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Financial News Around the World

After Coinbase, prediction market traders forecast more tech layoffs ahead

Traders on prediction market platforms give a high probability to layoffs in the tech sector reaching more than 447,000 jobs in 2026.

Published 6 May 2026
Categorised as Finance News

Michael Burry sells GameStop after Ryan Cohen’s hefty eBay bid: ‘Never confuse debt for creativity’

The “Big Short” investor said the proposed deal’s enormous leverage shattered the investment case he had been building.

Published 6 May 2026
Categorised as Finance News

Stocks making the biggest moves premarket: Palantir Technologies, PayPal, Intel, Anheuser-Busch InBev & more

These are the stocks posting the largest moves in early trading.

Published 5 May 2026
Categorised as Finance News

Milken-adjacent Power100 attendees aim to reclaim the DEI in finance narrative

Blueprint Capital’s Power100 weekend convenes diverse leaders in finance ahead of the Milken Institute Global Conference.

Published 5 May 2026
Categorised as Finance News

UniCredit CEO says taking control of Commerzbank ‘not the expected scenario’

The Italian lender is making a takeover bid for German rival Commerzbank, despite pushback in Germany.

Published 5 May 2026
Categorised as Finance News

HSBC first-quarter pre-tax profit misses estimates on higher expected credit losses

Europe’s largest lender HSBC on Tuesday reported first-quarter pre-tax profit of $9.4 billion, marginally missing analysts’ estimates.

Published 5 May 2026
Categorised as Finance News

Stocks making the biggest moves after hours: Palantir, Pinterest, Duolingo, Paramount Skydance & more

See which stocks are posting big moves after the bell.

Published 5 May 2026
Categorised as Finance News

Traders are doubtful Cohen’s GameStop can pull off monster eBay acquisition

Traders on Kalshi and Polymarket give the company just a 25% and 15% chance, respectively, of successfully buying the online marketplace.

Published 5 May 2026
Categorised as Finance News

Kalshi traders see April jobs report coming in better than economists’ estimates

The figure is higher than consensus estimates for 57,000 jobs gained in April, according to analysts polled by FactSet.

Published 5 May 2026
Categorised as Finance News

Traffic in the Strait of Hormuz won’t return to normal until August or later, according to Kalshi traders

With a lack of a breakthrough in negotiations between the U.S. and Iran, traders increasingly see traffic returning to normal later and later.

Published 5 May 2026
Categorised as Finance News

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