DraftKings to tax winning bets in high-rate states in a bid to boost profit
Budrul Chukrut | SOPA Images | Lightrocket | Getty ImagesMobile betting powerhouse DraftKings is planning a tax on consumers in ...
Tag: bets
Podcast: Samsung bets on the Galaxy Ring and AI as its next big thing
Samsung in July released the Galaxy Ring, the South Korean tech giant's first foray into smart rings.The $399.99 device has ...
Junk bonds are now in high demand as Wall Street bets on another Trump presidency
The credit world’s version of the “Trump trade” is beginning to take shape: Buy American high-yield bonds and steer clear ...
Amazon hits $2 trillion in valuation on AI fervor, rate cut bets
Amazon.com Inc hit $2 trillion in market value for the first time on Wednesday, becoming the fifth U.S. company to ...
Alibaba bets on AI to fuel cloud growth as it expands globally to catch up with U.S. tech giants
Alibaba Offices In BeijingBloomberg | Bloomberg | Getty ImagesAlibaba on Thursday said it expanded its global cloud computing availability, while ...
This new weight loss drug ETF bets big on two of the industry’s leading players
A top exchange-traded fund provider is betting on the long-term popularity of GLP-1 weight loss drugs.Roundhill Investments' GLP-1 & Weight ...
‘Trader justice’: Ex-SocGen trader fired for risky bets claims he was made a ‘scapegoat’
A logo outside a Societe Generale SA office building in central Paris, France, on Monday, Feb. 5, 2024. Bloomberg | Bloomberg ...
As Fed bets are repriced, global fund managers look at cheap China; haven plays in Korea, India & Japan
A higher-for-longer interest rate environment is burnishing the credentials of cheap Chinese stocks and driving value investment strategies in Asia.Corporate ...
Activist hedge fund Elliott bets $1 billion on British platinum producer
Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc, the UK-listed miner that’s received an ...
S&P 500, Nasdaq rise after jobs report lifts bets on early Fed rate cuts
The S&P 500 and the Nasdaq opened higher on Friday after data showing a rise in the unemployment rate and ...
