prediction markets

Speculators are rushing to prediction markets as a high-stake and brutal feud between President Donald Trump and Elon Musk triggers a wave of wagers on electric vehicle subsidies, Musk's government ties and shifting political alliances. Tesla Inc. (NASDAQ:TSLA) plummeted 14.26% on Thursday,...

Tesla Inc (NASDAQ:TSLA) has shut down a report that the company was actively looking to replace CEO Elon Musk. While it remains to be seen if the report was factual or not, prediction markets saw odds that Musk leaves the company in 2025 spike. What Happened: Facing weaker financials and seeing CEO...

During a recent interview, Robinhood Markets (NASDAQ:HOOD) CEO Vlad Tenev shared more details on the company's new product expansion, including prediction markets on items like elections and sports contests. What Happened: Evolving from a stock brokerage app and crypto trading platform, Robinhood...

Brokerage Robinhood Markets (NASDAQ:HOOD) is launching more event contracts after its successful launch of 2024 election contracts for users. What Happened: On Monday, Robinhood announced it is launching event contracts for every match-up and the championship for the NCAA Men's College Basketball...

In a significant development impacting the future of prediction market platform Polymarket in the U.S., the firm's CEO, Shayne Coplan, confirmed Thursday that he will attend the hotly anticipated White House Digital Asset Roundtable. What happened: In an X post, Coplan thanked President Donald...

A plan by Robinhood Markets (NASDAQ:HOOD) to offer event contracts for Super Bowl LIX has ended after pressure from the Commodity Futures Trading Commission. What Happened: Robinhood's planned launch of more sports event contracts through a partnership with Kalshi was expected to come in time for...

After a surge in betting on prediction markets for outcomes of events like the 2024 U.S. presidential election, the next market that is generating plenty of interest and concern from regulators is the outcome of the murder trial of Luigi Mangione. What Happened: Mangione recently pleaded not guilty...

Robinhood Markets Inc (NASDAQ:HOOD) saw early success with the launch of event contracts ahead of the 2024 presidential election. Now the company appears to be eyeing the sports betting space. What Happened: Robinhood held its first Investor Day in New York on Wednesday. CEO Vlad Tenev made...

The long-awaited boxing match between Mike Tyson and Jake Paul is nearly here, set for Friday Nov. 15 on Netflix Inc (NASDAQ:NFLX), after being rescheduled from an original date in July 2024. Here's a look at how to watch the big fight, the betting odds and several free prediction contests for...

On the day of the U.S. presidential election, prediction platforms Kalshi and Polymarket reached unprecedented rankings on Apple Inc.’s (NASDAQ:AAPL) App Store. What Happened: Kalshi, a federally-regulated betting platform, clinched the number one position in the free app and ‘Finance...

Editor’s Note: This article has been updated to eliminate duplicate content. Prediction markets like Polymarket and Kalshi have surged in popularity during the 2024 election cycle. Here’s all you need to know about the betting markets on Election Day as the U.S. elects a new president,...

Robinhood Markets (NASDAQ:HOOD) recently launched 2024 election contracts and in one week the company passed an impressive milestone as Election Day (Nov. 5) nears. What Happened: Robinhood CEO Vlad Tenev shared on X that the company passed 100 million contracts traded in less than a week since...

This year's presidential election could go down as the race that changed the way people around the world can bet on sportsbooks and prediction markets, such as whether Donald Trump or Vice President Kamala Harris will win the 2024 presidential election. Investment company Public.com took a shot at...

The U.S. election cycle is racing to an exciting fish as Donald Trump and Kamala Harris prepare for a showdown on Nov. 5 to determine who'll be the next White House resident. While candidates look for ways to boost their campaigns, a significant spotlight has fallen on prediction markets—platforms...

Donald Trump and VIce President Kamala Harris are expected to see a close race and outcome in the head-to-head battle to win the 2024 presidential election. Here's an update look at the betting odds in the race. What Happened: The 2024 presidential election is expected to be close according to...