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The looming delivery of the November 2025 budget has sparked a storm of speculation about the potential impact of a tax increase on Britain’s economy and gambling infrastructure. With any potential changes to taxation in a nation, there comes a sharp intake of breath from those who might lose out, and a rising chorus from […]
Industrial and infrastructure stocks may soon share the spotlight with the artificial intelligence trade. According to ETF Action’s Mike Atkins, there’s a bullish setup taking shape due to both policy and consumer trends. His prediction comes during a volatile month for Big Tech and AI stocks. “You’re seeing kind of the old-school infrastructure, industrial products that have not done […]
The Social Gaming Leadership Alliance (SGLA) has this week (November 13) testified before a Massachusetts committee on a bill that contains provisions that could see Social Plus games banned in the Commonwealth. Just the day before, the alliance announced the introduction of ‘Social Plus’ which they say is a new term that defines the category […]
Electricity prices are surging, voters are growing angry, and the artificial intelligence industry’s data centers are increasingly a target for blame with U.S. mid-term elections on the horizon. Residential utility bills rose 6% on average nationwide in August compared with the same period in the previous year, according to the U.S. Energy Information Administration. The […]
Mexico’s Ministry of Finance and Public Credit has shut down 13 casinos after a multi-month investigation into organized crime and money laundering. Working with the Security Cabinet, the Ministry of Finance and Public Credit has identified 13 casinos as part of an investigation into organized crime and money laundering. It uncovered signs relating to cash […]
Emilija Manevska | Moment | Getty Images Artificial intelligence startup Cursor on Thursday announced it has closed a $2.3 billion funding round at a $29.3 billion post-money valuation, nearly triple what it was worth as of its last raise in June. Tune in at 4:30 p.m. ET as Cursor CEO Michael Truell joins “Closing Bell: […]
The estate of a murdered Pennsylvanian gaming store clerk has been awarded $15.3 million posthumously. Pace-O-Matic (“POM”), the defendants in the case were found, alongside Miele Manufacturing, to be negligent parties in a case that dated back to 2020, where the fatal shooting of clerk, Ashokkumar Patel occurred. POM have not accepted the financial award, […]
Code Metal co-founders (L-R): SVP of technology Alex Showalter-Bucher, and CEO Peter Morales Courtesy Code Metal Inc. Peter Morales started Code Metal two years ago, jumping into the market for artificial intelligence coding tools at a time when AI companies were rapidly changing the market for software development. Now he’s got $36.5 million in the […]
The CEO of the UK’s Betting and Gaming Council has outlined a warning that £8.4 billion ($11.1 billion) in bets could go to the black market if the proposed tax hike goes ahead. On the heels of its warning about the potential impact on jobs at the end of last month, the CEO of the […]
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. The S & P 500 and Nasdaq were down Tuesday as Big Tech was pressured following CoreWeave’s quarterly results Monday evening. The AI infrastructure provider disappointed investors after lowering […]
