Stocks making the biggest moves after hours: Palantir Technologies, Ford Motor, Mattel, Clorox and more

Stocks making the biggest moves after hours: Palantir Technologies, Ford Motor, Mattel, Clorox and more




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Kalshi bettors see Powell staying on as Fed governor after chair term ends
Finance

Kalshi bettors see Powell staying on as Fed governor after chair term ends

Key Points Bettors on Kalshi think there’s just a 30% chance Powell leaves by June. On Polymarket, bettors think there’s an 87% chance he leaves between May 15 and May 22. Powell will address reporters after the Fed meeting today, where he is expected to be asked about his future as a governor. Source

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Bill Ackman’s  billion Pershing Square IPO to start trading, testing Berkshire-style vision
Finance

Bill Ackman’s $5 billion Pershing Square IPO to start trading, testing Berkshire-style vision

Key Points The Pershing Square Capital Management founder’s combined initial public offering raised $5 billion, pricing at the low end of expectations. The transaction creates two separately traded entities on the New York Stock Exchange: closed-end fund Pershing Square USA Ltd., which will trade under the ticker PSUS, and asset manager Pershing Square Inc., listed […]

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Startup Blockworks wants to become the crypto equivalent of Morningstar. How it plans to do it
Finance

Startup Blockworks wants to become the crypto equivalent of Morningstar. How it plans to do it

Key Points Blockworks wants to become a dominant data provider in the world of cryptocurrency and tokenized assets, according to co-founder Jason Yanowitz. The firm anticipates using the proceeds of its latest fundraising round extension to snap up some of its rivals and grow its footprint. “Crypto has a trust problem, and it is two-sided,” […]

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