News

NYSE-owner Intercontinental Exchange rises after it takes $2 billion stake in Polymarket

Intercontinental Exchange rose more than 3% in the premarket after the company announced it took a $2 billion stake in prediction markets platform Polymarket.

World Bank raises China growth forecast to 4.8% despite U.S. trade tensions

The World Bank now projects 4.8% growth for China, up from 4.0% predicted earlier this year.

Mike Novogratz's Galaxy Digital jumps after launching retail trading app to rival Robinhood

Galaxy Digital introduced a commission-free trading platform, Galaxy One, which offers services similar to those of Robinhood.

Paul Tudor Jones says ingredients are in place for massive rally before a 'blow off' top to bull market

Paul Tudor Jones said today's market is reminiscent of the setup leading up to the burst of the dot-com bubble in late 1999.

Investors may want to consider boosting their exposure abroad — even with U.S. stocks around record highs

"Home bias is about as bad as it's ever been in the United States," ETF.com's Dave Nadig told CNBC's "ETF Edge" this week.

Bitcoin rallies to within 1% of all-time high, gaining safe-haven status during shutdown

Bitcoin is trading within striking distance of its record price as the U.S. government shutdown enters its third day.

From data to culture: How international brands are trying to crack the code on the fickle Chinese consumer

Western brands are revamping efforts to reach the Chinese consumer despite the economic slowdown.

Chicago Fed President Goolsbee 'a little wary' about cutting interest rates too quickly

The central banker indicated that pressure is coming to both sides of the Fed's so-called dual mandate of stable prices and low unemployment.

Walmart-backed fintech OnePay is bringing crypto to its banking app, sources say

The move shows that OnePay, founded by Walmart and venture firm Ribbit Capital in 2021, sees crypto as a core offering as it builds out its "everything app."

Berkshire Hathaway to buy Occidental's OxyChem for $9.7 billion, in Buffett's biggest deal in three years

Warren Buffett is staying active even as he gets ready to hand over the CEO reins at the end of this year.

Trump Jr. dismisses crypto conflicts of interest, says dad’s not checking blockchain ledgers

Donald Trump Jr. and Zach Witkoff dismissed concerns regarding the project's political ties as "complete nonsense," at a major crypto event in Singapore.

SK Hynix shares hit 25-year high, Samsung also surges as chipmakers partner with OpenAI

The partnership will "focus on increasing the supply of advanced memory chips essential for next-generation AI and expanding data center capacity in Korea."
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