Polymarket Founder Becomes World’s Youngest Self-Made Billionaire After ICE Deal
Shayne Coplan becomes the youngest self-made billionaire after ICE, the New York Stock Exchange parent, invests $2 billion in Polymarket.
Archives - 2025 - Page 12
Browse MarketSpeaker’s complete reporting archive across markets, business, the economy, companies, investing, and personal finance. Organized chronologically, it provides a clear record of the developments shaping investors, businesses, and everyday financial decisions.
Spot Silver Price Tops $49/oz for the First Time Since April 2011
By Nathan Cole
Spot silver prices surged past $49 per ounce on Wednesday, reaching levels not seen since April 2011 and renewed interest in precious metals markets.
Nvidia Commits Up to $2B to Finance xAI’s Chip Needs in $20B Round
Nvidia will invest as much as $2 billion in xAI’s $20 billion funding round, backing the startup’s purchase and rental of its own GPUs.
BNB Flips XRP as Market Cap Surges Past $180B
BNB reached a record high near $1,330, surpassing XRP in market capitalization and reinforcing its position as the third-largest cryptocurrency.
NYSE Owner to Invest $2 Billion in Polymarket, Valuing Platform Near $8B
ICE, owner of the New York Stock Exchange, is in advanced talks to invest $2 billion in prediction market operator Polymarket, in a move that could validate its U.S. return strategy.
Gold Hits $4,000 an Ounce for the First Time in History
Gold prices surged to a record $4,000 per ounce, driven by renewed demand for safe-haven assets amid global market volatility and interest rate uncertainty.
OpenAI Secures AMD Chips Deal, AMD Stock Jumps 30%
OpenAI and AMD agreed on a multi-gigawatt GPU deployment that could award OpenAI up to 160 million AMD shares. AMD stock surged while rivals cooled.
Berkshire Hathaway Buys Occidental’s OxyChem for $9.7B in Major Cash Deal
Berkshire Hathaway agreed to acquire Occidental Petroleum’s OxyChem division for $9.7 billion in cash, marking Warren Buffett’s largest purchase since 2022.
Gold Prices Soar Past $3,800 as U.S. Shutdown Risk and Rate Cut Bets Drive Demand
Gold surged to a record high above $3,800 per ounce Monday as investors rushed into safe haven assets amid fears of a U.S. government shutdown and growing expectations of Federal Reserve rate cuts.
U.S. to Impose 100% Tariff on Branded Drugs Unless Firms Build Plants
President Trump says a 100% tariff will apply to branded pharmaceutical imports from Oct. 1, unless the companies have begun building manufacturing plants in the U.S.
Premium Travel Cards Now Cost Over $500 a Year – Here’s How to Make Them Pay
Premium travel rewards cards now carry annual fees topping $500. With careful use of credits and perks, cardholders can still come out ahead.
Paper Social Security Checks Ending September 30 as Payments Go Digital
The U.S. government will phase out nearly all paper Social Security payments by September 30, 2025, requiring recipients to switch to direct deposit or prepaid debit cards.
Trump’s SALT Deduction Cap Increase Delivers Uneven Benefits Across States
President Trump’s new tax measure raises the SALT deduction cap to $40,000, with residents in states like New York and California seeing the biggest median savings.
Huawei Unveils Three-Year Plan to Challenge Nvidia in AI Chips
Huawei has detailed a three-year campaign aimed at narrowing the technological gap with Nvidia, relying on scale, national strategy and integrated infrastructure rather than raw silicon supremacy.
New York to Send Inflation Refunds to 8 Million+ Residents This Fall
The New York Department of Taxation and Finance will send refund checks to over 8 million residents starting late September, with exact amounts based on 2023 income and filing status.