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Business Insider Latest Story Image
3 mins read

Sports betting is the next frontier for Wall Street's smartest quants to conquer

Trading giant Susquehanna and other quants are diving into sports betting — making it harder for th…

Bradley Saacks   


Business Insider Latest Story Image
3 mins read

Elon Musk wins big by betting on Trump

Elon Musk will likely benefit from close ties to the president-elect and a lighter regulatory envir…

Ana Altchek   


Business Insider Latest Story Image
2 mins read

Reddit's bet on AI is starting to pay off

Reddit's third-quarter revenue soared 68% to $348.4 million and it reported profit of 16 cents per …

Huileng Tan,Aditi Bharade   


Business Insider Latest Story Image
2 mins read

Sam Altman's hiring strategy bets on talent, not age

Altman said that companies should hire a mix of young, inexperienced people and older, more experi…

Beatrice Nolan   


Business Insider Latest Story Image
2 mins read

Here's what people are betting on in prediction markets now that the election is over

From the next James Bond actor to Mike Tyson vs. Jake Paul, here are some of the most popular bets …

Matthew Fox   


Business Insider Latest Story Image
4 mins read

What to know about the potential $30 million whale moving betting markets toward Trump

Four Polymarket accounts that appear to be connected have bet $30 million that Trump will win the e…

Matthew Fox   


Business Insider Latest Story Image
1 min read

Why is actor Tamannaah Bhatia being questioned by the ED for a money laundering case?

The case is part of a broader crackdown on fraudulent online schemes and illegal betting tied to cr…

Business Insider Latest Story Image
1 min read

It's getting easier for Americans to bet on the 2024 election

Over the objections of a federal regulator, US citizens can bet on whether Donald Trump or Kamala H…

Brent D. Griffiths   


Business Insider Latest Story Image
2 mins read

Warren Buffett's Berkshire Hathaway reveals new bets on Domino's Pizza and Pool Corp.

Warren Buffett's Berkshire Hathaway took a bite of Domino's Pizza and waded into the swimming pool …

Theron Mohamed   


Business Insider Latest Story Image
1 min read

Election betting odds tighten as polls show Harris has momentum

Kamala Harris' odds jumped overnight following a new poll that showed she held a surprise lead over…

Mikhaila Friel   


Business Insider Latest Story Image
2 mins read

The election-betting market has exploded in popularity this presidential cycle

"I think we're gunning for number one for the entire app store by election day, so the demand curve…

Matthew Fox   


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3 mins read

One of OpenAI's biggest new investors explains why it made its $500 million bet

The Japanese conglomerate was part of an investment round unveiled by OpenAI last month that valued…

Hasan Chowdhury   


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1 min read

Hertz's failed Tesla bet keeps getting worse as weak earnings challenge its stock

The rental-car giant fell as much as 12% on Tuesday after posting a deeper-than-expected loss.

Filip De Mott   


Business Insider Latest Story Image
2 mins read

SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit

The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with n…

Hasan Chowdhury   


Business Insider Latest Story Image
1 min read

French regulators are looking into Polymarket after a massive surge in US election betting

Polymarket garnered attention after a trader revealed to be a French national had placed bets worth…

Kelly Cloonan   


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1 min read

Spain is betting on immigrants to boost its economy

The Spanish economy faces significant challenges from an aging population and one of Europe's lowes…

Rebecca Rommen,Nathan Rennolds   


Business Insider Latest Story Image
1 min read

The surge in election betting has catapulted Kalshi and Polymarket to the top of Apple's App Store

Nearly $5 billion in bets have been placed on the outcome of the presidential election across Polym…

Matthew Fox   


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5 mins read

Silicon Valley is betting a Musk-inspired Trump could unleash a startup boom

Silicon Valley anticipates growth with Trump's election and Elon Musk's support, expecting deregula…

Samantha Stokes,Riddhi Kanetk…   


Business Insider Latest Story Image
2 mins read

An elite hedge fund slashed its Nvidia and Tesla bets last quarter — and boosted its GameStop stake

Renaissance Technologies, founded by the late Jim Simons, cuts its Tesla and Nvidia stakes while ra…

Theron Mohamed   


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2 mins read

Trump trades waver as Harris' betting odds edge up days before the election

A handful of signs in early voting that bode well for Harris and poorly for Trump may be pushing th…

Matthew Fox