Piper Sandler renewed coverage of Jim Cramer’s least favorite portfolio tech name with a buy. We’re talking about custom chipmaker Broadcom , which analysts at Piper called the “ASIC compute king” in a new note to clients. ASIC stands for application-specific integrated circuit. They set a $460 price target on the stock, representing more than…
There’s an old trader saying: “Don’t put on a position that won’t let you sleep at night.” Perpetual futures, known as “perps” in short, are literally designed to do the opposite. Blockchain-enabled, 24/7-traded, never-expiring ‘futures’ – a label now legally contested by the Chicago Mercantile Exchange – are growing so fast overseas that they almost…
Abdul El-Sayed, left, and Rep. Haley Stevens, D-Mich., are the Democratic Senate candidates from Michigan. Getty Images Abdul El-Sayed, the progressive, anti-establishment Democrat running for Senate in Michigan, likely defeated Rep. Haley Stevens in one of the most closely watched and impactful primary elections of the 2026 midterms. El-Sayed was ahead of Stevens by one…
Sports prediction markets are having a gold-rush moment. Enthusiasm around the World Cup and NBA finals led Kalshi to set a new daily record Saturday for trading volume at $1.2 billion. A wave of companies is trying to stake a claim, hoping to follow suit and strike it rich in what JB Mackenzie, Robinhood’s head…
