Prediction market Polymarket hires Goldman Sachs veteran Lisa Mantil after a nearly three-decade run at the investment bank, coinciding with Nvidia's…
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Nvidia is planning to spend hundreds of billions of dollars buying its own stock at valuations the chipmaker's CEO Jensen Huang considers historically cheap based on earnings expectations, according to CNBC. The announcement marks one of the largest stock buyback programs in corporate history and signals confidence in the company's long-term value despite recent market volatility.
Separately, Polymarket, a cryptocurrency-based prediction market platform, has hired Lisa Mantil, a nearly three-decade Goldman Sachs veteran, to lead its efforts to attract institutional traders. Mantil's hire represents a significant push by the platform to bridge decentralized betting markets with traditional Wall Street liquidity providers.
U.S. tariff restrictions on Canadian imports took effect Monday, with President Donald Trump stating he expects Ottawa to concede to trade demands in the coming weeks. Canadian officials have insisted they will not sign what they characterize as a bad deal, escalating a trade dispute with implications for North American supply chains and markets.
Analysts note that the converging financial narratives—corporate stock repurchases, crypto markets seeking mainstream legitimacy, and transatlantic trade tensions—reflect broader uncertainties facing investors as they weigh monetary policy signals against geopolitical risks.
Sources: 1.