Prediction markets like Polymarket could upend US gambling. Industry insiders think it’s a threat and an opportunity.

DraftKings chief product officer Corey Gottlieb speaks with “The Prop Queen” Ariel Epstein at Next Summit in New York. A battle is brewing between the titans of the US gambling industry and challenger brands pioneering areas like sweepstakes, predictions markets, and new daily fantasy models. We recently attended Next.io’s Next Summit in New York to…

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Stock of the Day: FedEx drops 9% after 2025 forecast cut fans fears of economic uncertainty

The move: FedEx dropped 9.41% in premarket trading on Friday to $223.82 per share. Shares of the shipment and transportation firm are down 12.48% year-to-date. The chart: Why: The company lowered its revenue and profit outlook for the year, expecting shipping demand to soften amid economic uncertainty. Higher-than-expected inflationary pressures were another factor cited during…

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Elon Musk’s PAC is giving $100 to Wisconsin voters ahead of the state’s Supreme Court race

Musk’s America PAC is offering $100 to Wisconsin voters who sign a petition opposing “activist judges.” If you’re a registered voter in Wisconsin, you’re eligible to get $100 from Elon Musk. All you have to do is sign a petition opposing “activist judges” sponsored by the billionaire businessman’s super PAC, America PAC. You can also…

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Elon Musk’s surprise all-hands brings Tesla’s biggest bull back from the brink

Tesla investors have expressed concern that Elon Musk is spending too much time on DOGE. Elon Musk’s surprise late-night all-hands has already won over one Wall Street analyst. Wedbush Securities analyst Dan Ives, traditionally one of Tesla’s most bullish followers, said the all-hands was a “much-needed step forward” for Musk. Ives had previously warned Tesla…

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