Traders pile into 'bubble puts' on CoreWeave as neocloud stocks plunge
As a key corner of the artificial intelligence trade takes a beating on Wednesday, traders are betting it could get even worse.
As a key corner of the artificial intelligence trade takes a beating on Wednesday, traders are betting it could get even worse.
On Dennis Pritt Road in Nairobi’s Kilimani district, long queues formed outside the Burundian embassy on 7 September. People were waiting for laissez-passers, temporary travel documents enabling them to return home without valid passports. The embassy had offered to issue them free of charge. Early social-media reports also referred to Congolese nationals preparing to leave…
Traders work at the New York Stock Exchange NYSE Treasury yields rose on Thursday, with traders reacting to rising oil prices as Iran-Oman talks over the status of the Strait of Hormuz continued. The 10-year Treasury note yield — the main benchmark for mortgages, auto loans and credit card debt — was up more than…
SpaceX launches their IPO at the Nasdaq in New York City on June 12, 2026. Adam Jeffery | CNBC There ain’t nothing like the real thing. SpaceX “proxy stocks,” whose options volumes were booming ahead of Friday’s historic initial public offering, are unwinding gains. Some look like they have more potential for a rebound than…
Pope Leo XIV holds his weekly general audience at St. Peter’s Square in Vatican City, June 11, 2025. Massimo Valicchia | Nurphoto | Getty Images Pope Leo warned over the weekend that a “social calamity” could come from mass unemployment due to the adoption of artificial intelligence technologies. Prediction market traders appear to think that…
A general view of the Port of Kharg Island Oil Terminal, 25 km from the Iranian coast in the Persian Gulf and 483 km northwest of the Strait of Hormuz, in Iran on March 12, 2017. Anadolu | Anadolu | Getty Images Oil prices swung in volatile trading on Tuesday as traders assess President Donald Trump‘s…
In the past, forex trading was mainly viewed as a specialized, niche financial activity in Africa. However, that all has changed in recent years, with the market moving toward becoming much more mainstream across the country. People from all demographics are beginning to trade. Youths, business professionals, current students, and even retirees will regularly participate…
European stocks are expected to open flat to lower on Thursday ahead of a raft of earnings reports from the region.
Traders work at the New York Stock Exchange on Jan. 27, 2026. NYSE U.S. Treasury yields moved higher on Monday as investors digested the latest economic data and continued to weigh the impact of President Donald Trump’s Federal Reserve chair pick. The 10-year Treasury yield rose more than 3 basis points to 4.275%, while the 2-year Treasury note…
Oil prices fell more than 4% on Thursday, after comments from U.S. President Donald Trump eased market speculation that an American strike on Iran could be imminent. Brent crude oil futures, the global benchmark, lost 4.13%, or $2.75, to $63.77 a barrel. Front-month West Texas Intermediate crude lost $2.65, or 4.27%, to trade at $59.37…