Tag: Wall Street
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Wendy’s shares soar for a second day as retail investors pile into their new meme darling
The stock’s advance appeared largely disconnected from company fundamentals and instead reflected a burst of social-media enthusiasm.
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Brent falls below US$75 as Nasdaq drops for 3rd straight day
A market analyst said “the carnage continues in oil prices” as crude prices continued to fall.
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Kalshi CEO says prediction market thinking about IPO, but not for this year
Tarek Mansour said to CNBC’s “Squawk Box” it made sense for the company at the stage to think about a debut on public markets.
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Wendy’s stock soars as meme traders target another turnaround play
While management changes can influence investor sentiment, the magnitude of the move suggests other forces may be at play.
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Stocks making the biggest moves after hours: FedEx, Cerebras, KB Home & more
See which stocks are posting big moves after the bell.
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CFTC sues Kentucky over actions against prediction markets, making it first red state to face federal scrutiny
The commission has now sued nine states in total in its battle to defend what it sees as its exclusive right to regulate event contracts.
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Mamdani-backed candidates are likely to win in NYC primaries, prediction market traders expect
Voters are heading to the polls in New York, with four competitive races in Democratic congressional primaries in focus.
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SpaceX seeing some interest from short sellers, but many still afraid to bet against Musk
About 40 million SpaceX shares are sold short, roughly 5% to 7% of the shares that are publicly available to trade, according to an estimate by S3 Partners.
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Meta is building a prediction markets app. These stocks are falling in response
The report said that CEO Mark Zuckerberg directed staff to develop a prediction market platform, internally known as “Arena.”
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SpaceX could remain under pressure as more insiders gain permission to sell. Here are the key dates
Investors can expect a significant wave of supply to hit the market that will likely drive the price down, with each new lockup expiration period.
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