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Robinhood CEO: Functional Markets Need Speculators
The Wall Street Journal99d agoneutral
Robinhood CEO: Functional Markets Need Speculators

“You can’t have a functional financial market without speculators. If everyone’s just hedging, the market is going to break… As long as you have a strategy, and it’s systematic, who am I to say that you shouldn’t engage in trading of that asset class?” That's Robinhood chief executive Vlad Tenev at the WSJ’s Future of Everything conference, in response to a question from an audience member about whether he considered prediction markets to be the same gambling.

AI’s Hottest Private Companies Have Booming Crypto Shadow Market
Bloomberg100d agoneutral
AI’s Hottest Private Companies Have Booming Crypto Shadow Market

(Bloomberg) -- The race to sell retail investors a piece of the AI boom has gone mainstream — closed-end funds, interval funds, special-purpose vehicles. Now, crypto platforms are offering trades tied to the most valuable private AI companies on earth — ones ordinary investors have almost no other way to access.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old TruceChina’s Unprecedented Defiance of US Sanctio

AI's Hottest Private Companies Have Booming Crypto Shadow Market
Bloomberg100d agoneutral
AI's Hottest Private Companies Have Booming Crypto Shadow Market

(Bloomberg) -- The race to sell retail investors a piece of the AI boom has gone mainstream — closed-end funds, interval funds, special-purpose vehicles. Now, crypto platforms are offering trades tied to the most valuable private AI companies on earth — ones ordinary investors have almost no other way to access.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysChina's Unprecedented Defiance of US Sanctions Triggers ShowdownUS and Iran Trade Fire in Gulf, Jolting

AI’s Hottest Private Companies Have Booming Crypto Shadow Market
Bloomberg100d agoneutral
AI’s Hottest Private Companies Have Booming Crypto Shadow Market

(Bloomberg) -- The race to sell retail investors a piece of the AI boom has gone mainstream — closed-end funds, interval funds, special-purpose vehicles. Now, crypto platforms are offering trades tied to the most valuable private AI companies on earth — ones ordinary investors have almost no other way to access.Most Read from BloombergChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old CeasefireFormer NYC Mayor Giuliani in Critica

SEC Semiannual Reporting Proposal Clears White House Review
Bloomberg103d agoneutral
SEC Semiannual Reporting Proposal Clears White House Review

(Bloomberg) -- A Securities and Exchange Commission plan to let public companies cut quarterly disclosures to twice a year moved closer to reality after passing a White House review.Most Read from BloombergTrump Vows 25% Tariff on European Autos in Escalating Trade RiftTrump Rues State of Iran Talks, Says Prefers Not to StrikeWorld’s Largest Container Carrier Plans Route Avoiding HormuzTrump Family-Backed Drone Firm Signs Weapons Deal With USSpirit Bailout Talks Said to Have Ended With Closure L