Prediction Markets

Elon Musk's Space Exploration Technologies Corp. (NASDAQ:SPCX) has completed its initial public offering (IPO) and now all eyes are on the company's next move. Musk's Mars Ambitions One of Musk's goals has been to reach Mars, colonize it and build a city on it. This goal was also part of a...

Elon Musk reiterated on Tuesday the importance of solar energy for the future, while cryptocurrency punters bet on how many Space Exploration Technologies Corp. (NASDAQ:SPCX) Starship launches would successfully land in space. Polymarket Wagers On Space Exploration Polygon (CRYPTO: POL)-based...

Robinhood Markets (NASDAQ:HOOD) could nearly quadruple its prediction-market revenue this year, just as federal regulators hand the booming business its first rulebook. A veteran Wall Street risk manager says that rulebook is backward. The CFTC’s June 10 proposal sets up a contract-by-...

Rivian Automotive (NASDAQ:RIVN) began delivering its new R2 this month, the $58,000 SUV built to chase Tesla Inc. (NASDAQ:TSLA) into the mass market, with a cheaper $45,000 version promised for 2027. The early reviews are strong, but the first lease quotes landed near $829 a month, close to what...

Anthropic launched Fable 5, its most powerful model yet, on June 9. Three days later it was gone, and the tip that killed it reportedly came from its largest backer, Amazon.com Inc. (NASDAQ:AMZN). In evidence of how powerful the new model is, launch partner Stripe reported that Fable 5 ran a...

An anonymous Polymarket trader known as “fishalive” booked a roughly $9 million profit on about $4.2 million of bets against Spain on Monday, cashing in on one of the biggest upsets in World Cup history. Spain came in as the reigning European champion and a tournament favorite, priced...

The S&P 500 surged on Monday after President Donald Trump announced a deal to end the war between the U.S. and Iran, but Polymarket traders remain divided on whether the benchmark index can extend its gains at Tuesday’s open. The S&P 500 jumped 1.65% to close at 7,554.29 on Monday,...

Elon Musk has become the world's first trillionaire with the successful initial public offering (IPO) of Space Exploration Technologies Corp. (NASDAQ:SPCX). The company's public debut has now raised questions about whether we will see an IPO for Starlink, a subsidiary of SpaceX. Here's What...

The U.S.-Iran agreement has set Israeli Prime Minister Benjamin Netanyahu on a “collision course” with President Donald Trump, according to a report published on Monday. A Major Rift Brewing? An Israeli official told Reuters that the preliminary agreement is “terrible” for...

Galaxy Digital (NASDAQ:GLXY) CEO Mike Novogratz says Bitcoin (CRYPTO: BTC) is heading back above $70,000 and that Washington will eventually inflate its way out of debt, but the one trade making him uneasy is the biggest IPO in history. Speaking on his “All Things Markets” podcast with...

Vice President JD Vance worked the morning shows Monday to sell a landmark U.S.-Iran agreement to reopen the Strait of Hormuz, a deal President Donald Trump said Vance could sign for the U.S. on Friday in Switzerland. The framework, reached Sunday and set for a formal signing on June 19, jolted...

Elon Musk’s SpaceX (NASDAQ:SPCX) on Friday pulled off the biggest IPO in history, pricing near $1.78 trillion, then jumping about 19% on debut to close above $2 trillion. Weeks earlier, rival Blue Origin watched a rocket explode on the pad in a fireball compared to a nuclear blast. The...

Kalshi once paid a roster of Yale debate champions to bulletproof the wording of its prediction market contracts. Now an AI named Harrison does much of the heavy lifting. That AI runs on Anthropic’s Claude model, and it helped power the exchange’s biggest month on record. Kalshi cleared...

President Donald Trump‘s declaration that the U.S.-Iran peace deal is “now complete” has minted at least one outsized winner on Polymarket. A pseudonymous trader known as wan123 booked more than $1 million in profit over a single day, according to public portfolio data, as the...

Steve Eisman, the “Big Short” investor who shorted subprime before the 2008 crash, says the AI trade has fundamentally changed, and Alphabet Inc. (NASDAQ:GOOGL) just proved it by raising roughly $85 billion in new equity, its first such raise since its 2004 IPO. Speaking on his latest...