Market News Feed

Missile Dispute, Reporter Threats Expose Prediction Market Risk

A Polymarket contract on whether Iran would strike Israel on March 10 was designed to forecast the future. Instead, more than 90% of the betting volume on the prediction market came after the fact, as users attempted to profit from a dispute that hinged on the source of a single blast.

Bitcoin’s price bottom in limbo: Why BTC–gold correlation matters now

Bitcoin’s resilience against gold, highlighted by a -0.88 correlation, reinforces its bullish hedge appeal.

Lang surgery a success after Anfield thumb injury

Galatasaray midfielder Noa Lang is set to have surgery in Liverpool after suffering a "serious cut" at Anfield.

Congruence starts human trials for first drug, raises $40M

After selling her previous biotech for over $1 billion in 2019, it didn’t take long before Clarissa Desjardins decided to try it again. Desjardins founded her fourth startup, Congruence Therapeutics, in 2020 ...

SFC prepares to inspect Hong Kong IPO listing sponsors amid quality concerns

Hong Kong’s market regulator will soon begin inspection of investment banks to assess their roles as sponsors of listing candidates, in its latest effort to uphold the quality of new listings amid a booming market. The Securities and Futures Commission (SFC) said the inspection would focus on whether banks had complied with its January circular, which outlined expectations on staffing and quality controls when handling initial public offerings (IPOs) in Hong Kong. For example, the SFC expected...

Entrepreneur Fred Schaufeld Is Always Ready To Rock And Roll

Back in his early college days, Fred Schaufeld was shy. But he soon learned how to push out of the comfort zone. The post Entrepreneur Fred Schaufeld Is Always Ready To Rock And Roll appeared first on Investor's Business Daily.

West Point analysis warns that strait of Hormuz blockade will strangle US defense industry

Report shows how minerals critical to defense readiness have seen a ‘near total’ disruption in seaborne trade Sign up for the Breaking News US email to get newsletter alerts in your inbox The closure of the strait of Hormuz is causing a “paralyzing, real-time problem” for any prospective manufacturing surge in the US defense industrial base, and even for the repair of defense equipment damaged by Iranian attacks, according to analysis published by West Point’s Modern War Institute. In particular sulphur, a vital upstream input in the extraction of critical minerals including copper and cobalt, has seen a “near total” disruption of seaborne trade in the straits, which makes up half the world’s total shipments, and prices have spiked nearly 25% since the war began, and seen a 165% rise year on year, the report said. Continue reading...

Independent autism committee that challenges RFK Jr’s overhaul draws criticism

Kennedy’s appointees promoted ‘treatments’ like bleach enemas, but new committee has only one autistic member The first public meeting of US autism advisers – notably, since Robert F Kennedy Jr reshaped the committee – was cancelled recently with few details, coinciding with the creation of a rival organization that has prompted some questions within the autistic community about their focus. Kennedy, the secretary of the US Department of Health and Human Services (HHS) who has long argued for a debunked link between vaccines and autism, chose entirely new members for the Interagency Autism Coordinating Committee (IACC) in late January, with fewer autistic people and several anti-vaccine advocates. Continue reading...

VICI Properties: Caesars Uncertainty Is A Market Overreaction And Buying Opportunity

The Men Obsessed With ‘High T’

Fueled by the manosphere, men are boosting their testosterone levels through natural and synthetic means, with some competitively swapping test results on a regular basis.

Inside a $1.1B deal to reshore critical minerals refining

Critical minerals startup Nth Cycle is betting that its modular approach to nickel refining can make the practice viable in the U.S. and Europe.

Here’s why stocks haven’t fallen harder due to the Iran war

There are a few under-the-surface factors that are supporting the stock market.

Lantern raises $30M from Morgan Health, Echo Health Ventures

Lantern, a company that helps employers manage what they spend on specialty care, raised $30 million as its client base broadens to include work with healthcare plans. Morgan Health, JP Morgan’s health venture, and Echo ...

1 Reason I'm Never Selling Novo Nordisk Stock

I am not turned off by the company's recent setbacks.

Report: Bill Seeks to Abolish South Korea’s 22% Digital Asset Tax

South Korean lawmakers are once again tearing up the script on crypto taxation, this time with a proposal to scrap the levy altogether before it ever sees daylight. South Korea Crypto Policy Shift Could Remove Tax Burden Entirely According to the regional news publication Digital Asset, South Korea’s opposition party has introduced legislation to fully […]

EU leaders slam Hungary’s Orban for blocking Ukraine aid package

Hungarian leader fuels EU outrage with veto on $103bn Ukraine aid, citing pipeline dispute amid tense election campaign.

