In 2023, the global economic and financial situation was complex and changeable. Unexpected regional banking crises and geopolitical conflicts arose, while disruption from the highest interest rates in two decades and concerns about an economic downturn persisted.
Despite the challenges, the excitement surrounding artificial intelligence has driven U.S. stocks to break through the haze. Additional...

A monopoly is when a single company controls the majority of the market share in an industry or sector, benefiting from switching costs. According to super-investor Rob Vinall, it is costly and disruptive to replace the dominant market leader, making them reluctant to switch providers and enabling the company to earn beyond-normal profits. However, the risk is that it tends to make the company incumbents complacent and lazy (in the long run).
Case 1:
As t...

As of July 6, the number of crypto exchanges globally stood at 500, a drop from highs recorded in previous months. By using a web archive tool, Finbold has determined the sector has lost 25 exchanges in 30 days, considering that on June 6, the figure stood at 525, according to CoinMarketCap data.
Crypto businesses readjusting plans
Crypto companies generally responded to the meltdown by re-evaluating their plans for the future, and opting...

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