No-fee trading has arrived for crypto. Here’s what that may mean for revenue at these companies

No-fee trading has arrived for crypto.  Here’s what that may mean for revenue at these companies

Zero-fee trading has come to the world of bitcoin, raising questions over how fee compression may affect revenues for crypto trading platforms. Last week, the US arm of the crypto exchange Binance, which had some of the lowest trading fees around, dropped fees for spot bitcoin trading. Shares of Coinbase, one of its main competitors … Read more

Quarter-end buying may lift stocks higher before the next market storm

Quarter-end buying may lift stocks higher before the next market storm

Trader on the floor of the NYSE, June 7, 2022. Source: NYSE The stock market is about to close out its worst first half in decades in the week ahead, setting the stage for a summer of uncertainty and volatility. But in the very near term, strategists see a window of positive momentum for an … Read more

Still very hot, despite isolated layoffs

Still very hot, despite isolated layoffs

A ‘We’re Hiring!’ sign is displayed at a Starbucks Mario Tama | Getty Images News | Getty Images Last week, senior product manager for Coinbase David Hong wrote on LinkedIn that he was up at 4am to prepare for a meeting when his company MacBook abruptly shut down. He later found out he was part … Read more

Disney, Apple and Amazon keep waiting as NFL considers Sunday Ticket offers

Disney, Apple and Amazon keep waiting as NFL considers Sunday Ticket offers

DK Metcalf, of the Seattle Seahawks, during a Meet & Greet with DIRECTV NFL SUNDAY TICKET subscribers at the DIRECTV NFL SUNDAY TICKET Lounge on Saturday Feb. 1, 2020, in Miami, FL. Facebook Facebook logo Sign up for Facebook to connect with Peter Barreras AP Disney, Apple and Amazon have all submitted bids to become … Read more

Can media companies survive a recession? Executives say yes

Can media companies survive a recession?  Executives say yes

Delegates wait in line at Cannes Lions International Festival of Creativity, Cannes, France, June 2019 Cannes Lions While media executives are meeting with advertising leaders this week over glasses of rose at the annual Cannes Lions International Festival of Creativity, they can’t help but talk about the disconnect between hanging out with celebrities on yachts … Read more

Can media companies survive a recession? Executives say yes

Can media companies survive a recession?  Executives say yes

Delegates wait in line at Cannes Lions International Festival of Creativity, Cannes, France, June 2019 Cannes Lions While media executives are meeting with advertising leaders this week over glasses of rose at the annual Cannes Lions International Festival of Creativity, they can’t help but talk about the disconnect between hanging out with celebrities on yachts … Read more

Why the retail industry is facing a bankruptcy wave

Why the retail industry is facing a bankruptcy wave

Revlon makeup products are displayed at a CVS store on August 9, 2018 in Sausalito, California. Facebook Facebook logo Sign up for Facebook to connect with Justin Sullivan Getty Images The retail industry is up against a potential wave of bankruptcies following a monthslong slowdown in restructuring activity. There could be an increase in distressed … Read more

Russia’s ruble is at strongest level in 7 years despite sanctions

Russia’s ruble is at strongest level in 7 years despite sanctions

Russian one ruble coin and Russian flag displayed on a screen are seen in this multiple exposure illustration photo taken in Krakow, Poland on March 8, 2022. Facebook Facebook logo Sign up for Facebook to connect with Jakub Porzycki Nurphoto | Getty Images Russia’s ruble hit 52.3 to the dollar on Wednesday, an increase of … Read more

Mark Zuckerberg envisions 1 billion people in the metaverse

Mark Zuckerberg envisions 1 billion people in the metaverse

Meta Platforms CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the metaverse could be a considerable part of the social-network operator’s business in the second half of the decade. “We hope to basically get to around a billion people in the metaverse doing hundreds of dollars of commerce, each buying digital goods, digital … Read more

Mark Zuckerberg shows early metaverse headsets Mirror Lake, Holocake

Mark Zuckerberg shows early metaverse headsets Mirror Lake, Holocake

The company formerly known as Facebook is going to spend $ 10 billion this year on research and development on virtual reality and augmented reality technologies, including computerized glasses or headsets. On Monday, Meta CEO Mark Zuckerberg showed off how much progress the social media company has made towards that goal by revealing many of … Read more