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Kalshi Defies U.S. Legal Tussle and Nevada Temporary Ban as Valuation Doubles to $22B
BySilas WKalshi Inc. has raised more than $1 billion in new funding, valuing the prediction market platform at $22 billion, according to people familiar with the matter. The funding round comes amid a fresh setback in Nevada, where a state court imposed a 14‑day restraining order forcing the prediction market to stop offering sports, entertainment and…
investingLive Americas FX news wrap 28 Nov: USD heads lower to end the week. Stocks higher | investingLive
BySilas WThe USD was mostly lower with the exception being the GBP (USD up a modest 0.05%). A snapshot of the changes of the USD vs the major currencies as US traders head home early for the weekend shows: EUR -0.04% GBP +0.05% JPY -0.10% CHF -0.19% CAD -0.36% AUD -0.21% NZD -0.10% The big mover…
Analysts Boost Price Forecasts on 4 Metals
BySilas WRed Cloud Securities has a bullish outlook on gold, silver, copper and zinc now and through at least 2027, analysts noted in a thematic report. Red Cloud Securities raised its gold, silver, copper, and zinc forecasts for Q4/25, 2026, and 2027, its mining analysts reported in their Q4/25 Commodity Price Update dated Oct. 10. “A…
Data centers told to pitch in as storms and cold weather boost power demand
BySilas WBy Nikki Luke, University of Tennessee and Conor Harrison, University of South Carolina As Winter Storm Fern swept across the United States in late January 2026, bringing ice, snow and freezing temperatures, it left more than a million people without power, mostly in the Southeast. Scrambling to meet higher than average demand, PJM, the nonprofit…
Gold–21.02.2025 – Orbex Forex Trading Blog
BySilas WGold–21.02.2025 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
Japanese Yen sticks to intraday losses against recovering USD; lacks bearish conviction
BySilas WThe Japanese Yen drifts lower against the USD for the second consecutive day on Wednesday. Concerns about Trump’s trade tariffs and a positive risk tone undermine the safe-haven JPY. The divergent BoJ-Fed policy expectations should limit any meaningful downside for the JPY. The Japanese Yen (JPY) remains on the back foot against the recovering US…