Dow Jones Top Financial Services Headlines at 4 PM ET: DraftKings Sees $1.3 Billion in Prediction Market Trading. The Stock Is Soaring. | Kalshi ...
DraftKings Sees $1.3 Billion in Prediction Market Trading. The Stock Is Soaring.
DraftKings said annualized consumer trading volume on its prediction-markets platform reached $1.3 billion, offering an early sign that its expansion beyond traditional sports betting may be gaining traction.
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Kalshi Plans to Require Users Disclose Where They Work to Make Certain Trades
The popular predictions market is putting new guardrails in place for certain bets as concerns rise about suspicious activity.
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Intesa Bids $35 Billion for Monte dei Paschi
The approaches pit Intesa and BPM against each other for control of their domestic rival, continuing a wave of dealmaking activity in Italy's banking industry.
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For a Select Few, IPOs Are Winners. Good Luck to Everyone Else.
Buyers who get the offer price historically have seen the biggest returns, and SpaceX isn't likely to be different.
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Hunter Point Capital Raises $4.3 Billion for General Partner Financing
The firm plans to use the money to provide financing to asset managers and the funds they oversee.
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Property Insurers Are Piling Into Private Assets, as Other Investors Hit Pause
Illiquid assets are a fixture in life-insurer portfolios. But property insurers have sudden payouts for hurricanes or wildfires, making illiquidity a riskier proposition.
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Financial Services Roundup: Market Talk
Find insight on bitcoin ETFs, Intesa Sanpaolo, DBS Group and more in the latest Market Talks covering Financial Services
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Stock Funds Are Up 11.5% This Year Thanks to Tech Rally
May's tech-fueled rally adds to a turnaround for investors. Plus: A Financial Flashback, the 10th anniversary of Brexit.
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JPMorgan, Citi and Big Banks Plan New Tokenized Deposit System to Answer Crypto
The new network could help banks contend with a wave of new competition from stablecoins and crypto firms.
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Blackstone Investors Ask to Pull $4.4 Billion From Private-Credit Fund
The fund capped client redemptions at 5%, an about-face from Blackstone's decision to pay out all requests earlier this year.
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Commerzbank Asks Regulator to Review UniCredit Offer Support Levels
The move escalates a tussle between Commerzbank and its largest shareholder, with less than two weeks left for UniCredit's offer to buy the stake in the German bank it doesn't already own.
(END) Dow Jones Newswires
June 09, 2026 16:15 ET (20:15 GMT)
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