Browsing: market

Prediction markets — platforms where people stake money on the outcome of elections, sports, economic reports and other future events — are rapidly reshaping the online wagering landscape. They’re expanding quickly, and they’re increasingly accessible to anyone 18 and older through apps and websites that reach a broad, digitally connected audience

Thursday’s announcement that Eli Lilly will acquire AtaiBeckley, a clinical-stage maker of psychedelic drugs, for up to $3.8 billion indicates Big Pharma’s increasing embrace of a long-stigmatized class of medications as alternatives for treating an array of mental health conditions. The news comes on the heels of positive clinical trial results of several different psychedelics,…

During his final quarter as CEO of Berkshire Hathaway in the last three months of 2025, Warren Buffett once again oversaw the net selling of holdings in the conglomerate’s extensive portfolio. He stepped down from his position, with Berkshire having about $370 billion in cash, cash equivalents, and short-term Treasuries on the balance sheet