Despite significant headwinds, big names continue to join the crypto bandwagon, including most recently Mercado Libre in Latin America. Join our analyst Bill Fisher as he hosts researcher Paola Flores-Marquez and analyst Grace Broadbent to discuss the lay of the crypto land in global markets.
Sales at discount retailers rise when shoppers feel cash-strapped: But what consumers are buying is changing as Dollar General and Dollar Tree both see consumers shift to need-based purchases.
Instacart will now deliver large items like furniture: The company’s new ‘Big & Bulky’ service builds on its core competency and gives delivery people on its platform an additional way to earn money.
AI art can help and hurt advertisers: Several AI image generators have gained traction, but ethical problems could harm marketers who jump on board.
Walmart finds its EV Canoo: The retailer’s fleet of 4,500 EVs could grow into 10,000 as the company looks to achieve zero emissions. Retail and logistics companies could lead the transition to EV deliveries.
DoorDash has ended its four-year partnership with Walmart, saying the split will enable it to focus on its long-term customer relationships. DoorDash works with retailers, like Albertsons and Macy’s, and thousands of restaurants across the globe, creating a marketplace for consumer discovery and advertising for its partners.
A new Morgan Stanley report details how only 2% of Prime members use Amazon Pharmacy.
Peloton’s adult user base in the US is still expanding, but year-over-year growth will continue to decelerate from its record high of 115.3% in 2020. From next year through 2026, growth will slow to single digits.
Twitch’s exclusive creators aren’t entirely exclusive anymore: The move signals that livestreaming may not be a product—it’s a feature.
Fortnite’s young users are a huge selling point for brand partners: IHeartRadio is the latest brand to launch an experiential marketing campaign in the video game.
FanDuel plans to launch its own cable network: While sports betting is surging, the service could have an uphill battle ahead.
Intel leans on outside investment for new factories: Still reeling from poor Q2 performance, Intel is courting private equity investors to back its trillion-dollar factory ambitions. Will other semiconductor companies follow suit?
Richemont and Farfetch finally reach a deal for Yoox Net-a-Porter: The partnership could boost Farfetch’s customer base and help grow its B2B service.
Insider Intelligence spoke with Harley Block, co-founder and CEO of Gen Z consultant IF7, about its strategy to help brands like Abercrombie & Fitch reach the younger audience on TikTok.
Amazon looks to increase awareness for its sports offering: Its Prime Video is partnering with DirecTV to bring Thursday Night Football to bars and restaurants.
Data center scrutiny rises in Europe: Data centers’ energy intensity and water use are running up against Europe’s energy crisis. Ireland’s data center moratorium puts facilities’ sustainability measures in focus.
Microsoft wants airlines to burn the carbon they emit: The tech giant and Alaska Airlines are giving a startup’s sustainable fuel a boost. But potential hidden emissions are a caveat.
The music stops for AI-generated rapper: Capitol Records drops FN Meka from label after outcry over stereotypes.