Kalshi and Polymarket, two prominent platforms in the prediction market industry, are reportedly targeting valuations of approximately $20 billion each. According to BWEnews, this ambitious goal reflects the growing interest and investment in prediction markets, which allow users to bet on the outcomes of various events. These platforms have gained attention for their innovative approach to forecasting and their potential to influence decision-making across different sectors. The Wall Street Journal reports that both companies are actively pursuing strategies to achieve these valuations, highlighting the competitive nature of the industry and the increasing demand for predictive analytics. As the market evolves, Kalshi and Polymarket are positioning themselves as key players in the field, aiming to capitalize on the expanding opportunities within the prediction market space.

On Mar 06, 2026, 22:42 PM(UTC). According to Binance Market Data, BNB has crossed the 630 USDT benchmark and is now trading at 630.25 USDT, with a narrowed narrowed 2.87% decrease in 24 hours.

The Justice Department has unveiled new documents concerning Jeffrey Epstein, the financier who died in disgrace. Bloomberg posted on X, revealing that these documents include FBI interview notes containing unverified claims involving U.S. President Donald Trump. The release of these documents adds to the ongoing scrutiny surrounding Epstein's connections and activities. Epstein, who was facing charges of sex trafficking, had numerous high-profile associations, which have been the subject of extensive investigation and public interest. The newly released materials are part of a broader effort to shed light on Epstein's network and the allegations tied to it. The Justice Department's action is likely to fuel further discussions and inquiries into the matter, as the public and authorities continue to seek clarity on the extent of Epstein's influence and the implications of his associations.

SK's battery division is cutting over a third of its workforce at its Georgia facility. Bloomberg posted on X that the South Korean company is responding to a decline in electric vehicle sales. The decision reflects broader challenges in the electric vehicle market, impacting production and employment strategies. SK's move highlights the ongoing adjustments manufacturers are making in response to fluctuating demand in the industry.

U.S. President Donald Trump has called on lawmakers to implement a national framework to stabilize college sports. Bloomberg posted on X, highlighting the significant transformations the sector has undergone in recent years. Trump's appeal comes amid ongoing debates about the evolving nature of college athletics and the need for consistent regulations across the nation. The push for a unified set of rules aims to address the challenges and ensure fairness in the rapidly changing landscape of college sports.

The head of the FDA's division of vaccines and gene therapies is stepping down from the agency following a challenging period, according to a source. Bloomberg posted on X, highlighting the departure amid ongoing scrutiny and pressure within the agency. The resignation comes as the FDA continues to navigate complex issues related to vaccine approvals and gene therapy regulations. The outgoing chief's tenure was marked by significant challenges, including public and political pressures, as well as the need to adapt to rapidly evolving scientific developments. The agency is now tasked with finding a successor who can lead the division through these critical times. The FDA has not yet announced who will take over the position or the timeline for the transition. This change in leadership occurs as the agency remains focused on ensuring the safety and efficacy of vaccines and gene therapies in the face of growing public interest and demand.

European stock markets closed lower as tensions in the Middle East showed no signs of easing, and U.S. job openings fell unexpectedly, creating uncertainty about future interest rate cuts. According to RTHK, Germany's DAX index ended at 23,591 points, down 224 points or 0.9%. France's CAC index fell below the 8,000-point mark, closing at 7,993 points, a decrease of 52 points or nearly 0.7%. The UK's FTSE 100 index closed at 10,284 points, down 129 points or 1.2%. Over the week, the UK market fell nearly 6%, while German and French markets each dropped nearly 7%, marking the largest single-week decline since April of last year.

A majority of investors holding Kennedy-Wilson bonds are reportedly planning to bypass the company's debt exchange offer in favor of a cash payment. Bloomberg posted on X, citing sources familiar with the matter, that these bondholders are opting for a direct cash settlement rather than participating in the proposed exchange. This decision reflects a preference for immediate liquidity over the terms of the debt exchange. The move by the bondholders could impact Kennedy-Wilson's financial strategy as it navigates its debt obligations.

AVAX One repurchases over two million shares under buyback program. source: https://www.thestreet.com/crypto/innovation/avalanches-avax-one-repurchases-2-4m-shares-citing-undervalued-stock

null source: https://x.com/reutersbiz/status/2030044591106212175

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