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JPMorgan Ended Banking Relationship With Polymarket Over Regulatory Concerns
The Wall Street Journal43d agoneutral
JPMorgan Ended Banking Relationship With Polymarket Over Regulatory Concerns

JPMorgan Chase ended its banking relationship with prediction market Polymarket last October over regulatory concerns, according to people familiar with the matter. The move adds fuel to fights in Washington over debanking and growing nationwide scrutiny of prediction markets’ business practices, though the bank still maintains some ties to Polymarket and other prediction-market companies. A Polymarket spokesman said the company maintains “a close, active relationship with JPMorgan across multiple entities.”

JPMorgan set a serious Microsoft stock price target for 2027
TheStreet43d agoneutral
JPMorgan set a serious Microsoft stock price target for 2027

Microsoft stock spent most of 2026 in the penalty box. The AI spending looked too heavy. The returns were not yet visible. Then the company reported fourth-quarter results on July 29, and the stock jumped more than 27%. Azure crossed $100 billion. Copilot showed real adoption numbers. The narrative ...

Legendary fund manager makes aggressive SpaceX prediction
TheStreet43d agoneutral
Legendary fund manager makes aggressive SpaceX prediction

The founder of Baron Capital told investors that SpaceX (SPCX) could be worth $40 trillion in the next 10 to 15 years. For context, that number is close to the value of every public company in the United States combined today. Baron is not a stranger to calls like this. He made a similar bet ...

Mangione Pleads Guilty in US Case Over Healthcare CEO Killing
Bloomberg43d agoneutralVIDEO
Mangione Pleads Guilty in US Case Over Healthcare CEO Killing

Luigi Mangione pleaded guilty to federal stalking charges related to the fatal shooting of UnitedHealth Group Inc. executive Brian Thompson. He faces a maximum sentence of life in prison. This happened in New York federal court Friday morning. Mangione also faces charges in New York state court. June Grasso of Bloomberg Law is following the breaking news on Bloomberg Radio and has more.

Online forum Reddit will join the influential and closely tracked S&P 500 index
Associated Press43d agoneutral
Online forum Reddit will join the influential and closely tracked S&P 500 index

Reddit will join the S&P 500 next week, giving the wide-ranging online forum a boost in prestige and investments. Joining the S&P 500 is considered an achievement for a company because the index is a widely followed measure of the broader U.S. stock market’s health. Reddit's stock surged nearly 14% around midday Friday.

Nvidia earnings preview: What’s next for Nvidia stock
Yahoo Finance Video43d agoneutralVIDEO
Nvidia earnings preview: What’s next for Nvidia stock

Yahoo Finance Market and Data Editor Jared Blikre and Senior Business Reporter Ines Ferre join the Executive Editor Brian Sozzi on the Opening Bid panel to preview Nvidia's (NVDA) upcoming earnings and assess what could be next for stock in the weeks ahead.

Trader reportedly loses $550,000 to Google ad scam
TheStreet43d agoneutral
Trader reportedly loses $550,000 to Google ad scam

A crypto trader has reportedly lost approximately $550,000 in USDC as they fell victim to a Google advertisement phishing scam, as per the crypto asset tracing and recovery firm FlashRescue's co-founder Darcy. On Aug. 13, Darcy posted on X that the user lost the sum to a paid Google ...

Citi Keeps S&P 500 Target at 8,100 as Earnings Outlook Strengthens
InvestorsHub43d agoneutral
Citi Keeps S&P 500 Target at 8,100 as Earnings Outlook Strengthens

Citi continues to see a path for the S&P 500 to reach 8,100 by year-end after raising its full-year earnings forecast following a stronger-than-expected second-quarter reporting season. Strategists led by Scott Chronert said the fundamental forces underpinning the target “remain mostly in place,” although the next stage of the rally will likely require broader market participation and sustained confidence in artificial intelligence-related earnings.

Walmart set for in-line Q2 as investors eye tariff refund plans, 2H guidance
Proactive43d agoneutral
Walmart set for in-line Q2 as investors eye tariff refund plans, 2H guidance

Walmart Inc (NYSE:WMT, XETRA:WMT) is expected to post largely in-line second-quarter results, with investor focus centered on second-half guidance, the treatment of potential tariff refunds, and how much of that money gets reinvested into pricing, according to a note from Jefferies. Analysts...