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New York City Launches Sweeping Investigation Into Polymarket and Kalshi
The Wall Street Journal3d agobearish
New York City Launches Sweeping Investigation Into Polymarket and Kalshi

The New York City Council is investigating four prediction markets for alleged deceptive marketing practices and targeting minors, opening a new front in the bitter, state-by-state legal war over prediction-market regulation. City Council Speaker Julie Menin sent letters to Polymarket, Kalshi, Coinbase and Gemini Titan, all of which have a presence in New York City, on Aug. 11 seeking answers about how the companies comply with consumer protection laws. In a letter addressed to Polymarket founder and Chief Executive Shayne Coplan, Menin asked for details about Polymarket promotional videos that appeared to depict fake trades and promoted insider trading on social media.

Bloomberg3d agobearish
New York City Probes Prediction Markets Over Ads, Social Harms

(Bloomberg) -- The New York City Council is probing the advertising practices of four major prediction market platforms, creating a new front in the legal battles facing the booming industry. Most Read from BloombergPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DriveFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AITata Sons Chairman to Step Down, Deepening Leadership TurmoilPakistan Says Deal Is Close Even as Iran, US Harden StancesTrump Weighs Call for Capital Ga

Elbit Systems (TASE:ESLT) Drops After Earnings, Is The Pullback A Buying Opportunity?
Simply Wall St.3d agobearish
Elbit Systems (TASE:ESLT) Drops After Earnings, Is The Pullback A Buying Opportunity?

How the latest earnings and dividend news frame Elbit Systems today Elbit Systems (TASE:ESLT) just posted second quarter 2026 results and reaffirmed its dividend, giving you fresh information on sales, profitability, backlog and cash returns to shareholders to reassess the stock. See our latest analysis for Elbit Systems. Despite the sharp 9.41% decline in the 1 day share price return to ₪2,340.0 following Elbit Systems' earnings release and dividend affirmation, the 25.66% year to date share...

How Investors Are Reacting To Northrop Grumman (NOC) Expanding Missile Defense Production And Launching Raid Hunter
Simply Wall St.4d agobearish
How Investors Are Reacting To Northrop Grumman (NOC) Expanding Missile Defense Production And Launching Raid Hunter

Earlier this month, Northrop Grumman announced two multi-year framework agreements totaling over US$3.00 billion to accelerate production of PAC-3 MSE solid rocket motors and THAAD components, alongside unveiling its new Raid Hunter 50mm gun-based air defense system for countering cruise missiles and drone swarms. These deals and the Raid Hunter launch underscore how Northrop Grumman is deepening its role in integrated air and missile defense by pairing large-scale munitions manufacturing...

Bullish (BLSH) Stock May Sit Above Fair Value Even After A 38% Fall
Simply Wall St.4d agobearish
Bullish (BLSH) Stock May Sit Above Fair Value Even After A 38% Fall

Bullish stock has fallen about 37.5% year to date, yet its valuation checks still do not flag it as a clear bargain. This raises questions about how much of the recent weakness is already reflected in the price. The year to date decline of roughly 37.5% suggests sentiment around Bullish has cooled sharply, even before any potential change in fundamentals is fully assessed. Bullish’s role in supporting Elemental Royalty’s recent Tether Gold dividend option may support the case for its digital...

2 Russell 2000 Stocks to Target This Week and 1 We Turn Down
StockStory4d agobearish
2 Russell 2000 Stocks to Target This Week and 1 We Turn Down

The Russell 2000 (^RUT) is packed with potential breakout stocks, thanks to its focus on smaller companies with high growth potential. However, smaller size also means these businesses often lack the resilience and financial flexibility of large-cap firms, making careful selection crucial.

Northrop Grumman (NOC) Secures Missile Defense Deals, Is The Stock Still Undervalued?
Simply Wall St.4d agobearish
Northrop Grumman (NOC) Secures Missile Defense Deals, Is The Stock Still Undervalued?

Why the new missile defense agreements matter for Northrop Grumman stock Northrop Grumman (NOC) has signed two multi year framework agreements worth over US$3b to expand production of missile defense components. For investors, the contracts highlight fresh visibility on demand for key defense programs. See our latest analysis for Northrop Grumman. At a share price of US$575.69, Northrop Grumman has seen a 6.68% 30 day share price return and a 0.67% 1 year total shareholder return. The 5 year...

Kratos Defense & Security Solutions (KTOS) Lands Javelin Seeker Deal After Japan Missile Test Role
Simply Wall St.4d agobearish
Kratos Defense & Security Solutions (KTOS) Lands Javelin Seeker Deal After Japan Missile Test Role

Kratos Defense & Security Solutions (NasdaqGS: KTOS) supplied key systems for Japan's Flight Test Experiment-01 missile defense trial alongside the U.S. Missile Defense Agency and Japan Maritime Self-Defense Force. The company recently secured a new U.S. Army contract to provide next-generation Javelin missile seekers for advanced munitions programs. These wins expand Kratos' role in allied missile defense testing and in core U.S. tactical weapons programs that are priorities for defense...

Lockheed Martin (LMT) Opens Strigo Center To Speed Modular Missile Development
Simply Wall St.4d agobearish
Lockheed Martin (LMT) Opens Strigo Center To Speed Modular Missile Development

Lockheed Martin (NYSE:LMT) has launched its Strigo Product Center to speed up development of modular missile technology solutions. The company is backing the new center with a US$250 million investment focused on radio frequency sensors and missile seekers. Strigo is designed to move concepts to tested capabilities in months instead of years, aiming to accelerate deployment of advanced defense systems. This push to compress development timelines in defense technology sits alongside a wider...

Chipotle Mexican Grill (CMG) Faces Salmonella Lawsuit, Is The Stock Fully Valued?
Simply Wall St.4d agobearish
Chipotle Mexican Grill (CMG) Faces Salmonella Lawsuit, Is The Stock Fully Valued?

Chipotle Mexican Grill stock reacts to Salmonella lawsuit and outbreak concerns Chipotle Mexican Grill (CMG) is back under the spotlight after a Minnesota federal lawsuit tied to a 2026 multistate Salmonella outbreak, raising fresh questions for investors about food safety risk and potential legal exposure. See our latest analysis for Chipotle Mexican Grill. The latest Salmonella headlines arrive after a stretch of weaker momentum for Chipotle Mexican Grill, with the share price down 5.38%...