AAPL perpetual futures log $4.61 million as Kalshi’s contracts face a legal challenge

Kalshi's perpetual futures on AAPL, AMZN and AMD were trading on November 5, 2026, offering leveraged stock exposure without share ownership or expiration. The contracts were active two days after a federal judge declined to block their regulatory approvals, but found challengers likely to succeed in disputing the CFTC's authority to approve them.