Could prediction markets be the next frontier of growth for these fintech stocks?

Journalist Jo Ling Kent joined CBS News in July 2023 as the senior business and technology correspondent for CBS News. Kent has more than 15 years of experience covering the intersection of technology ...

Prediction markets could trade a trillion dollars in volume annually by the end of this decade, according to Eilers & Krejcik. Sports is fueling the growth and is forecasted to make up 44% of volume ...

Jump Trading has quietly become one of the earliest proprietary trading firms to become active on prediction markets like Kalshi Inc., expanding into one of the hottest new derivatives markets, ...

The gambling industry has been actively voicing its concern about the encroachment of prediction markets on sports betting. Critics say prediction markets are little more but sports betting with some ...

The source said Coinbase and Kalshi will formally announce the prediction market soon, with news potentially coming as early as next week. Rumblings of the prediction market launch have swirled for ...

LONDON, Nov 27 (Reuters) - Stocks in Europe edged up on Thursday, while the dollar held steady, as investor confidence in a Federal Reserve rate cut next month kept sentiment upbeat, which also helped ...

You know that cliché in movies when the camera zooms in on a character who says, “It’s coming,” before someone else dramatically replies, “It’s already here”? Prediction markets are a bit like that in ...

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Shifting expectations of a Fed rate cut reflect underlying uncertainty about politics and the economy. Here are some essentials for managing risk in investing. By Jeff Sommer Jeff Sommer writes ...