Latest in Betting Trump
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Betting Markets Favor Trump. But Their Record of Accuracy Is Mixed.
Proponents believe that having real money on the line, and a large crowd of investors, encourages a more accurate election forecast than polling data can provide.Top stories - The New York Times - October 25 -
Dollar weakens as investors rein in bets on Trump victory
Markets move after poll shows unexpected groundswell of support for Kamala Harris ahead of Tuesday’s electionBusiness - Financial Times - November 4 -
Trump Is Betting Big on Musk’s Swing-State Moonshot
The candidate is leaning on an unusual canvassing effort funded by Elon Musk. If successful, it could usher in a new era when billionaires dominate ground campaigns.Business - The New York Times - November 6 -
Election Betting Markets See Vindication in Trump Victory
Prediction markets, which surged to prominence during the presidential campaign, started reflecting a likely Trump win several weeks ago, even as opinion polls showed a tight race.Business - The New York Times - November 6 -
Why Trump’s Victory Is Fueling a Market Frenzy
Investors have been comforted by a clear election result and are anticipating tax cuts and deregulation from a second Trump administration.Business - The New York Times - November 12 -
Election Odds Swing in Trump’s Favor on Polymarket, a Crypto Betting Site
Donald Trump, Elon Musk and CNN have cited election predictions from Polymarket, a betting site where crypto enthusiasts have wagered more than $100 million on who will win the presidency.Business - The New York Times - October 25 -
Robinhood is joining the election-betting party by offering wagers on Harris and Trump
With the U.S. presidential election a week away, another brokerage is letting people bet on whether Kamala Harris or Donald Trump will win.Business - MarketWatch - October 28 -
DJT stock soars amid Donald Trump's rise in the betting markets
Trump Media's shares have soared with the former President Donald Trump's rise in the betting markets.Top stories - CBS News - October 29 -
Trump Media Stock Jumps Again as Traders Bet on Election
Shares of the Truth Social parent company continue to soar, pushing the market value of the firm above $10 billion.Business - The New York Times - October 29 -
Trump victory bets and strong US economy power dollar gains
Greenback enjoys strongest month in two years ahead of presidential electionBusiness - Financial Times - November 2 -
Trump’s lead over Harris in betting market erodes as platforms tighten odds
Top platforms had placed Republican ahead but Democrat is catching up and even leads on one app. US election 2024 live: latest polls, results and updates Betting markets have narrowed ...World - The Guardian - November 4 -
Bitcoin surges 10% to a record above $76,000 as Trump victory heralds wider crypto adoption and weaker regulation
Crypto assets rose as investors bet that a second Trump administration will widen fiscal deficits and boost bitcoin as a hedge against higher inflation.Business - CNBC - November 6 -
Wall Street and bitcoin soar to record highs as Trump wins US election
Dollar up and renewable energy stocks down, while shares in president-elect’s media business rise by more than a third. Analysis: Trump policies mean higher prices Business live – latest ...World - The Guardian - November 6 -
Bank stocks jump almost 12% as traders bet on less regulation in a Trump presidency
A handful of well-known bank names jumped as traders ready for a second Trump term.Business - CNBC - November 6 -
How Trump’s Victory Grants Election Betting Platforms a Promising Future
Long prohibited by regulators, U.S. forecasting sites recently won the right to offer bets on national elections—a liberty Trump is unlikely to roll back after the bettors backed him to win.Business - Inc. - November 6 -
Netanyahu bets war strategy on ‘bulldozer’ Katz as Israel waits for Trump
Appointment of less-experienced defence minister will leave prime minister unencumbered as White House lurches rightWorld - Financial Times - November 7 -
'A star is born:' Elon Musk's big bet on Trump pays off
Elon Musk’s massive bet on President-elect Trump appears to have paid off, as the billionaire owner of Tesla and SpaceX looks ahead to an administration likely to boost his companies and his own ...Politics - The Hill - November 7 -
RWE scales back €55bn renewables bet after Trump win
German power producer was already under pressure from shareholders to lift returnsWorld - Financial Times - November 13 -
Ukraine’s bonds jump as investors bet Trump will end war
Rally in dollar debt is unlikely ‘Trump trade’ and comes just months after huge restructuringWorld - Financial Times - November 14 -
FirstFT: Republicans complete Congress sweep
Also in today’s newsletter, France boycotts COP29 and renowned conservative lawyer diesWorld - Financial Times - November 14 -
Palantir becomes a ‘Trump trade’ as investors bet on higher defence spending
Peter Thiel-founded data company, whose biggest client is the US government, rises $23bn in value since electionWorld - Financial Times - 3 days ago -
Elon Musk hopes Trump victory will help his $44bn Twitter bet pay off
The platform’s billionaire owner has seen its value plunge as advertisers run shy, revenues drop and user numbers fall. Two years ago, there was some trepidation among advertisers, anti-hate-speech ...World - The Guardian - October 27 -
Nate Silver: Don't trust the Trump swing in 2024 presidential election polls, betting markets data
Nate Silver is on record saying the presidential election momentum is with Donald Trump, but it's not because polling or markets data has him 100% convinced.Business - CNBC - October 31 -
Why ‘Trump trades’ and ‘Harris trades’ could be just regular stock-market bets
Here’s what the S&P 500 sectors are really saying about their presidential election preference.Business - MarketWatch - November 2 -
Trump election odds tumble on betting markets after Iowa poll shows Harris lead
Harris is now the favorite on betting site Predictit.Business - MarketWatch - November 3 -
Trump Media closes in the red on Election Day, giving up earlier rally
Shares of retail trader favorite Trump Media & Technology Group (DJT) were active as Election Day is finally here.Business - CNBC - November 5 -
Forget betting on Trump vs. Harris. These people are wagering that Costco will raise the price of its $1.50 hot dog–and–soda deal.
Kalshi, a New York-based exchange platform, is letting traders predict what the future holds for the famed Costco combo.Business - MarketWatch - November 5