Oct 16, 1997 9:05 AM

Mixed Markets

Markets shot skyward on the good inflation news, but then turned mixed. In mid-morning trading, the Dow, after rising more than 50 points in the first hour, was down 14, to 8043; the Nasdaq was up 5, to 1728.

Comments

Polymarket Halted International Trading After Hackers Drained Accounts

The company says an unnamed third-party provider was compromised. Trading has resumed, and Polymarket says affected traders will be made whole.

Kate Knibbs

The Atlantic’s Near-Record Hurricane Drought Is About to End

Tropical Storm Isaias is set to become the basin’s first hurricane of the season, bringing life-threatening rain and storm surge to the Gulf Coast.

Brian Kahn

Over $600 Million in Polymarket Election Trades Took Place After Races Ended

Contracts tied to elections in Ethiopia and Romania saw massive trading volumes after the outcomes were decided. “It’s obviously some form of volume manipulation,” one expert says.

Kate Knibbs

America’s Hybrid Hype Has Hit the Used Market

Demand is so high that some used cars are selling for more than new ones.

Aarian Marshall

A Prediction Market About the Past? Sure, Why Not!

As prediction markets surge in popularity, a new platform called Verifact Markets is pushing the concept even further, letting users trade on “disputed facts.”

Kate Knibbs

Why Anthropic’s IPO Prospectus Is Missing So Many Key Figures

Anthropic’s S-1 filing is hundreds of pages long—and it leaves out quite a few financial details. “Anthropic owes investors more information,” one analyst tells WIRED.

Lauren Goode

This Is What the GOP’s Final Midterms Push Looks Like

Republicans are spending their time and money on Senate races in historically red states—a sign they’re more nervous than ever as Election Day looms.

Hugo Lowell

Meta’s Ad Sales Are Suffering Now That Europeans Can Pick Less Personalization

An earnings briefing on Wednesday revealed ad revenue has slowed since the European Union introduced the Less-Personalized Ads model at the beginning of this year.

Isabella Ward

Mistral Says Its New AI Model ‘Le Chonk’ Is the Best Open-Weight Offering Outside of China

With the release of its new trillion-parameter model, Mistral is hoping to demonstrate it’s “still in the race” to build frontier-level artificial intelligence.

Joel Khalili