Sunday, April 12, 2026

As weather betting grows on prediction markets, climate experts are debating whether it improves forecasts by aggregating knowledge or is simply a zero-sum game (Bloomberg)

Bloomberg:
As weather betting grows on prediction markets, climate experts are debating whether it improves forecasts by aggregating knowledge or is simply a zero-sum game  —  From Kalshi and Polymarket to niche scientific platforms, traders are predicting the weather — and climate experts are debating the results.



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...