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CFTC Not Ready for Prediction Market Social Costs, State AGs Say
California and Minnesota attorneys general argue the CFTC lacks authority to address gambling-related harms from prediction markets, complicating the regulator's push to oversee the sector.

Standard Nuclear Files for US IPO as AI Power Demand Surges
Standard Nuclear Inc., a nuclear fuel maker, filed for a US IPO as surging electricity demand from artificial intelligence data centers drives interest in nuclear power stocks.
SpaceX ETFs surge as retail FOMO bypasses traditional valuation metrics
Retail investors are pouring billions into SpaceX-focused ETFs, driving valuations far above any S&P 500 stock, fueled by fear of missing out and a disregard for traditional valuation metrics.
MSCI Flags Worsening Information Flow in Indonesia Ahead of Potential Downgrade
MSCI Inc. has flagged deteriorating information flow in Indonesian markets ahead of a potential downgrade, compounding challenges for the world's worst-performing equities this year.
US Bond Futures Surge Spurs Bets on July Fed Rate Hike
A record surge in US bond futures trading is driving market expectations that the Federal Reserve will raise interest rates at its July meeting, reflecting a sharp repricing of monetary policy outlook.
Kevin Warsh Removes Market Guardrails, These Stocks Face Trouble
New Fed Chair Kevin Warsh is abandoning the central bank's traditional playbook, removing implicit market guardrails and leaving investors exposed to greater volatility.
Bitcoin Drops Toward $60,000 on Strategy Funding Concerns and Rate Fears
Bitcoin extended its decline toward $60,000 as concerns over Strategy Inc.'s funding mechanism and rate-hike fears weighed on risk appetite.
Brazil Assets Tumble After Central Bank Rate Cut Sparks Inflation Fears
Brazilian assets slumped as the central bank's decision to cut interest rates despite a worsening inflation outlook rattled investors, raising concerns about policy credibility.
Kardigan Rises Nearly 2% in Debut After $400M IPO
Heart-health biotech Kardigan rose nearly 2% in its stock market debut after raising $400 million in an IPO, signaling continued investor appetite for new healthcare listings.
Car stock charts look attractive after range-bound trading, analyst says
Analyst Jay Woods highlights attractive chart patterns in a car stock after months of range-bound trading, suggesting a potential breakout for equity traders.
Kroger Falls on Downbeat Forecast; Intel Surges on Apple Deal
Kroger shares fell the most intraday since October 2022 after the CFO said Q2 adjusted EPS would be flat year-over-year, while Intel surged on news of a chip design and production deal with Apple.
Accenture stock slides on weak outlook and deal integration concerns
Accenture shares fell after its quarterly outlook missed estimates and analysts flagged integration risks from recently announced acquisitions.
Argentina MSCI Review Key to Foreign Investment Surge
MSCI's upcoming decision on Argentina's index status could unlock significant foreign capital inflows, boosting local equities and peso assets.
Crypto-Treasury Model Falters After 90% Stock Crash
The strategy of launching a public company to buy cryptocurrency is unraveling after a 90% stock plunge, putting pressure on similar blank-check deals amid a hostile market.
Liquidity Squeeze Intensifies as Market Supports Fade
Tightening liquidity and increasingly restrictive rates are eroding key supports for the stock market, signaling further headwinds for equities.
Prestige Hospitality May Sell Stake to PE Firms Instead of IPO
Prestige Estates is reportedly exploring a minority stake sale to private equity investors for its hospitality unit, putting its IPO plans on hold.
KBW Says Buy the Dip on CME Group, Perpetual Futures Fears Overblown
KBW upgraded CME Group shares to outperform, arguing that market fears over perpetual futures competition are overblown and the current dip presents a buying opportunity.
AI infrastructure stock up nearly 500% in a year; Jefferies sees more upside
An AI infrastructure stock has surged nearly 500% over the past year, and Jefferies analysts believe the rally still has room to run, citing strong demand for data center equipment.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.