Is SOUN still a strong AI play after its Q1 selloff, despite 52% revenue growth, and can OASYS and the LivePerson deal outweigh margin pressure and valuation concerns?
Is SOUN still a strong AI play after its Q1 selloff, despite 52% revenue growth, and can OASYS and the LivePerson deal outweigh margin pressure and valuation concerns?
Trading volume on Polymarket has declined for the first time in eight months, a setback that comes as its founder acknowledges missteps and its chief rival Kalshi Inc. continues to grow. Monthly notional trading volume on Polymarket’s offshore exchange and US app slipped by roughly 9% to $10.3 billion in April, according to user-compiled data on Dune Analytics. Kalshi’s volume rose 13% to $14.8 bi...
Trading volume on Polymarket has declined for the first time in eight months, a setback that comes as its founder acknowledges missteps and its chief rival Kalshi Inc. continues to grow. Monthly notional trading volume on Polymarket’s offshore exchange and US app slipped by roughly 9% to $10.3 billion in April, according to user-compiled data on Dune Analytics. Kalshi’s volume rose 13% to $14.8 billion. The last time volume declined on Polymarket was August 2025, the month before the National Football League regular season kicked off, attracting legions of new users. Polymarket later set its volume record in March, spurred by major sporting events including the March Madness college basketball tournament. A Polymarket spokesperson said that volume dipped last month because of a technical overhaul designed to handle increased activity. The upgrade was rolled out on April 28 after a delay. “Over the coming weeks, we are shipping a series of updates that will make trading faster and smoother than ever — reducing delays and delivering the biggest speed improvement in Polymarket’s history,” the spokesperson said in a statement on Wednesday. Polymarket had more trading volume than any other prediction market exchange for most of the past few years, but it was overtaken in September by Kalshi. Polymarket has faced challenges including trading outages and delayed product launches, as well as scrutiny from lawmakers over the types of bets allowed on the platform and allegations of insider trading. At the same time, the company’s valuation has continued to increase as the nascent industry grows. Polymarket was recently valued at $15 billion when it received a $600 million investment from Intercontinental Exchange Inc., the parent company of the New York Stock Exchange. Read More: Polymarket Loses Lead as Delays, Apologies and Blowback Mount Founder Shayne Coplan has publicly acknowledged stumbles, saying that he sometimes found it difficult to delegate and communicate goals a...
French football captain warned against prospect of far-right National Rally party gaining power The French football captain, Kylian Mbappé, has angered Marine Le Pen’s far-right party after expressing concerns about it winning next year’s presidential election. Mbappé, 27, who grew up in Paris’s northern suburbs , in a family with Algerian and Cameroonian heritage, told Vanity Fair this week: “I k...
French football captain warned against prospect of far-right National Rally party gaining power The French football captain, Kylian Mbappé, has angered Marine Le Pen’s far-right party after expressing concerns about it winning next year’s presidential election. Mbappé, 27, who grew up in Paris’s northern suburbs , in a family with Algerian and Cameroonian heritage, told Vanity Fair this week: “I know what it means and what consequences it can have for my country when people like them come to power.” Continue reading...
Laurence Berger April’s headline-grabbing 0.6% M/M rise in the U.S. Consumer Price Index masks what economists at Pantheon Macroeconomics believe is a more optimistic underlying trend: core inflation has likely peaked. The 0.38% increase in core CPI—which excludes volatile food and energy prices—was largely driven by one-time factors, according to Samuel Tombs, Pantheon’s chief U.S. economist. Ove...
Laurence Berger April’s headline-grabbing 0.6% M/M rise in the U.S. Consumer Price Index masks what economists at Pantheon Macroeconomics believe is a more optimistic underlying trend: core inflation has likely peaked. The 0.38% increase in core CPI—which excludes volatile food and energy prices—was largely driven by one-time factors, according to Samuel Tombs, Pantheon’s chief U.S. economist. Over half of the rise came from a technical catch-up in rent calculations after the Bureau of Labor Statistics couldn’t conduct its October survey during last year’s government shutdown. Other temporary spikes included an 11.9% jump in tax preparation services as filing season ended and a 2.8% surge in airline fares driven by a rush of bookings, the note said. Google Trends data suggest flight searches have since normalized, pointing to falling airfares in May. Pantheon forecasts the core CPI to rise by an average of just 0.20% over the next three months. While headline inflation may climb to around 4.1% in May due to higher gasoline ( UNG ) ( BOIL ) prices, the firm expects core CPI inflation has already peaked at 2.8%. Looking further ahead, Pantheon projects core PCE inflation—the Federal Reserve’s preferred measure—will average 3.0% in the fourth quarter, potentially enabling the Federal Open Market Committee to resume rate cuts at its December meeting. But the market's base case is a hold at the current 3.50%-3.75% target range, and odds of a rate hike surged this week as inflation data came in hot, especially at the wholesale level. Pantheon Macroeconomics More on the U.S. Economy The Euro And Sterling Are Threatening To Break Lower, While A Record Current Account Surplus Does Not Prevent The Yen From Challenging Intervention Levels EUR/USD, GBP/USD And Dollar Index Overview - The U.S. Dollar Rallies Back After CPI, Is The Correction Over? Higher Inflation Is Becoming Baked Into Expectations US2Y reclaims 4% as yields climb on hotter-than-expected PPI report Fed funds fu...