ECB Keeps Rates on Hold, Warns Iran War to Stoke Inflation

Premium Brands declares CAD 0.85 dividend

3M, Bain Capital to acquire Madison Fire & Rescue for $1.95B

Crypto.com slashes 12% of workforce as it pivots to enterprise AI

Crypto.com's pivot to AI highlights the growing trend of automation reshaping industries, potentially widening the gap between tech adopters and laggards. The post Crypto.com slashes 12% of workforce as it pivots to enterprise AI appeared first on Crypto Briefing.

Alibaba -4% premarket as profit drops 67%, revenue rises 2%, cloud prices rise 34%, signaling urgent AI monetization push

Source: https://finance.yahoo.com/news/alibaba-67-profit-plunge-shows-100308190.html Alibaba Group Holding Ltd.’s earnings plunged while revenue barely grew, underscoring the urgency behind the Chinese e-commerce leader’s drive to wring more profits out of a swathe of costly AI endeavors. The company posted a 2% rise in sales to 284.8 billion yuan ($41.3 billion) for the three months ended December, just shy of the average projection. But net income plummeted 67% — its worst performance since early 2024 — hurt in part by heavy spending on promotions to fend off rivals in commerce. Alibaba’s US-listed shares slid 4% in pre-market trading. The disappointing results show why the company is driving a major restructuring aimed at generating profit off its sprawling AI endeavors. The company this week launched an agentic AI service known as Wukong for company clients, and hiked prices for its cloud computing and storage services by as much as 34%. Alibaba is keen to monetize its growing AI portfolio in part to offset losses in its e-commerce business, which is grappling with fierce domestic competition. Click here for a liveblog on Alibaba’s results. The Hangzhou-based company — one of the world’s largest cloud service providers — is considered a frontrunner in China’s race toward artificial general intelligence. It’s also the most aggressive in terms of spending: Alibaba has pledged more than $53 billion of AI investment over several years, far surpassing its Chinese rivals though a fraction of the $650 billion that US hyperscalers intend to shell out in 2026. Alibaba’s cloud unit has since become the group’s fastest-growing business, with the company recording triple-digit revenue growth from AI-related products over 10 consecutive quarters. The company however is grappling with fundamental changes with the potential to reshape leadership of the world’s biggest internet arena. China’s newfound love affair with OpenClaw-style agentic AI has handed Tencent Holdings Ltd., with its all-encompassing WeChat ecosystem, an initial advantage. Alibaba’s rival is considered well-positioned to build agentic AI because it sits on a trove of user data and controls access to a universe of Chinese apps via WeChat. Alibaba’s AI efforts were further unsettled by the surprise departure of Junyang Lin, the top developer for Qwen models and one of the most influential figures behind Alibaba’s transition to AI. That sent ripples through the industry and raised questions about the company’s approach to cutting-edge research. The exact reasons for Lin’s exit remain unclear. Costs are rising on other fronts. Over last month’s week-long Lunar New Year holiday, Alibaba, Tencent, ByteDance Ltd. and Baidu Inc. gave out billions of yuan in coupons to acquire users for its consumer-facing agentic app. While competitors saw a sharp increase in adoption, Qwen’s usage remained well above pre-campaign levels, according to estimates by Morgan Stanley. Alibaba has since shi

Trip.com: Good Prospects, Undemanding Valuation

If you're holding gold, get out whilst you can

I've been holding my gold for over a year in my pension and enjoyed about a 100% return whilst Trump's regime has sought to destabilise America and the rest of the world. The equation for the past year has been sticky inflation due to tariffs, a weakening dollar, dovish interest rates, and a whole lot of uncertainty with regards to wars. Well, a lot of the uncertainty has just become relatively certain. We know this war isnt likely to end quickly as there's no incentive for either side to back down any time soon. We also know that inflation is very likely to skyrocket, potentially to Depression levels, and that interest rates are almost certainly going to have to go up. Essentially, a repeat of Ukraine or much worse. Oil prices aren't coming down. High oil = high inflation and high inflation = interest rate hikes. The new Fed chair, even though Trump appointed and the son of one of his best mates, is known to be hawkish, even before this Iran crap. Yes, panic helps gold, but higher yields and a more hawkish rates path hurt it. A lot. We saw that 4 years ago with Ukraine and we saw gold drop hard today even with the Middle East blowing up, because the market has started focusing on the rates side of the equation more than anything else. submitted by /u/AnonymousTimewaster [link] [comments]

Can quantum computers now solve health care problems? We’ll soon find out.

I’m standing in front of a quantum computer built out of atoms and light at the UK’s National Quantum Computing Centre on the outskirts of Oxford. On a laboratory table, a complex matrix of mirrors and lenses surrounds a Rubik’s Cube–size cell where 100 cesium atoms are suspended in grid formation by a carefully manipulated…