I want to start with these sports wagering capabilities that you've added to your suite of offerings here. These preset combination contracts for professional football games, NFL games, it sounds like this is your version of parlays that are offered by traditional sportsbooks. So what is the difference between a combination trade and a parlay.Yeah. So as you mentioned, this is part of our big unveil of prediction markets, which we've offered for a little bit over a year. But remember, we started with just o ...

What's the opportunity for Hasbro over [music] the next decade that excites you most. >> I would say everything that we're doing in the gaming space. [music] So, while it is uh it is riskier than probably launching another toy or another Magic set, where we're headed on the broad definition of gaming is is super exciting.I think that that is going to be the single biggest unlock for our company. moving us away from being just Hasbro is a toy company to no Hasbro is a play and we're a game. ...

This is another megadeal involving Openai. What do we know about it. Yeah, there are a lot of deals going on in in AI right now.An open AI really is at the heart of so many of them. So Openai has been Sam Altman and Openai have been diversifying their suppliers in a number of key areas In the chip space in particular, everybody is pretty dependent on NVIDIA, of course, in video now the most valuable company in the world. Partly that's because everybody has to buy their chips to be able to train these our mo ...

This could be something that we feel at the start of trade here in Europe. Footsie futures are cool, quite a bit higher than all the futures here in Europe. And I note that it was some of the oil majors that weighed on the London market yesterday.And so, I mean, that might be there might be little else to say about that phenomenon, but we might see some of outperformance by London as a result of that. Yeah, I mean, we definitely could see that. I think, you know, the oil story is a smaller story within the ...

>> GOOD MORNING, HAPPY WEDNESDAY. THESE ARE THE STORIES THAT SET YOUR AGENDA. THE DOLLAR EDGES HIGHER, TREASURIES TRIM RECENT GAINS.TWO RATE CUTS NEXT YEAR AND THE U.S. LABOR MARKET CONTINUING TO COOL. OIL REBOUND FROM ITS LOWEST LEVEL SINCE 2021 AFTER PRESIDENT TRUMP ORDERS A COMPLETE LOCATE OF SANCTIONED TANKERS GOING INTO AN OUT OF VENEZUELA. BLOOMBERG LEARNS THAT WARNER BROS.IS PREPARING TO REJECT PARAMOUNT'S HOSTILE BID AS THE U.S. PRESIDENTS SON-IN-LAW WITHDRAWS FROM THE TAKEOVER BATTLE. AFTER MIXED P ...

when we kind of looking ahead to the next year, I mean we kind of think about the drivers that provided us with a very strong support for stocks this year and it was okay corporate profits that was a good uh good support and normalization of monetary policy and particularly in US and I think we're still in in that world where corporate earnings are being strong we see positive earnings revisions overall and policy is normalizing so I think that at least like in foreseeable future before events start hitting ...

Is this a fluke or is it enough to comfort the hawks on the Bank of England who are worried about inflation longer term. I don't think it's a fluke, but I also think that the hawks on the Bank of England will still be there fretting about some of the structural stories in the background. So I think, you know, in the middle is Governor Bailey, you know, he's the he's the key voter that's going to decide what they'll do in December is certainly enough for him because I think the weakness is fairly broad versu ...

iRobot, the maker of the Roomba robotic vacuum, has filed for a prepackaged Chapter 11 bankruptcy, and the fallout has reached Wall Street. Carlyle Group has lost more than $100 million on a loan to the firm, recovering just 39 million. Carlyle eventually sold the remaining debt at a steep discount to a subsidiary of China based Pickett Robotics, which is now set to acquire iRobot through a court supervised restructuring.Since its 22 debut, iRobot has sold over 50 million units of the Roomba and remains a h ...

Geopolitical Strategy & Regime Change - The US is potentially using the blockade of Venezuela as a strategy for regime change by putting pressure on the current government [1][2] - The US administration has blamed Venezuela for drug trafficking and illegal immigration, using this as justification for increased pressure [3][4] Oil Market Impact Assessment - The US administration's actions are timed to coincide with a market glut and weak oil prices [4] - Initial market reaction shows a nearly 15% increase in oil prices, but Brent crude remains below $60 per barrel [5] - Venezuela's oil exports, roughly 500-600 thousand barrels per day, account for less than 1% of the global oil market's consumption of 100 million barrels per day [6][7] - Removing Venezuelan oil, even entirely, is unlikely to fundamentally alter the oil market due to existing oversupply and weak prices [7][9] - The focus is on where China will find replacements for Venezuelan oil and whether they can find suitable grades [8] Market Sentiment vs Fundamentals - Any price increase is more sentiment-driven than based on actual changes in oil market fundamentals [6] - The oil market faces more downside risk, even with the removal of Venezuelan barrels [9]

Market Performance & Investment Sentiment - China's market has outperformed its global peers this year, narrowing the performance gaps with countries like the U.S., Japan, Korea, and Taiwan [1] - Investor sentiment towards China has subtly shifted from super optimistic to a more balanced or neutral stance, though still slightly under-balanced [4] - A disconnect exists between the economy and the market, with investors seeking economic recovery and better earnings to sustain the rally into next year [6] Key Drivers & Surprises - A significant surprise this year was China's technological breakthrough, potentially positioning it better than the U.S. in certain aspects of AI [7][8] - China has demonstrated its leverage and preparedness, alleviating fears of being cut off from the global trade and financial systems [9][10] - Investors have high confidence in policymakers, supply, and liquidity supporting the stock market, making further positive surprises on this front less likely [12] Economic Impact & Policy - A technology breakthrough leading to high-paying jobs is seen as a potential positive surprise, which could fundamentally turn around consumption and stabilize the property market [12][13] - More decisive and forceful policy in addressing overcapacity issues would be welcomed by the market [14] - The wealth effect from the stock market rebound is not expected to be significant, as much of household wealth remains locked in the property market [16][17] Valuation & Earnings - Valuations are getting stretched not only for China but even more so for other Asian markets, especially Northeast Asian markets [21] - The market is hoping to see an earnings turnaround as a key driver for future growth [20][21] - Even with a stock market recovery, a K-shaped consumption pattern is anticipated, benefiting wealthier households while mass market consumption remains depressed [22][23]