CANNES — Ten years ago, Vitalik Buterin and a small band of developers huddled in a drafty Berlin loft strung with dangling lightbulbs, laptops balanced on mismatched chairs and chipped tables. They weren’t corporate titans or venture-backed founders — just idealists working long nights to push a radical idea into reality. From that sparse office,…
Nurphoto | Nurphoto | Getty Images Elon Musk is now a driving force in prediction markets. Musk’s xAI on Thursday announced a partnership to integrate its artificial intelligence chatbot Grok with Kalshi‘s prediction markets service. In June, xAI announced a similar deal with Polymarket, a Kalshi rival. Kalshi, the company that turned heads with a made-with-AI…
The logo for the U.S. tech firm Block is displayed and reflected in numerous digital screens in London, England, on March 3, 2023. Leon Neal | Getty Images Block shares jumped 7% on Monday after S&P Global said the company will join the S&P 500, replacing Hess, which was acquired by Chevron for $54 billion….
CNBC’s Jim Cramer on Monday listed four stocks he thinks have momentum, powered by excitement from retail investors — Palantir, AppLovin, Robinhood and Coinbase — dubbing the group “PARC.” “These PARC names are emblematic of how stocks have devolved into a two-track market,” he said. “There’s the S&P 500, and then there’s this handful of…
Conventional wisdom holds that as we get closer and closer to the coming deadline for tariff resolution, the market will become more treacherous, especially for highly valued stocks. I don’t know who writes these stories. I always check the bylines and I have never worked with them or hired them. I will tell you this: their…
Jonathan Raa | Nurphoto | Getty Images Ether climbed to end the week as President Donald Trump signed the GENIUS Act stablecoin legislation into law, while bitcoin and its proxies took a breather. The price of ether was last higher by 4% at $3,578.67, according to Coin Metrics, trading at highs not seen since January…
Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, U.S., March 25, 2021. Handout | Via Reuters Block jumped more than 5% on Monday, leading a rally in shares of…
Robinhood stock hit an all-time high Friday as the financial services platform continued to rip higher this year, along with bitcoin and other crypto stocks. Robinhood, up more than 160% in 2025, hit an intraday high above $101 before pulling back and closing slightly lower. The reversal came after a Bloomberg report that JPMorgan plans…
Tom Lee, managing partner and head of research at Fundstrat Global Advisors, speaking on CNBC’s “The Exchange” on Oct. 31, 2023. Adam Jeffery | CNBC Tom Lee’s Fundstrat Capital rose to prominence with timely macroeconomic calls on the market, and now his new ETF is flexing the firm’s stock picking prowess. The Fundstrat Granny Shots…
Robinhood CEO Vlad Tenev says it’s not “entirely relevant” that the trading platform’s so-called tokenized shares of OpenAI and SpaceX aren’t technically equity in the companies. It comes after OpenAI raised concerns about the product, which is designed to give users in the European Union exposure to various U.S. stocks — including private companies, which…
