Heading into 2026, investors were excited at the prospect of a host of new initial public offerings, including ones from mega-cap private companies like SpaceX, Anthropic and OpenAI.
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Investors may want to rethink their bond allocation and opt for managed futures exposure.
Bank of America on Wednesday posted a sharp profit decline after being hit with a $1.2 billion penalty by U.S. regulators, while revenue also disappointed after trading operations generated about $750 million less than expected.
Harvard University's endowment grew 27.1% in fiscal year 2026, its strongest return in five years, the school said in its annual financial report released on Thursday.
Morgan Stanley posted third-quarter results that beat expectations on blockbuster results in its equities trading franchise.
Traders on prediction market platform Kalshi think inflation likely reached a peak for the year, though they don't see a sharp move lower anytime soon.
With the first round of Brazil's presidential election taking place Sunday, Wall Street is gearing up with starkly different market predictions depending on the outcome of the neck-and-neck race.
Wagering on sports outcomes has exploded in the 2020s, but recent surveys show just how widespread gambling has become for Generation Z.
Brazilians will decide in just under three weeks whether to reelect incumbent president Luiz Inácio Lula da Silva or oust him in favor of Flávio Bolsonaro — the son of former president Jair Bolsonaro — as both advanced to a runoff after receiving the most votes in the first-round vote on Sunday.
The growing popularity of a combo contracts on prediction markets is leading to soaring volumes, even as they makes up only a small amount of total activity on the platforms.