Squawk Pod: Polymarket CEO Shayne Coplan: polls vs. prediction markets - 11/07/24 | Audio Only

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.

In this episode:
Shayne Coplan, @shayne_coplan
Tim Higgins, @timkhiggins
Becky Quick, @BeckyQuick
Joe Kernen, @JoeSquawk
Andrew Ross Sorkin, @andrewrsorkin
Cameron Costa, @CameronCostaNY

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