Davis Giangiulio on Muck Rack

Davis Giangiulio

Verified
  • Markets Reporter, CNBC
New York, Philadelphia
As seen in: CNBC, MSN, Yahoo Life, Business Insider, MSN Malaysia, MSN Philippines, Aol, NBC News, Yahoo Finance, MarketWatch, Chicago Sun-Times and
Reporting on prediction markets @CNBC | Past: @Suntimes, @NBCNews, @ajc | Bylines @BusinessInsider, @MarketWatch, @TeenVogue + more | Signal: davisg.26 | He/him
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Articles

Kalshi traders think gas prices will stay higher for longer as U.S.-Iran tensions heat back up Original

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By Davis Giangiulio Verified
| CNBC Verified
Motorists purchase gas at a station on June 09, 2026 in Chicago, Illinois. Scott Olson | Getty Images With the U.S. and Iran exchanging strikes once again — and the status of when normal traffic flows in the Strait of Hormuz  will return in doubt — traders on prediction market platform Kalshi think gas prices will likely still be elevated for longer now. Speculators think there's a 75% chance that gas prices on election day, Nov.
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Prediction markets spark insider trading concerns. Here's how Goldman and other companies are responding

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By Davis Giangiulio Verified, ANANYA CHETIA
| CNBC Verified
A supporter checks the gambling site 'Kalshi" just before State Assembly member, Alex Bores (D-NY) gives a speech to supporters at his watch party at The Freehand Hotel after conceding the congressional race to Micah Lasher who will replace Rep Jerry Nadler (D-NY) in NY's 12th Congressional District on June 23, 2026 in New York City.
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Stocks making the biggest moves midday: Broadcom, Chevron, Alibaba, Carnival & more

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By Davis Giangiulio Verified
| CNBC Verified
Broadcom — Shares of the chipmaker were up 6% after Apple announced an expansion of the two companies' partnership. The multiyear deal will exceed $30 billion and lead to 15 billion U.S.-made chips. It also includes an expansion of a Broadcom facility in Fort Collins, Colorado. Apple' s stock was also rising, but just by 1%. Moderna — The biotech giant shed 7% after Morgan Stanley reiterated its equal-weight rating on the stock.
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