New Jersey can’t regulate Kalshi’s prediction market, US appeals court rules

Nate Raymond

The CFTC has exclusive jurisdiction over Kalshi sports event contracts, the court rules The ruling marks the first federal appeals decision regarding state vs. federal regulation of prediction markets The dissenting judge said that Kalshi’s offerings were similar to conventional gambling April 6 (Reuters) – A state appeals court ruled on Monday that New Jersey … Read more

US tech stocks struggle to find safe haven in Iran’s stock market collapse

Six-month performance of the S&P 500, the technology sector and the Roundhill Magnificent 7 ETF

The technology sector, the Magnificent Seven stocks have been suffering since the start of the war The S&P 500 is on track for its worst quarter since 2022 High productivity, AI issues amid technological pressures Earnings expectations remain strong, valuations look even more attractive NEW YORK, March 31 (Reuters) – Technology shares are struggling to … Read more