BEIJING — Walk down most streets in China and you'll find a liquor store advertising premium spirits brand Moutai, along with posters of resale prices by vintage year.
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Prediction market platform Kalshi in a regulatory filing on Tuesday revealed it is seeking to launch perpetual futures tied to equity indexes.
Prediction markets traders still see Paramount Skydance as likely to succeed in its bid to acquire Warner Bros. Discovery, but a battle in court with 12 state attorneys general is increasing the chances that the merger falls through.
Nvidia and Intel recently tapped the bank to help them meeting soaring demand for compute.
Berkshire Hathaway sharply increased its stake in Alphabet in the second quarter, vaulting the Google parent into its three biggest stock holdings. The sprawling conglomerate also added to the size of its investments in Delta Air Lines and various homebuilders.
S&P 500 companies are keeping more profit from every dollar in sales than ever before, providing another tailwind for stocks.
Steve Eisman is warning that the artificial intelligence boom has become increasingly dependent on the fortunes of just two companies: OpenAI and Anthropic.
BEIJING — Yangtze Memory Technologies is rapidly gaining market share in a critical chip sector, according to Counterpoint Research.
The U.S. economy surprisingly shed jobs in July, and it's leading investors to think that an interest rate hike by the Federal Reserve in September is increasingly unlikely.
Ken Griffin's Citadel posted strong gains across its major hedge funds in July, helped by a recovery in risk assets and a discounted purchase of assets from the collapse of Leopold Aschenbrenner's Situational Awareness to end the month, according to a person familiar with the firm's performance.