Thursday links: a chronic condition
Markets CXMT topped Tencent as China's most valuable company. (bloomberg.com) South Korea's stock market has bounced. (marketwatch.com) Prediction markets Don't expect many prediction market inside traders to get prosecuted. (nytimes.com) Apex is teaming with Kalshi on prediction markets. (wealthmanagement.com) Novig doesn't allow 18-20 year olds on their platform. (wired.com) Trading Charles…
Markets saw a shift as CXMT overtook Tencent as China's most valuable company. South Korea's stock market experienced an upturn. Prediction markets are unlikely to face prosecution for insiders. Apex has partnered with Kalshi for prediction markets. Novig has set a minimum age of 18-20 for its platform users. Charles Schwab is introducing single stock futures for its customers.
Etoro is acquiring TradeZero. Singapore's stock exchange is facing challenges in competitiveness. Goldman Sachs is increasing investments in Boomer-oriented ETFs. A conversation with Amelia Pollard of the FT regarding the Situational Awareness story was discussed. M&A activities in the private asset management sector are proving challenging due to carried interest.
Pershing Square is venturing into pre-IPO funds. AI advancements are being made by leading hyperscalers in new compute infrastructure. The future design of an AI device from OpenAI is speculated. Anthropic's auditor remains a subject of interest.
Written by urgent.news from Abnormal Returns's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
