor giant's leadership at a time when U.S. chip policy remains central to national security debates. 
Intel shares declined Thursday after President Donald Trump publicly called for the immediate resignation of CEO Lip-Bu Tan, citing what he described as deep conflicts of interest tied to Chinese entities. The remarks intensified political scrutiny surrounding the semiconductor giant's leadership at a time when U.S. chip policy remains central to national security debates. -
Apple Commits $100 Billion More to U.S. Expansion as Trump Presses for Domestic Manufacturing
Apple will commit an additional $100 billion to expand its U.S. operations, President Donald Trump is set to announce Wednesday alongside CEO Tim Cook at an Oval Office event, marking a major escalation in the administration's campaign to reshore key elements of the tech giant's global supply chain. 
Apple will commit an additional $100 billion to expand its U.S. operations, President Donald Trump is set to announce Wednesday alongside CEO Tim Cook at an Oval Office event, marking a major escalation in the administration's campaign to reshore key elements of the tech giant's global supply chain. -
Uber Q2 Revenue Tops Estimates, Approves $20 Billion Buyback as Trips, Bookings Hit Record Highs
Uber Technologies Inc. posted strong second-quarter results on Wednesday, exceeding revenue expectations and authorizing a $20 billion stock buyback as global demand for mobility and delivery services remained robust. Gross bookings rose 17% year-over-year to $46.8 billion, while the number of trips surged 18% to a record 3.3 billion. 
Uber Technologies Inc. posted strong second-quarter results on Wednesday, exceeding revenue expectations and authorizing a $20 billion stock buyback as global demand for mobility and delivery services remained robust. Gross bookings rose 17% year-over-year to $46.8 billion, while the number of trips surged 18% to a record 3.3 billion. -
AMD Stock Drops After Q2 EPS Miss, China AI Chip Ban Clouds Outlook Despite Revenue Growth
Shares of Advanced Micro Devices fell more than 9% on Wednesday after the chipmaker missed earnings expectations for the second quarter and offered limited clarity on when it will resume shipments of artificial intelligence chips to China, which have been impacted by U.S. export restrictions. 
Shares of Advanced Micro Devices fell more than 9% on Wednesday after the chipmaker missed earnings expectations for the second quarter and offered limited clarity on when it will resume shipments of artificial intelligence chips to China, which have been impacted by U.S. export restrictions. -
Affordable Meal Promos Lift McDonald’s to $6.8 Billion in Q2 Revenue, Beating Expectations
McDonald's Corp. reported stronger-than-expected global sales for the second quarter, driven by aggressive value meal promotions and its largest-ever marketing campaign tied to the release of "The Minecraft Movie." The fast-food giant posted a 3.8% rise in global comparable sales, surpassing Wall Street's 2.4% estimate, according to LSEG data, while total revenue increased 5% year-over-year to $6.8 billion. 
McDonald's Corp. reported stronger-than-expected global sales for the second quarter, driven by aggressive value meal promotions and its largest-ever marketing campaign tied to the release of "The Minecraft Movie." The fast-food giant posted a 3.8% rise in global comparable sales, surpassing Wall Street's 2.4% estimate, according to LSEG data, while total revenue increased 5% year-over-year to $6.8 billion. -
Palantir Surpasses $1 Billion in Quarterly Sales, Lifts Forecast on Soaring AI and Government Demand
Palantir Technologies Inc. posted its strongest quarter to date, crossing $1 billion in revenue for the first time and boosting its full-year outlook, as surging demand for artificial intelligence applications and government efficiency projects under President Donald Trump fueled growth across its U.S. operations. 
Palantir Technologies Inc. posted its strongest quarter to date, crossing $1 billion in revenue for the first time and boosting its full-year outlook, as surging demand for artificial intelligence applications and government efficiency projects under President Donald Trump fueled growth across its U.S. operations. -
Tesla Grants Elon Musk $29 Billion Stock Package Despite Court-Blocked $56 Billion Plan
Tesla has awarded CEO Elon Musk a new stock compensation package worth approximately $29 billion, just months after a Delaware court invalidated a previous $56 billion deal that was the largest in corporate history. 
Tesla has awarded CEO Elon Musk a new stock compensation package worth approximately $29 billion, just months after a Delaware court invalidated a previous $56 billion deal that was the largest in corporate history. -
Over 3,200 Boeing Fighter Jet Workers Strike, Rejecting 40% Wage Boost Offer
More than 3,200 Boeing defense workers began a strike early Monday after rejecting a revised four-year contract offer that the company said included average wage increases of 40%, a $5,000 ratification bonus, and other benefits. 
More than 3,200 Boeing defense workers began a strike early Monday after rejecting a revised four-year contract offer that the company said included average wage increases of 40%, a $5,000 ratification bonus, and other benefits. -
Figma Stock Soars 250% in IPO, Closing at $115.50 With $68 Billion Valuation
Figma Inc. surged more than 250% on its first day of trading Thursday, marking one of the most explosive public debuts in recent memory and fueling optimism that the technology IPO market is firmly rebounding in 2025. 
Figma Inc. surged more than 250% on its first day of trading Thursday, marking one of the most explosive public debuts in recent memory and fueling optimism that the technology IPO market is firmly rebounding in 2025. -
HSBC Profit Drops 26% as China Losses Mount, Bank Unveils $3 Billion Buyback
HSBC Holdings reported a 26% decline in first-half pretax profit, as mounting losses tied to China's Bank of Communications and Hong Kong's commercial real estate sector weighed on earnings. The London-based lender also warned that President Donald Trump's trade tariffs could threaten future profitability targets. 
HSBC Holdings reported a 26% decline in first-half pretax profit, as mounting losses tied to China's Bank of Communications and Hong Kong's commercial real estate sector weighed on earnings. The London-based lender also warned that President Donald Trump's trade tariffs could threaten future profitability targets.
