Hirurg/iStock via Getty Images Kalshi ( KALSHI ) was valued at $22B in the prediction market platform's latest $1B Series F funding round , led by Coatue, with participation from Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley, and ARK Invest. The prediction market platform is set to use the new capital to scale adoption across hedge funds, asset managers, proprietary trading f...
Hirurg/iStock via Getty Images Kalshi ( KALSHI ) was valued at $22B in the prediction market platform's latest $1B Series F funding round , led by Coatue, with participation from Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley, and ARK Invest. The prediction market platform is set to use the new capital to scale adoption across hedge funds, asset managers, proprietary trading firms, and insurance companies. The New York City-based company said the capital raise comes amid an 800% increase in institutional trading volume over the last six months. "What started as retail is quickly becoming institutional — hedge funds, asset managers, prop firms, and insurers are beginning to trade, provide liquidity, and hedge real-world risk directly," said CEO Tarek Mansour in his LinkedIn post . "Prediction markets are moving from early adoption to core financial infrastructure. This is just the beginning," Mansour noted. "Kalshi is building the leading platform for trading in real-world events," said Philippe Laffont, founder of Coatue. "Consumers have already embraced it, and we believe institutions will follow." Over 90% of the U.S. prediction market activity and a majority of the global volume are carried out on Kalshi, according to the company statement released on Thursday. More on Kalshi Inc Schumer urges House, White House to match Senate prediction market ban Senators ban themselves from betting in prediction markets Financial information for Kalshi Inc
gonin/iStock via Getty Images Global private equity investment in autonomous vehicles in the first four months of 2026 surged to its highest level in at least 10 years, led by an outsize funding round for self-driving car company Waymo LLC ( WAYMO ). Between Jan. 1 and April 28, transaction value in the sector totaled $23.26 billion, compared with $10.18 billion in all of 2025, according to S&P Gl...
The device comes with health and fitness tracking like 24/7 heart rate, heart rhythm monitoring with Afib alerts, SpO2, resting heart rate, heart rate variability, sleep stages and duration, and more.
The device comes with health and fitness tracking like 24/7 heart rate, heart rhythm monitoring with Afib alerts, SpO2, resting heart rate, heart rate variability, sleep stages and duration, and more.
Software developer Rave on Thursday filed an antitrust lawsuit against Apple, alleging that the iPhone maker kicked Rave's app for shared viewing of video content off the Apple App Store after introducing a competing product called SharePlay. Ontario, Canada-based Rave is demanding reinstatement into the App Store and "hundreds of millions of dollars" in damages, according to the complaint file...
Software developer Rave on Thursday filed an antitrust lawsuit against Apple, alleging that the iPhone maker kicked Rave's app for shared viewing of video content off the Apple App Store after introducing a competing product called SharePlay. Ontario, Canada-based Rave is demanding reinstatement into the App Store and "hundreds of millions of dollars" in damages, according to the complaint filed in U.S. federal court in New Jersey. Apple did not immediately respond to a request for comment.
Venezuela’s government is stepping up dollar sales and allowing the bolivar to weaken, narrowing the gap with the parallel market and easing pressure on inflation. The bolivar has tumbled 7% this week to about 715 per euro on the so-called intervention market, which is measured against the European bloc’s currency. That is the largest depreciation in one week since the system was restored in late ...
Venezuela’s government is stepping up dollar sales and allowing the bolivar to weaken, narrowing the gap with the parallel market and easing pressure on inflation. The bolivar has tumbled 7% this week to about 715 per euro on the so-called intervention market, which is measured against the European bloc’s currency. That is the largest depreciation in one week since the system was restored in late March, leaving the bolivar only slightly stronger than in the informal market. The central bank sold $1.5 billion in April, the highest monthly amount since at least January 2023, according to official data . Bank president Luis Perez said in a statement on Tuesday that sales should reach $1.35 billion in May. The boost comes after US forces captured strongman Nicolas Maduro in early January, with the new acting administration of Delcy Rodriguez allowing the Trump administration to oversee proceeds from oil sales by the South American nation. Rodriguez has been taking steps to improve Venezuela’s relationship with the US and attract foreign investment, with Washington easing sanctions on the oil-rich nation and allowing more dollars to flow into the country. The US recently relaxed restrictions on Caracas’ ability to hire financial and legal advisers to rework the nation’s debt, which is estimated at $170 billion when including bonds, past-due interest, bilateral loans and other commitments. Read more: US Authorizes Venezuela to Hire Advisers for Debt Talks The increased sale of dollars has helped stabilize the bolivar on the informal market, easing pressure on consumer prices. Venezuela’s monthly inflation slowed to 10.6% in April, the lowest rate since last June, according to central bank data. But at the same time it’s been flooding the market with dollars, the central bank has also kept its official exchange rate — the legal reference for dollar prices of goods and services, as well as government budget spending — at 493.4 bolivars per dollar. That’s about 30% stronger ...
Canaccord raised its price target on Hut 8 (NASDAQ:HUT) stock to $130 from $70, keeping its Buy rating. The price target hike, delivered May 7, nearly doubles the firm’s prior valuation and reflects the company’s accelerating pivot from Bitcoin mining to AI data center infrastructure. A near doubling from a single firm ranks among the ... Canaccord Just Nearly Doubled Hut 8 Price Target to $130 on...
