Aarav Shen
Aarav Shen is an esteemed journalist with over 15 years of experience reporting on business, finance, and economics. With a rich background that spans from Southeast Asia to the heart of Wall Street, Aarav offers a piercing global perspective on market dynamics and economic policy. His work, recognized for its depth and clarity, has shaped international dialogue, making him a trusted voice in a complex industry. Currently based in Hong Kong, he distills intricate financial trends into compelling narratives for a worldwide audience.
Target Faces Backlash and Boycott Threats Over DEI Rollback
Target CEO Brian Cornell recently met with Rev. Al Sharpton in New York following criticism over the company’s decision to scale back its diversity,...
UnitedHealth Cuts Profit Forecast as Medicare Costs Surge, Sending Stock Plunging
UnitedHealth Group saw its stock drop 20% after it cut its annual profit outlook, citing a steep rise in medical costs tied to its...
IRS Loses Key Talent Amid Staffing Cuts, Jeopardizing High-Value Tax Investigations
Wesley Stanovsek was viewed as an ideal addition to the Internal Revenue Service when he joined in 2024. With Congress having recently approved $80...
American Express Sees Resilient Spending from Wealthy and Younger Cardholders
American Express reported continued strength in consumer spending during the first quarter of 2025, with a notable contribution from younger generations and its affluent...
Harvard Faces Major Financial Risk Amid Clash with Trump Administration
Harvard University is facing escalating political and financial pressure following its refusal to comply with a federal directive issued by the Trump administration. On...
Netflix Q1 2025 Results Impress, But Outlook Remains Cautious Amid Economic Uncertainty
Netflix reported impressive financial results for the first quarter of 2025, highlighting strong operational efficiency and steady revenue growth. The company posted an operating...
Netflix Q1 2025 Earnings Soar with Strong Revenue and Ad Growth
Netflix delivered a strong performance in the first quarter of 2025, posting earnings and revenue figures that exceeded market expectations. The company reported a...
Lyft Acquires Free Now for $199 Million to Expand into Europe
U.S. ride-hailing company Lyft revealed plans to acquire European taxi app Free Now for 175 million euros ($199 million) in a move that will...
Tech Stocks Tumble as Tariff Fears Hit Chipmakers and AI Growth
Technology stocks saw a sharp decline on Wednesday, led by a 7% drop in Nvidia shares, as mounting concerns over U.S. export restrictions and...
AMD Faces $800 Million Hit from U.S. Export Restrictions on AI Chips
Shares of Advanced Micro Devices fell over 7% on Wednesday following a regulatory filing revealing potential charges of up to $800 million due to...
Spotify Recovers After Major Outage as User Frustrations Surge
Spotify experienced a widespread service disruption on Wednesday morning, with around 50,000 users reporting issues through Downdetector. The outage began at approximately 6:20 a.m....
Temu Slashes U.S. Ad Spend Amid Tariffs as App Store Ranking Plummets
Temu, the Chinese online retailer known for its aggressive marketing and ultra-low prices, has drastically reduced its online advertising spend in the U.S., leading...
Heineken Raises Concerns Over Tariffs Despite Strong Revenue Growth
Heineken has shifted its outlook on U.S. tariffs, signaling rising concern over potential disruptions to its operations and future investments. Earlier this year, the...
U.S. Auto Inventory Shrinks as Tariff Concerns Fuel Surge in Vehicle Sales
Vehicle inventory levels in the U.S. are declining sharply as consumers rush to purchase cars and trucks ahead of potential price hikes caused by...
