Astronomer CEO’s ‘kiss cam’ controversy sparked over $7 million in prediction markets bets on his ouster

Jordi Vidal | Redferns | Getty Photos Astronomer CEO Andy Byron’s controversy went so viral that it sparked hundreds of thousands of {dollars} in bets on prediction markets over his resignation. On July 16, Byron was caught on digital camera hugging his human sources director Kristin Cabot on a kiss cam throughout a Coldplay live performance … Read more

IT large bets on new acquisitions amid unsure macros

[ad_1] For Salil Parekh, who completes eight years as Infosys’s chief govt in January 2026, the priority is rising the IT providers firm whose order e-book has little to boast of. Infosys ended 2024-25 with massive offers price $11.6 billion, down 34% year-on-year. This order e-book additionally lacked contracts valued above $1 billion, important in … Read more

LIC’s June-quarter bets sign shift from momentum to worth investing

[ad_1] LIC elevated its stake in 54 listed corporations in the course of the quarter, reflecting a calibrated and sectoral strategy to navigating market volatility. Nonetheless, it additionally trimmed its stakes in one other 64 corporations on a sequential foundation, a Mint evaluation of two,945 BSE-listed corporations which have disclosed their shareholdings for the quarter … Read more

ITC bets on new progress engines, expands food-tech and wellness play

[ad_1] New Delhi/Mumbai: Diversified conglomerate ITC Ltd is increasing its presence in new enterprise segments equivalent to food-tech, wellness, sustainable packaging and agri-tech platforms, as a part of its broader ‘ITC Subsequent’ technique. Talking on the firm’s 113th annual normal assembly, chairman Sanjiv Puri stated the group is constructing a “future-ready portfolio” to navigate a … Read more

ETFs that allow investors to make big bets on market moves are gaining in popularity

Traders work on the New York Stock Exchange (NYSE) floor on Feb. 20, 2025 in New York City. Spencer Platt | Getty Images Spend some time looking at trading volumes, and you’ll notice something interesting: A lot of investors recently are making outsized bets on the stock market. Most of them are long bets, but … Read more