Trader Burns $1.9M Shorting Nasdaq And S&P 500
The financial market has witnessed another massive leveraged trade gone wrong. A trader betting heavily against the Nasdaq 100 and…
Category: Financial
Crypto Prediction Markets Move Into Mainstream Finance as Institutional Interest Grows
Traditional finance firms are expanding into crypto prediction markets as event-based contracts draw deeper liquidity. Chainalysis said inflows have risen…
Trump Media Reports $405.9M Q1 Net Loss, Driven by Crypto and Stock Write-Downs
Trump Media & Technology Group (DJT) reported a net loss of approximately $405.9 million for the first quarter of 2026,…
Lumentum joins Nasdaq-100 Index after stock surges 339% since 2025
Lumentum Holdings, the photonics and optical technology company trading under the ticker LITE, is being added to the Nasdaq-100 Index…
Boston Fed president Collins warns Iran conflict energy shocks could keep rates elevated, pressuring crypto
Susan Collins, president of the Boston Federal Reserve, used a May 7 appearance on Bloomberg’s “Big Take” podcast to deliver…
European Central Bank’s Escrivá calls for finance infrastructure review due to AI risks
José Luis Escrivá, one of the European Central Bank’s most vocal voices on modernization, is pushing central banks to take…
Amazon boosts CAPEX to $44.2B, up from $25B last year
Amazon just dropped $44.2 billion in a single quarter on capital expenditures. That’s not a typo. The figure represents a…
ARK Invest’s Cathie Wood forecasts lower inflation, rallying dollar driven by AI deflation
While most of Wall Street spends its time worrying about stagflation, Cathie Wood is reading a completely different script. The…
China’s April exports rebound 14.1% as trade surplus widens ahead of Trump visit
China just posted its strongest export month of the year, and the timing couldn’t be more politically charged. April exports…
SanDisk leads S&P 500 with 558% gain in 2026 so far
Twelve stocks in the S&P 500 have more than doubled in value so far this year. SanDisk isn’t just doubling.…