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Source: CNBC News Agency
4 weeks ago
General Medium Importance AI Analyzed
Donald Trump Jr. told Republican state attorneys not to fight prediction markets, NY Times reports

Donald Trump Jr. told Republican state attorneys not to fight prediction markets, NY Times reports

Speaking before a group of Republican state attorneys general in March, Donald Trump Jr. said that states were being misled by gambling companies that are worried they'll lose their “monopolies,” The New York Times reported, citing four people familiar with his comments. The president's son serves as an advisor to Kalshi and Polymarket.

Source: CNBC
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Source: CNBC News Agency
4 weeks ago
General Medium Importance AI Analyzed
What Warsh will say and how the market will react, according to prediction markets

What Warsh will say and how the market will react, according to prediction markets

Prediction market traders give only 20% odds that Warsh will mention "bond market" and a 17% chance he says "yield curve," two terms that could refer to highs in yields last week. Kalshi odds also show less than a 10% chance the chairman will say "rate cut.

Source: CNBC
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Source: Reuters News Agency
4 weeks ago
General Medium Importance AI Analyzed
Trump to meet refiners, fuel retailers as Iran war pressures gas prices ahead of midterms, sources say

Trump to meet refiners, fuel retailers as Iran war pressures gas prices ahead of midterms, sources say

President Donald Trump ​is expected ‌to convene U.S. ​refiners and ​fuel retailers next ⁠week ​to highlight ​efforts to lower gasoline prices, ​as ​his administration seeks to ‌ease ⁠pressure on consumers from ​the ​Iran ⁠conflict ahead of ​November's ​congressional ⁠midterm elections, people familiar ⁠with ​the ​matter said.

Source: Reuters
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Source: Seeking Alpha News Agency
4 weeks ago
General Medium Importance AI Analyzed
I'm Still Betting On AI Productivity

I'm Still Betting On AI Productivity

Nvidia Corporation's Q2 earnings catalyzed a tech rally, especially in software, signaling market confidence in the AI application layer. NVDA is leveraging chip business cash flow to acquire and invest in AI application and tooling firms, anticipating profit migration up the stack.

Source: Seeking Alpha
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Source: CNBC News Agency
4 weeks ago
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Fed Chairman Kevin Warsh delivers his key Jackson Hole speech Friday. Here's what to expect

Fed Chairman Kevin Warsh delivers his key Jackson Hole speech Friday. Here's what to expect

Federal Reserve Chairman Kevin Warsh delivers the keynote speech Friday at the central bank's Jackson Hole, Wyoming symposium. Prior central bank leaders have used the event to discuss broad policy initiatives, but there's considerable uncertainty over how ambitious Warsh will be in his remarks.

Source: CNBC
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