CryptocurrencyKraken brings synthetic pre-IPO futures for OpenAI and Anthropic
Kraken has launched perpetual futures tied to the private-market valuations of OpenAI and Anthropic, allowing traders to bet on the firms' performance before they go public. The cash-settled contracts offer up to 5x leverage, though they provide no ownership, voting rights, or actual equity in either artificial intelligence company.
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Energy Stocks Slip as September Rate Hike Expectations Mount
Energy sector shares retreated today as traders recalibrated their portfolios for a potential interest rate hike this September. The shift in market sentiment follows surprisingly robust August employment data, which prompted analysts to reassess the Federal Reserve's likely trajectory for monetary policy in the coming weeks.
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Finance faces
The Archivist Who Became an Unlikely TikTok Star for Amex
Ira Galtman, a longtime archivist at American Express, has emerged as the company’s secret weapon on social media. By ditching influencer aesthetics for authentic, history-focused storytelling, the self-described "non-influencer" is helping the financial giant connect with a younger demographic that now accounts for a significant portion of its new business.