Jonathan Wong
The Latest
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JetBlue Shares Soar After Carl Icahn Discloses Stake
JetBlue Airways saw its shares surge by over 15% following the revelation that corporate titan Carl Icahn had acquired a nearly 10% stake in the airline, branding it as undervalued. The disclosure of Icahn's significant investment has stirred the market, coming at a crucial juncture for JetBlue as it endeavors to navigate post-pandemic recovery and the fallout from a thwarted merger with Spirit Airlines. 
JetBlue Airways saw its shares surge by over 15% following the revelation that corporate titan Carl Icahn had acquired a nearly 10% stake in the airline, branding it as undervalued. The disclosure of Icahn's significant investment has stirred the market, coming at a crucial juncture for JetBlue as it endeavors to navigate post-pandemic recovery and the fallout from a thwarted merger with Spirit Airlines. -
Diamondback Energy's $26B Acquisition to Create a New Global Oil Giant Valued at over $50B
Diamondback Energy, an American shale oil and gas producer, has announced a colossal acquisition that could give birth to a new global oil behemoth. 
Diamondback Energy, an American shale oil and gas producer, has announced a colossal acquisition that could give birth to a new global oil behemoth. -
Jeff Bezos' Strategic Miami Move Nets Over $600 Million in Tax Savings
Jeff Bezos, the founder of Amazon and a pivotal figure in the global tech industry, has recently made headlines not just for his business acumen but for a strategic relocation that stands to save him over $600 million in taxes. 
Jeff Bezos, the founder of Amazon and a pivotal figure in the global tech industry, has recently made headlines not just for his business acumen but for a strategic relocation that stands to save him over $600 million in taxes. -
Arm Holdings Soars as AI Demand Fuels Investor Optimism
Arm Holdings witnessed a significant surge in its stock value, climbing more than 29% on Monday. This extension of an impressive rally comes in the wake of the chipmaker's third-quarter earnings announcement on February 8, which far exceeded market expectations, propelling the stock to soar over 90% since the financial disclosure. 
Arm Holdings witnessed a significant surge in its stock value, climbing more than 29% on Monday. This extension of an impressive rally comes in the wake of the chipmaker's third-quarter earnings announcement on February 8, which far exceeded market expectations, propelling the stock to soar over 90% since the financial disclosure. -
Tesla Responds to Sluggish EV Demand with Strategic Price Cuts
Tesla Inc. (TSLA) has implemented a fresh series of price cuts across its Model Y lineup in the United States. 
Tesla Inc. (TSLA) has implemented a fresh series of price cuts across its Model Y lineup in the United States. -
OpenAI CEO Sam Altman's Bold $7 Trillion Bet to Overhaul the Global AI Chip Market
OpenAI's CEO, Sam Altman, is setting his sights on an ambitious goal that could potentially revolutionize the semiconductor industry and accelerate the advancement of artificial intelligence (AI) technology globally. Altman is reportedly seeking to raise an unprecedented amount of funding, estimated between $5 trillion and $7 trillion, to dramatically increase the production of high-powered computer chips essential for AI development. 
OpenAI's CEO, Sam Altman, is setting his sights on an ambitious goal that could potentially revolutionize the semiconductor industry and accelerate the advancement of artificial intelligence (AI) technology globally. Altman is reportedly seeking to raise an unprecedented amount of funding, estimated between $5 trillion and $7 trillion, to dramatically increase the production of high-powered computer chips essential for AI development. -
Expedia's Leadership Shake-Up and Stock Slide Amid Travel Booking Concerns
Expedia Group Inc. (EXPE) announced a significant leadership transition, with Ariane Gorin, the President of Expedia for Business, set to succeed Peter Kern as CEO effective May 13. 
Expedia Group Inc. (EXPE) announced a significant leadership transition, with Ariane Gorin, the President of Expedia for Business, set to succeed Peter Kern as CEO effective May 13. -
America's Largest Banks Cut Overdraft Revenue by $700 Million in Consumer-Friendly Shift
America's largest retail banks, including JPMorgan Chase, Wells Fargo, and Bank of America, have reported a collective decrease in overdraft fee revenues by 25% last year, summing up to $2.2 billion. 
America's largest retail banks, including JPMorgan Chase, Wells Fargo, and Bank of America, have reported a collective decrease in overdraft fee revenues by 25% last year, summing up to $2.2 billion. -
Snoop Dogg Accuses Walmart of Undermining Cereal Brand
In a legal battle that pits prominent rapper Snoop Dogg, Calvin Broadus, and his co-founder Percy "Master P" Miller against retail giant Walmart and Post Consumer Brands, allegations have surfaced accusing the companies of deliberately undermining the success of their cereal brand, Snoop Cereal. 
In a legal battle that pits prominent rapper Snoop Dogg, Calvin Broadus, and his co-founder Percy "Master P" Miller against retail giant Walmart and Post Consumer Brands, allegations have surfaced accusing the companies of deliberately undermining the success of their cereal brand, Snoop Cereal. -
Snap's Stock Plummets Amid Revenue Miss and Dismal Outlook
Snap Inc. experienced a precipitous drop in its stock value, plummeting 35% in Wednesday morning trading following the release of its fiscal fourth-quarter earnings report. The social media company not only missed revenue expectations but also provided a less-than-optimistic financial outlook, exacerbating investor concerns over the company's recovery pace from a challenging advertising market in 2022. 
Snap Inc. experienced a precipitous drop in its stock value, plummeting 35% in Wednesday morning trading following the release of its fiscal fourth-quarter earnings report. The social media company not only missed revenue expectations but also provided a less-than-optimistic financial outlook, exacerbating investor concerns over the company's recovery pace from a challenging advertising market in 2022.
