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CME Launching Futures Market For AI Compute
CME Launching Futures Market For AI Compute
US derivatives exchange CME Group and index provider Silicon Data have teamed up to create a futures market for computing power, a key source driving the AI boom. Bloomberg reports that the futures will help traders, financial firms, AI builders and cloud providers manage volatility and price swings. Indexes from market-intelligence firm Silicon Data will help underpin the products. The project is still pending regulatory review.
“As the backbone of the digital economy, compute is the new oil of the 21st century,” CME CEO Terry...
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Jun 1, 2026 / Tyler Durden
Interest In Politics Often Ranks Low
Interest In Politics Often Ranks Low
Interest in politics varies among countries and for many of the 34 nations surveyed by Statista Consumer Insights between April 2025 and March 2026, politics was in the bottom half of the most frequently named personal interests out of 18 surveyed. The topic ranked lowest in India (16 out of 18), Malaysia (16) and Saudi Arabia (16).
As Statista's Anna Fleck shows in the chart below, the share of respondents naming politics as an interest also varied between countries where it ranked similarly.
You will find more infographics...
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Apr 14, 2026 / Tyler Durden
Fed Chair Nominee Kevin Warsh Reveals Assets Worth Over $190 Million
Fed Chair Nominee Kevin Warsh Reveals Assets Worth Over $190 Million
Trump's nominee for next Fed Chair, Kevin Warsh, disclosed assets with his wife, heiress Jane Lauder, that total at least $192 million, though - according to Bloomberg - "the actual figure for their holdings is certainly much higher", underscoring the extent of his close ties to Wall Street through personal investments and advisory positions. Warsh, who was chosen in January by President Donald Trump to succeed Jay Powell, received more than $13 million in consulting fees last year, including $10.2...
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Jul 27, 2026 / Tyler Durden
Key Events This Busy Week: FOMC, PCE, GDP, War On/War Off... And Earnings Galore
Key Events This Busy Week: FOMC, PCE, GDP, War On/War Off... And Earnings Galore
Before we look at the week ahead, a quick look at the main event that defines the market this Monday morning: after 13 consecutive nights of US strikes aimed at degrading Iran’s ability to threaten commercial shipping, Washington has refrained from further attacks since late Friday, while Tehran has publicly stated that it has also suspended retaliatory operations. The pause falls short of a formal ceasefire, but both sides are presenting it as an opportunity...
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