News

Kalshi makes move to court crypto traders with tokenized betting contracts

Tokenization refers to creating a digital version of a real-world financial asset such as a stock, bond or treasury note.

As regime change looms at the Fed, one candidate emerges as frontrunner for chair

President Donald Trump knows who he's going to select as the next Federal Reserve chair but isn't saying yet.

Goldman Sachs acquires ETF firm for $2 billion in latest deal to bolster asset management division

Goldman Sachs has made asset and wealth management a priority since pivoting away from a consumer banking push.

'Green light' away from AI trade: Two ETF executives see a key market shift underway

Markets may have entered a new cycle. Here's why.

SEC investigates Jefferies over First Brands collapse, report says

The FT said the SEC is looking into whether Jefferies gave investors enough information on their exposure to the failed auto business.

Nvidia namechecks Michael Burry in secret memo pushing back on AI bubble allegations

The chipmaker quietly circulated a private memo to analysts that explicitly namechecked investor Michael Burry and pushed back on many of his claims.

Michael Burry's next 'Big Short': An inside look at his analysis showing AI is a bubble

The investment world is "expecting far more economic importance out of this technology than is likely to be provided," Burry's associate portfolio manager said.

Blackrock's iShares bitcoin fund sees record exodus as crypto heads for worst month since 2022

Blackrock's spot bitcoin ETF has so far seen $2.2 billion worth of outflows in November as its underlying crypto continues to crater.

Michael Burry launches newsletter to lay out his AI bubble views after deregistering hedge fund

"The Big Short" investor is capitalizing on the massive audience he's built on X, where 1.6 million followers have long parsed his cryptic posts.

One Fed official may have saved market from another rout. Why John Williams' remarks matter so much

With his position comes membership in the Fed's leadership troika, a group that also includes Chair Jerome Powell and Vice Chair Philip Jefferson.

Bitcoin continues slide that's roiling markets, threatens to break below $80,000

Bitcoin almost dipped below its critical $80,000 support level.

Robinhood shares head for brutal weekly loss as bitcoin, AI stocks are hit hard

The platform's core business relies on retail investors pouring into speculative corners of the market, particularly crypto and AI-linked stocks.
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