In the first trading day of the new year, U.S. financial markets were bogged down by the almost universal view that a recession is approaching. A stocks rally fizzled out Read more
Tag: betting
Food prices keep rising. Food-company execs are betting Americans will keep paying.
Even as rampant inflation in food prices leaches away consumer spending power and disproportionately affects lower-income consumers, food-company executives and Wall Street analysts believe that Americans will continue to buy Read more
Caesars’ digital betting business hits a milestone, sending sports-gambling stocks higher
Shares of sports-gambling operators ran higher in extended trading Tuesday after Caesars Entertainment Inc. management revealed a measure of profit in its digital betting business turned positive last month, giving Read more
August sports betting revenue increased 116.2% year-over-year
During a month usually known for a lull in the sports calendar, American sportsbooks still managed to rake in the cash. Per the American Gaming Association, sportsbook operators generated $471.4 Read more
Republicans have 2-in-3 chance of winning Senate in midterm elections, betting markets say
The Republican Party’s prospects in November’s midterm elections are continuing to climb this month, with betting market PredictIt now giving the GOP about a 2-in-3 chance for taking control of Read more
NFT trading volume is at an all time low, but this CEO is still betting big on the technology
The buzz and hype have faded, but RECUR, a company that helps brands create and build communities around nonfungible tokens, is still building out its infrastructure and making future plans. Read more
Betting markets now see Republicans winning Senate in midterm elections, as GOP slightly favored for first time in 2 months
The Republican Party’s chances for taking control of the U.S. Senate after November’s midterm elections are continuing to improve, with betting market PredictIt now favoring the GOP over Democrats. Republicans Read more
Here’s why investors should start betting on Apple and the stock market now
Sometimes it pays not to dismiss market lore. They said September was usually bad. They were right. The S&P 500 SPX will enter the last trading day of the month Read more
Here’s why investors should start betting on Apple and the stock market now
Sometimes it pays not to dismiss market lore. They said September was usually bad. They were right. The S&P 500 SPX will enter the last trading day of the month Read more
Nvidia betting price hike won’t deter core gamers holding out for its next-gen chip
Nvidia Corp. appears to be betting that a price hike during inflationary times won’t deter hardcore gamers who have been waiting to upgrade their rigs amid a slowdown in consumer Read more
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