Prediction markets

AI investing can now reason like Buffett, not pattern-match — Abundance founder

8 arguments: Elliott's FOGO memo, Instacart's climb to a $17B sale, Traversal's AI-SRE business at a $1B valuation, and why AI still won't sway a jury

2 hrs ago • Scuttlebutt

"The highest in history": Robinhood CFO on why retail deserves a bigger IPO slice

5 takeaways: Why Robinhood amended its IPO filing for Anthropic, the $250M already in agentic trading accounts, and why prediction markets are leaving…

Nov 3 • Scuttlebutt

Schwab CEO on AI and jobs: "We have 1,600 more people than we had two years ago"

7 takeaways: why Schwab won't let AI agents run client money, the 30-40 agent logins it blocks each week, prediction markets with Cboe, and inflation as…

Oct 31 • Scuttlebutt

Just 3% customer overlap with Kalshi, DraftKings CEO finds

5 takeaways: why DraftKings calls itself the Goliath in its own prediction-markets fight, and how much of its code AI now writes

Oct 30 • Scuttlebutt

Kalshi CEO: the Fed itself says our crowd beat Wall Street's forecasts

7 takeaways: why a Goldman alum built a market instead of a sportsbook, who's really trading $1 trillion a year, and the death-clause call that angered…

Oct 30 • Scuttlebutt

14 business lines earn $100M a year each as crypto hits a relative winter — Robinhood CEO

5 insights: why a new adjusted EPS measure turned an earnings miss into a beat, how the SpaceX IPO filled Robinhood with new customers, and why it calls…

Oct 29 • Scuttlebutt

Main Street is beating Wall Street at predicting inflation, says Kalshi CEO

4 takeaways: why Kalshi calls itself pro-regulation, its near-$1 trillion in annualized volume, and why he won't discuss IPO timing despite a $40…

Oct 24 • Scuttlebutt

Kalshi CEO on LSU's $3M Lane Kiffin bonus: "They hedged it at $3,000,000 on Kalshi"

10 takeaways: why sports fell from 95% of revenue to about 65%, how a $50,000 contract paid a goat herder $500,000, and the 1958 onion law behind…

Oct 22 • Scuttlebutt

The CFTC has approved 2,500 self-certifications and denied none, says CME's CEO

4 takeaways: why he calls perpetual futures mislabeled swaps, the $76 trillion reason equities can't yet trade 24/7, and the day he found more…

Oct 21 • Scuttlebutt

The market is missing that AI speeds Schwab up rather than holding it back — Schwab CEO

5 insights: Why a 4bp margin miss, not demand, hit the stock, how 90% leverage growth came mostly from tax-aware long-short, and why prediction markets…

Oct 17 • Scuttlebutt

Saylor's bull call, Kalshi's longshot boom, Clarity's silver lining — Bloomberg Crypto

10 calls: why Michael Saylor wanted the Clarity Act to stall, how 65% of Kalshi volume ended up in longshot bets, and the Supreme Court fight over…

Oct 14 • Scuttlebutt

Data centers drive most hedging demand, says Susquehanna's prediction markets head

18 takeaways: how Susquehanna priced a $500K goat-herder hedge, why it keeps most of its custom-hedge risk on its own books, and why OpenAI bankruptcy…

Oct 10 • Scuttlebutt

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