Pacific Perspectives
Friday could be a wild day of trading on Wall Street. Here’s why
Wall Street could be in for a volatile end to the week as traders brace for what Goldman Sachs says will be the largest options expiration on record. Options expiration days are a monthly occurrence…
Prediction markets could hit a trillion dollars in trading volume by the end of this decade, new report says
Prediction markets could reach a trillion dollars in annual trading volume by the end of this decade, according to a new report from Eilers & Krejcik, a research firm that specializes in sports and interactive…
Santos gears up for another LNG financing after paying off PNG early
Santos is nearing a major commitment to a large new LNG project next year amid nervousness about a softening in global gas prices and worries about the cost of an investment that was last put…
AustralianSuper CIO Mark Delaney to retire, marking end of an era
AustralianSuper chief investment officer Mark Delaney will depart the $400 billion pension giant after more than 20 years, a period in which he helped transform the fund, and its predecessor Superannuation Trust of Australia, into…
S&P 500 posts four-day losing streak, Nasdaq tumbles 1.8% as Oracle sells off: Live updates
Stocks declined on Wednesday as investors continued to rotate out of key artificial intelligence names, sparked by a report that Oracle’s primary investor pulled out of one of its data center projects. The S&P 500 fell 1.16% to 6,721.43,…
Nasdaq moves to make trading nearly 24 hours. Why some on Wall Street say that’s a bad idea
Nasdaq is moving closer to around-the-clock stock trading, a shift that some on Wall Street are calling unnecessary — and potentially destabilizing. The exchange said it plans to submit paperwork to the Securities and Exchange Commission…
Telcos to pay billions more for spectrum after backlash
Australia’s three big mobile phone operators will have to pay billions of dollars more to use the radio waves that transmit mobile phone calls after their regulator increased the price it plans to charge them.…
Wall Street investors to unleash war chest on bitcoin in 2026
A wall of money from some of the America’s biggest institutional investors is expected to be pumped into bitcoin in 2026, just so long as the US Federal Reserve keeps cutting interest rates. That’s according…
Tesla stock closes at record as investors rally around Musk’s robotaxi hype despite slow EV sales
Source: https://www.cnbc.com/2025/12/16/tesla-stock-hits-record-on-robotaxi-hype-despite-drop-in-ev-sales.html
Tesla stock closes at 2025 high after Musk confirms driverless Robotaxi tests underway in Austin
Nearly six months after launching a limited Robotaxi service in Austin, Texas with safety drivers in the car, the company says it’s testing driverless vehicles in the city without humans on board. “Testing is underway with no…