Jai Hamid

Author
Jai Hamid

Jai Hamid

Author

Jai Hamid has been covering crypto, stock markets, technology, the global economy, and the geopolitical events that affect markets for the past 6 years. She has worked with blockchain-focused publications including AMB Crypto, Coin Edition, and CryptoTale on market analyses, major companies, regulation, and macroeconomic trends. She has attended London School of Journalism and thrice shared crypto market insights on one of Africa’s top TV networks.

Author’s Articles

  • Amazon slides over 10% as earnings disappoint along with $200B capex plan

    Amazon slides over 10% as earnings disappoint along with $200B capex plan
    February 5, 2026 Business
  • Oman launches national bitcoin mining pool called OmanHash

    Daily Bitcoin mining revenue plunges to yearly low of $28 million on crypto sell‑off
    February 5, 2026 News
  • Wall Street maps out how far Bitcoin charts could break below key support levels

    Wall Street maps out how far Bitcoin charts could break below key support levels
    February 5, 2026 News
  • LSEG rallies after JPMorgan reiterates Buy and Goldman plays down AI risks

    LSEG rallies after JPMorgan reiterates Buy and Goldman plays down AI risks
    February 5, 2026 Tech

  • Stifel downgrades Microsoft to ‘hold’ from ‘buy’ over Azure as stock crashes 3%
    February 5, 2026 Tech

  • European Central Bank (ECB) holds interest rates at 2% as inflation eases
    February 5, 2026 Economy
  • OpenAI shelves plan to spin out robotics, hardware units ahead of IPO.

    OpenAI launches new Frontier platform to streamline AI adoption for enterprises
    February 5, 2026 Tech

  • Trump’s Fed chair Kevin Warsh believes AI boom will allow nonstop rate cuts
    February 5, 2026 Economy

  • Alphabet’s Google stock crashes 5% as 2026 capex set at $175-185B, YouTube ads miss estimates
    February 5, 2026 Business
  • China's trader Bian Ximing made $3 billion on gold's rally, then $500 million on silver's crash

    China’s trader Bian Ximing made $3 billion on gold’s rally, then $500 million on silver’s crash
    February 5, 2026 Business
  • XRP sees a sharp jump in online optimism as Bitcoin and Ether's sentiment tanks

    XRP sees a sharp jump in online optimism as Bitcoin and Ether’s sentiment tanks
    February 5, 2026 News
  • Taiwan’s TSMC plans $17B 3 nm chip production in Japan as government backs expansion

    Taiwan’s TSMC plans $17B 3 nm chip production in Japan as government backs expansion
    February 5, 2026 Tech
  • Sony reports ¥515B Q3 profit, up 22% and above estimates, lifts outlook

    Sony reports ¥515B Q3 profit, up 22% and above estimates, lifts outlook
    February 5, 2026 Business
  • Arm's stock crashes 10% despite earnings beat, thanks to $505M licensing revenue miss

    Arm’s stock crashes 10% despite earnings beat, thanks to $505M licensing revenue miss
    February 5, 2026 Business
  • Bitcoin plunges to $70,000 as silver and gold renew their market crashes

    Bitcoin plunges to $62,000 as silver and gold renew their market crashes
    February 5, 2026 Live Updates

  • Qualcomm stock crashes 10% despite earnings beat due to weak guidance on memory chips
    February 4, 2026 Business
  • Sundar Pichai's Alphabet posts 15% revenue growth to $113.83 billion with EPS up more than 20%

    Sundar Pichai’s Alphabet posts 15% revenue growth to $113.83 billion with EPS up more than 20%
    February 4, 2026 Business
  • CME is building its own coin.Not a theory.It’s happening.On an earnings call, Terry Duffy, the Chairman and CEO, confirmed that a tokenized cash product is in the works and will be released in 2026. It’s being developed with Google Cloud, and the plan is to run it on a decentralized network that other financial firms can also use. Terry didn’t say exactly what kind of coin this is going to be. It might be its own CME-issued token, or it could just be a tool for handling settlements and margins, kind of like JPMorgan’s JPMD deposit token. When someone from Morgan Stanley asked about tokenized collateral, Terry called it “pretty deep” but said they’re building their own coin either way. CME lays out the risks tied to accepting crypto assets as margin CME is already deep in crypto.It started with bitcoin futures, then added ETH, SOL, and XRP.This new product takes things further. Terry said the launch will use “another depository bank that will help facilitate those transactions.” So CME won’t handle all of it alone. He also said they’re looking into other types of onchain collateral, including stablecoins and tokenized money market funds, but there’s a line they won’t cross. “It all depends on who is issuing the token and giving it to us,” Terry said. “And it would also depend on the risks associated with that token. Would we haircut it to a point where it's even worth being taken or not?” Terry made it clear: CME won’t accept just any token. He said if someone brings a token from a systemically important financial institution, he might take it seriously. But a third-tier or fourth-tier bank? “That’s probably something I would not accept,” he said. Terry also added, “We’re not going to put the enterprise at risk by taking something we can’t get our arms around.” CME beats Wall Street with strong Q4 and full-year numbers Let’s talk numbers. CME crushed expectations again. For the fourth quarter of 2025, it reported $1.6 billion in revenue and $1.0 billion in operating income. Net income was $1.2 billion, with $3.24 in diluted earnings per share. On an adjusted basis, net income was $1.0 billion, and EPS was $2.77. Full-year revenue for 2025 hit $6.5 billion, with $4.2 billion in operating income. Net income landed at $4.1 billion. Adjusted EPS was $11.20. Terry said, “Last year, CME Group delivered the best year in our history and our fourth consecutive year of record revenue, adjusted operating income, adjusted net income and adjusted earnings per share.” The platform hit an all-time high for average daily volume, hitting 28.1 million contracts in 2025. That included a 12% jump in commodities trading and a 5% rise in financials. For Q4 alone, volume hit 27.4 million contracts per day, the best fourth quarter on record. Outside the U.S., volume reached 8.3 million contracts, up 9% from the year before. Asia was up 18%, while EMEA rose 6%. Revenue from clearing and transaction fees hit $1.3 billion in Q4. Each contract pulled in about $0.707. Market data revenue was $208 million. By the end of 2025, CME had $4.6 billion in cash, including $200 million placed with the Fixed Income Clearing Corporation. It also carried $3.4 billion in debt. And it paid out $3.9 billion in dividends for the year. Since it adopted its variable dividend policy back in 2012, it’s returned nearly $30 billion to shareholders.

    CME Group says it’s launching a proprietary “CME Coin” as earnings all estimates yet again
    February 4, 2026 Business
  • Mitsubishi forecasts larger-than-expected uptick in EV sales after earnings beat

    Mitsubishi forecasts larger-than-expected uptick in EV sales after earnings beat
    February 4, 2026 Business

  • Anthropic vows Claude will stay ad‑free, taking a dig at ad‑supported rivals
    February 4, 2026 Tech

  • Tech billionaires’ fortunes hit in AI‑triggered market slump, with $62 billion wiped out
    February 4, 2026 Tech

  • OpenClaw AI agent goes rogue, spamming users after iMessage access granted
    February 4, 2026 Tech