Renowned investor Ross Gerber likened prediction markets to "illegal sports betting" on Wednesday, December 3, amid a legal crackdown on such platforms.
The US Federal Reserve, through its ultra-loose monetary policies, has inflated a series of asset bubbles – AI Bubble, Housing Bubble (HB) 2.0, and the Bond Bubble – and the bursting of these bubbles is very likely to start in 2026.
Kevin O'Leary believes that selling AI chips globally is key to maintaining American dominance in technology.O'Leary advises against restricting sales of AI chips to China, arguing it would push them to develop their own and hurt US interests.
For decades, silver was the overlooked sibling of gold—until now. In a historic move, the U.S. government has officially declared silver a “critical mineral,” elevating its status to that of lithium, copper, and rare earths for the first time ever.
Target shares are near their lowest price in about six years. That’s resulted in an attractive 5% dividend yield. But can investors rely on the hefty yield while they wait for the stock price to recover?
Market indexes shook off any lingering doubts they had through morning trading hours and shifted into solid, steady gains before tapering off slightly toward the end of the session.
Sen. Bernie Sanders renews criticism of extreme wealth concentration, highlighting how tech billionaires Elon Musk, Jeff Bezos, and Mark Zuckerberg have more wealth than the bottom 50% of US households. Sanders calls it evidence of a rigged economy and compares the situation to millions struggling with poverty.
Jared Isaacman repeatedly refused to say whether Elon Musk was present when Donald Trump offered him the NASA administrator job, prompting senators to question his ties to SpaceX and raising fresh concerns about potential conflicts of interest.
IQVIA Holdings has significantly outperformed the broader S&P 500 Index in recent months, and analysts remain strongly bullish on the stock’s prospects.
Lululemon Athletica has significantly underperformed the Nasdaq Composite over the past year, and analysts remain cautious about the stock’s prospects.
Polyrizon surged in nearly 140% after-hours trading following preclinical data showing its naloxone hydrogel outperforms a marketed spray and a key manufacturing milestone.
Here’s an eye-popping chart: the volume of futures this century. As you can see, with the exception of a post-financial crisis lull spanning 2009-2015, it’s been amazing.
Defense Secretary Pete Hegseth claimed "total exoneration" after a Pentagon review found he shared sensitive Yemen strike information via Signal on his personal device, though the report did not rule on whether the information was classified, drawing criticism from lawmakers over his judgment.
Cathie Wood's Ark Invest buys WeRide Inc. shares, showing confidence in the company's advancements in driverless vehicles. Stock closes at $9.12 with 5.19% increase. Other key trades include GeneDx, Iridium, and Ibotta. WeRide ranks in 12th percentile for Momentum according to Benzinga Edge.
Markets keep grinding higher. Combine that with that big range below us, and this Breakout Pullback could be a massive payday. I see 3 ranges on the charts tonight, with 3 breakout pullbacks setting up for tomorrow…
Pennsylvania Gov. Josh Shapiro accused Kamala Harris of lying about him in her new memoir, causing tensions among Democrats. Shapiro also criticized Harris for losing ground in blue-collar regions and for her handling of the vetting process. Other Democrats have also spoken out against Harris's book, including Gavin Newsom and Pete Buttigieg.
We could be in this 4% to 4.1% trading range (US 10yr yield) for a bit before we break out. We'd view a break below as temporary (perhaps into the turn of the year), and a break above as more structural, certainly something for 2026
Leading cryptocurrencies lifted alongside stocks on Wednesday, as soft private jobs data strengthened investor hopes that the Federal Reserve would slash interest rates next week.
Nvidia CEO Jensen Huang's journey from mistakenly being sent to a Kentucky reform school as a child to building a trillion-dollar tech empire highlights how early hardship shaped one of the most influential leaders in the global AI industry.
Gold and silver were under pressure most of the day, finishing unchanged. The Dollar continued its slide, giving up the 99 handle. VIX continued to retreat into complacency.
