Thursday links: messing with market fairness
Bonds Rates are rising even more overseas. (wsj.com) How the AI boom could go wrong...for bondholders. (nytimes.com) A look at the long term history of corporate bond spreads. (ft.com) Prediction markets Kalshi wants to grow its weather business. (wsj.com) The Trump family has weighed in on the side of prediction markets companies. (nytimes.com) Kalshi has signed deals with five MLB teams.…
Thursday brings updates on various financial markets and tech trends. Bond yields are spiking globally, while AI advancements raise concerns for bondholders. The history of corporate bond spreads reveals long-term patterns. Prediction market firms Kalshi are expanding into weather markets, with interest from MLB teams. The Trump family supports these companies.
Kalshi has partnered with five Major League Baseball teams. Bitcoin treasury businesses are struggling. Trading cards are gaining popularity as a new form of gambling. A Bitcoin ETF seems unnecessary. Nvidia's success is remarkable, but other 'hyperscalers' are losing market share. Nvidia reportedly acquired Hugging Face. Meta has settled in a case alleging its platforms harm children.
The social media giant can now set safety rules for others. Meta may be becoming too powerful, facing more legal challenges. Data centers utilize confidentiality agreements. Politicians are increasingly opposing data centers. Tech industry falters as a whole. Work in wealth management can explore the Talking Wealth newsletter.
Written by urgent.news from Abnormal Returns's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
