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“31 [Million] Americans to bet on Super Bowl, gambling group estimates”

“A record 31.5 million Americans plan to bet on this year’s Super Bowl, according to estimates released Tuesday by the gambling industry’s national trade group. The American Gaming Association forecasts that over $7.6 billion will be wagered on pro football’s… Continue Reading…

Energy

“$100 Oil? Bets Are Rolling In Again.”

“To say investors are bullish on oil again would be an understatement. In a year that has begun with serious uncertainty—largely about the path of interest rates and tech stocks — a positive call on oil is as close to… Continue Reading…

Cryptocurrencies

“Bitcoin tops $60,000 for first time in six months as traders bet on ETF approval”

“Bitcoin climbed above $60,000 Friday, pushing the digital coin further toward its all-time high, as traders speculated U.S. regulators would clear the first bitcoin futures exchange-traded fund. The world’s biggest cryptocurrency surged as high as $60,314, notching its highest level since… Continue Reading…

Stocks

“JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential”

“On24 (ONTF)… Sometimes, a company is just so solid and successful that Wall Street’s analysts line up right behind it – and that is the case here. The Strong Buy analyst consensus rating is unanimous, based on 8 Buy-side reviews published… Continue Reading…

Stocks

“Billionaire Ray Dalio Places Bet on 3 “Strong Buy” Stocks”

“Linde PLC (LIN)… Wall Street’s analysts are in broad agreement on the quality of Linde’s stock, as shown by the 15 Buy reviews overbalancing the 3 Holds. This gives the stock its Strong Buy analyst consensus rating. Shares are priced at… Continue Reading…

Stocks

“Billionaire David Shaw Bets Big on These 3 Healthcare Stocks”

“Vertex Pharmaceuticals (VRTX)… Overall, it appears that Wall Street agrees with Tenthoff. VRTX shares have a Strong Buy analyst consensus rating, based on 14 Buys and 4 Holds. The stock’s $287.50 average price target suggests it has room for 24% growth… Continue Reading…

Stocks

“Cancer Drug Bet Pays Off for Biotech CEO With 3,600% Stock Surge”

“When Jan Skvarka joined biotechnology firm Trillium Therapeutics Inc. as chief executive officer, he made a big bet to reshape the company and went all-in on a cancer treatment platform. Now, he’s reaping the rewards. It was the gamble of… Continue Reading…

Economy, Stocks

“Dow jumps more than 800 points, Nasdaq hits a record after surprise jobs surge boosts recovery bets”

“The Nasdaq Composite became the first of the three major averages to climb back to an all-time high, advancing 2.0%, or 198.27 points, to 9,814.08 on Friday and touching an intraday record of 9,845.69. After tumbling as much as 25% earlier this… Continue Reading…

Economy

“‘Betting against the U.S. economy and consumer is a loser’s game’ — why one strategist sees Dow 40,000 on the horizon”

“In our call of the day, Paul Schatz, the president of Heritage Capital, said the Dow DJIA, 3.39% could hit 30,000 points by 2021 and 40,000 by 2023 as the U.S. economy recovers over the longer term… “I firmly believe we will see Dow… Continue Reading…

Economy, Stocks

“Bill Ackman Makes $2.5 Billion ‘Recovery Bet’…”

“Activist investor Bill Ackman said he has made a “recovery bet” on the economy, investing $2.5 billion in equities, including upping his positions in several of his portfolio companies and reinvesting in others like Starbucks Corp… Ackman said his hedge… Continue Reading…