Robinhood expands prediction markets as event trading becomes the next retail battleground
Youtube· 2025-12-17 19:37
How about Robin Hood today taking another step further into prediction markets. Mackenzie Sagalas is following that story for us. Had shares on the move a little bit earlier today.Mac, >> hey Scott. So this is all about Robin Hood making prediction markets a much bigger priority now that it's the fastest growing product line in the company's history. The big change here is that Robin Hood is moving closer to the sportsbook model, letting users trade what amount to parlay and prop bets on NFL games and playe ...
Alphabet’s $100B War Chest Vs. Oracle’s Debt Spiral: AI Arms Race Hits Wall Street - Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Microsoft (NASDAQ:MSFT), Oracle (NYSE:ORCL)
Benzinga· 2025-12-17 19:36
The AI arms race is heating up, and its effects are starting to show up where investors actually care – on the Big Tech balance sheets.According to UBS, global AI capex is now expected to hit $423 billion in 2025, and $571 billion in 2026. By 2030, UBS expects spending to reach $1.3 trillion, implying a 25% compound annual growth rate.Those numbers aren't abstract anymore. They're turning into debt issuance, lease obligations, and quietly rising financial risk. The era of funding AI infrastructure with exce ...
Pfizer Stock Can Sink More. Here Is How
Forbes· 2025-12-17 19:36
SHANGHAI, CHINA - 2025/11/08: The Pfizer logo is presented at the 8th China International Import Expo. (Photo by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesPfizer (PFE) is encountering threats. Even the most prominent names aren't immune. Stocks can decline sharply without any warning – erasing months or years of gains in just a few weeks. History indicates that unexpected market fluctuations can affect any company, regardless of its dominance.Pfizer’s sh ...
U.S. DOT, BETA Technologies, Industry Collaborate on National Advanced Air Mobility Strategy
Businesswire· 2025-12-17 19:35
The U.S. DOT's strategy outlines a plan that is directly aligned with BETA's aircraft and ongoing market entry strategy, the company's plan to operate within the current regulatory and operational framework and its disciplined, stepwise approach to certification. The plan seeks to leverage existing infrastructure, modernize air traffic management, prioritize U.S. manufacturing, and develop a domestic workforce to meaningfully scale AAM operations in the United States. This approach complements BETA's missio ...
RMX Industries Announces Strategic Focus on U.S. Defense & Security, Advancing Operational AI from the Tactical Edge
Prnewswire· 2025-12-17 19:35
VASTâ"¢ delivers real-time, high-fidelity video over constrained networks, enabling faster, more informed decisions in mission-critical environments. RMX further demonstrated radio-first streaming capabilities at Tough Stump Rodeo, successfully transmitting five concurrent HD feeds over L-band MANET (Mobile Ad Hoc Network) with relay to an operations center. The Apollo Group selected VASTâ"¢ as a critical enabler of operational AI, specifically for channeling high- value data from far-edge environments to c ...
What Robinhood's prediction markets push means for fintech industry
Youtube· 2025-12-17 19:34
My next guest says the prediction market business presents a lot of upside for the fintech space as Robin Hood and Coinbase users are nine times more likely to participate than non-users. Let's bring in Missou host Dan Dalive. Welcome to you.It's been a a dizzying moment here. So, can we back up and talk about the series of events. What has led >> to, you know, a Robin Hood app now allowing me to make NFL parlay bets in competition.Like, is this been a regulatory shift or what's going on here. Well, obvious ...
AI spending worries hit industrials, Trump takes aim at defense stocks
CNBC· 2025-12-17 19:32
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update : The S & P 500 is on track for its fourth consecutive losing session, with Nasdaq-listed companies leading the market lower amid growing concerns about overspending on artificial intelligence infrastructure. The wheels came off the AI infrastructure trade once again on uncertainty over who is backing one of Oracle 's giant ...
Meta is pausing its dream of sharing Quest's Horizon OS with third-party headset makers
TechCrunch· 2025-12-17 19:32
Meta says that it has paused its program to share Meta Horizon OS, the mixed reality operating system that powers its Quest headsets, with third-party device makers. The program was part of the company’s metaverse push — the idea behind the program was to create a “new generation of hardware” that would give VR users their pick of devices when it came to engaging with Meta’s digital worlds.“We have paused the program to focus on building the world-class first-party hardware and software needed to advance th ...
Why I Am Downgrading Green Thumb Industries (GTBIF)
Seeking Alpha· 2025-12-17 19:30
420 Investor launched in 2013, just ahead of Colorado legalizing for adult-use. We have moved the service to Seeking Alpha. Historically, we have provided great coverage of the sector with model portfolios, videos and written material to help investors learn about cannabis stocks, and we are excited to be doing it here!Cannabis stocks are still in a bear market that began almost five years ago, but they are now up year-to-date on potential rescheduling news. My favorite American cannabis operator, Green Thu ...
S&P Global Launches StepForward: $10 Million Initiative Preparing Global Youth for AI-Enabled Futures
Prnewswire· 2025-12-17 19:30
Three-year philanthropic program will award grants to nonprofits focused on workforce readiness and AI education NEW YORK, Dec. 17, 2025 /PRNewswire/ -- S&P Global (NYSE: SPGI) today announced the launch of StepForward, a new philanthropic initiative aimed at equipping the next generation with the skills needed to succeed in an AI-enabled workforce. Through StepForward, S&P Global and the S&P Global Foundation will invest $10 million over the next three years to support organizations delivering innovative w ...