Apple makes big bet with launch of $599 iPhone 17e, upgraded iPad Air

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Apple on Monday launched iPhone 17e, its more affordable smartphone model that starts at a price of $599 with 256 gigabytes of storage, as it looks to defend its share in a fiercely competitive global handset market. The move comes as memory chip prices climb amid a global shortage, suggesting Apple is willing to absorb some component cost pressure to make […]


Hard Rock Bet launches new For You feature

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Hard Rock Bet Sportsbook has launched a new feature called “For You” on December 17. This is an in-app personalization hub that caters to each user and their individual betting habits. This is based on things such as favorite leagues, players, teams, and betting history, allowing every single user to have a more entertaining and […]


NYC official will ‘bet’ both Queens casinos get the OK day before make-or-break vote

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Queens Borough President Donovan Richards predicted both planned casinos in the World’s Borough will get licenses when bidders face a make-or-break vote on Monday. “I feel confident. I feel bullish. Bet on Queens,” Richards said Sunday, a day before the New York Gaming Facility Location board is set to decide whether to issue up to […]


What is microbetting? The rise of the fast bet and how it’s become commonplace

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There’s no denying that the gambling industry is changing at a rapid pace, with new offerings being introduced on an almost daily basis by operators. One of those major changes includes the introduction and expansion of microbetting which moves away from the traditional wagers that were once the only option. Now, people are able to […]


Google’s decade-long bet on TPUs company’s secret weapon in AI race

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Sopa Images | Lightrocket | Getty Images Nvidia has established itself as the undisputed leader in artificial intelligence chips, selling large quantities of silicon to most of the world’s biggest tech companies en route to a $4.5 trillion market cap. One of Nvidia’s key clients is Google, which has been loading up on the chipmaker’s […]


Family offices still bet on AI and health care even as deals slow down

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Jeff Bezos, founder and executive chairman of Amazon and owner of the Washington Post, takes the stage during the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City. Michael M. Santiago | Getty Images A version of this article first appeared in CNBC’s Inside Wealth […]


Trump Has Added Risk to the Surest Bet in Global Finance

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There are not many certainties in the world of money, but this traditionally has been one of them: When life turns scary, people take refuge in American government bonds. Investors buy U.S. Treasuries on the assumption that, come what may — financial panic, war, natural disaster — the federal government will endure and stand by […]


Silicon Valley return on Trump bet: Plunging valuations, delayed IPOs

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The Nasdaq MarketSite in New York, June 9, 2023. Michael Nagle | Bloomberg | Getty Images Silicon Valley executives and financiers publicly opened their wallets in support of President Donald Trump’s 2024 presidential run. The early returns in 2025 aren’t great, to say the least. Following Trump’s sweeping tariff plan announced Wednesday, the Nasdaq suffered […]


Bill Ackman’s Pershing Square slashes stake in Chipotle, continues to bet on Nike

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Billionaire investor Bill Ackman increased his stake in sportswear company Nike by 15% and cut his investment in fast-casual food chain Chipotle Mexican Grill by 14%, during the fourth quarter, according to a regulatory filing made on Friday. Ackman’s firm Pershing Square Capital Management owned 18.8 million shares in Nike and 24.7 million shares in Chipotle, a […]


Trump NASA pick Jared Isaacman made big bet on stablecoins with Shift4

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Jared Isaacman, Mission Commander, steps out of the manned Polaris Dawn mission’s “Dragon” capsule after it splashed down off the coast of Dry Tortugas, Florida, after completing the first human spaceflight mission by non-government astronauts of the Polaris Program. – | Afp | Getty Images President-elect Donald Trump’s pick to run NASA, Jared Isaacman, is […]