New York Stock Exchange parent to buy stake in Polymarket
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While some industry pundits expect sky-high growth from quantum computing stocks, with Boston Consulting Group projecting $450 billion to $850 billion in economic value created by this technology come 2040, there's quite a bit of frothiness built into the valuation of Amazon's newest investment.
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Wall Street rises a day after breaking a 7-day winning streak while gold continues to push higher
U.S. stocks are edging higher, a day after breaking their seven-day winning streak, while the price of gold is pushing further past $4,000 per ounce
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S&P 500 Eyes 7,000 as Wall Street Predicts 9,000 Next Year
As U.S. stock markets continue to set new all-time highs, Wall Street analysts are suggesting that the Standard & Poor’s (S&P 500) index, currently hovering around the 6,700s, could break through the 7,
Tether, Kraken, and Circle are leading a surge in crypto IPOs and capital-raising, pulling the industry deeper into mainstream finance. Public listings force crypto firms to embrace governance, compliance,
U.S. stocks edged up to more records. The S&P 500 rose 0.1% Thursday. The Dow Jones Industrial Average added 0.2%, while the Nasdaq composite climbed 0.4%.
Plus, NorthPark Center’s $900M debt to buyout JPMorgan, Uptown scores another office sale and more Texas real estate news.
U.S. stock indexes drifted lower as a seemingly relentless rally on Wall Street takes at least a pause. The S&P 500 slipped 0.3% Wednesday for a second straight, modest loss.
Launched in 2020, the New York City-headquartered Polymarket is the world’s largest prediction market. It lets traders predict events like future Bitcoin price, election results, government shutdown, Federal Reserve policy, etc., by paying with cryptocurrency. The agreement values Polymarket at approximately $8 billion pre-investment.