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The biggest horse race in the country, the Kentucky Derby, takes place Saturday in Louisville. If you’re looking to make a wager on Kalshi, Polymarket or another prediction platform around the event — you’re out of luck. There are no Kentucky Derby event contracts offered on the major prediction platforms, which host contracts on everything from sports outcomes to geopolitical events to reality TV show moments, but not horse racing. Bill Carstanjen, CEO of Churchill Downs, which owns the Kentucky Derby and the racetrack where it’s held, told CNBC it’s unlikely that horse racing will ever show up on prediction…
Ares’ record $30 billion fundraising eases private credit ’doomsday’ fears Source link
CHENGDU, CHINA – MARCH 18: Apple CEO Tim Cook attends a special event marking Apple’s 50th anniversary at the Apple Taikoo Li Chengdu store on March 18, 2026 in Chengdu, Sichuan Province of China.VCG | Getty ImagesApple shares jumped more than 4% on Thursday, headed for the sharpest rally since August, after the iPhone maker reported better-than-expected quarterly results and issued revenue guidance for the current period that sailed past analysts’ estimates. CEO Tim Cook, who is preparing to step down in September after 15 years at the helm, touted the company’s performance in the face of significant supply constraints…
Jeanine Pirro, US attorney for the District of Columbia, speaks during a news conference at the Department of Justice (DOJ) in Washington, DC, US, on Friday, Feb. 6, 2026. Aaron Schwartz | Bloomberg | Getty ImagesU.S. Attorney for the District of Columbia Jeanine Pirro may have suspended her criminal investigation into outgoing Federal Reserve Chair Jerome Powell, but she and her office remain at the center of the power struggle over the influential central bank. How she handles an imminent appeal will help determine the extent of President Donald Trump’s influence on the Fed.Pirro has until Monday to appeal District…
Spirit Airlines airplanes sit parked at Fort Lauderdale – Hollywood International Airport, in Fort Lauderdale, Florida, U.S., April 23, 2026. Marco Bello | ReutersPresident Donald Trump said Friday that his administration gave a “final” bailout proposal for Spirit Airlines as the budget carrier could be forced to liquidate without a lifeline.Talks with bondholders for a government bailout this week have not yet yielded a deal. The Trump administration last month had offered a $500 million loan that could have given the government up to a 90% stake in the Florida airline, according to people familiar with the matter who requested…
Moderna first-quarter revenue jumps on strong overseas COVID vaccine sales Source link
On Thursday, the publicly traded spaceflight company Virgin Galactic shared on social media a new photo of its next-generation spaceship being towed outside of its factory in Mesa, Arizona. You remember Virgin Galactic, right? The space tourism company was founded 22 years ago by Sir Richard Branson to bring spaceflight to the masses. Hundreds of people began buying tickets to space nearly two decades ago. And after a long, and at times deadly, development campaign, the company reached outer space (defined, somewhat controversially, as an altitude of 80 km and above) in December 2018. The company began flying passengers in…
Party leaders quickly changed their campaign plans after Donald Trump’s announcement on the tariffs deal. Source link
Alphabet (aka “Google”) is clearly firing on all cylinders, more cylinders perhaps than the Street even realized it had. The quarter was frankly a blowout. Surging cloud revenue and raised capital expenditure (capex) guidance demonstrate that the company’s enormous investments are potentially paying off more quickly than many—perhaps even many within the company—had anticipated.The takeaway could not have been clearer: Alphabet isn’t just surviving the AI revolution — in many ways, it’s leading it.Why? Because while their investments are enormous, this company is making money now in this space. Cloud and artificial intelligence were the undisputed stars of the quarter.…
Investing.com — Sharpie maker saw its shares climb as much as 13.2% to $4.62 in early trading on Friday, reaching a more than two-month high. The company raised its full-year net sales outlook to a range of flat to a 2% increase, up from its previous forecast of a 1% decline to a 1% gain. Newell also lifted the low end of its annual normalized earnings per share guidance to a range of 56 cents to 60 cents, compared with its prior outlook of 54 cents to 60 cents. The revised forecasts came as the company reported first-quarter results that…