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Tong's Portfolio
A tech war will be the end for this bull market
(May 27): Investors should probably brace for a protracted impasse on trade talks between the US and China. After the latest round of tariff hikes by both countries, China appears to have hardened its stance, with state media ramping up nationalistic rhet
May 27, 2019
Commentary
Hey Google, whatever happened to revenue growth?
SINGAPORE (May 20): In the aftermath of the global financial crisis in 2008, a bunch of US tech firms emerged as icons of growth in a slow-growing world. Investors bet on Apple, Amazon.com, Alphabet, Netflix, Facebook and Microsoft because they had one th
May 20, 2019
Data privacy
Amazon workers are listening to what you tell Alexa
SINGAPORE (Apr 15): Tens of millions of people use smart speakers and their voice software to play games, find music or trawl for trivia. Millions more are reluctant to invite the devices and their powerful microphones into their homes out of concern that
April 15, 2019
Tech
Facebook surges after sending upbeat message to Wall Street
SAN FRANCISCO (Apr 27): Facebook Inc.’s message for investors is clear: the business is healthy and growing.
April 27, 2018
Tech
3 reasons why tech is still in a secular uptrend
SINGAPORE (Apr 23): With FAANG (Facebook, Apple, Amazon, Netflix and Google) stocks retreating from their 2018 highs and tech valuations settling, how should global investors react?
April 23, 2018
Tech
Amazon bets on machine learning to beat Microsoft, Alphabet
(Nov 30): Amazon.com Inc. unveiled new machine-learning tools, including algorithms that automate decisions and speech recognition, seeking to solidify its dominant position over Microsoft Corp. and Alphabet Inc. in the fast-growing and profitable cloud-c
November 30, 2017
Tech
Have tech stocks surged too far too fast?
SINGAPORE (Oct 13): For much of this year, global investors have been enamoured with “growth”, chasing large-cap tech stocks, or FAANNG — social media giant Facebook, e-commerce behemoth Amazon.com, smartphone powerhouse Apple, video-streaming pione
October 13, 2017
Tech
How streaming changed the music industry
(July 24): Stephen Witt recalls downloading thousands of bootlegged songs onto his MP3 music player in his Chicago college dorm room 20 years ago. By the time he was working in a New York hedge fund, he had hoarded more than 150,000 songs — everything f
July 25, 2017
Tech
Apple is working with Hertz to manage its self-driving car fleet
SAN FRANCISCO (June 27): Apple Inc. is leasing a small fleet of cars from Hertz Global Holdings Inc. to test self-driving technology, an agreement that echoes a larger deal between competitors Alphabet Inc. and Avis Budget Group Inc. Hertz shares s
June 27, 2017
In print this week
Heavyweight stocks disrupted by new technologies, shifting consumer behaviour
SINGAPORE (June 17): New technologies and shifting consumer behaviour are destroying the reliable returns once offered by some widely owned heavyweight stocks.
June 17, 2017