News
Bitcoin rebounds after Trump says he's become 'a big crypto guy"
3+ day, 17+ hour ago (540+ words) Bitcoin turned positive Monday after President Donald Trump voiced his support for cryptocurrency. Earlier in the session, bitcoin dove toward $60, 000 after Strategy, a longtime corporate buyer of the token, sold some of its holdings for the second time this year,…...
Alibaba-affiliate Ant Group rushes into humanoid robots with a dozen deals in 18 months
1+ week, 1+ day ago (360+ words) BEIJING " Alibaba-affiliate Ant Group is ramping up its move into humanoid robots. Ant has led a 500 million yuan ($73. 58 million) funding round in humanoid robotics company Zeroth, the start-up announced Thursday. It's the 12th company in the sector that Ant has invested…...
Wendy's stock soars as meme traders target another turnaround play
2+ week, 1+ day ago (207+ words) Wendy's shares surged in premarket trading Wednesday, fueled by a burst of retail investor enthusiasm that appears disconnected from the fast-food chain's latest executive appointment. The stock climbed more than 16% before the opening bell on heavy volume after Wendy's disclosed…...
Activist investor Jana Partners takes stake in medical device maker Cooper Companies, WSJ says
8+ mon, 2+ week ago (140+ words) Activist investor Jana Partners has taken a stake in medical device maker Cooper Cos. and will push the firm to explore strategic options, The Wall Street Journal reported Monday. Shares of Cooper were up 4% in afternoon trading Monday. The hedge…...
Can anyone join Musk in the trillionaire club? Zuckerberg has best shot, according to prediction markets
2+ week, 3+ day ago (288+ words) Elon Musk became the world's first trillionaire thanks to his stake in Space X after the company's public debut on June 12. Prediction market traders think that Mark Zuckerberg has the best chance of being next, but it's still a long…...
More united Fed board seen at Warsh's first meeting, according to Kalshi traders
3+ week, 1+ day ago (286+ words) Prediction market traders think consensus will return to the Federal Reserve's policy-setting board when new chairman Kevin Warsh presides over its June interest rate decision later Wednesday. At April's meeting, the last under former Fed chair Jerome Powell, four members…...
Space X doesn't have a timeline for its human missions to Mars. Kalshi traders say don't expect it this decade
3+ week, 3+ day ago (210+ words) Space X made its debut at the Nasdaq on Friday, climbing more than 19% on its first day of trading and rising above a $2 trillion market valuation. But while the arrival of the company to public markets is squared away, some…...
Bitcoin is cratering, but a new Wall Street crypto hype is on the rise
1+ mon, 3+ day ago (608+ words) In one very small, and at least to date obscure, corner of the crypto market, investors are rushing in rather than heading for the exits. So-called HYPE exchange-traded funds are taking in new assets from investors at a time when…...
Polymarket closes its first block trade as prediction markets push for Wall Street adoption
1+ mon, 1+ week ago (316+ words) The six-figure transaction was between Falcon X, a digital asset brokerage, and Anera Labs, a trading technology startup. Falcon X and Anera Labs traded on a contract related to the Ornn Compute Price Index, a benchmark that tracks Nvidia's H100 GPU…...
Two months, $2. 6 billion: How NASA ETF turned Space X IPO access into a hot retail trade
1+ mon, 1+ week ago (640+ words) Retail investors are rushing into the space investing trade ahead of the Space X IPO, and one ETF has cashed in on the excitement. Tema ETFs' Space Innovators ETF, which launched on March 30 and trades under the ticker symbol NASA,…...