Arizona charges Kalshi with criminal misdemeanors, alleging it’s an illegal gambling operation
The Arizona charges are the first criminal charges to have been filed against Kalshi, though the company is embroiled in multiple lawsuits over its predictions platform.
Stocks shake off Tuesday’s oil rise — plus, Amazon debuts even faster delivery
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
The charts are showing stocks are close to breaking out of their ultra-tight range
Todd Gordon walks investors through several market technicals as stocks try to break out of a tight range.
U.S. counterterrorism director Joe Kent resigns over war: ‘Iran posed no imminent threat’
“Iran posed no imminent threat to our nation,” Kent wrote in his letter to President Donald Trump.
European markets need to get their act together, CEO of Norway’s $2 trillion wealth fund says. ‘The winner takes it all’
Nicolai Tangen, CEO of Norges Bank Investment Management, warned Europe is facing a crisis and that “it is time to act.”
Eli Lilly catches a downgrade as HSBC warns of an overhyped obesity drug market
HSBC signals a potential cooling period for the red-hot obesity drug trade.
Alibaba launches agentic AI tool for businesses with Slack, Teams integration plans
Alibaba unveiled a new enterprise artificial intelligence tool on Tuesday amid a series of other developments in the company’s AI space.
Iran targets UAE energy infrastructure as gas field set ablaze, tanker struck near Strait of Hormuz
Oil prices advanced on Tuesday as energy market participants monitored Middle East supply disruptions.
Private credit’s ‘off-ramp’ emerges as investors look to cash out and default fears grow
A “robust and growing” private credit secondaries market could serve as a pressure valve for the industry’s current liquidity squeeze.
Treasury yields edge lower as investors weigh rising oil price, Iran attacks and looming Fed decision
Treasury yields edged lower as investors weighed mounting tensions in the Middle East and rising oil prices ahead of the Federal Reserve’s policy decision.
