Threads could bring in $8 billion in annual revenue, according to analysis, after it reached about 100 million users days after its launch. Cheddar News explains.
Share:
More In Business
April Jobs Report: Labor Market Cooling To A More Sustainable Pac
Gregory Daco, chief economist at EY breaks down April’s jobs report and what it means for the next few months
Big Business This Week: A 'Slow-Motion Murder' at Paramount, Tax Hikes (for the Rich) and is Walmart the New Whole Foods?
Plus, Starbucks reported its first quarter of declining sales and earnings since the pandemic, Biden tries to tackle the national debt and Warren Buffett is set to host the annual meeting of his investment firm Berkshire Hathaway.
What Does Marijuana Reclassification Mean, Anyway?
The U.S. could pot-tentially deem marijuana as a less dangerous drug.
Federal Reserve Announces Its Decision on Interest Rates
Powell announced that the Fed will keep the interest rate at their current level of 5.25-5.5 percent, their highest for nearly 20 years.
Worried About Summer Gas Prices? Buy Energy Stocks
You could turn pain at the pump into a financial bump if you buy the dip on energy stocks, one analyst says.
With High Mortgage Rates, Is It Time to Consider a Tiny Home?
For most, buying a home is a far-reaching goal. With high mortgage rates and low inventory, it may be time to get creative and consider a tiny home.
Florida’s 6-Week Abortion Ban Takes Effect
The rules are affecting not just women who want therapeutic abortions, but also nonviable pregnancies for women who want to have babies.
Tom Brady’s Company, Autograph, Wants You To Engage With Your Favorite Athlete...Including the GOAT
Autograph revolutionizes fandom, allowing fans to engage with their favorite celebrities through digital collectibles, experiences, and rewards.
The Breakthrough Skin Cancer Vaccine That’s Changing the Game
A “cure for cancer” might be too ambitious, but recent results in skin cancer vaccine trials are injecting hope into the battle against it.
