Today: 19 May 2026
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ASX:4DX 19 December 2025 - 19 January 2026

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  • Minnesota Bans Prediction Markets, Faces Federal Legal Challenge
    May 19, 2026, 1:41 PM EDT. Minnesota became the first U.S. state to ban prediction market platforms like Kalshi and Polymarket, making it a crime to host or advertise such services. Prediction markets allow users to wager on future events, spanning sports to world affairs. The new law, effective August, also targets services enabling users to bypass the ban, such as VPNs. The Commodity Futures Trading Commission (CFTC) sued to block the legislation, asserting exclusive federal regulation over these markets and warning the law criminalizes lawful participants. Minnesota lawmakers defend the ban as necessary for public safety and gambling regulation. Similar bills are pending in seven other states amidst rapid industry growth and ongoing legal battles over jurisdiction and regulation.

Latest articles

Celestica Drops in Toronto as AI Hardware Trade Struggles

Celestica Drops in Toronto as AI Hardware Trade Struggles

19 May 2026
Celestica’s Toronto-listed shares fell about 5% Tuesday as the TSX reopened after Victoria Day, mirroring a 4.4% drop in its U.S.-listed shares Monday. The stock has retreated despite Celestica raising its 2026 revenue and profit outlook last month. Shares traded near $340.54 in New York early Tuesday afternoon. Other contract manufacturers, including Jabil and Flex, also declined.
CMB.Tech Shares Rise on Big Q1 Profit, Announces $0.64 Dividend

CMB.Tech Shares Rise on Big Q1 Profit, Announces $0.64 Dividend

19 May 2026
CMB.TECH shares rose 12.15% to 14.58 euros in Brussels after first-quarter profit jumped to $368.8 million from $40.4 million a year earlier. The company plans a $0.64-a-share distribution, pending approvals. CEO Alexander Saverys cautioned that tanker rates could fluctuate if the Strait of Hormuz reopens.
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