Kalshi and Polymarket. Gabby Jones | Bloomberg | Martin Lelievre | Getty Images High volume and short-term markets that ask simple questions with clear resolution rules — that’s the formula Evercore ISI strategists say make prediction markets helpful for forecasting. Led by Julian Emanuel, they found contracts with higher volume produce more reliable probabilities than…
It may be a holiday-shortened week of trading on Wall Street. But the four days are filled with updates on some of the market’s biggest debates: Is AI eating software? Is the American consumer OK? And what’s happening with inflation? Let’s get into it. 1. Earnings: Salesforce reports on Wednesday night. Unfortunately, the stock has…
Cracking towers stand beside access roads at the Ruwais refinery and petrochemical complex, operated by Abu Dhabi National Oil Co. (ADNOC), in Al Ruwais, United Arab Emirates. Bloomberg | Bloomberg | Getty Images Oil markets are nearing minimum operating levels in Asia, with Europe likely next and the U.S. potentially facing shortages by July, said…
NEW YORK, NEW YORK – SEPTEMBER 22: General David H. Petraeus (US Army, Ret.) speaks onstage during the 2025 Concordia Annual Summit at Sheraton New York Times Square on September 22, 2025 in New York City. (Photo by Riccardo Savi/Getty Images for Concordia Annual Summit) Riccardo Savi | Getty Images Entertainment | Getty Images Iran…
Shares in Delivery Hero rose over 10% on Monday morning following a Financial Times report that U.S. rival Uber weighed an improved bid for the German food delivery firm. Delivery Hero confirmed in a statement on Saturday that it had received a takeover offer from Uber of €33 ($38.29) per share, which would value the…
A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office in Seongnam on Jan. 26, 2024. Jung Yeon-je | Afp | Getty Images London — Outsized returns for memory-related stocks have helped fuel substantial gains in U.S. and South Korean equity markets in recent years — but…
European stocks opened higher on Monday as hopes for a deal between the U.S. and Iran rose over the weekend. Shortly after the opening bell, France’s CAC 40 added 0.9%, while Germany’s DAX rose 0.8%. The U.K’s FTSE 100 is closed for a public holiday. Stocks in Europe are tracking their Asian counterparts higher after…
Tingbo He, president of Huawei semiconductor, presents at an industry conference in Shanghai on May 25, 2026. Huawei SHANGHAI — Chinese tech giant Huawei on Monday touted a new approach to developing advanced semiconductors despite U.S. sanctions, as Nvidia struggles to sell its high-end chips in China. Huawei said it developed a new engineering approach…
A housewife (R) buys vegetables at a wet market in Singapore Roslan Rahman | Afp | Getty Images Singapore on Monday reported a lower-than-expected rise in consumer prices for April at 1.8% on the back of a smaller increase in services and retail inflation. Reuters-polled economists had estimated inflation at 2%. Core inflation — which…
Japan’s Nikkei 225 breached 64,000 for the first time Monday as a sharp decline in oil prices lifted risk sentiment in holiday-thinned trading. Source link
