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The Rise of Sports Betting in America Since 2018

Until 2018, sports betting was only legal in Nevada, but now approximately 40% of Americans engage in wagering on various sports outcomes. This surge in popularity has transformed the landscape of sports betting in the U.S., prompting discussions among industry experts.
The Economist
Flutter USA Alice Fulwood Dan Rosenheck Peter Jackson Mike Bird Show more
Finance & Economy, Transcript
18:12 05.12.2024

andromeda partners with deep3 labs to enhance web3 applications with ai

Andromeda has partnered with Deep3 Labs to integrate advanced AI models into its decentralized operating system, enhancing web3 applications' functionality, security, and user experience. This collaboration will enable developers to utilize AI tools like DeepShield for real-time security and predictive analytics, streamlining the creation of intelligent decentralized applications. The integration aims to boost Andromeda's cross-chain capabilities and support innovative applications in DeFi, NFTs, and decentralized social platforms.
cryptela.com
Andromeda Metals Limited CAN Mant Hawkins Daniel Stephens
Technology & Innovation, Blog Post
18:10 05.12.2024

Rising Home Insurance Costs Challenge Housing Affordability in Disaster-Prone Areas

Home insurance costs are set to become a major affordability issue, particularly in disaster-prone areas like Florida, where average premiums can exceed $5,500 annually. As insurance companies leverage technology to assess risks, homeowners in high-risk locations may face significant rate increases, making it crucial to consider insurance costs early in the home-buying process. Upgrading homes to mitigate weather damage can help reduce premiums, emphasizing the need for ongoing risk management.
CNBC
United States Dollar Bankrate First Street Foundation USA Leslie Kasperowicz Mark Cuban Shannon Martin Show more
Finance & Economy, News Article
18:09 05.12.2024

UBS Maintains Buy Rating on Walmart with Target Price of 100 Dollars

UBS has maintained its 'Buy' rating for Walmart, setting a target price of $100 following discussions with the company's management. Analyst Michael Lasser noted that Walmart's business model is becoming less risky while also increasing in profitability.
MarketScreener
United States Dollar Walmart Inc. USA Michael Lasser
TradFi, Market Report
18:08 05.12.2024

UBS Shares Rise Amid Positive Trading Activity and Earnings Forecasts

UBS shares rose 0.4% to CHF 29.02, trading above the 52-week low of CHF 22.53, and are currently 28.45% higher than that low. The company reported EPS of CHF 0.39 for Q3 2024, a significant improvement from CHF -0.21 a year prior, with sales slightly down at CHF 18.86 billion. Analysts forecast a dividend of USD 0.819 for 2024 and expect Q4 results to be presented on January 27, 2026.
finanzen.ch
Swiss Franc CHE Carsten Spohr
TradFi, Market Report
18:07 05.12.2024

Biden Faces Urgent Calls to Forgive Student Loans Before Trump Administration

President Biden faces mounting pressure to forgive student loans before the Trump administration takes office, with Democratic lawmakers urging the Education Department to process pending applications for 400,000 borrowers defrauded by their colleges. Despite forgiving over $28 billion for 1.6 million borrowers, concerns grow that the incoming administration may reverse these efforts, particularly affecting older Americans. Advocates emphasize the urgency for action, as many borrowers are running out of time for relief.
CNBC
United States Dollar Trump University USA Joe Biden Miguel Cardona Dick Durbin Braxton Brewington Ed Markey Donald Trump JD Vance Bernie Sanders Show more
Regulatory & Legal, News Article
18:04 05.12.2024

Flaujae Johnson Signs Equity Deal with New Women's Basketball League Unrivaled

Flau'jae Johnson, the LSU basketball star and rapper, has signed an equity deal with the new women's 3-on-3 league Unrivaled, aiming to elevate women's sports. With a net worth of $7 million and a strong social media presence, she continues to thrive in both athletics and music, while also focusing on business education. Johnson admires LeBron James for his business acumen and emphasizes the importance of discipline and time management in balancing her multiple pursuits.
CNBC
United States Dollar Amazon.com, Inc. Meta PUMA SE Powerade USA Lil Wayne Flau'jae Johnson Jay-Z LeBron James Kristen Young Paige Bueckers Michele Cagan, CPA Show more
Finance & Economy, News Article
18:00 05.12.2024

iGenius Unveils Colosseum AI Supercomputer for Regulated Industries in Europe

iGenius has launched the Colosseum supercomputer, one of the largest AI systems, equipped with NVIDIA Grace Blackwell superchips, designed for real-time training of large language models exceeding a trillion parameters. Located in Europe, it boasts a performance of 115 exaflops and operates on renewable energy, aiming to support industries like finance, healthcare, and public administration with advanced AI applications. The initiative promotes collaboration among businesses, academia, and policymakers to enhance equitable access to AI technologies.
borsaitaliana.it
United States Dollar Igenius S.p.A. NVIDIA Corporation ITA
Technology & Innovation, Press Release
17:55 05.12.2024

Bitcoin surpasses 100K as long-term holders drive market confidence

Bitcoin has surpassed the $100,000 mark for the first time, driven by long-term holders who control 74% of the supply, amounting to over 14.5 million BTC. This surge has increased Bitcoin's market dominance to 57%, solidifying its status as the largest cryptocurrency and the seventh most valuable asset globally, with a market cap exceeding $2 trillion. Key developments, including the appointment of former SEC commissioner Paul Atkins as chair and remarks from Federal Reserve Chair Jerome Powell likening Bitcoin to gold, have further fueled market interest.
Crypto Briefing
Paul Atkins Jerome Powell
Finance & Economy, Market Report
17:53 05.12.2024

Rocket Mortgage Challenges Discrimination Claims Over Appraisal Practices in Court

Rocket Mortgage is suing the U.S. Department of Housing and Urban Development (HUD) to dismiss allegations of discrimination related to low appraisals affecting a Black borrower. The lender argues that federal law prevents them from influencing appraisals while being required to use independent appraisers, leading to conflicting regulatory mandates.
Bloomberg.com
Rocket Mortgage LLC USA
Regulatory & Legal, News Article
17:47 05.12.2024
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