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Bloomberg Markets·1d ago·3 sources

SpaceX's new debt plummets, stunning bond traders

SpaceX's recently issued debt is experiencing significant and unexpected losses, causing shockwaves in the bond market.

Why it mattersSignificant and unexpected losses on SpaceX's new debt are causing concern and drawing attention in the bond market.

CNBC Markets·18h ago·2 sources

CFTC investigates prediction market Polymarket again

The CFTC has launched a new investigation into the Polymarket prediction market, reopening scrutiny after prior inquiries were closed.

Why it mattersThe Commodity Futures Trading Commission is once again investigating the prediction market platform Polymarket, reopening scrutiny after prior inquiries were cl

Fortune·5h ago

Steve Eisman: Investors are buying the wrong AI stocks

The 'Big Short' investor warns that the market is focused on the wrong companies in the AI boom, urging a shift in investment strategy.

Why it mattersA prominent 'Big Short' investor signals a potential market mispricing of AI beneficiaries, a widely watched indicator.

Bloomberg Markets·1d ago·2 sources

Reformation files for US IPO, citing rising sales

Sustainable fashion brand Reformation is going public with an IPO, showcasing increased sales and a path to profitability.

Why it mattersSustainable fashion brand Reformation's move to file for an IPO indicates a significant development in the retail sector.