Tag: business news
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Kalshi traders see greater than 50% odds the Fed will hike rates this year
The Federal Reserve suggested higher rates could be in the cards, and traders on Kalshi see growing odds of a hike in 2026.
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SpaceX shares to more than double to above $400, research firm predicts
The stock move could make SpaceX the largest company in the world.
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The charts in this car stock look attractive after months of trading in a range, says Jay Woods
The chief market strategist at Freedom Capital Markets breaks down the technicals in this automakers.
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OPEC chief dismisses IEA supply glut forecast as ‘critical’ Strait of Hormuz reopens
The IEA said on Wednesday that a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major oil overhang next year.
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There’s a little-known tech name on Josh Brown’s Best Stocks list that’s at the nexus of the data center buildout
This company’s three businesses are on fire, says Josh Brown.
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SpaceX has even more room to run after AI coding deal, Oppenheimer says
SpaceX shares are likely to get a boost from the aerospace company’s acquisition of Cursor and its popular AI coding application, according to Oppenheimer.
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GOP Rep. Steil pushes bill curbing members of Congress from prediction market betting
The new proposal on limits on members of Congress making such bets come as scrutiny increases on prediction markets like Kalshi and Polymarket.
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Trump bid to fire Fed’s Lisa Cook cost her more than $1M in legal, security costs: Filing
A financial disclosure from Federal Reserve Governor Lisa Cook details large legal and security expenses
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UBS traders say it’s time to ‘reduce risk meaningfully’ on tech
The dangers of being heavily exposed to tech are getting bigger, according to UBS traders.
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California’s counting on an IPO tax windfall. Several factors are complicating the equation
The IPOs of SpaceX, OpenAI and Anthropic could create a tax windfall for the state of California. But experts say the revenue impact may be blunted.
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