Tag: Breaking News: Markets
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New York City Council announces probe into prediction market platforms’ marketing strategies
In letters to four prediction market platforms, City Council Speaker Julie Menin said the council was also actively considering legislation to address concerns.
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Hormuz closure squeezes global economy as oil demand destruction intensifies, IEA says
The IEA expects oil demand to fall by 1.6 million barrels a day in 2026 as high fuel prices and Strait of Hormuz disruptions weigh on consumption.
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Hello Kitty, goodbye stock gains: Sanrio shares plunge 18% following earnings
Sanrio shares fall following earnings results
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Why the historic U.S.-Japan intervention has failed to halt the yen’s slide
The Japanese yen has erased about half of the gains from an unprecedented U.S.-Japan intervention less than two weeks ago.
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Stock futures are little changed ahead of Wednesday’s big inflation report: Live updates
Investors are bracing for an important inflation report that could determine the near-term direction for interest rates.
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Stocks making the biggest moves after hours: Super Micro Computer, CoreWeave, H&R Block and more
These are the stocks posting the largest moves in extended trading.
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Why Jensen Huang’s $500 billion AI financing plan faces a big risk from China
Nvidia CEO Jensen Huang is pitching GPUs as long-term collateral to unlock $500 billion in funding. The question is how fast will his chips depreciate?
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We’re lifting our price target on Cardinal Health after issuing rosy profit guidance
The quarter wasn’t totally clean, but strong profitability matters the most.
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Is betting on elections using prediction markets illegal? Many states are unsure as midterms approach
Twenty-three states have laws banning betting on elections, according to Pew Research. Not every state is sure these rules apply to prediction market trades.
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Eli Lilly’s weight loss pill gets first European approval — plus, oil holds back stocks
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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