News

Bitcoin set to slump to new lows for 2026 after recent sell-off, traders forecast

The cryptocurrency is likely to break below its lows hit in early February, traders on prediction market Kalshi believe.

Morgan Stanley will soon open its trillion-dollar wealth management funnel to AI agents

Morgan Stanley's move is one of the earliest instances of a major Wall Street bank opening its platforms to external AI tools.

Fed Chair Warsh makes first hires at central bank, including ‘Project 2025’ author

The new Fed chair has made his first hires. One wrote the Fed chapter in conservative policy blueprint "Project 2025."

Traders say Karen Bass and Spencer Pratt will advance to runoff in high-profile L.A. mayoral race

Los Angeles voters go to the polls Tuesday. If no candidate receives more than 50%, the top-two vote getters will advance to a November runoff.

Goldman Sachs CEO David Solomon says markets are in 'greed' mode as AI companies seek billions

Goldman Sachs CEO David Solomon's comments come as investors prepare for what will be one of the busiest periods for equity issuance in years.

Polymarket closes its first block trade as prediction markets push for Wall Street adoption

Prediction market platforms have increasingly looked to institutional traders, not individual ones, as the next venue for growth.

Greg Abel just made his first big deal as Berkshire CEO. Why Warren Buffett is happy

Berkshire's purchase of homebuilder Taylor Morrison gives the conglomerate a larger foothold in housing and appears to have been struck at a bargain valuation.

Individual traders drove Kalshi’s rise. Now, it’s going for Wall Street

In a series of moves in 2026, the prediction market platform in the U.S. is working to make its event contracts more attractive to institutional trading.

Rubio odds for GOP 2028 nominee close to overtaking Vance on Kalshi

Vice President Vance has seen his odds slip since the start of the year, as the secretary of State's chances have been buoyed by international conflicts.

Nvidia, Meta and Schlumberger rank among top companies adopting AI, new study says

The AI-Driven Enterprise Institute released new research that breaks down how well S&P 500 companies are adopting AI compared to their peers.

'Disrupted or dead': AI is crushing a generation of startups built before ChatGPT

The AI boom that has funneled more than $250 billion into OpenAI and Anthropic has left hundreds of startups built before ChatGPT's arrival in 2022 stranded.

Nvidia picks Unitree for humanoid robot platform as Chinese startup eyes IPO

The U.S. chipmaker's first publicly available humanoid robotics system will use humanoids from Chinese startup Unitree.
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