Economics & Finance
Short sellers reap more than $2.3bn profit betting against gambling companies
Hedge funds are capitalizing on online gambling stocks' decline, driven by US prediction market growth and UK tax hikes.
Polymarket Is Said to Seek Japan Market Approval in Global Push
Polymarket is pushing to enter Japan's restrictive gambling market by 2030, betting on regulatory approval amid global legal and competitive pressures.
AI Speedrun - OpenAI takes the lead in AI IPO horse race: 'Getting to public markets first is very important'
OpenAI's reported imminent IPO filing has sharply reversed prediction market odds, positioning it to beat Anthropic in the race to become the first major AI company to go public.
Commodity Desk - Massive Options Bet Rattles Oil Market On Edge Over Iran War
A massive, unexplained Brent crude options trade is amplifying market jitters and integrity concerns amid geopolitical volatility and regulatory scrutiny.
Polymarket Deepens Push to Allow Bets on Value of Hot Startups
Polymarket's Nasdaq Private Market partnership expands contracts on unlisted companies, tapping retail investor demand for pre-IPO exposure amid regulatory gray areas.
Kalshi, Polymarket Defy India Ban on Online Betting Platforms
Prediction markets like Polymarket and Kalshi defy India's gambling ban, testing global regulatory limits as they expand.
New ATH: 332,230 Wallets Now Hold 10,000+ XRP As Price Remains Flat
Although the price of XRP has been moving flat recently, on-chain data shows that whales have been buying this coin behind the scenes. Notably, there are now 332,230 wallets that hold over 10,000 XRP coins. This is a new ATH for XRP. Not only that, this milestone
Nvidia earnings call drama: Will Jensen Huang talk 'Trump' and China chips after Xi summit?
Prediction markets are using Nvidia's earnings call to wager on geopolitical risks, from Trump mentions to tariffs and Taiwan tensions.
Weekly Casserole - After the Hottest IPO Debut (Cerebras) of the Year, Will SpaceX Top Over It, and What Next?
Cerebras Systems’ explosive Nasdaq debut has propelled the chip designer into the $100 billion club, boosting AI infrastructure landscape yet again, as it pivots from hardware sales to a direct cloud offensive against titans like Google and Microsoft. With OpenAI once eyeing the company as a "secret weapon"
There’s Still Time to Make Prediction Markets Useful
Deregulation has fueled a prediction market boom, but the resulting sports-dominated platforms now face a reckoning over whether they are gambling or socially useful forecasting tools.
Macro & Micro Compass - Nearly 40% chances of stagflation by end of 2026, traders say
Markets now see a 40% chance of stagflation versus just 21% for a soft landing, reflecting fading economic optimism.
Virtu Starts Trading on Kalshi as Event Bets Draw in Wall Street
Institutional market-makers like Virtu Financial are entering prediction markets, legitimizing them as a new asset class despite ongoing regulatory and legal uncertainties.
