Stocks up about 20 % this year, bit ahead of the market. Money that might have gone towards trips to las vegas instead started pouring into sports betting aps. Revenue for the stock trading robin hood more than tripled over the previous year. The intersection of on line betting, stock trading and gaming is the focus of a new c and b c documentary, generation gamble.
September ends up being the worst month of the year for investors. Merck shares pop on encouraging results from its Covid-19 pill study. Alphabet and General Motors move one step closer to getting self-driving ride-sharing services on the road in California. Amazon unveils Astro, a $1,000 robot for your home. Warby Parker makes a strong debut on Wall Street. Zoom Video and Five9 call off their marriage. Andy Cross and Ron Gross analyze those stories and the latest from Bed Bath & Beyond, McCormick, Dollar Tree, and Sherwin-Williams. They also share why PubMatic and Editas are on their radar.
Plus, Melissa Lee discusses the intersection of online betting, stock trading, and gaming in the upcoming CNBC primetime documentary “Generation Gamble”.
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