AI Boom Stokes Inflation With Memory Chips at ‘Insane’ Prices

Want to ‘flip’ SpaceX’s stock on the day of the IPO? Be prepared to pay the price.

A large portion of IPO shares will be allocated to retail investors, but they face penalties if they sell too soon.

Big tech is preventing new stock-market highs due to the changing way investors play the AI trade, says this top strategist

Nomura’s Charlie McElligott says investors are finally waking up to the problems with a market that is too concentrated on AI leadership.

Americans Are Trading Billions of Dollars on Polymarket’s Banned Offshore Platform

Approximately 30 percent of the trading volume on Polymarket comes from the United States, according to a new study—an eye-popping number, considering that none of those people are legally allowed to use the crypto-based platform. The study, conducted by Rutgers University statistician Harry Crane, estimated that people in the US funneled between $10.6 to $26.7 billion through Polymarket. To track the platform’s activity, Crane looked at what appeared to be US-based trades on offshore...

ECB Set to Raise Interest Rates in First Hike Since 2023