Steve FranksAmazon stumbles on slower sales growth, higher labor costsAssociated Press - Anne D'InnocenzioNEW YORK (AP) — Amazon isn’t just grappling with the easing of pandemic-induced shopping splurges. The online retail behemoth is also contending with surging costs as it navigates a snarled supply chain and labor shortages. Those challenges resulted in Amazon reporting a shortfall Thursday in …
Steve FranksAn Intern’s Guide to Tradingnasdaq.com - Phil MackintoshAs we promised in our recent Updated Intern’s Guide to the Market Structure Galaxy, today we follow up with an Intern’s Guide to Trading. Where do …
Steve FranksWith $0 Fees, Schwab Risks Blowing Up Brokerage Model It Builtverified_publisherBloomberg - Annie Massa, John GittelsohnNot too long ago, Charles Schwab Corp. helped to usher in the golden age of low-cost, online stock trading. Now, the brokerage may help to kill off …
Steve FranksThere Is a Commission-Free LunchThe Wall Street Journal. - The Editorial BoardCharles Schwab caused brokerage stocks to tumble on Tuesday by announcing commission-free online trades that could trigger a cascade across the industry. Behold how competitive markets are making investing less expensive for ordinary folks without government intervention. Only 7% of retail …
Steve FranksI Analyzed 258 Decentralized Exchanges and This Is What I FoundMedium - Marc HowardTL;DR: There are now over 250 decentralized exchanges in the world today. These are the hurdles of what it will take to be #1. Binance, the largest …
Steve FranksMillennials are flocking to cryptocurrency and cannabis stocks, TD Ameritrade CEO saysBusiness Insider - Graham RapierMillennials are leading an investment revolution. Now the largest demographic in the economy, young investors under 35 are catalyzing a transformation in the asset management and stock trading world. Investment accounts opened by this demographic rose 72% annually, TD Ameritrade CEO Tim Hockey told …