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Traders on Kalshi now think it's likely that the S&P 500 will hit 8,000 in 2026

The rise in odds come after the broad index hit record highs in a more than 5% four-day rally that ended Wednesday.

Fed Governor Cook says she's 'prepared to act' on rate hike to address inflation

Cook was part of a 9-3 majority that voted last week to keep the central bank's benchmark borrowing rate in a range between 3.5%-3.75%.

As Warsh and the Fed contemplate fewer meetings, markets brace for potential volatility ahead

Since taking office in May, Warsh has implemented several measures that reverse decades of Fed culture.

Bank of America spends $250 million a year on GLP-1 drugs for its employees, CEO says

Employers have grappled with soaring demand for GLP-1 drugs such as Ozempic and Wegovy, which can cost thousands of dollars per patient annually.

Situational Awareness hedge fund meltdown was a warning shot for leveraged markets, BofA CEO says

Bank of America was among the prime brokers for the hedge fund, which is run by Leopold Aschenbrenner.

Ken Griffin's Citadel posts best month in years after scooping up Situational Awareness stocks

The July gains came after Citadel acquired the bulk of the public-stock portfolio formerly held by Situational Awareness late last month.

Michael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall'

"I continue to believe it is possible we are near a major top, and possible a 1987-type fall," Burry said in a Tuesday Substack post.

Polymarket in talks for fundraising round at more than $20 billion valuation

The reports come after the company told CNBC in June that its annualized revenue was well above $1 billion.

Philadelphia Fed President Paulson content with rates at current level, but keeping an open mind

Paulson said voting with the majority last week wasn't a tough decision.

Jeff Bezos just filed to sell $4 billion in Amazon. The shares are falling

The filing came after Amazon climbed to an all-time high on Monday, extending gains sparked by last week's quarterly results.

Kalshi strikes partnership with compliance tech firm to help companies police insider trading

The company will announce a partnership with Comply, a compliance technology company, on Tuesday, Kalshi told CNBC.

Kalshi traders think July jobs report will come in slightly cooler than economists’ predictions

Speculators on the platform place just under 50-50 odds that employers added more than 80,000 jobs in July.
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