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4 mins read

EXCLUSIVE: Kavin Bharti Mittal dives into what Hike’s version of the metaverse is going to look like

Hike’s whitepaper for going web3 is set to go live next month. The process of taking Rush by Hike o…

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1 min read

Meta plunges below Warren Buffett's Berkshire Hathaway in market value for the first time in nearly 2 years

Meta's stock decline on Thursday erased as much as $239 billion from its market capitalization, tak…

Theron Mohamed   


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2 mins read

Nvidia extends 2-day jump to 17% as Wells Fargo raises price target and investors cheer chip maker's metaverse ambitions

Wells Fargo raised its price target on Nvidia stock by 30% to $320, citing massive growth potential…

Isabelle Lee   


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5 mins read

Supply-chain woes pull Christmas ads forward

In this week's Insider Advertising we're covering early Christmas ads, the rise in BNPL ad spending…

Lara O'Reilly   


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2 mins read

Kavin Bharti Mittal's Hike partners with Polygon to bring the Rush Gaming Universe onto web3

Kavin Bharti Mittal’s Rush by Hike has partnered with the layer-2 blockchain platform, Polygon. The…

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2 mins read

Nasdaq drops 2% after Fed's Jim Bullard says he favors aggressive rate hikes after inflation data

"I was already more hawkish but I have pulled up dramatically what I think the committee should do,…

Matthew Fox   


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2 mins read

Hamza Fareed Malik   


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3 mins read

Kavin Bharti Mittal's Hike is offering ETH to anyone who find a 'chief meme officer' or a 'crypto game economist' for the company

The company is offering ETH referrals for 10 roles, and there’s a total of 4 ETH – which is ar…

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3 mins read

Tech stocks may pull out of their nosedive, but the sector won't return to its pandemic-era highs even when the Fed eases rate hikes

Tech got trounced in 2022, and while 2023 looks a bit brighter, there won't be a return to endless …

Jennifer Sor   


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2 mins read

Cryptocurrencies will suffer massive losses as the Fed ends 'crazy' speculation by hiking rates, JPMorgan strategist says

"It's still all fairy dust and very vulnerable to higher interest rates," JPMorgan strategist David…

Harry Robertson   


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1 min read

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Goldman Sachs says bitcoin is more vulnerable to Fed rate hikes than ever before, as markets price in 5 increases this year

Bitcoin "will not be immune to macroeconomic forces, including central bank monetary tightening," G…

Harry Robertson   


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2 mins read

60% of Indian CEOs plan to increase growth investments: Arthur D Little

33% of the Indian CEOs surveyed had an optimistic view about the economic outlook over the next 3-5…

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1 min read

The stock market bubble has burst and investors betting on a rally are in denial, investment manager says

"The speculative rally so far this year seems a perfect example of investors' denial of a changing …

Jennifer Sor   


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1 min read

Jim Chanos, Bank of America, and others still aren't jumping on the AI hype train

Jim Chanos rolled his eyes at the AI hype this week, while Warren Buffett has previously warned abo…

George Glover   


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1 min read

Bank of America says a recession is likely in the 1st quarter of 2023 - and recommends investors buy stocks in these 3 areas

BofA sees opportunities in 3 specific areas of the stock market, even though it's forecasting a rec…

Brian Evans   


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2 mins read

US stocks sell off after fresh CPI data shows highest inflation since 1982

"The Fed will need to respond aggressively with a very real prospect that they choose to signal the…

Matthew Fox   


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1 min read

Meta slides after EU says the Facebook-parent company could pay $11.8 billion over antitrust complaint

The European Union is accusing Meta of breaching antitrust policies, citing the tight link between …

Morgan Chittum   


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2 mins read

US stocks climb after GDP shows economy returning to growth, while Big Tech earnings continue to disappoint

US GDP climbed 2.6% last quarter after the economy had contracted for the previous two quarters.

Phil Rosen