Nasdaq falls for third straight day as chip stocks weigh on market

Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York, August 8, 2022. Andrew Kelly | Reuters Stocks fell on Tuesday as investors navigated a batch of disappointing company reports ahead of a key inflation reading. The S&P 500 fell 0.6%, while the Nasdaq Composite dropped 1.5%. The Dow … Read more

Crypto exchanges’ revenue surges to eclipse NYSE and Nasdaq

Global trading revenue generated by cryptocurrency exchanges hit $24.3bn in 2021 to surpass total revenue generated by traditional stock exchanges such as the New York Stock Exchange and the Nasdaq for the first-time ever, according to a report published by financial-services consultancy Opimas. The report estimates that revenue at crypto exchanges increased seven times from … Read more