The report said that CEO Mark Zuckerberg directed staff to develop a prediction markets platform, internally known as “Arena.”
Meta is building a prediction markets app. These stocks fell in response
You might be interested in …
AI chipmaker Cerebras down 11% after first public earnings report
While revenue was up 92% from year-ago levels, the company forecasted a lower core gross margin next quarter.
Chubb CEO flags threat disrupting global oil supply
Yahoo Finance
Cboe launches prediction market suite with binary option contracts on S&P 500
The contracts are currently available on Interactive Brokers and are expected to launch on Charles Schwab in the coming months.