With semis whipping around on every AI headline and index volatility spiking, I’m looking for a counterpoint, a stable, cash-generating business where I can sell volatility instead of buying drama. Cigna (CI) fits the bill — and I’d rather write my way into the stock than chase it. Cigna isn’t a growth story. Revenue growth […]
North Carolina state Treasurer Brad Briner said the year’s hottest IPO is too expensive for his pension fund to own. Briner, who oversees roughly $200 billion for North Carolina’s teachers, firefighters and police officers, said the state has invested heavily in artificial intelligence startups OpenAI and Anthropic while avoiding a direct stake in SpaceX — […]
Turns out all that glitters is not gold. Selling in the precious metal just keeps getting worse, with the GLD ETF now down 25% from its intraday record in February. Options trading in the fund has turned bearish in a hurry and is now pointing toward further downside. Even after another 3% drop on Wednesday, […]
SpaceX will debut under the ticker ‘SPCX’ this Friday, and its options will begin trading on Monday, June 16th. It’s a quick turnaround that leaves investors a little bit in the lurch. They’ll have little time and a small sample size of activity to judge how the world’s largest IPO will trade day-to-day over the […]
A Tesla Cybertruck drives past SpaceX facilities in Hawthorne, California, US, on Monday, April 13, 2026. Ethan Swope | Bloomberg | Getty Images Crypto traders in the SpaceX pre-IPO perpetual futures are expecting a big first day for Elon Musk’s much-hyped space company. The perpetual future contract is currently trading around $162 on the Hyperliquid […]
Traders work at the New York Stock Exchange on June 9, 2026. NYSE That escalated quickly. Investors’ favorite trade is suddenly the one they can’t stop betting against, even as it keeps going lower. Chip stocks in the VanEck Semiconductor ETF (SMH) are down on Tuesday. The ETF is now off more than 10% from […]
Cheng Xin | Getty Images News | Getty Images Kalshi said Tuesday that it will roll out measures to clamp down on insider trading, including a requirement for traders to provide employment details, as well as offering whistleblower services. The platform said it’s making these changes “effective immediately” after an advisory committee called for stronger […]
Kalshi’s logo appears on a smartphone placed on a reflective surface, with a blurry betting curve projected in the background in Creteil, France, on March 9, 2026, during a major scandal and $54 million lawsuit concerning bets related to recent strikes in Iran. Nurphoto | Nurphoto | Getty Images Prediction market platform Kalshi’s perpetual futures […]
Traders work on the floor of the New York Stock Exchange. NYSE Bitcoin is back above the $60,000 mark after falling below that key level for the first time since October 2024 on Friday. The world’s largest cryptocurrency has lost about 27% of its value in 2026, and it’s now about 50% off its all-time […]
Chip stocks are bouncing back Monday, but the rebound doesn’t mean tech investors are in the clear. The PHLX Semiconductor Index (SOX) suffered its fifth-largest single-day decline in history. When a sector that has effectively anchored the entire macro tech narrative moves with that kind of violence, we shouldn’t treat it as routine noise. To […]