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This College Dropout Made Almost $1 Billion Betting on Horses. Now He"s Finally Telling How He Did It

Beating the odds was so easy that when he won $13 million on a single horse race once, he never bothered to cash the ticket......»»

Category: topSource: incMay 9th, 2018

Saudi Sovereign Wealth Fund Is Betting On These 3 US Video-Game Stocks

Saudi Arabia’s sovereign wealth fund has invested more than $3 billion in shares of video-game companies, according to 13F filings made with the United States Securities and Exchange Commission.  read more.....»»

Category: blogSource: benzingaFeb 17th, 2021

Hedge Fund and Insider Trading News: Seth Klarman, Chase Coleman, Michael Novogratz, Crispin Odey, Appaloosa Management, ARMOUR Residential REIT, Inc. (ARR), American Eagle Outfitters Inc (AEO), and More

Klarman Made $1 Billion Hedging Markets. He Still Lost Money (Bloomberg) Seth Klarman made $1 billion betting against stocks and corporate .....»»

Category: topSource: insidermonkeyApr 8th, 2020

Traders betting on stock declines made $344 billion in just one month as coronavirus ravaged the market

Lucas Jackson/Reuters US short-sellers profited nearly $344 billion from the market's February 19 peak to March 19, according to financial analytics firm S3 Partners. The month also saw total shares sold short increase by about $41 billion as mar.....»»

Category: topSource: businessinsiderMar 23rd, 2020

Traders betting against pot stocks made almost $1 billion in 2019. Here are the 8 stocks most responsible for those gains.

Reuters Short-sellers betting against the cannabis sector have made $993 million in mark-to-market gains year-to-date, according to a Wednesday note from financial-analytics .....»»

Category: topSource: businessinsiderDec 18th, 2019

Lawyer who built Humana into a health insurance giant dies at 88

Jones turned a $1,000 investment into America’s largest nursing-home chain, then made it a hospital giant and finally a $37 billion health insurance corporation......»»

Category: topSource: washpostSep 18th, 2019

Real Millionaires of Red Hat: Who made what after sale to IBM

Slews of Form 4s – the regulatory paperwork required for insider stock transactions – dropped late Tuesday, as top brass Red Hatters finally got their first big dollar payouts from the $34 billion IBM deal......»»

Category: topSource: bizjournalsJul 11th, 2019

Inside the Crazy World of Sports Gambling: Term Sheet for April 10

On deals and dealmakers. PLACE MY BET$8.5 billion. That's how much Americans will spend betting on college basketball games during March Madness. Why is this important? This was the first NCAA Tournament since the Supreme Court's landmark d.....»»

Category: europeSource: fortuneApr 10th, 2019

Inside the Battle for the Future of Sports Betting

This spring, Americans will spend $8.5 billion indulging in a time-honored vice: wagering on college basketball games. March brought with it “March Madness,” the three-week-long avalanche.....»»

Category: europeSource: fortuneApr 10th, 2019

Who will referee billion-dollar sports betting industry?

Now that the U.S. Supreme Court has cleared the way for states to legalize sports betting, the race is on to see who will referee the multibillion-dollar business of gambling on pro and college sports......»»

Category: topSource: foxnewsMay 15th, 2018

Medusae Fossae: Scientists Have Finally Figured Out How These Mysterious Martian Rock Formations Were Made

The formation was likely formed as a result of a series of explosive volcanic eruptions more than 3 billion years ago......»»

Category: topSource: newsweekJun 18th, 2018

How this woman went from a Pizza Hut employee to founder of $4 billion startup

Credit Karma When Nichole Mustard found herself adrift after college, she made a simple promise to herself: "be happy." Time and again that choice led her to revamp her life .....»»

Category: topSource: businessinsiderAug 5th, 2018

This 28-year-old college dropout made the world"s best smartphone – but he doesn"t want to "be compared to Apple at all"

OnePlus Carl Pei is a co-founder of the Chinese smartphone maker Oneplus. The company's latest model, Oneplus 6, was widely praised — with 1 million sold within a month of launch. In an interview with Business Inside.....»»

Category: topSource: businessinsiderAug 29th, 2018

Uber proposals value company at $120 billion in a possible IPO - WSJ

Uber Technologies Inc [UBER.UL] could be valued at $120 billion when it finally goes public next year according to recent proposals made by U.S. banks, the Wall Street Journal reported on Tuesday, citing people familiar with the matter......»»

Category: topSource: reutersOct 16th, 2018

Uber IPO proposals value company at $120 billion: WSJ

Ride-hailing giant Uber Technologies Inc [UBER.UL] could be valued at $120 billion, when it finally goes public next year according to proposals made by U.S. banks bidding to run the offering, the Wall Street Journal reported on Tuesday......»»

Category: topSource: reutersOct 16th, 2018

Uber IPO proposals value company at $120 billion - WSJ

Ride-hailing company Uber Technologies Inc [UBER.UL] could be valued at $120 billion, when it finally goes public next year according to proposals made by U.S. banks bidding to run the offering, the Wall Street Journal reported on Tuesday......»»

Category: topSource: reutersOct 16th, 2018

Uber value estimate soars ahead of likely IPO

Ride-hailing company Uber Technologies could be valued at $120 billion, when it finally goes public next year according to proposals made by U.S. banks bidding to run the offering, the Wall Street Journal reported on Tuesday......»»

Category: videoSource: reutersOct 16th, 2018

Traders are making a boatload betting against once-beloved FAANG stocks

People betting against once-beloved technology giants made $1.6 billion in paper profit last week, according to data from S3 Partners......»»

Category: topSource: moneycentralOct 29th, 2018

5 Blue Chip Dividend Oil Stocks Could Be Acquired Next If Huge Oil Mergers Happen

Last fall, Exxon Mobil Corporation (NYSE: XOM) made a monumental move, announcing its acquisition of oil shale titan Pioneer Natural Resources (NYSE: PXD) for a staggering $59.5 billion in an all-s.....»»

Category: personnelSource: nytApr 21st, 2024

Someone spiked the chowder with PCP on the set of "Titanic" in 1996 — and we might finally find out how it happened

The "Titanic" PCP incident is one of the longest-running mysteries in movie history. The unredacted police report may finally be made public in May. Director James Cameron stands on the set of th.....»»

Category: smallbizSource: nytApr 19th, 2024

N.C. State Lottery Commission: Sports betting hits $659M in first month

First-month receipts totaled $659 million, putting North Carolina ahead of pace to reach a first-year forecast of $3.9 billion in wagers......»»

Category: topSource: bizjournalsApr 17th, 2024