Hockey League Breaks New Ground With Prediction Market Licensing Deals
The Deals The National Hockey League just made sports betting history. The league signed multi-year licensing agreements with two prediction market platforms: • Kalshi • Polymarket This is the first time a major U.S. professional sports league has authorized prediction markets to use its trademarks. "As prediction markets continue to evolve at a rapid pace, […]
Meta Strikes $27 Billion Deal for Massive Louisiana AI Data Center
The Deal Meta just landed $27 billion for its massive AI data center project. The company partnered with asset management firm Blue Owl Capital on a joint venture to fund and develop the Hyperion data center in rural Louisiana. Here's the structure: • Blue Owl owns 80% of the joint venture • Meta keeps 20% […]
Tesla Set for Strong Quarter But Faces Questions About Cheaper Models
The Strong Quarter Tesla reports earnings Wednesday, and expectations are high. The company likely posted a surge in Q3 results. The driver? U.S. buyers rushing to grab the $7,500 federal EV tax credit before it expires. That credit is a powerful incentive. Losing $7,500 off the purchase price makes a huge difference for buyers on […]
Trump Weighs Massive China Export Ban on Anything Made With U.S. Software
The Plan The Trump administration is weighing a dramatic escalation in the trade war with China. Sources say officials are considering export restrictions on products made with U.S. software. That's an incredibly broad category. "Everything imaginable is made with U.S. software," one source told reporters. The potential targets include: • Laptops • Jet engines • […]
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