Hours before American and Israeli missiles rained down on Iran, killing the country’s leadership, a Polymarket trader loaded up on bets that Ayatollah Ali Khamenei would be “out as Supreme Leader of ...

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The rise of prediction markets in the United States has been staggering. In December alone, users traded nearly $12 billion on Kalshi and Polymarket, the two biggest platforms in the business. That’s ...

WASHINGTON/NEW YORK, March 3 (Reuters) - The U.S. Commodity Futures Trading Commission will soon advance a proposal for regulating prediction markets, the agency's Republican chairman said on Tuesday, ...

WASHINGTON, Feb 23 (Reuters) - The U.S. Securities and Exchange Commission on Monday said it had granted a special request from the asset manager WisdomTree (WT.N), opens new tab to allow intraday ...

The dominant narrative around prediction markets still centers on elections and sports. Sports account for the majority of volume at major venues, and election contracts are what put the category on ...

In December, Howard Marks published an investment memo titled, “Is it a bubble?” that expressed some of his skepticism and reservations about artificial intelligence and the stock-market boom it had ...

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Prediction markets, like Polymarket and Kalshi, have captured billions in venture capital fundraises and total market value. This subsector of trade finance is commanding attention from financial ...

High-frequency trading powerhouse Jane Street is accused of insider trading that accelerated the downfall of crypto project Terraform Labs in 2022, which destroyed billions in investor wealth. Todd ...

Banks, such as Deutsche Bank (DB) and Goldman Sachs (GS), are said to be exploring agentic AI for trading surveillance and to track any misconduct. The German lender plans to roll out a large language ...

UiPath (PATH +3.54%), a company that creates AI and automation software for complex processes, closed Thursday at $10.71, up 7.75%. The stock rose as investors responded to its Agentic AI Foundation ...