Bank of America downgrades gambling stocks, citing threat from prediction markets

Online sports betting faces a tough road ahead as competition grows from prediction markets and regulatory uncertainty mounts, accoridng to BofA.
Metsera says Novo Nordisk’s new up to $10 billion bid for obesity drugmaker is ‘superior’ to revised Pfizer offer

The clash reflects the shifting landscape for weight loss and diabetes drugs, with Novo Nordisk trailing Eli Lilly as companies like Pfizer race to break in.
Tuesday, November 4, 2025: Jim Cramer discusses his next moves for the Investing Club

Post Content
Bitcoin’s November sell-off worsens as investors reduce risk on worries about the AI trade

Cryptocurrencies retreated Tuesday as investors continued to flee risk-on assets.
Bessent says U.S. has ‘lots’ of options to use on tariffs if it loses Supreme Court case

The high court it set Wednesday to decide whether Trump exceeded his authority to enact sweeping duties on U.S. trading partners.
Alex Karp blasts ‘Big Short’ investor Michael Burry as ‘bats— crazy’ for bets against Palantir, Nvidia

“The idea that chips and ontology is what you want to short is bats— crazy,” Alex Karp said.
Virginia governor election: Spanberger and Earle-Sears vie to succeed Youngkin

A controversy surrounding Democratic Attorney General nominee Jay Jones’ old texts has refocused Republicans’ efforts up and down the ballot in Virginia.
Instacart rolls out AI tools for grocers, Sprouts will be first to use its Cart Assistant

Instacart’s AI Solutions, a suite of artificial intelligence tools for grocers, includes agentic inventory tracking and an AI shopping assistant.
NJ governor election: Sherrill and Ciattarelli face off in close race as Trump, Obama weigh in

The New Jersey governor’s race comes amid a government shutdown, a decline in approval for President Donald Trump and national concerns about affordability.
NYC mayoral race: Mamdani, Cuomo, Sliwa fight to replace Adams as Trump weighs in

The rise of Zohran Mamdani, a democratic socialist, has fueled a wave of spending to oppose his candidacy and back the former New York Gov. Andrew Cuomo.