Shopify Integrates USDC Payments, Friend.tech Activity Dries Up

Aug 28, 2023
Market Update After digesting Fed Chair Powell’s speech at Friday’s Jackson Hole Economic Symposium over the weekend, traditional indices are rising, with both the $SPY and $QQQ gaining approximately 0.40% at the time of writing. In a busy week for economic data, investors will be eyeing the release of JOLTS, ADP employment, the PCE index, and non-farm payrolls to form an outlook on the labor market and inflation. Crypto markets are relatively flat, with $BTC (+0.05%) remaining steady around $26k, and $ETH (-0.38%) holding at $1,650. Retail investing and trading platform Robinhood is sp

Finish reading this report for free

Enter your email and we'll send the paywall-free report directly to your inbox

Articles Read: 2/2

In addition to your unlocked report, you will receive our weekly market newsletter Fundstrat Snapshot, as well as occasional updates and offers from Fundstrat Direct. You can unsubscribe at any time.

Get unlimited access to Tom Lee's Fundstrat research Subscribe
Already a member? Log in
Fundstrat Direct footer logo

150 East 52nd St, 3rd Floor New York, NY 10022

SUBSCRIBE TO OUR FREE RESEARCH REPORTS

An institutional-grade report delivered to your inbox every week.

© 2026 Fundstrat Direct. All rights reserved.

Illustrations by Karl Wimer.