Tag: bet
-
French trader bet over $28 million on Trump election win using 4 Polymarket accounts
A stark shift toward former President Donald Trump on the political gambling platform Polymarket this month stoked scrutiny about four accounts that have collectively spent over $28 million betting on the Republican nominee to win the 2024 presidential election. Polymarket on Thursday confirmed what a number of experts have suspected: All four accounts are controlled by a single trader. A…
-
Microsoft’s mammoth AI bet will lead to over $100 billion in data center leases
As Microsoft investors get ready for quarterly earnings this month, there’s one particular metric that’s become increasingly important: finance leases. A finance lease lets a company pay for an asset over years, rather than all upfront. For companies like Microsoft that are building massive data centers to handle artificial intelligence workloads, shareholders have to get used to…