Berkshire’s Abel sours on some of Warren Buffett’s picks, while betting big on Delta
Warren Buffett exited U.S. airlines back in 2020, but successor Greg Abel placed a $2.8 billion fresh bet on Delta.…
Tag: betting
NFL letter wants certain betting contracts banned
The National Football League outlined to the Commodities and Futures Trading Commission its views on how sports-related prediction markets should…
Bill Ackman built Microsoft stake in first quarter during sell-off, betting on AI and cloud growth
Bill Ackman, founder and CEO of Pershing Square Inc., attends his company’s IPO at the New York Stock Exchange (NYSE),…
Khosla Ventures is betting $10M on Ian Crosby, whose last startup, Bench, imploded
Ian Crosby, whose previous startup Bench Accounting famously shut down in 2024 before being bought for scraps, is taking another…
A sports betting ETF bitcoin traders may want to watch
Alternative investment vehicles such as exchange-traded funds (ETFs), led by BlackRock’s IBIT, hold sway over bitcoin’s price. That is well…
Voice AI in India is hard. Wispr Flow is betting on it anyway.
India’s internet users already rely heavily on voice notes, voice search, and multilingual messaging. Turning those habits into a scalable…
Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says
MIAMI BEACH, Fla. — Sports betting should be regulated as a federal financial product rather than a state-licensed casino product,…
Introducing the ‘NACHO’ trade: How Wall Street is betting on higher oil prices and persistent inflation
Wall Street is glomming on to yet another acronym inspired in part by Mexican cuisine. www.marketwatch.com #Introducing #NACHO #trade #Wall…
Betting giant Flutter overhauls management at US FanDuel unit
DUBLIN, May 6 (Reuters) – Betting giant Flutter made major management changes at its U.S. FanDuel brand on Wednesday, saying…
Betting on long Treasury bonds when yields near 5% has been a slam-dunk trade over the past few years. Is this time different?
“There is not a ‘break-the-glass’ solution,” says former Treasury Secretary Steven Mnuchin of backup plans if the U.S. can’t finance…