Meta, led by Mark Zuckerberg, is developing a new prediction market app named Arena, which will operate independently from its social media platforms. Unlike typical prediction markets involving real money, Arena will initially function as a game where users earn points for correct predictions, with the possibility of adding monetary elements later. This move taps into the growing interest and controversy around prediction markets, which have seen significant trading volumes and legal scrutiny. Meta aims to leverage this trend while navigating the complex regulatory environment.
In the first half of 2026, the market returned 8%, driven by strong performances in technology and energy sectors. Looking ahead to the second half, financials and communication services are seen as attractive due to growth potential and reasonable v...
Vanguard's S&P 500 ETF (VOO) charges a very low fee of 0.03%, making it one of the cheapest index funds, but it is heavily weighted towards a few large tech companies, especially those in AI. This concentration means investors are exposed to risks fr...
The 'Magnificent Seven' group of Big Tech stocks, including Alphabet, Amazon, Apple, Meta, Microsoft, Tesla, and Nvidia, entered correction territory as concerns over rising AI spending and persistent inflation impact their valuations. The Roundhill ...
Meta, led by Mark Zuckerberg, is quietly building a standalone prediction markets app called "Arena" that lets users predict outcomes in sports, politics, and news events using a points system. Unlike existing platforms that use real money, Arena wil...
The European Union is close to issuing preliminary findings in its investigation of Meta, alleging that Facebook and Instagram are intentionally designed to be addictive to children. The probe, under the EU's Digital Services Act, could lead to fines...
