Washington is suing Kalshi as states step up legal pressures against futures markets

Washington is suing Kalshi as states step up legal pressures against futures markets

Washington state has become the latest to sue a prediction markets provider, after alleging Friday that Kalshi violated state gambling laws with its products. According to the complaint, Washington has a strictly regulated gambling market, including a ban on online gambling, but Kalshi’s products bypass these laws. “Kalshi’s website and app show customers a number … Read more

Markets Watchdog Passes Amid Iran Insider Trading Allegations

Markets Watchdog Passes Amid Iran Insider Trading Allegations

Last Saturday, while the world markets were closed, President Donald Trump issued a serious threat to the leaders of Iran: Open the Strait of Hormuz within 48 hours or the United States will “destroy” the country’s energy plants. Then, shortly before American traders returned to work on Monday, Trump backed away from that weakness, announcing … Read more

Berkshire shares have their longest losing streak in more than 7 years

Berkshire shares have their longest losing streak in more than 7 years

(This is the Warren Buffett Watch newsletter, news and analysis of all things Warren Buffett and Berkshire Hathaway. You can subscribe Here to get it every Friday evening in your inbox.) Berkshire shares have their longest losing streak in more than 7 years Shares of Berkshire Hathaway have lost ground for eight consecutive days. It’s … Read more

This AI giant aims to reach $9 Trillion in Market Cap. Is the Stock a Buy? | The Motley Fool

An investor is studying something on a laptop at home.

Last year, the artificial intelligence (AI) giant. Nvidia it has reached a great climax. The company went beyond the technical experts Microsoft and apple to be the largest company in the world by market value. Nvidia surpassed its competitors – who a few years ago each occupied the space – and became the first to … Read more

Markets fall and US oil hits $100 as Trump fails to reassure Wall Street

Markets fall and US oil hits $100 as Trump fails to reassure Wall Street

President Donald Trump has a habit of bending the financial markets to his will. But with the war in Iran, he may have reached the limit of his ability to do so. On Friday, the S&P 500 closed up 1.7% and saw its fifth straight weekly decline, its worst performance since 2022 and a sign … Read more

Wall Street thinks there is a lot of trouble to be had when a new risk emerges in April

Wall Street thinks there is a lot of trouble to be had when a new risk emerges in April

Stocks got off to a strong start to the week after President Donald Trump revealed that the two countries are having “productive” talks about ending hostilities. Although there is a strong performance confirmed, few think that the bottom is “stocks” – as the sale started again later in the week – with another warning of … Read more

The S&P 500 could join other US indices in a correction next week. Here’s what comes first

The S&P 500 could join other US indices in a correction next week. Here's what comes first

The S&P 500 may soon join other US benchmarks in a correction as the Iran war continues into its fifth week. Stocks are falling fast, and each of the major averages is on pace to post a monthly loss as hopes for a quick resolution to the Middle East conflict give way to fear. This … Read more

Dan Patrick adds data centers, predictive analytics to regulatory priorities

Dan Patrick adds data centers, predictive analytics to regulatory priorities

Audio recording is automatically generated for accessibility. People wrote and edited the story. Check out our AI strategy, and give us feedback. Lt. Gov. Dan Patrick on Friday ordered state senators to study a wide range of policy issues before next year’s legislative session, including predictive markets, data centers, THC and others, expanding on the … Read more