News

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.

China’s factory activity beats forecasts in May, private survey shows, despite softer official data

China’s manufacturing activity expanded faster than expected in May, according to a private survey released Monday, although growth slowed from April.

Berkshire Hathaway makes $6.8 billion housing bet with Taylor Morrison deal

The acquisition marks one of the first major strategic deals under Warren Buffett's successor Greg Abel, who took over as CEO in the beginning of 2026.

Former Barclays CEO Jes Staley agrees to July 23 interview about Jeffrey Epstein by Oversight panel

Microsoft co-founder Bill Gates is scheduled to be interviewed about his relationship to the sex offender Jeffrey Epstein in June.

Two months, $2.6 billion: How NASA ETF turned SpaceX IPO access into a hot retail trade

With Elon Musk's SpaceX IPO ahead, retail investors are rushing into space-themed ETFs including NASA which offers direct access to the rocket company.
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