Plus500 has introduced sports event-based contracts in the US, regulated by the Commodity Futures Trading Commission (CFTC), through the prediction markets exchange Kalshi. These contracts allow customers to trade on outcomes of major US sports like the NFL, NBA, and MLB using Plus500's futures trading platform. This launch broadens Plus500's market reach and strengthens its position in the growing prediction markets sector, leveraging its technology and infrastructure for both institutional and retail clients. The move marks a key step in Plus500's expansion into engaging and fast-evolving financial market segments.
Rayonier Inc. has been rated a Buy following its merger with PotlatchDeltic, which nearly doubled its share count and expanded its timberland and manufacturing assets. The company now offers a 5% dividend yield and improved cash flow, though it faces...
Bitcoin surged over 25% in August, marking its strongest monthly gain since November 2024, driven by increased market volatility and resilience despite regulatory and security challenges. Fidelity warns this rally may be a temporary bounce within an ...
Shein's shares have fallen 17.5% since its Hong Kong debut amid concerns over its ability to sustain growth. The company, known for low-priced fast fashion, faces rising tariffs and regulatory changes in the U.S. and Europe that erode its cost advant...
Bitcoin surged to an intraday high of $82,108 before settling near $81,050, marking a 4.5% gain amid an ongoing rally. Despite this strong performance, Fidelity Digital Assets cautions that the rally alone does not confirm the end of the bear market....
Flowra and Korea Gold Exchange Digital Asset (KorDA) signed a memorandum to explore using KGLD, a gold-backed digital token, as collateral for securing Solana (SOL) tokens delegated to network validators. This initiative aims to leverage the growing ...
