Finance

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Hong Kong's IPO boom is developing a performance problem

Hong Kong's IPO boom is developing a performance problem

As Hong Kong vies with Wall Street to be the top IPO market, a growing number of...

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This startup wants to reduce payment friction on prediction markets

This startup wants to reduce payment friction on prediction...

EDGE Markets is announcing two new products to solve payment issues in prediction...

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Electric vehicle giant BYD predicts 80% of China car sales will soon be electric

Electric vehicle giant BYD predicts 80% of China car sales...

BYD expects China's competitive electric vehicle market to continue growing, even...

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JPMorgan Chase plans to deploy more powerful AI agents this year

JPMorgan Chase plans to deploy more powerful AI agents...

JPMorgan Chase's move suggests long-running AI agents are close to clearing the...

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Kalshi trading in 'perps' crosses $1 billion in volume within a week of launch

Kalshi trading in 'perps' crosses $1 billion in volume...

A spokesperson for the company said that the product is the fastest growing in the...

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Beijing escalating AI espionage to catch up with the U.S. on tech, cybersecurity firm says

Beijing escalating AI espionage to catch up with the U.S....

U.S. cybersecurity giant CrowdStrike said China-based entities made over half of...

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Regulators' proposed prediction markets rules ban trading on terrorism, assassinations

Regulators' proposed prediction markets rules ban trading...

The proposed rules from the commission will now face a public comment period.

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North Carolina treasurer passes on SpaceX citing valuation concerns; favors OpenAI, Anthropic

North Carolina treasurer passes on SpaceX citing valuation...

North Carolina has invested heavily in AI startups OpenAI and Anthropic while avoiding...

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Stocks making the biggest moves midday: Super Micro, Cracker Barrel, Robinhood Markets, truckers & more

Stocks making the biggest moves midday: Super Micro, Cracker...

These are some of the stocks posting the largest moves midday.

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Citigroup shares outperform down market after Trump endorsement

Citigroup shares outperform down market after Trump endorsement

Jane Fraser-led Citi fell 1%, less than the rest of the market and some other major...

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KKR says AI productivity boom to keep on going — but warns of 'extreme' trend not seen since the 19th century

KKR says AI productivity boom to keep on going — but warns...

KKR said in its mid-year outlook Thursday that AI will drive economic growth for...

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Gold slumps to 6-month low even as inflation fears rise. Here's why bullion is out of favor

Gold slumps to 6-month low even as inflation fears rise....

The yellow metal is at its lowest level of the year as potential interest rate increases...

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From startup to $1.8 trillion: The investors who took a chance on SpaceX now reap the rewards

From startup to $1.8 trillion: The investors who took a...

With SpaceX seeking an IPO valuation of nearly $1.8 trillion, early bets are poised...

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SpaceX to close above $2 trillion market cap on its debut, prediction market traders say

SpaceX to close above $2 trillion market cap on its debut,...

Traders on Polymarket think it's likely SpaceX will join a group of just six companies...

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SpaceX cuts retail IPO allocation to low 20% range, source says

SpaceX cuts retail IPO allocation to low 20% range, source...

The Elon Musk-led company plans to direct a percentage in the low 20s of the offering...

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SpaceX raising $75 billion in record-setting IPO as Nasdaq debut awaits

SpaceX raising $75 billion in record-setting IPO as Nasdaq...

SpaceX is selling 555.6 shares at $135 a piece, raising $75 billion in the largest...