2d ago
Kalshi hits $1B non-sports weekly volume, up from $35.2M a year ago
Kalshi recorded $1 billion in non-sports weekly trading volume for the first time, up from $35.2 million a year earlier. The same week, Polymarket posted $442.3 million in non-sports weekly volume, putting Kalshi at more than 2.2x larger on that measure. The shift follows a period in which Polymarket led non-sports activity earlier in the year while Kalshi was more associated with sports contracts.
AAVE
AAVE-3.63%
2d ago
2d ago
Cisco (CSCO) Rallies 20% as AI Orders Smash $9B Target, Announces 5% Job Cuts
Cisco Systems (CSCO) sent shockwaves through the tech sector on Wednesday, surging nearly 20% in after-hours trading after reporting a massive uptick in AI-related infrastructure orders. The networking giant raised its full-year AI order forecast to $9 billion, up from a previous estimate of $5 billion, proving that the "AI Gold Rush" is moving beyond chips and into the fabric of the data center itself.
2d ago