Equity Equity Monday: Investors have not given up on web3 gaming
Oct 16, 2023
Earnings season kicks off with major reports from Tesla and Netflix on the horizon. The cost of running social media in today’s landscape raises questions about regulation. Although funding for web3 gaming took a hit in Q3, the sector isn't completely down and still saw a notable $600 million investment. Meanwhile, the global IPO scene shows promising developments beyond the U.S., and AI innovations in e-commerce are making waves with impressive funding rounds. Tune in for insights into these fascinating topics!
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Tech Earnings
- Tesla and Netflix will report earnings this Wednesday.
- Other tech companies will mostly report in the following weeks.
Coinbase Trading Volume
- Coinbase's Q3 trading volume might be down 50% year-over-year.
- This is concerning as trading revenue has been a key profit driver.
Social Media Costs
- Running a social media company is expensive due to varying global regulations.
- Non-compliance can result in substantial fines.