Jonathan Wong
The Latest
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Meta's Stock Jumps 20% with Surprising Dividend Announcement
Meta Platforms Inc., the parent company of Facebook, experienced a significant surge in its stock value following a triumphant fourth-quarter earnings report that exceeded Wall Street expectations. 
Meta Platforms Inc., the parent company of Facebook, experienced a significant surge in its stock value following a triumphant fourth-quarter earnings report that exceeded Wall Street expectations. -
Amazon Surpasses Forecasts with 14% Revenue Increase and AI Expansion
Amazon reported a stellar end to its fiscal year, surpassing Wall Street's forecasts with a 14% jump in revenue, reflecting robust performance across its cloud and e-commerce divisions, further buoyed by innovative generative AI features. The company's shares experienced an 8% surge in after-hours trading as the tech giant laid out an optimistic outlook for the forthcoming quarter. 
Amazon reported a stellar end to its fiscal year, surpassing Wall Street's forecasts with a 14% jump in revenue, reflecting robust performance across its cloud and e-commerce divisions, further buoyed by innovative generative AI features. The company's shares experienced an 8% surge in after-hours trading as the tech giant laid out an optimistic outlook for the forthcoming quarter. -
Apple Reports Strong Earnings Amidst China Sales Slump and iPhone Sales Stagnation
Apple Inc. provided a detailed account of its fiscal first-quarter performance. While the tech giant exceeded Wall Street's expectations with earnings per share of $2.18 against the anticipated $2.10 and reported revenue of $119.58 billion surpassing the forecast of $117.91 billion, the announcement was marred by a significant 13% decline in sales in China. 
Apple Inc. provided a detailed account of its fiscal first-quarter performance. While the tech giant exceeded Wall Street's expectations with earnings per share of $2.18 against the anticipated $2.10 and reported revenue of $119.58 billion surpassing the forecast of $117.91 billion, the announcement was marred by a significant 13% decline in sales in China. -
Peloton Shares Tumble Amid Gloomy Financial Forecast
Peloton Interactive Inc. encountered a significant market setback as its shares plummeted roughly 23% following the company's cautionary guidance about its financial path forward. 
Peloton Interactive Inc. encountered a significant market setback as its shares plummeted roughly 23% following the company's cautionary guidance about its financial path forward. -
Volvo's Shares Soar Over 25% as Company Plans Polestar Share Redistribution
Volvo Cars has announced it will cease funding for its subsidiary Polestar Automotive, with plans to potentially transfer its shareholding to Geely Holding, Volvo's majority shareholder. 
Volvo Cars has announced it will cease funding for its subsidiary Polestar Automotive, with plans to potentially transfer its shareholding to Geely Holding, Volvo's majority shareholder. -
Tesla to Vote on Texas Move in Wake of Musk's Pay Package Ruling
Elon Musk has announced plans to seek shareholder approval for relocating Tesla's state of incorporation from Delaware to Texas. 
Elon Musk has announced plans to seek shareholder approval for relocating Tesla's state of incorporation from Delaware to Texas. -
Walmart Unveils Plan for 150 New Supercenters in U.S. Expansion Drive
Walmart, the behemoth of the retail sector, has unveiled ambitious plans to significantly expand its presence across the United States, with proposals to inaugurate or transform more than 150 large-format stores within the next five years. This expansion strategy signals a robust commitment to physical retail in an era increasingly dominated by e-commerce competitors. 
Walmart, the behemoth of the retail sector, has unveiled ambitious plans to significantly expand its presence across the United States, with proposals to inaugurate or transform more than 150 large-format stores within the next five years. This expansion strategy signals a robust commitment to physical retail in an era increasingly dominated by e-commerce competitors. -
Delaware Court Nullifies Musk's $55 Billion Tesla Compensation
Delaware's Chancellor Kathaleen St. Jude McCormick has declared that Elon Musk is not entitled to retain the potentially $55 billion compensation package previously awarded by Tesla's board. 
Delaware's Chancellor Kathaleen St. Jude McCormick has declared that Elon Musk is not entitled to retain the potentially $55 billion compensation package previously awarded by Tesla's board. -
2023 Tax Season: Understanding the Impact of Resumed Student Loan Repayments
U.S. government's decision to resume federal student loan payments has significant implications for millions of American borrowers as the 2023 tax season unfolds. 
U.S. government's decision to resume federal student loan payments has significant implications for millions of American borrowers as the 2023 tax season unfolds. -
Half of U.S. Renters Overburdened by Costs Despite Easing Rent Hikes
Recent findings reveal that half of U.S. renters are ensnared in a financial squeeze, dedicating more than a sustainable portion of their income to keep a roof over their heads. 
Recent findings reveal that half of U.S. renters are ensnared in a financial squeeze, dedicating more than a sustainable portion of their income to keep a roof over their heads.
