Tag: Wall Street
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Kalshi trading in ‘perps’ crosses $1 billion in volume within a week of launch
A spokesperson for the company said that the product is the fastest growing in the prediction market platform’s history.
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Asian stocks track Wall Street tech bounce, oil eases on Middle East hope
The gains across most equity markets followed a rebound on Wall Street, fuelled by a race to pick up cheaper assets following a sell-off sparked by bets on a US interest rate hike and warnings over tech firms’ valuations.
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Commentary: Are we at the start of a new investment super-cycle?
AI, clean energy and defence spending are reinforcing each other, amplifying potential investment, says Rana Faroohar for the Financial Times.
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JPMorgan traders are getting worried and have turned cautious on the market. Here’s why
The recent selling in tech and volatility in the bond market have traders positioned more defensively, for now.
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Cerebras shares climb as Wall Street brokerages back AI chip strategy
June 8 : Cerebras shares gained on Monday as multiple Wall Street firms initiated coverage with bullish calls after the quiet period, backing the chip designer’s unconventional AI strategy more than three weeks after its strong debut.Shares of the company rose 5.5 per cent in premarket trading, with at least
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This startup wants to reduce payment friction on prediction markets
EDGE Markets is announcing two new products to solve payment issues in prediction markets, the company shared exclusively with CNBC.
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Can the market handle SpaceX, OpenAI and Anthropic all at once?
Three of the most valuable companies ever created are going public within months of each other. The combined value of SpaceX, OpenAI and Anthropic could reach $4 trillion (€3.44trn). Wall Street is excited but also nervous.
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Bitcoin is cratering, but a new Wall Street crypto hype is on the rise
As bitcoin dropped to its lowest price since 2024, investors flock to a new type of crypto investment linked to the hyperliquid platforms, HYPE ETFs.
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US stocks slump as fears over Big Tech shake Wall Street
The Nasdaq saw its biggest daily fall since early 2025.
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Commentary: SpaceX’s capital needs are out of this world
SpaceX’s rising capital needs might be a tough sell ahead of its blockbuster initial public offering, says Chris Bryant for Bloomberg Opinion.
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