‘Big Short’ trader Danny Moses warns Silicon Valley Bank collapse will expose far more difficulties
Finance
Stocks making the biggest moves premarket: Bank of America, Morgan Stanley, Robinhood & more
Check out the companies making the biggest moves premarket: Bank of America — The stock gained more than 1% after the banking giant posted better-than-expected results for the first quarter . Bank of America earned $1.11 per share on revenue of $30.43 billion. Analysts expected a profit of $1.01 per share on revenue of $29.93 […]
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Finance
Chinese robotaxi companies forge ahead with UAE expansion despite Iran war
Key Points At least three Chinese robotaxi companies are pushing ahead with their expansion into the Middle East. The UAE and China held a business cooperation forum in Beijing earlier this week. Chinese robotaxi companies have ramped up their global expansion plans in the last two years, making the most progress in the Middle East. […]
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Finance
Prediction markets will grow to $1 trillion by 2030, Bernstein estimates
Key Points Investment firm Bernstein estimates that by 2030, prediction market volumes will surge to roughly $1 trillion. Dollar volumes on the markets surged in 2024, spurred by the U.S. presidential election, then expanded further in 2025 thanks to sports, crypto and macro/political contracts. While a regulatory battle is brewing, Bernstein thinks it’s unlikely to […]
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