Skip to main content

AustraliaBreaking News

Bloomberg

Polymarket Insider Trading Fears Grow

Polymarket is putting insider trading fears in plain sight. Bloomberg's Denitsa Tsekova joins Bloomberg Open Interest to explain how prediction markets have opened a new frontier for betting on geopolitics, from Iran strikes to peace deals, while transparent wallet activity makes suspicious trades easier to track than in traditional markets.

Read more
Bloomberg

Knicks Championship Parade Takes Over NYC

A ticker-tape parade celebrating the Knicks' NBA Championship kicked off Thursday morning in New York City in the "Canyon of Heroes." Millions of fans are on hand. Mayor Zohran Mamdani will present the team with keys to the city at City Hall. Bloomberg Senior Reporter Randall Williams joined Bloomberg Open Interest from the festivities in lower Manhattan with the latest on the celebration.

Read more
Bloomberg

Kroger Falls on Downbeat Forecast; Intel Surges on Apple Deal | Stock Movers

On this episode of Stock Movers with Alexis Christoforous: - Intel (INTC) surged in premarket trading and Apple (AAPL) shares are also moving on news the chipmaker will work alongside Apple to design and produce semiconductors domestically. President Trump made the announcement. - Smith and Wesson (SWBI) shares are rising this morning. The company had a profit of 36 cents a share on a comparable basis for the latest quarter, and sales of $178.4 million. - Kroger (KR) shares slid the most intraday since Oct. 2022, after the CFO David Kennerley said that adjusted EPS for the second quarter is expected to be in line with a year ago.

Read more
Bloomberg

BOE's Bailey Says Holding Rates Is a 'Sensible Decision'

Bank of England Governor Andrew Bailey tells broadcasters energy prices remain above pre-war levels and that the the central bank needs to assess "how much damage has been done to the infrastructure for supplying energy" in the Middle East. "I think holding is the right position to be in at the moment." Bailey speaks in an interview following the BOE's decision to keep interest rates at 3.75% in a 7-2 vote.

Read more