In pre-market trading on the US stock market, semiconductor, memory, and optical communication sectors continued their decline, with Micron and SanDisk both falling by more than 5%.
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Ex-White House Teleprompter Operator Fined for Prediction Market Insider Trading
Gabriel Perez used his access to Trump's speeches before delivery to bet on "presidential mention market" contracts, profiting more than $107,500 before the CFTC caught up with him.
EU Regulator Says Prediction Markets Are 'Rife With Inside Trading'
ESMA also asks why Kalshi and Polymarket block some EU countries but not others, and notes VPNs get around the blocks.
Strategy seeks shareholder approval for daily preferred stock dividends
Strategy’s proposal would move STRC and its three other preferred stocks to daily dividend payments, following a similar move by Bitcoin treasury firm Strive.
Morgan Stanley Joins NEXTPredict as Prediction Markets Bet on 'More Institutional' Play
The bulk of prediction market trades are still sports bets, while valuations are predicated on rising institutional interest.
CFTC issues warning over risky prediction market ‘mention’ contracts
The warning comes weeks after the CFTC fined a former White House teleprompter operator who made more than $107,000 trading prediction contracts tied to President Trump’s speeches.
Bernstein Predicts $10 Trillion Prediction Market by 2035—10X Its Original Forecast
Bernstein now projects prediction markets will handle $10 trillion a year by 2035, up from its own $1 trillion by 2030 forecast made just five months ago.