Kalshi traders see growing odds that the Federal Reserve will hike rates this year after central bank policymakers indicated that higher rates could be in the cards.Chances of a Fed hike in 2026 surged to 57% on Wednesday night, up from 35% on Monday, according to the prediction markets platform....
Category: Investing
CME CEO Terrence Duffy says the exchange operator will sue CFTC over perpetual futures
Terry Duffy, CEO of CME Group Inc., speaks during the Piper Sandler Global Exchange and FinTech Conference in New York City, U.S., June 5, 2025. Adam Gray | ReutersOutgoing CME Group CEO Terrence Duffy said on CNBC's "Fast Money" on Wednesday afternoon that the exchange operator will sue the Commodity...
Moats vs. moonshots: The Warren Buffett-Elon Musk style debate
BECKY QUICK: You're taking me literally and stepping away from the real story here, which is kind of this war of words between you and Charlie and Elon. And I just want — do you even know Elon Musk?WARREN BUFFETT: I've never said anything to anyone about Elon. I mean,...
Unique SpaceX IPO is hedging challenge for Wall Street: ‘What are you going to do, short NASA?’
SpaceX will debut under the ticker 'SPCX' this Friday, and its options will begin trading on Tuesday, June 16th. It's a quick turnaround that leaves investors a little bit in the lurch. They'll have little time and a small sample size of activity to judge how the world's largest IPO will...
Chip rebound has one trader buying protection
Chip stocks are bouncing back Monday, but the rebound doesn't mean tech investors are in the clear.The PHLX Semiconductor Index (SOX) suffered its fifth-largest single-day decline in history. When a sector that has effectively anchored the entire macro tech narrative moves with that kind of violence, we shouldn't treat it...