Alright, so Polymarket-you know, that decentralized prediction market thingy-decides to jump into predicting earnings for publicly traded companies. Because, why not? Politics wasn’t crazy enough, now it’s Wall Street’s turn.
They teamed up with Stocktwits, which is apparently the biggest hangout for US stock investors. Because when I think “reliable source,” I definitely think social media chatrooms. This partnership means Polymarket can now peddle its earnings predictions to a crowd that’s basically 10 million strong, hoping some of them actually know what they’re doing.
From Politics to Corporate Earnings (Because Betting on Reality Wasn’t Hard Enough)
They announced this on Monday, probably to distract us from… well, whatever Monday misery usually is. The idea? Combine Polymarket’s prediction market with Stocktwits’ mob of traders shouting into the void. Sounds legit.
Polymarket got famous from politics-especially the 2024 presidential election. $3.7 billion in bets, which is a lot of caffeine-fueled guessing. Oh, and here’s the kicker: Americans couldn’t even join that market. Not a single bet. Yet somehow, $1.8 billion got tossed on Trump’s re-election. You do the math.
Now, for the first time ever, Polymarket is officially diving into guessing how much money companies are making. And who better to watch this circus than nearly 10 million Stocktwits users, the people who probably get their stock tips from memes?
Making a Grand US Comeback, Like a Sequel No One Asked For
So, Polymarket sneaks back into the US market after buying QCEX (an actual derivatives exchange, not just the name of a sci-fi villain) and getting a thumbs-up from the CFTC on September 3rd. Three years out, now suddenly back like the kid who promised he’d “never do that again.”
This deal with Stocktwits is their big “Look at me, I’m back!” moment.
Polymarket runs real-time bets on everything from politics to economics to whatever else people lose sleep over. Recently, their prediction bingo covers potential TikTok sales, an OpenAI social app launch (because robots need friends too), and-wait for it-a possible US government shutdown. A real laugh riot.
They used to be worth a cool billion, then started a funding round that might push them to $10 billion. Sure, why not? Donald Trump Jr.-yes, that guy-just joined as an advisor. And his partner’s firm, 1789 Capital, threw some cash their way. So if nothing else, expect some family drama at board meetings.
Howard Lindzon, CEO of Stocktwits, says Polymarket makes news and expectations easier to understand. Because clearly, betting on everything is the new way to interpret reality. How did we ever live without this?
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2025-09-16 15:56