Cboe Eyes Prediction Market Turf With New 'Yes-or-No' Options Product
The derivatives exchange giant is developing a simplified options product with fixed payouts, positioning it to compete directly with fast-growing prediction market platforms.
The derivatives exchange giant is developing a simplified options product with fixed payouts, positioning it to compete directly with fast-growing prediction market platforms.
Speculation mounts over a potential merger between Tesla and SpaceX, part of a broader strategic realignment under Elon Musk that could see Tesla shift focus from electric vehicles to humanoid robots and autonomous taxis, with xAI potentially in the mix.
In a major strategic pivot, Global Payments (NYSE:GPN) is shedding its issuer processing business to focus on merchant acquiring, fueled by its planned acquisition of Worldpay. The move aims to reshape its revenue streams and competitive edge in the evolving payments landscape.
Public Service Enterprise Group (PEG) reports recycling more than 86% of its operational materials in 2024, as it strengthens its board with the appointment of former utility executive Geisha J. Williams, signaling a dual focus on environmental stewardship and governance.
Shares of Brookdale Senior Living (BKD) climbed over 7% after RBC Capital reaffirmed its confidence in the company's long-term prospects, citing strong industry tailwinds and improved operational positioning.
Micron Technology's stock surged nearly 6% Thursday, propelled by an industry-wide supply crunch for high-performance memory chips essential for artificial intelligence systems. The company's high-bandwidth memory (HBM) products are sold out through 2026.
GameStop shares rallied over 6% after CEO Ryan Cohen outlined a bold vision to transform the struggling retailer into a consumer sector powerhouse through strategic M&A, leveraging its substantial cash reserves.
STAAR Surgical's stock fell sharply after the ophthalmic device maker announced the appointment of interim co-CEOs, fueling investor uncertainty following the CEO's recent departure and a failed takeover attempt.
Coinbase stock fell over 2% as a broad cryptocurrency sell-off dragged Bitcoin to a 10-month low. The decline was exacerbated by sustained net withdrawals from Spot Bitcoin ETFs, indicating shifting institutional sentiment.
Zoom Video Communications, bolstered by stable post-pandemic cash flows, is drawing renewed Wall Street attention following its venture investment in AI leader Anthropic, with some analysts touting it as a compelling AI play.
U.S. equities edged higher Monday, buoyed by a rebound in semiconductor and AI infrastructure stocks, alongside a surge in rare earth companies following a new strategic initiative. Gains were tempered by falling energy shares, cryptocurrency volatility, and ongoing concerns over a partial government shutdown.
Amazon's ongoing corporate restructuring has resulted in significant layoffs across its Seattle-area headquarters, with software engineers among the most affected roles, as the tech giant continues to streamline operations and invest in AI.
Tyson Foods reported mixed Q1 FY2026 results, with strong momentum in Prepared Foods and Chicken segments offset by significant challenges in Beef due to constrained cattle supplies. The company also unveiled a new segment reporting structure aimed at enhancing transparency for investors.
Life sciences and diagnostics firm Revvity (RVTY) closed 2025 with results surpassing internal targets, driven by robust diagnostics performance. While management provided initial 2026 guidance, it remains conservative, banking on market stabilization rather than a broad recovery.
The Bureau of Labor Statistics announced Monday that the highly anticipated January employment data will not be released as scheduled this Friday, citing disruptions from a partial federal government shutdown. The report will be published only after funding is restored.
Following a historic sell-off in precious metals, top analysts caution investors that the dramatic price drops in gold and silver may not present a buying opportunity, pointing to ongoing volatility and speculative excess.
A new round of U.S.-mediated negotiations between Russia and Ukraine is scheduled for this week in Abu Dhabi, officials confirm, as battlefield violence and long-range attacks continue to shape the diplomatic landscape.
An analysis of the most-held stocks on the Robinhood platform reveals where the retail investing crowd is placing its bets, with two tech giants emerging as particularly compelling long-term investments.
A synchronized selloff on January 30, 2026, saw Bitcoin and key industrial metals like copper plunge together, underscoring Bitcoin's evolving role as a barometer for global economic sentiment rather than a digital safe haven.
The Supreme Court of British Columbia has granted final approval for Coeur Mining's acquisition of New Gold, moving the deal into its final regulatory phase. The transaction, poised to significantly expand Coeur's precious metals footprint, advances as the miner's stock shows considerable strength over the past year.