Canaccord raised its price target on Hut 8 (NASDAQ:HUT) stock to $130 from $70, keeping its Buy rating. The price target hike, delivered May 7, nearly doubles the firm’s prior valuation and reflects the company’s accelerating pivot from Bitcoin mining to AI data center infrastructure. A near doubling from a single firm ranks among the ... Canaccord Just Nearly Doubled Hut 8 Price Target to $130 on AI Data Center Pivot
The Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) exists for one job: deliver negative two times the daily price move of Super Micro Computer. Traders use it to press a short-term bearish view on a single AI-server name without borrowing shares or paying short-rebate fees. It is a tactical instrument, sized for hours and ... SMCZ Faces Unlimited Loss Risk as SMCI Reports Earnings Today Aft...
The Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) exists for one job: deliver negative two times the daily price move of Super Micro Computer. Traders use it to press a short-term bearish view on a single AI-server name without borrowing shares or paying short-rebate fees. It is a tactical instrument, sized for hours and ... SMCZ Faces Unlimited Loss Risk as SMCI Reports Earnings Today After Close
whyframestudio/iStock via Getty Images Recent advances in AI are complicating the exit outlook for private equity firms with long-held portfolio companies that operate in the software industry. More than 27% of active private equity portfolio companies in North America's software industry as of April were businesses acquired at least five years earlier, according to the " Private Equity Harvest Re...
whyframestudio/iStock via Getty Images Recent advances in AI are complicating the exit outlook for private equity firms with long-held portfolio companies that operate in the software industry. More than 27% of active private equity portfolio companies in North America's software industry as of April were businesses acquired at least five years earlier, according to the " Private Equity Harvest Report 2026 " from SPS by With Intelligence. About 11% were acquired seven or more years ago, well beyond the point when a private equity fund manager typically seeks to exit a portfolio company investment through a sale or IPO and return profits to the fund's limited partners. The median hold time for North America-based private equity portfolio companies at exit was 5.4 years as of the fourth quarter of 2025 and just five years in the technology sector, which includes the software industry, according to With Intelligence data. Owners of software portfolio companies preparing for exit in 2026 must contend with diminished tech-sector deal activity and unanswered questions around AI's potential to undermine software company business models and valuations, said Scott Denne, a senior financial research analyst at 451 Research from S&P Global Energy Horizons. "The holding periods are longer, and they're going to get longer because there effectively isn't an exit market for these companies," Denne said. Public market signals Concerns about AI's impact on the software sector escalated earlier in 2026 in a rout of software stocks, with the S&P North American Technology Software Index shedding 27.73% of its value between Jan. 1 and April 10 before partially recovering. As of May 4, the index was down 14.03% for the year, a period when the S&P 500 gained 4.99%. The declines reflect uncertainty about how AI might disrupt software revenue streams, including seat-based licensing models that charge per user. Now that some of those human users may be replaced by AI agents, software-as-a-se...
Manoj Madusanka/iStock via Getty Images Market Review Equity performance was broadly negative across developed and emerging markets. Heightened geopolitical tensions involving Iran, and the subsequent spike in oil prices, weighed on risk sentiment despite resilient, albeit slowing, global growth and moderating inflation. The S&P 500® Index declined 4.33% for the quarter. Within the index, 6 of the...
Manoj Madusanka/iStock via Getty Images Market Review Equity performance was broadly negative across developed and emerging markets. Heightened geopolitical tensions involving Iran, and the subsequent spike in oil prices, weighed on risk sentiment despite resilient, albeit slowing, global growth and moderating inflation. The S&P 500® Index declined 4.33% for the quarter. Within the index, 6 of the 11 Global Industry Classification Standard ((GICS®)) equity sectors finished in positive territory, led by energy and materials. Our outlook for global natural resources remains constructive, driven by structural and cyclical factors that support long-term demand. Quarterly Performance BNY Mellon Natural Resources Fund (Class A at (NAV) returned 24.60% during the first quarter of 2026. In comparison, the fund's broad-based benchmark, the S&P 500 Index ((the "Index")), returned -4.33% for the same time period. The S&P Global Natural Resources Index, which more closely reflects the fund's composition, returned 19.84% during the same time period. Average Annual Total Returns (3/31/26) Share Class / Inception Date 3 Month YTD 1 Year 3 Year 5 Year 10 Year Class A (NAV) / 10/31/03 24.60% 24.60% 49.57% 14.48% 18.59% 14.22% Class A ((5.75% max. load)) 17.43% 17.43% 40.97% 12.24% 17.19% 13.55% Class I (NAV) / 10/31/03 24.66% 24.66% 49.93% 14.76% 18.87% 14.52% S&P 500 Index -4.33% -4.33% 17.80% 18.32% 12.06% 14.16% S&P Global Natural Resources Index 19.84% 19.84% 45.06% 13.82% 12.87% 12.12% Click to enlarge The performance data quoted represents past performance, which is no guarantee of future results. Share price and investment return fluctuate, and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted. Performance for periods less than 1 year is not annualized. Go to BNY Investments for the fund's most recent month-end returns. Returns assume the reinvestment of dividends and capit...