Prediction markets like Kalshi, which some liken to legalized gambling, allow investors to bet on reality. Here’s how they work and why they’re so controversial. Prediction markets let people trade on ...
Coinbase (COIN) has rolled out its new prediction market platform to U.S. users, enabling them to trade on the outcomes of real-world events including elections, sports, collectibles, and economic ...
After hitting a multi-year high of $3.65 last year, XRP could be ready to break through the $4 price level this year. Ripple's $2.5 billion in blockchain-related acquisitions could create entirely new ...
Ms. Scanlon is the author of “In This Economy? How Money & Markets Really Work” and Kyla’s Newsletter. Prediction markets have exploded into mainstream American life. Platforms like Polymarket and ...
OpenAI is rolling out an age prediction model for ChatGPT consumer plans to help it identify accounts that belong to users under 18. The model relies on a combination of account-level signals and ...
Nvidia has become the dominant force in the artificial intelligence (AI) chip market. The company is quietly forging partnerships across adjacent pockets of the AI value chain. Nvidia stock could be ...
The “single greatest predictor” of future stock-market returns has never been more bearish. This indicator is based on the average U.S. household’s allocation to equities. It was introduced in 2013, ...
DraftKings is a Strong Buy, and I don't see prediction markets posing a material threat to its sportsbook dominance or growth trajectory. DKNG's business momentum is robust, with all-time highs in ...
Traders on prediction markets stepped up their wagers on another government shutdown after the weekend’s deadly shooting in Minneapolis led Senate Democrats to demand changes to a major spending ...
The Super Bowl is the biggest sports-betting event of the year, with Americans expected to set a record by wagering more than $1.5 billion on the big game. Now, for the first time, nearly everyone in ...
Traders on prediction platforms Kalshi and Polymarket are betting that the federal government will shut down this weekend. According to Kalshi’s market data, traders assign a 75% chance that the ...