44 states say CFTC has no authority over sports prediction markets
The Commodity Futures Trading Commission headquarters in Washington, Dec. 23, 2022. Ting Shen | Bloomberg | Getty Images A coalition…
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F, TER, V, KLAC and more
Check out the companies making headlines in after-hour trading. Ford Motor — Shares surged 6% after the automaker posted second-quarter…
Visa is cutting 7% of employees in efficiency push as AI reshapes work
President of Visa Inc. Ryan McInerney delivers a keynote address at the Transact 15 conference in San Francisco, California April…
Mortgage Rates Roughly Unchanged Versus Friday’s Lows
After bottoming out around 6.5% in late June, mortgage rates moved steadily higher this month, ultimately hitting 6.85% last Thursday–the…
Stocks making the biggest moves after hours: CDNS, RMBS, WELL
Check out the companies making headlines after hours. Cadence Design Systems — Shares of the chip design company popped more…
CME launches single stock futures enabling investors to trade SpaceX, Micron and others 23 hours a day
Sopa Images | Lightrocket | Getty Images Investors looking to wager on stocks such as SpaceX and Micron Technology now…
Eisman has doubts about AI. ‘Big Short’ investor just sold key tech stock
Steve Eisman, the investor made famous by “The Big Short,” said he has reduced his exposure to artificial intelligence after…
Stocks making the biggest moves premarket: MU, FBRX, XOM, BKR
Check out the companies making the biggest moves premarket: Memory stocks — Shares rose broadly after chipmaker CXMT made its…
Mortgage Rates Recover Modestly From Long-Term Highs
If you’re just tuning in, mortgage rates had a rough day yesterday on top of a rough week overall. The…
AI spending threatens credit quality of Amazon, Meta, Alphabet
Magnificent 7 tech stocks on display at the Nasdaq. Adam Jeffery | CNBC The race to build artificial intelligence infrastructure…