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Jacob Fortinsky, the CEO and cofounder of the new prediction market Novig, says his outfit isn't like those other markets. Twenty-eight-year-old Jacob Fortinsky has been busy. "I was a groomsman at two weddings this weekend," he tells me over Zoom. Also, the sports trading company he runs, Novig, launched its prediction market last week, facilitating $18 million in trading volume on its first day. Today, Novig launches a "responsible trading framework" in its exchange rulebook, codifying its guardrails as part of its effort to be seen as a kinder, gentler prediction market player.

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From pessimism around dating to AI reshaping culture, cyber-ethnographer Ruby Thelot tells WIRED why people are putting too much stock into things that go viral. For the last decade on social media, Ruby Thelot has asked himself the same questions when he encounters viral content online: Is this an ad? Is this an actual trend or just a fluke? While trends like " 6-7 " and " looksmaxxing " have recently broken containment, not every new term or subcultural phenomenon has real mainstream staying power. Remember, in years past, when tech bros tried to make NFTs a thing? Or that period when audio chat apps like Clubhouse were pitched as the future of social media but quickly flamed out? ( A prediction WIRED was not immune to.)

When you purchase through links in our articles, we may earn a small commission. How to change up Windows 11's Widgets panel--or disable it altogether Windows 11's default widgets display the weather, stock market prices, and more. You can customize them, or you can turn them off entirely. By default, Windows displays so-called widgets at the far left of the taskbar. These include, for example, current weather information or stock market prices.

What Does the Humbling of Leopold Aschenbrenner Mean for the A.I. Bubble? In the classic book " Manias, Panics, and Crashes: A History of Financial Crises," the economic historian Charles Kindleberger divided episodes of speculation into five stages. Citing the work of Hyman Minsky, the post-Keynesian theorist, Kindleberger writes that the process begins with a displacement, such as the emergence of an important new technology, or a major policy shift, that gets investors excited about the future. They start to bid up asset prices, and capital floods into the affected sector. As optimism spreads, an investment boom--the next stage--develops, much of it facilitated by credit expansion, and the repercussions are felt in the broader economy.

When you purchase through links in our articles, we may earn a small commission. Sterling Stock Picker uses AI to analyze stocks, build portfolios, and answer investing questions--and a lifetime subscription is $49.97 (MSRP $486) through today, Aug. 9. The hard part is figuring out which ones are actually worth paying attention to. Sterling Stock Picker is built to simplify that process by doing much of the heavy lifting for you. Available for $49.97 (MSRP $486) through today, Aug. 9, this lifetime subscription gives you access to AI-powered tools that analyze stocks and deliver straightforward buy, sell, hold, or avoid recommendations.

A screen displays stock market index data as traders work on the floor at the New York Stock Exchange in New York City on Tuesday. A screen displays stock market index data as traders work on the floor at the New York Stock Exchange in New York City on Tuesday. S&P 500 shot up 1.8% and the main measure of Wall Street's health topped its prior all-time high set a few months ago Tue 4 Aug 2026 16.56 EDTLast modified on Tue 4 Aug 2026 18.03 EDT The US stock market rallied to records on Tuesday as profits kept piling up for companies and as oil prices eased. The S&P 500 shot up 1.8%, and the main measure of Wall Street's health topped its prior all-time high set a couple months ago. The Dow Jones industrial average added 907 points, or 1.7%, to its own record set the day before, while the Nasdaq composite jumped 2.6%.

The Chinese have broken the Dutch company's hold over deep-ultraviolet lithography, a technique essential to the computer chip supply chain. The Chinese have broken the Dutch company's hold over deep-ultraviolet lithography, a technique essential to the computer chip supply chain. Even for the rollercoaster world of AI, last week was particularly volatile as investors scrambled to keep up with developments that threatened the dominance of the largest western chipmakers. It began with a double whammy. On Monday, the Chinese memory chipmaker CXMT floated on the Shanghai stock market, soaring by 466% in value to 3.3tn yuan (£365bn).

Tesla reported its second-quarter earnings on Wednesday, disclosing far lower profits than expected. The company's already beleaguered stock, which had fallen about 14% this year to date, dipped further following the earnings report. Elon Musk's automaker, once the pinnacle of his tech empire, has taken a back seat to SpaceX. Musk's rocket and AI company held the largest stock market debut in history last month, turning the richest man on Earth into the world's first trillionaire, though his net worth has since fallen from its peak. Tesla revealed earnings of 31 cents per share, a measurement of profits divided by the number of outstanding shares, less than the 51 cents per share Wall Street predicted.