What the Primary Upsets Tell You About Prediction Markets

Tech giants slide ahead of WWDC, chips bounce back, and prediction whales bet big on an imminent Claude 5 drop.

The Nasdaq takes a 1,100-point nosedive on Friday while prediction whales bet heavily against OpenAI's summer supremacy.

Nasdaq slides as the US-Iran conflict flares up in Kuwait. Plus: The smart money's 96% lock to fade OpenAI this month.

A major upset in Iowa upends the GOP midterm narrative, the S&P clears 7,600, and Iran builds a toll booth in the Strait of Hormuz.