Kalshi and Polymarket, the world’s most popular prediction market operators, got a gift from South Park on Wednesday night: an episode devoted to their bet-on-everything product that specifically name drops their brands. Even though some of the jokes cut deep, referencing criticisms of their business models, CEOs of Kalshi and Polymarket both publicly embraced the…
Markets are responding to the potential for the Russia-Ukraine conflict to soon end. Russian stocks and the ruble got a boost after Trump called Putin last week about the war. Betting markets and the US stock market also showed a rise in optimism that the war could soon end. Investors are positioning for the possibility…
Kalshi and Polymarket catapulted to the most downloaded free apps on the Apple App Store on Tuesday. Kalshi is the betting market open to US citizens, while Polymarket is used by international bettors. Kalshi and Polymarket show Trump favored to win the Electoral College, with Harris expected to win the popular vote. Thanks for signing…
In This Story The dollar fell Monday after weekend polls showed Vice President Kamala Harris gaining ground against former President Donald Trump as the 2024 election draws to a close. AI tools revolutionizing content creation — Including an Emmy-winning breakthrough, says exec An index tracking the dollar hit its lowest point in more than a…
Photo: Michael M. Santiago (Getty Images) The Dow Jones Industrial Average fell more than 250 points Thursday mid-morning, alongside sharp Nasdaq and S&P 500 declines, following earnings reports from Microsoft (MSFT) and Meta (META), as both tech giants grapple with challenges in meeting the surging demand for AI. Meta stock fell about 3% in Thursday…
Topline Presidential election prediction markets continue to tilt in favor of Vice President Kamala Harris, whose odds have overtaken former President Donald Trump on one betting site for the first time in nearly a month, as polls indicate a practically tied race between the two candidates. Election prediction markets have recently tilted toward Harris as…
Topline Presidential election prediction markets drifted Friday toward Vice President Kamala Harris, giving Harris the strongest and former President Donald Trump the weakest probability of winning next week’s election in more than a week on betting sites, though oddsmakers still favor Trump. Betting odds moved in Harris’ favor Friday but still favor Trump. Anadolu via…