CALWIRE Market Update (Friday, October 30, 2026)

By Calwire Markets Desk

  By Calwire Markets Desk

Share: Follow CALWIRE:

Today's top story: Gamble on democracy: Inside suspicious election-contracts trading on prediction markets. This roundup covers 12 stories from CNBC Top, MarketWatch, and Fortune.

Gamble on democracy: Inside suspicious election-contracts trading on prediction markets
Prediction markets' failure to call an LA primary correctly raised the possibility they can be manipulated to exaggerate the amoun... — CNBC Top

Reddit shares on track for largest ever one-day drop — and analysts say the bad news hasn’t ended
Shares in the online discussion platform tumbled 25% on Friday morning after the company issued a lower-than-expected revenue outl... — MarketWatch

$6.3 billion Binance hack is largest crypto theft on record
Binance says a security breach impacted about $6.3 billion in assets. The exchange says roughly $3 billion has been frozen and los... — CNBC Top

This strategist correctly recommended shorting Big Tech debt last year. Now he says the yields make it attractive.
Yields ranging from 6% to 8% on tech bonds provide more competition against stocks than before. — MarketWatch

Anthropic’s IPO filing spends 69,800 words on AI’s risks to investors and says little about the risks to the rest of us
Railway manias gave us the prospectus. AI needs a second one, starting with Anthropic’s 69,800 words on what could go wrong for in... — Fortune

A 3.4% GDP print hides a ‘haunted’ housing market and a September stall in the economy
AI equipment spending rose 37.4% in the third quarter while housing investment fell 3.3%, and real consumer spending stalled in Se... — Fortune

It’s the strangest job market the U.S. has ever seen. The low-hire, low-fire economy turns 3 years old.
America has always been a job-creating machine. It has broken down for three straight years, and the implications could be with us... — MarketWatch

AMD’s stock slides after Intel earnings reveal two big issues
Intel is struggling to make enough AI server chips and dealing with a weak PC market. Investors will soon find out the degree to w... — MarketWatch

This one chart tells you everything you need to know about Exxon, Chevron and BP’s forecast-beating earnings
One slide in ExxonMobil’s investor presentation after its third-quarter earnings explains the financial situation for the i... — MarketWatch

‘He was heartbroken’: My husband’s kids abandoned him when he was dying. Was he right to leave everything to me?
“In the end, he left them a few sentimental mementos, some collectibles and old photographs.” — MarketWatch

Trump, Vance scrap planned appearances in final stretch of midterm campaign
Trump and JD Vance have canceled planned appearances across three states, reducing in-person campaigning in the final days before... — CNBC Top

This Halloween, are king-sized candy bars a better deal than fun-sized ones?
Several TikTokers influencers claim you can save money and be the coolest house on the block with bigger candy this year. Let ...

Read more articles similar to this one...

Filed Under: Business CALWIRE Market Update Friday