Kalshi, a prediction market platform, is embroiled in lawsuits from Native American tribes who claim its sports event wagers violate federal Indian gaming laws. The conflict escalated after failed talks between Kalshi CEO Tarek Mansour and tribal leaders, leading to legal battles that threaten Kalshi's business. Tribes argue Kalshi's contracts are unauthorized gambling siphoning revenue from tribal casinos, while Kalshi insists its wagers are financial instruments. The dispute is now headed to the US Supreme Court, with significant implications for Kalshi's future and the broader gaming industry.
Kalshi CEO Tarek Mansour's legal battles provide context for market watchers. For readers following Consumer Cyclical stocks, here is Pluang's market snapshot as of Sep 25, 2026 17:11 WIB: Out of 112 stocks, 66 rose and 35 fell. Notable movers include TDUP at USD 2.30 with a 3.14% increase and 100% buy orders, HOG at USD 26.22 up 2.74% with 100% buy orders, and BIRD at USD 2.44 rising 2.52% with 100% buy orders.
A group of cryptocurrency wallets sold 53,900 Zcash (ZEC) on the Hyperliquid exchange for about $42.3 million. They used part of the proceeds to purchase 536.7 Bitcoin (BTC). The wallets had unlocked a total of 65,820 ZEC worth approximately $51.6 mi...
New Age Metals announced gold assay results from its 2026 exploration at the Bonanza Ridge Gold and Critical Metals Project in northwestern Ontario, with grab samples showing gold values up to 4.77 g/t. The company completed mechanized stripping at t...
Solana (SOL) surged above the $120 mark, reaching $120.05 early Friday with a 5.8% increase over the past 24 hours. This price movement indicates strong momentum for SOL as it continues to gain value in the market. Investors are watching closely as t...
Deutsche Bank expects Tesco to report a 3% rise in first-half adjusted operating profit to £1.725 billion despite softer UK like-for-like sales growth. The bank lowered its Q2 sales growth forecast to 1.7% from 2.2% but retained a buy rating and a 52...
The NEAR cryptocurrency surged toward the $5 mark following NYSE Arca's approval of Bitwise's NEAR ETF listing under the ticker NRR. This ETF allows investors to gain exposure to NEAR through traditional brokerage accounts, with a 0.75% annual fee an...
