Prediction markets have boomed during the past few years.

Platforms like Kalshi and Polymarket let anyone bet on just about anything. People can bet on whether the Federal Reserve will raise interest rates, who will win an election, or even whether a celebrity will make an appearance at a big event.

Missed AI’s “Act 1”? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn’t buy Nvidia in 2005. But according to our analysts, we’re only at the end of “Act 1″—the R&D phase. “Act 2” is the global rollout. Continue »

Prediction market trading volume is forecast to reach $410 billion this year, but this is just the beginning, according to a team led by Bernstein…