Wealthfront IPO: Stock price closely watched today as financial platform starts trading on the Nasdaq

Wealthfront Corporation is looking to rake in the wealth after going public on Friday. The Palo Alto-based automated digital wealth platform raised $486 million after selling 43.6 million shares, putting the company’s valuation at roughly $2 billion. Wealthfront shares began trading on the Nasdaq under the ticker “WLTH.”  The company made more than 34.6 millionContinueContinue reading “Wealthfront IPO: Stock price closely watched today as financial platform starts trading on the Nasdaq”

Kalshi users are in an uproar over their Time ‘Person of the Year’ bets

Time magazine has named the “Architects of AI” as its 2025 Person of the Year, a decision that has sparked significant backlash from gamblers who lost out on semantics. The companies behind AI tools and infrastructure aren’t “AI” in the literal sense, so prediction markets Kalshi and Polymarket ruled that anyone betting on “AI” doesn’tContinueContinue reading “Kalshi users are in an uproar over their Time ‘Person of the Year’ bets”

Trump sued by preservationists over his White House ballroom project

President Donald Trump was sued on Friday by preservationists asking a federal court to halt his White House ballroom project until it goes through multiple independent reviews and wins approval from Congress. The National Trust for Historic Preservation is asking the U.S. District Court to block Trump’s White House ballroom project, which already has involved razing the EastContinueContinue reading “Trump sued by preservationists over his White House ballroom project”

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