Economy

Economy
Economy

Can Snap stock benefit from its bet on augmented reality glasses?

Shares of Snap Inc. have been under pressure after the company’s latest push into augmented reality, raising questions about whether its long-term investment in wearable computing can eventually translate into improved stock performance. SNAP stock has fallen 13% over the past five trading sessions and is down 42.6% year to date. The decline comes even

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Economy

Charles Schwab expands into prediction markets with S&P 500 bets

Charles Schwab Corporation partnered with Cboe Global Markets to introduce binary options tied to the performance of the S&P 500, marking its entry into the rapidly growing prediction markets segment. According to a report by The Wall Street Journal, the brokerage is working with Cboe to roll out all-or-nothing options contracts that allow customers to

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Economy

Why Diageo, Heineken and Anheuser-Busch are battling falling alcohol demand

Alcohol companies have had fewer reasons to say “cheers” in recent years. Volumes have been falling, and the entire business model is undergoing a structural shakeup as younger people drink less.  The downturn has been driven by a mix of structural and cyclical forces.  Younger consumers are drinking less, inflation has squeezed discretionary spending, and

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Economy

Why a hawkish Fed isn’t scaring Wall Street

US stocks are showing surprising resilience as Wall Street increasingly abandons expectations for near-term Federal Reserve rate cuts. Several major financial institutions have recently pushed back their forecasts for monetary easing, with some now expecting the Federal Reserve to leave rates unchanged throughout 2026. Yet despite the more hawkish outlook, strategists remain broadly constructive on

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Economy

BNB dips below $600 as weak ETF demand and bearish derivatives pressure mount

BNB (formerly Binance Coin) continued its downward trend on Friday, trading below $575 and posting losses of nearly 4% over the week.  The token remains under pressure as weak institutional participation, rising short positioning, and declining futures activity reinforce a bearish short-term outlook.  Technically, BNB is now approaching a key support zone near $570, with

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Economy

US dollar extends rally as geopolitical tensions weigh on markets

The US Dollar strengthened further on Friday, building on its weekly gains against major currencies as investors remained cautious amid growing geopolitical uncertainty in the Middle East. With US financial markets closed for the Juneteenth holiday and limited economic data on the calendar, market participants focused on developments surrounding US-Iran relations and comments from central

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Economy

SOL slips below $70 as price weakness persists amid rising institutional interest

Solana has dropped below $70 on Friday, extending its losing streak to four consecutive days.  Despite continued price weakness, underlying market signals show a divergence between growing institutional engagement and mixed retail sentiment, creating a complex outlook for the token. Institutional demand builds through ETF inflows and new filings Institutional interest in Solana continues to

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Economy

Real Finance unveils ‘REAL Competition’ with $20,000 in rewards

Real Finance has announced the launch of the REAL Competition, a community rewards campaign aimed at encouraging participation across the $ASSET ecosystem. The competition will offer up to $20,000 in USDC rewards to top participants, along with an additional raffle prize pool that gives more community members a chance to win. The competition features a

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Economy

Amazon achieves water positive status in India amid data centre scrutiny

Amazon has announced that it has become water positive in India, achieving a key sustainability target ahead of schedule as scrutiny grows over the environmental impact of expanding data centre infrastructure worldwide. The company said it now returns more water to communities than it uses across its direct operations in India, including corporate offices, fulfilment

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Economy

WhiteBIT EU secures MiCA license in Austria

WB-Shield Innovations GmbH, operating as WhiteBIT EU, announced today that it has obtained authorization under the Markets in Crypto-Assets Regulation (MiCA) in Austria. The authorization was granted by the Austrian Financial Market Authority (FMA).  The Austrian authorization marks a key step in WhiteBIT’s European growth strategy and underscores WhiteBIT EU’s commitment to operating within a

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