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World Cup boosts prediction market trading to record highs in June

Market News
04 Jul 2026
CNBC
View Source
Bullish
pluang ai news

The 2026 FIFA World Cup sparked a surge in trading volumes on prediction market platforms in June. Kalshi saw over $31 billion in trading, a 70% increase from May, while Polymarket hit a record $10.8 billion. Newcomer Rothera also recorded $2 billion in volume. This spike highlights growing investor interest and tests platform reliability under high volume, with regulators and institutions closely watching.

More News (HOOD)

Wall Street rises as Fed rate cut hopes grow despite weak jobs data

Wall Street rises as Fed rate cut hopes grow despite weak jobs data

Wall Street ended the holiday-shortened week higher, driven by optimism over a potential Federal Reserve interest rate cut by year-end despite weaker-than-expected June jobs data. Technology stocks rebounded early in the week amid easing U.S.-Iran te...

Market News
Bullish
7 hours ago
Robinhood to release Q2 2026 earnings on July 29 with live CEO call.

Robinhood to release Q2 2026 earnings on July 29 with live CEO call.

Robinhood Markets, Inc. announced it will report its second quarter 2026 financial results on July 29, 2026, after market close. The company will hold a live video call featuring CEO Vlad Tenev and CFO Shiv Verma to discuss the results at 2:00 PM PT ...

Company Fundamentals
Neutral
1 day ago
Robinhood shares rise 4% after launching Robinhood Chain, a new Ethereum-based blockchain for tokenized assets.

Robinhood shares rise 4% after launching Robinhood Chain, a new Ethereum-based blockchain for tokenized assets.

Robinhood Markets Inc launched Robinhood Chain, an Ethereum-based layer-2 blockchain using Arbitrum’s Orbit technology, designed to support tokenized assets and onchain financial products. This launch expands Robinhood’s crypto strategy by enabling t...

Market News
Bullish
2 days ago
Eightco Holdings reveals $386M portfolio with major stakes in OpenAI, Worldcoin, and Beast Industries.

Eightco Holdings reveals $386M portfolio with major stakes in OpenAI, Worldcoin, and Beast Industries.

Eightco Holdings disclosed its treasury composition as of July 1, 2026, totaling approximately $386 million. Key assets include $90 million invested indirectly in OpenAI, $18 million in Beast Industries, 283 million Worldcoin (WLD) tokens, 16,278 Eth...

Market News
Bullish
2 days ago
Robinhood CEO says AI agents will soon match human traders' capabilities in stock trading.

Robinhood CEO says AI agents will soon match human traders' capabilities in stock trading.

Robinhood CEO Vlad Tenev announced that AI agents on the platform will soon have the same trading capabilities as human traders, making advanced programmatic and AI-powered trading accessible to everyday investors. This development follows Robinhood'...

Market News
Bullish
2 days ago
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