Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 25, 2025. Tierney L. Cross | Bloomberg | Getty Images Prediction markets swung sharply Friday after President Donald Trump said Kevin Warsh has risen…
Goldman Sachs Asset Management is making a big bet on defined outcome exchange-traded funds — also known as buffer ETFs, which use options to help protect against market losses. This month, Goldman Sachs agreed to buy defined outcome ETF provider Innovator Capital Management for $2 billion. The deal is expected to close in the first…
Investors are facing a period of historically high concentration in the S&P 500 Index headed into 2026, with a small number of mega-cap technology and AI-related companies dominating the index’s performance and risk. That’s leading more investment managers to advise clients as part of an annual portfolio review process to pay extra attention to opportunities…
Feature China | Future Publishing | Getty Images Coinbase is gearing up to launch an in-house prediction market, powered by Kalshi, a source close to the matter told CNBC — a strategic play to expand the number of asset classes available on the cryptocurrency exchange at a time when some investors are shying away from…
A Kalshi billboard displaying New York City mayoral election odds in New York, US, on Monday, Oct. 27, 2024. Michael Nagle | Bloomberg | Getty Images Kalshi bettors can now buy and sell tokenized versions of their wagers on Solana, the company told CNBC exclusively on Monday. It’s the latest sign the prediction market company…
A key rotation away from artificial intelligence stocks may be underway in the market. According to Astoria Portfolio Advisors’ John Davi, a broader range of stocks are getting a “green light” because liquidity is returning to the system. “The Fed cut rates four times last year. They cut rates twice already. They’re going to go again…
CHONGQING, CHINA – JULY 17: In this photo illustration, a person holds a physical representation of a Bitcoin (BTC) coin in front of a screen displaying a candlestick chart of Bitcoin’s latest price movements on July 17, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images) Cheng Xin | Getty Images News | Getty…
Omar Marques | Lightrocket | Getty Images Robinhood shares suffered brutal weekly loss as the once-red-hot trades in bitcoin and AI stocks that powered its growth lost momentum. The popular brokerage platform saw the stock decline 12.4% this week. The stock tumbled 10.1% on Thursday and rebounded 1% Friday. November alone has erased 27% of…
Federal Reserve officials were at odds during their October meeting over cutting interest rates, divided over whether a stalling labor market or stubborn inflation were bigger economic threats, minutes released Wednesday showed. While the Federal Open Market Committee approved a cut at the meeting, the path forward looks less certain. Disagreements stretched into the outlook…
Warren Buffett ahead of the Berkshire Hathaway Annual Shareholder Meeting in Omaha, Nebraska, in 2023. David A. Grogan | CNBC Alphabet shares jumped Monday after Warren Buffett’s Berkshire Hathaway revealed a new stake in the Google parent, marking one of the conglomerate’s most significant technology bets in years. Alphabet shares were up 5.5% in morning…
