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Kalshi hits $17B in May trading, now targeting institutional investors for growth.

Market News
01 Jun 2026
CNBC
View Source
Bullish
Kalshi hits $17B in May trading, now targeting institutional investors for growth.

Kalshi, the largest U.S. prediction market platform, processed over $17 billion in trading contracts in May, driven mainly by retail traders. In 2026, the company is shifting focus to attract institutional investors by enhancing infrastructure, partnerships, and regulatory compliance to support large-scale trading. Institutions are interested in using Kalshi for hedging risks related to elections, weather, and macroeconomic events. While skepticism remains about institutional demand, Kalshi's recent block trade and partnerships signal growing acceptance, potentially increasing liquidity and benefits for all traders.

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C3.ai CEO Thomas Siebel sells 66,752 shares to cover tax withholding.

C3.ai CEO Thomas Siebel sells 66,752 shares to cover tax withholding.

Thomas Siebel, CEO of C3.ai, has sold 66,752 shares of the company to cover tax withholding obligations. This transaction is a routine financial move related to tax compliance rather than a strategic sale. Investors should note this is a standard pra...

Market News
Bearish
2 hours ago
Amplify AI Powered Equity ETF underperforms S&P 500, remains a Hold due to weak AI strategy and high turnover.

Amplify AI Powered Equity ETF underperforms S&P 500, remains a Hold due to weak AI strategy and high turnover.

The Amplify AI Powered Equity ETF (AIEQ) continues to underperform compared to the S&P 500 and other ETFs like IVV and QQQM, due to persistent structural weaknesses in its AI-driven investment strategy. Despite a very high turnover rate of 804%, AIEQ...

Market News
Bearish
4 hours ago
Hackers exploited SingularityNET bridge, stealing $2.29M in crypto and minting billions of unauthorized tokens.

Hackers exploited SingularityNET bridge, stealing $2.29M in crypto and minting billions of unauthorized tokens.

On September 19, attackers exploited SingularityNET's bridge infrastructure, releasing over 8.7 million Fetch.ai (FET) tokens and minting about 2.3 billion unauthorized tokens across four assets. The breach used compromised signing and minting privil...

Market News
Bearish
4 hours ago
Emerging market local currency bonds face pressure as USD strengthens and Fed hikes rates.

Emerging market local currency bonds face pressure as USD strengthens and Fed hikes rates.

Emerging market local currency debt recently outperformed other bond types but now faces challenges as the U.S. dollar strengthens and Federal Reserve rate hikes continue. The VanEck JP Morgan EM Local Currency Bond ETF, with its intermediate duratio...

Market News
Bearish
4 hours ago
Bitget delists DOG amid withdrawal freeze after hack, sparking founder's criticism over timing and trust impact

Bitget delists DOG amid withdrawal freeze after hack, sparking founder's criticism over timing and trust impact

Bitget decided to delist the DOG token while withdrawals were still suspended following a hack, leading to criticism from DOG founder Leonidas. He questioned the timing of the delisting notice, arguing it was unreasonable to announce it so soon after...

Market News
Bearish
4 hours ago
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