Friday, February 19, 2021

Kalshi, an online trading startup letting users bet on "yes/no" questions about future events, raises $30M from Sequoia and others ahead of planned March launch (Alexander Osipovich/Wall Street Journal)

Alexander Osipovich / Wall Street Journal:
Kalshi, an online trading startup letting users bet on “yes/no” questions about future events, raises $30M from Sequoia and others ahead of planned March launch  —  Sequoia, Chuck Schwab are among those backing Kalshi, which plans to launch in March



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...