Wall Street traders bracing for Nvidia Corp.’s results drove stocks higher, hoping for evidence that the outlook for artificial intelligence remains intact at a time when anxiety about the technology is running rampant. Image: Jonathan Gong / Unsplash Source: Bloomberg
Stocks held modest gains while bonds fell alongside the dollar after the Supreme Court’s rejection of Donald Trump’s tariffs. Crypto, gold and oil mostly hovered as traders sought to assess the president’s plans for a program that sent markets careening when first announced last year. Image: tommao wang / Unsplash Source: Bloomberg
Prediction markets will let you bet on just about anything, from how many tweets Elon Musk will post this week to the next president of the United States, with predictions sometimes showing shockingly (or suspiciously) spot-on accuracy. Polymarket’s CEO Shayne Copland has even claimed that prediction markets are “the most accurate thing we have as…
Matthew Mish, Head of Public and Private Credit Strategy at UBS, discusses the evolving impact of AI disruption on credit markets. He tells Katie Greifeld and Bailey Lipschultz on “The Close” that markets are beginning to price in increased risk, particularly in the technology sector and leveraged loan space. (Source: Bloomberg) Image: Harry Shum /…
The Trump administration’s growing portfolio of direct investments is unprecedented outside an economic crisis or wartime. Image: Allen Beilschmidt sr. / Pexels Source: CNBC
A renewed wave of dip buying spurred a rally in tech stocks in the wake of a rout fueled by worries over the billions of dollars those firms are throwing at artificial-intelligence development. Bitcoin jumped after 50% plunge from from its October peak. Silver and gold also bounced. Image: lonely blue / Unsplash Source: Bloomberg
Cryptocurrency markets fell as global equities and precious metals sold off while bitcoin liquidations exacerbated downside moves. Image: Mariia Shalabaieva / Unsplash Source: CNBC
Introduction As millions prepare for the Super Bowl, a different kind of contest is drawing scrutiny from the highest legal office in New York. Attorney General Letitia James has issued a stark consumer alert, urging residents to steer clear of unregulated prediction markets that promise big payouts on everything from the final score to the…
Introduction As millions prepare for the Super Bowl spectacle, a different kind of contest is drawing scrutiny from New York’s top law enforcement official. Attorney General Letitia James has issued a stark consumer alert, urging New Yorkers to steer clear of online platforms that allow wagering on non-sports outcomes, framing them as unregulated and risky…
Introduction The digital asset landscape convulsed this week as Bitcoin, the flagship cryptocurrency, tumbled below the critical $79,000 threshold. This sharp correction was not an isolated event but a direct response to a potent cocktail of external pressures: a historic sell-off in the silver market and fresh political uncertainty surrounding the future leadership of the…
