#markets

S&P 500 drops over 1% as Big Tech AI spending fears and $100 oil rattle markets

Tesla plunged 14.5%, Alphabet dropped 6.9%, and the Magnificent Seven shed $767 billion in market cap during the busiest week of the quarter.

Prediction markets gain UK foothold as Polymarket lists 500 live British events

Despite a lack of UK licensing, American-style prediction markets are attracting millions of pounds in bets on British politics and sport, raising regulatory alarm.

Japan PM Takaichi denies risk of Truss-style shock as markets recoil from ¥370tn plan

Prime Minister Sanae Takaichi insists Japan can avoid a UK-style bond shock, but investors are selling the yen and pushing government borrowing costs to multi-decade highs.

Young Investors Dive into Volatile Tech Stocks Amid AI Boom

Chip stocks slide, fueling AI rally and leveraged trade concerns