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News
NFL and midterm elections set up prediction markets for a critical fall season
13+ hour, 36+ min ago (839+ words) ago marked the beginning of a surge in prediction market trading volume that has yet to slow down. Prediction...exchanges chasing them to take some share of the market. And now the two events that separately brought...
U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court
2+ week, 2+ day ago (354+ words) appeals by Kalshi and Crypto.com, two prediction market platforms, to stop Nevada from halting their operations...industry, and have rushed to get their own prediction market exchanges online. DraftKings jumped 7%, while...
September Fed decision is now a coin flip as rate hike odds increase post Warsh
2+ week, 2+ day ago (329+ words) committed to fighting inflation. Traders on prediction market platform Kalshi now believe there are 48% odds...considering that three members of the Federal Open Market Committee disagreed with the majority's decision...
Samsung plans up to $80 billion in shareholder returns after SK Hynix buyback
3+ week, 2+ day ago (246+ words) high-bandwidth memory chips used in AI systems. The stock is up around 135% year-to-date. The company also...
Jackson Hole analyst roundup: Warsh's speech sends hike chances higher, may put Fed `at odds' with Treasury
1+ week, 6+ day ago (470+ words) Hole meeting was unexpectedly hawkish, boosting market expectations for a rate hike next month. Gold fell...the CME's FedWatch tool. Here's what market watchers are saying about Warsh's speech:...increases at the September and December Federal Open Market Committee meetings....
A Chinese humanoid startup flips 'distillation' claim on OpenAI as it releases a new robotics model
2+ day, 19+ hour ago (427+ words) The CEO of an Ant-backed humanoid robotics startup has published a letter to OpenAI in Chinese that raises questions about technical and design similarities between the two companies' recent models. "People often say major tech companies have intelligence networks monitoring…...