Tag: Wall Street
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Commentary: Micron’s huge AI windfall is bad news for most of us
Besides having to pay more for your next iPad or Nintendo Switch, soaring chip prices potentially come with other big downsides, says Chris Bryant for Bloomberg Opinion.
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Wall Street is set to close the books on a memorable first half next week. Here’s what’s ahead
The view is more rosy than investors could’ve been expected, as they wrap up the month, quarter, and first half of 2026 next week.
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CFTC is conducting an investigation into Polymarket, source says
The probe comes after the Commodity Futures Trading Commission and the Department of Justice dropped previous inquiries into Polymarket last July.
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OpenAI is reportedly delaying its IPO. Here’s when Kalshi traders think it will announce
Speculators think the OpenAI IPO will come early next year, with only one-in-three odds it happens in 2026 but a high likelihood it is done by June 2027.
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Jeremy Grantham says this is ‘the most expensive market in ‘American history’
Jeremy Grantham says soaring valuations around AI makes the U.S. stock market historically expensive.
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Polymarket annualized revenue surpasses $1 billion six weeks after its U.S. exchange launch
World Cup trading and the end of its U.S. waitlist are driving rapid growth for Polymarket’s prediction market platform.
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Nasdaq falls again on mixed day for US stocks, oil prices rise
Apple shares fell after price increases, while Micron rose on strong AI-related earnings.
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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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