Wall Street
NYSE-owner Intercontinental Exchange rises on report of $2 billion Polymarket stake
Key Points The deal is expected to value prediction Polymarket between $8 billion and $10 billion, the report said. The report comes as prediction markets become more mainstream. Source
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Paul Tudor Jones says ingredients are in place for massive rally before a ‘blow off’ top to bull market
Billionaire hedge fund manager Paul Tudor Jones believes the conditions are set for a powerful surge in stock prices before the bull market tops out. “My guess is that I think all the ingredients are in place for some kind of a blow off,” Jones said on CNBC’s “Squawk Box” Monday. “History rhymes a lot, so I […]
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Mike Novogratz’s Galaxy Digital jumps 10% after launching retail trading app to compete against Robinhood
Sopa Images | Lightrocket | Getty Images Galaxy Digital shares jumped about 10% in early trading Monday after the digital assets investment firm led by CEO Mike Novogratz unveiled a Robinhood-like trading platform, GalaxyOne. The platform and mobile application, launched Monday, hosts commission-free buying and selling of more than 2,000 stocks and exchange-traded funds in […]
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Investors may want to consider boosting their exposure abroad — even with U.S. stocks around record highs
ETF Edge Investors may want to consider boosting their exposure abroad — even with U.S. stocks around record highs Published Sat, Oct 4 202511:00 AM EDT Blair Bao WATCH LIVE Source
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Bitcoin rallies to within 1% of all-time high, gaining safe haven status during shutdown
CHONGQING, CHINA – JULY 17: In this photo illustration, a person holds a physical representation of a Bitcoin (BTC) coin in front of a screen displaying a candlestick chart of Bitcoin’s latest price movements on July 17, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images) Cheng Xin | Getty Images News | Getty […]
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Tom Lee sees S&P 500 topping 7,000 by year-end, says don’t be fooled by shutdown calamity talk
The government shutdown is unlikely to derail the stock market’s momentum into year-end, according to Tom Lee, Fundstrat Global Advisors’ head of research. Lee believes the suspension of economic data releases from federal agencies is a “sidebar issue,” adding that past shutdowns have had little lasting impact on equities. The widely followed strategist, who called […]
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Berkshire Hathaway to buy Occidental’s OxyChem for $9.7 billion, in Buffett’s biggest deal in three years
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Warren Buffett’s Berkshire Hathaway announced Thursday it reached a deal to buy Occidental Petroleum’s petrochemical unit, OxyChem, for $9.7 billion in cash. The deal marks Berkshire’s largest since 2022, when it paid $11.6 billion for insurer Alleghany. […]
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Leon Cooperman says we’ve reached the stage of the bull market that Warren Buffett warned about
Longtime investor Leon Cooperman believes we are in the late innings of a bull market where bubbles can form and risks rise, a stage of the cycle that Warren Buffett had warned about. The chair and CEO of the Omega Family Office read a quote from the “Oracle of Omaha” on CNBC’s “Money Movers” Wednesday, […]
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Dollar falls on U.S. government shutdown, now on pace for worst annual decline in 22 years
The dollar held on to steep gains on Friday after better-than-forecast U.S. data dampened expectations for further easing by the Federal Reserve this year. Jackal Pan | Moment | Getty Images The dollar fell Wednesday after U.S. lawmakers failed to avert a government shutdown, raising questions from traders about the potential economic impact. The dollar […]
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