Former BitMEX CEO Arthur Hayes is betting that the artificial intelligence boom will eventually produce a familiar outcome: too much investment, a crash and, ultimately, a bailout that sends crypto higher.
The dollar index (DXY00 ) fell by -0.32% on Tuesday, falling back from Monday’s 1.5-year high. The widening of the US Aug trade deficit to a 17-month high was bearish for the dollar. Also, lower T-note yields on Tuesday…
The S&P 500 rose to an all-time intraday on Tuesday, touching 7844.52 and surpassing its August 13 intraday peak when it hit 7,830. The benchmark also closed for the first time over 7,800.
CNBC's Jim Cramer said Tuesday that some of the best ways to invest in the artificial intelligence boom are established tech giants with multiple opportunities to capitalize on the technology.
Corn and soybean futures moved sharply higher on Tuesday, October 6, after USDA crop data showed harvest progress trailing expectations and crop conditions deteriorating. December corn gained 10.75 cents and January soy…
FAIRBANKS, Alaska, Oct 6 (Reuters) - US Vice President JD Vance said in an exclusive interview with Reuters that Iran must make a “meaningful” reduction in its nuclear enrichment capacity to satisfy US demands and end t…
Corn and soybean futures moved sharply higher on Tuesday, October 6, after USDA crop data showed harvest progress trailing expectations and crop conditions deteriorating. December corn gained 10.75 cents and January soy…
December ICE NY cocoa (CCZ26 ) is down -146 (-2.49%) today, and December ICE London cocoa #7 (CAZ26 ) is down -134 (-3.06%). Cocoa prices are sharply lower today, pressured by rising ICE cocoa inventories. On Monday, IC…
With less than a month until midterms, Kalshi is launching three features on its election contracts to ensure traders have more transparency on how active and accurate its markets are.
The Emmy Awards will leave its long-running broadcast network rotation for Amazon Prime Video in 2027 under a six-year exclusive global streaming deal, the e-commerce giant and the Television Academy announced on Tuesda…
The unexplained death of a lab technician at a Russian research institute handling plague bacteria has raised questions among infectious disease experts, who say the circumstances surrounding the case are unusual and ke…
British Airways is building what it calls the "world's largest" business-class cabin and ripping out dozens of coach-class seats, the starkest example yet of how airlines are betting their future on high-spending travel…
The co-portfolio manager at Heartland Advisors urges investors to shut out Wall Street’s hype on AI and look for companies that can use its technology as costs come down.
December arabica coffee (KCZ26 ) is up +12.00 (+4.10%) today, and November ICE robusta coffee (RMX26 ) is up +70 (+1.98%). Coffee prices are climbing today for the third consecutive session, with arabica posting a 3.5-w…
Supreme Court Justice Samuel Alito plans to remain on the court through at least next summer, even if Democrats regain majority control in the Senate from Republicans in November's midterm election, he said in a new rep…
Startup Edge Markets is building an automated system that allows institutions to authorize capital for prediction markets and helps companies move money to cover margin calls even when traditional banking systems are cl…
China's DeepSeek is considering expanding its latest funding round to as much as 100 billion yuan ($14.9 billion), double its earlier target, with state-backed funds and corporate investors jostling for stakes, people f…
Anduril won an up to $2.9 billion contract with the U.S. Navy on Tuesday to boost submarine production, days after co-founder Palmer Luckey was named to a Pentagon future weapons task force.
In a state that hasn't elected a Democratic senator since 1932, Republican Sen. Roger Marshall suddenly finds himself in a competitive race with weeks to go until the 2026 midterm elections.