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Michael Burry bets on sportsbooks DraftKings, Flutter

Michael Burry attends the premiere of “The Big Short” at Ziegfeld Theatre on Nov. 23, 2015 in New York. Dimitrios Kambouris | Getty Images Michael Burry of “The Big Short” fame said he bought shares of regulated sports-betting operators DraftKings and Flutter Entertainment, anticipating regulators will eventually crack down on prediction markets after competition from...
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Fed minutes June 2026: officials split on rates

Federal Reserve officials were split last month about the future of interest rates, with policymakers entertaining scenarios in either direction, according to meeting minutes released Wednesday. In Kevin Warsh‘s first meeting June 16-17 as chairman of the Federal Open Market Committee, participants saw outcomes where inflation could ease and allow lower rates, while others envisioned...
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The U.S. strikes Iran, Samsung’s Wall Street letdown, using AI for financial planning and more in Morning Squawk

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. This year’s FIFA World Cup isn’t over yet. But as CNBC’s Alex Sherman reports, media companies are already thinking about how to get rights to the next ones. Stock futures fell sharply this morning after President Donald Trump said the...
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