The S&P 500 fell 3.8% on Thursday, driven by AI and chip stocks, bringing the index within reach of the first market‑wide circuit breaker and spilling over into crypto markets.
VanEck argues the October plunge in mining firms expanding into AI data centers reflects excessive fear, not fundamentals, and sees a buying opportunity.
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How to read this market
What does the percentage mean?
It is the latest price of the Yes outcome. Traders pay that share of a dollar for a contract that pays $1 if the event happens, so the price reads as the market's estimate of the chance.
Who decides the result?
The market resolves by the rules below. Polymarket uses the UMA optimistic oracle: anyone can propose the outcome and dispute it during a challenge period.
Can I bet from COINMAG?
Yes, where Polymarket is available. You connect your own wallet; the bet goes to Polymarket and the money never passes through COINMAG. A COINMAG fee of 1% is added to each bet.
Anthropic’s third‑quarter filing shows revenue growth erased by $600 million of price reductions, while compute expenses jumped 77%, turning a profit into a loss.
Bitcoin fell to $76,861 amid falling Treasury yields, weak tech equities and record outflows from US spot Bitcoin ETFs, challenging a near‑term recovery.