Tag: business news
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Kalshi traders are not expecting a U.S. and Iran nuclear deal soon
As of early Sunday morning, Kalshi traders saw a 29% likelihood of a nuclear deal between the U.S. and Iran before January 2027.
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More tech millionaires are using donor-advised funds for tax savings and giving
DAFs are gaining in popularity as private firms like Anthropic and OpenAI skyrocket in value and more companies stay private for longer.
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White House to host AI companies Tuesday to review new model-testing framework
President Donald Trump’s June executive order directed officials to develop a process to evaluate the cybersecurity capabilities of advanced AI models.
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Kalshi traders think July jobs report will come in slightly cooler than economists’ predictions
Speculators on the platform place just under 50-50 odds that employers added more than 80,000 jobs in July.
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Hugging Face CEO says China is winning the AI race and dominating on open models
Hugging Face CEO Clément Delangue said Chinese AI models could catch up to the U.S. as soon as this year.
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SpaceX short interest overtakes Tesla ahead of earnings, lockup expiration
Notional short interest in SpaceX has climbed to about $23.6 billion, topping Tesla’s roughly $22 billion, according to S3 Partners.
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Amazon tops $3 trillion market cap as stock continues post-earnings surge
Shares of Amazon hit a new all-time high Monday, putting its market cap over $3 trillion.
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‘Spider-Man: Brand New Day’ beats out ‘Avengers: Endgame’ for highest domestic opening ever
Sony and Marvel’s “Spider-Man: Brand New Day” set the record for the highest domestic opening weekend of all time with $360 million in ticket sales.
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How to navigate a treacherous stock market in August after a volatile July
Last month wasn’t easy for investors, even if the numbers don’t fully reflect the volatility.
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Are Americans ready to embrace tiny ‘cars’? These companies think so
Electric low-speed vehicles, or LSVs, are a step above a traditional golf cart but below a typical light-duty car or truck sold in the U.S.
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