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Prediction markets are fueling a high-stakes brawl between states and federal regulators
Sixteen states are in legal proceedings against prediction market platforms, while one state has moved to ban them.Read More...
SpaceX, OpenAI valuations would mean they leapfrog Berkshire Hathaway on first day of trading
Traders on prediction market Polymarket think SpaceX, OpenAI and Anthropic on their first day of trading will surpass valuations of at least $1.4 trillion.Read More...
Retail investors get direct access to SpaceX IPO through major brokerage platforms
SpaceX's blockbuster public offering is giving everyday traders access that has traditionally been reserved for Wall Street's biggest clients.Read More...
Japan’s megabanks post record profits, but analysts warn growth may slow as risks mount
Japan's largest lenders may face some challenges to keep profit levels at record highs, amid higher credit costs and current geopolitical risksRead More...
OpenAI takes the lead in AI IPO horse race: ‘Getting to public markets first is very important’
It comes after reports that the AI giant and ChatGPT owner is set to file confidentially for an IPO as soon as this week.Read More...
Fed officials see rate hike ahead if inflation stays elevated, minutes show
A majority of officials anticipated that interest rate increases would be necessary if the Iran war continued to aggravate inflation.Read More...
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