Global Markets Recover as Democrats’ Midterm Victory Raises AI Regulation Concerns
Global stock markets recovered on Wednesday after an initial decline triggered by the Democratic Party’s sweeping victories in the US midterm elections, which raised concerns over tighter regulatory scrutiny of the artificial intelligence sector....
US Midterm Elections Put AI Stocks and Market Stability in Focus
Investors are closely monitoring the US midterm elections as a potential shift in congressional control could influence financial markets, particularly the artificial intelligence (AI) sector. The elections come at a fragile time for markets,...
Apollo Launches €10 Billion European Credit Platform to Support Regional Investments
Global asset management firm Apollo has launched a €10 billion European credit platform, aiming to capitalise on rising demand for private financing as Europe increases investments in defence, energy and infrastructure. Named the European...
Kalshi Raises $1 Billion at $40 Billion Valuation
Kalshi, the New York-based prediction-market startup, has raised $1 billion in a new funding round, valuing the company at $40 billion as it seeks to expand beyond event-based contracts and compete with traditional financial...
Advent Raises $30 Billion Across Latest Private Equity Funds
Global private equity firm Advent International has raised $30 billion across its latest fund complex, securing capital for its flagship buyout fund and a new mid-market investment strategy. Announced on Tuesday, the fundraising highlights...
AI Investment Boom Faces Rising Credit Risks as Default Protection Hits Record Highs
The cost of insuring against defaults by US technology companies hit record highs on Thursday, signalling growing credit stress in the artificial intelligence (AI) investment boom. Rising US inflation and expectations of higher interest...
JPMorgan Misses Profit Estimates as IPO Market Slows
JPMorgan Chase reported its first quarterly profit miss in nearly three years on October 13, as market volatility, economic uncertainty and slowing dealmaking weighed on its investment banking and trading businesses. The banking giant...
US Securities Industry Profits Surge to $45.9 Billion in First Half of 2026
Profits across the US securities industry reached $45.9 billion in the first half of 2026, putting Wall Street on track to set a new annual record, according to a report released by New York...
Prediction Markets’ Expansion Into US Stocks Sparks Regulatory Concerns
Prediction markets are rapidly expanding into US stocks and corporate events, raising concerns over investor protection and regulatory oversight, according to independent data and legal experts. Platforms such as Polymarket and Kalshi, initially known...
Hedge Funds Pull Back from Treasury Basis Trade as Profitability Declines
Hedge funds are scaling back their leveraged Treasury basis trades as declining profitability and improved market conditions reduce the appeal of the strategy. Funds committed to the trades have fallen 20% this year to...