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Prediction markets are fueling a high-stakes brawl between states and federal regulators

Sixteen states are in legal proceedings against prediction market platforms, while one state has moved to ban them. from Finance https://ift.tt/Zog4VNX via IFTTT

SpaceX, OpenAI valuations would mean they leapfrog Berkshire Hathaway on first day of trading

Traders on prediction market Polymarket think SpaceX, OpenAI and Anthropic on their first day of trading will surpass valuations of at least $1.4 trillion. from Finance https://ift.tt/Z8c7zIq via IFTTT

Japan’s megabanks post record profits, but analysts warn growth may slow as risks mount

Japan's largest lenders may face some challenges to keep profit levels at record highs, amid higher credit costs and current geopolitical risks from Finance https://ift.tt/e6rwu17 via IFTTT

Stocks making the biggest moves after hours: Nvidia, Intuit, e.l.f. Beauty and more

These are the stocks posting the largest moves in after-hours trading. from Finance https://ift.tt/svJwm7M via IFTTT

OpenAI takes the lead in AI IPO horse race: 'Getting to public markets first is very important'

It comes after reports that the AI giant and ChatGPT owner is set to file confidentially for an IPO as soon as this week. from Finance https://ift.tt/9K0xaFs via IFTTT

Fed officials see rate hike ahead if inflation stays elevated, minutes show

A majority of officials anticipated that interest rate increases would be necessary if the Iran war continued to aggravate inflation. from Finance https://ift.tt/9EJ2iXN via IFTTT