Podknife - Polymarket CEO Shayne Coplan: Polls vs. Prediction Markets 11/07/24 by Squawk Pod

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Polymarket CEO Shayne Coplan: Polls vs. Prediction Markets 11/07/24

Podcast |: Squawk Pod
Publisher |: CNBC
Media Type |: audio
Podknife tags |: Business,; Business News,; Interview,; News & Politics
Categories Via RSS |: Business,; Business News,; Investing,; News
Publication Date |: Nov 07, 2024
Episode Duration |: 00:39:44

Description
iTunes Summary

In the week leading up to election day, presidential election contracts on Polymarket, Kalshi, and PredictIt all indicated Donald Trump had a wider lead ahead of Kamala Harris than traditional polls. In his first-ever TV interview, Polymarket CEO Shayne Coplan discusses his company’s role in elections and the prediction-markets-how-they-work-kalshi-interactive-brokers.html">rising popularity of prediction markets, which allow bettors to wager on election outcomes. The Wall Street Journal’s Tim Higgins highlights Elon Musk’s influence among young men, saying Musk gave them “purpose” in voting for Trump. Plus, control-majority-republicans-red-sweep-democrats.html">the House race remains uncalled, smart ring maker Oura is out with a new report on election day stress levels, and Wall Street awaits the Federal Reserve’s fed-is-likely-cutting-rates-again-thursday-everything-you-need-to-know.html">next rate cut decision.

Shayne Coplan - 14:51

Tim Higgins - 32:15

In this episode:

Shayne Coplan, @shayne_coplan

Tim Higgins, @timkhiggins

Becky Quick, @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Cameron Costa, @CameronCostaNY

In the week leading up to election day, presidential election contracts on Polymarket, Kalshi, and PredictIt all indicated Donald Trump had a wider lead ahead of Kamala Harris than traditional polls. In his first-ever TV interview, Polymarket CEO Shayne Coplan discusses his company’s role in elections and the rising popularity of prediction markets, which allow bettors to wager on election outcomes. The Wall Street Journal’s Tim Higgins highlights Elon Musk’s influence among young men, saying Musk gave them “purpose” in voting for Trump. Plus, the House race remains uncalled, smart ring maker Oura is out with a new report on election day stress levels, and Wall Street awaits the Federal Reserve’s next rate cut decision. Shayne Coplan - 14:51 Tim Higgins - 32:15 In this episode: Shayne Coplan, @shayne_coplan Tim Higgins, @timkhiggins Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY