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Apr 20, 2026 / Tyler Durden
Psychedelic Stocks Soar After Trump Order; RBC Says Commercialization Path Could Accelerate
Psychedelic Stocks Soar After Trump Order; RBC Says Commercialization Path Could Accelerate Psychedelic drug stocks soared in premarket trading in New York after President Trump signed an executive order aimed at accelerating research and expanding access to therapies used for post-traumatic stress disorder (PTSD). "The executive order I'm signing, we're actually signing the executive order today, is really a moment," Trump said at the signing event. "These treatments are currently in the advanced stages of clinical trials to ensure that they're both safe and effective for the American patients." President Trump...
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Apr 8, 2026 / Tyler Durden
Trader Makes $23 Million In One Day With Massive S&P Call Purchase Hours Before Ceasefire
Trader Makes $23 Million In One Day With Massive S&P Call Purchase Hours Before Ceasefire A trader who made a large bet on a stocks rocketing in the coming weeks is up about $23 million in paper profit today, according to Bloomberg. The unknown trader spent $12 million premium on 6800 lots of 6950 S&P 500 Index Options (SPX) calls for May 8 expiry, when the index was at 6556.21; the trade was executed around 10:20 a.m. Eastern on Tuesday, just hours before Trump's announcement of a 2-week ceasefire which sent...
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Mar 23, 2026 / Tyler Durden
Lawmakers Introduce Bipartisan Bill To Ban Sports Betting Via Prediction Markets
Lawmakers Introduce Bipartisan Bill To Ban Sports Betting Via Prediction Markets Lawmakers have never met a market they didn't want to control. And when they can't do that, they try to crush them - sometimes after taking six-figure donations from competing lobbies. To wit; Sens. Adam Schiff (D-CA), and John Curtis (R-UT), on Monday introduced legislation that would prohibit federally regulated prediction-market platforms from offering wagers on sports events, targeting what they call a regulatory backdoor that has let online betting proliferate beyond state control. Reading between the lines, prediction market betting is...
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