E-Learning

Robinhood launches prediction markets to tap into event contracts demand

The company, which has become synonymous with retail investors in the U.S., is looking to cash in on the growing demand for event-based derivative contracts, once a niche asset class. Event-based derivatives are gaining traction as traders seek to bet on real-world outcomes, such as Fed decisions or elections, offering a straightforward, all-or-nothing payoff tied to specific events. However, the rise of event-based derivatives trading has drawn regulatory scrutiny, with concerns over gambling-like risks and the potential for market manipulation.

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Chevron buys about 5% of Hess stock, says it is confident of merger

(Reuters) -Chevron bought about 4.99% of Hess Corp's common shares this year, reflecting its confidence in completing the planned acquisition of Hess, the oil giant said in a regulatory filing on Monday. The second-largest U.S. oil producer agreed in October 2023 to buy Hess in an all-stock deal valued at $53 billion to gain a crucial stake in Guyana's oil-rich Stabroek block. U.S. regulators and shareholders have approved the deal, but Exxon Mobil and CNOOC, Hess' partners in Guyana, have challenged it in court.

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Darker Than a Dark Pool? Welcome to Wall Street’s ‘Private Rooms’

(Bloomberg) -- Wall Street’s infamous dark pools are getting even darker.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressThe Dark Prophet of Car-Clogged CitiesSaving the Signature Sound of Washington, DCA decade after being engulfed by a controversy that culminated in multiple enforcement actions and a regulator clampdown, these off-exchange

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3 Software Stocks Walking a Fine Line

From commerce to culture, software is digitizing every aspect of our lives. The undeniable tailwinds fueling the industry have also led to strong returns for SaaS stocks lately as they’ve gained 6.2% over the past six months. Investing here would have been wise - at the same time, the S&P 500 was stuck in neutral.

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