The World Cup will likely be the biggest gambling event in history
Global wagers on the 2026 World Cup could top $50 billion, according to Macquarie analyst Chad Beynon. That’s up from more than $35 billion in the 2022 tournament.
Gold, silver and bitcoin fall as traders up Fed rate hike bets
Precious metals were firmly in negative territory, as fears about inflation and the Federal Reserve’s interest rate path weighed on investor sentiment.
Two reasons for optimism after Tuesday’s whipsaw market sell-off
There’s reason for optimism, judging by bullish options flows around stocks that do better when interest-rates stay lower, and call-buyers who are prepared for the biggest move in Oracle since Covid.
Bank of Japan governor Ueda hospitalised, will miss June meeting
The BOJ is widely expected to raise its short-term policy rate to 1% from 0.75% at next week’s meeting.
10-year Treasury yield is steady even after data showing highest inflation since 2023
U.S. Treasury yields were little changed on Wednesday as traders assessed critical inflation data.
Meta agrees to Indian AI data center deal as hyperscaler bolsters its infrastructure
Meta signs a deal with Mukesh Ambani’s Reliance Industries to lease an AI-enabled data center in India.
Energy prices take center stage as the ECB prepares to decide on rates
The ECB is expected to raise rates by 25 basis points as higher energy prices drive inflation and raise concerns about broader price pressures.
SoftBank sinks over 8% as global tech stocks tumble, tracking Wall Street losses
Semiconductor and technology stocks fell on Wednesday, tracking overnight losses on Wall Street.
CNBC Daily Open: Tech in the sights of sellers again
The sell-off in technology accelerates in Asia after a short-lived recovery for chip stocks Stateside.
Beyond ‘Silicon Roundabout’: The next challenge for UK tech
Fifteen years after the initial hype, there is now genuine excitement around London’s new tech cluster.
