Charles Schwab CEO: Considering entering the prediction market field
BlockBeats News, April 17, Charles Schwab is paying attention to the prediction market, but its president and CEO Rick Wurster believes there is a significant difference between betting on Taylor Swift's love life and betting on the latest inflation data.
"At some point, we are likely to launch a prediction market," Wurster said during the company's first-quarter earnings call on Thursday, noting that he would distinguish bets on financial events from topics like sports, politics, and pop culture.
But Wurster stated that Charles Schwab is not one of those companies rushing to bring related products to market. "This is not at the top of our clients' demand list, and if you look at the success rate data for traders, it is not high; people usually lose money. This is definitely something we will study seriously, and it would be quite straightforward for us to offer it. When we do, we will make it more formalized."
Charles Schwab CEO: Considering entering the prediction market field
BlockBeats news, April 17, Charles Schwab is focusing on prediction markets, but its president and CEO Rick Wurster believes there is a significant difference between betting on Taylor Swift's love life and betting on the latest inflation data.
"At some point, we are likely to launch prediction markets," Wurster said during the company's first-quarter earnings call on Thursday, noting that he distinguishes betting on financial events from topics like sports, politics, and popular culture.
But Wurster said that Charles Schwab is not one of those companies rushing to market products related to that field. "It's not at the top of our clients' demand list, and if you look at the success rate data of traders, it's not high; people generally lose money. This is definitely something we will study seriously, and it would be quite straightforward for us to offer, and when we do, we will make it more formal."
Trump: U.S.-Iran Agreement Will Bring "Free Oil," Oil Prices Only Half of Expectations
BlockBeats news, on April 17, U.S. President Trump stated that he expects an agreement with Iran to be announced soon and said that the agreement will bring the U.S. "free oil" and "free access to the Strait of Hormuz."
Trump stated when asked about the economy and oil prices that current oil prices are lower than previously expected. He said: "If you look at the oil prices and the price we pay, it's only about half of what people originally expected, provided you do what I have to do."
He added: "I think the negotiations are very successful at the moment, and if reached, it will be announced soon, which will give us free oil and free access to the Strait of Hormuz. Everything will be fine, and I believe oil prices will be lower than before."
BlockBeats news, on April 17, President Trump stated that he expects an agreement with Iran to be announced soon, claiming that the agreement will bring "free oil" and "free access to the Strait of Hormuz" for the United States.
When asked about the economy and oil prices, Trump mentioned that current oil prices are lower than previously expected. He said: "If you look at oil prices and the price we are paying, it is only about half of what people originally expected, provided you do what I must do."
He added: "I think the negotiations are very successful at the moment, and if reached, it will be announced soon, which will give us free oil and free access to the Strait of Hormuz. Everything will be fine, and I believe oil prices will be lower than before."
Trump claims Iran agrees not to possess nuclear weapons, Iran has no response
BlockBeats news, on April 17, according to CCTV News, on the 16th local time, U.S. President Trump stated that the United States has obtained a 'very weighty' statement to ensure that Iran will not possess nuclear weapons, and the validity of this commitment will exceed 20 years.
However, Trump has not disclosed the details of the so-called 'statement.' Trump also stated that Iran has agreed not to possess nuclear weapons, and the prospect of reaching an agreement 'looks very optimistic.' He said, 'Iran has agreed to almost all demands.' So far, there has been no response from the Iranian side.
BlockBeats news, on April 17, President Trump stated that Iran has almost agreed to all matters. "If the Iran agreement is signed in Islamabad, I might go. I would be willing to go to Pakistan."
Trump: Our relationship with Iran is very good right now, and we are very close to reaching an agreement with Iran.
BlockBeats news, on April 17, U.S. President Trump stated, "Our relationship with Iran is very good right now." We are very close to reaching an agreement with Iran.
If an agreement is reached, oil prices will fall, prices will decrease, and inflation will decline.
Dissatisfaction with Australia. When we needed them on the issue of the Strait of Hormuz, they did not stand by us. (Jinshi)
BlockBeats News, on April 17, according to CCTV News, local time on the 16th, U.S. President Trump stated that the United States has obtained a "very substantial" statement to ensure that Iran will not possess nuclear weapons, and the validity of this commitment will exceed 20 years.
However, Trump did not disclose the details of the so-called "statement." Trump also mentioned that Iran has agreed not to possess nuclear weapons, and the prospects for reaching an agreement "look very optimistic." He stated, "Iran has agreed to nearly all requests." Currently, there has been no response from the Iranian side regarding this.
BlockBeats News, on April 17, U.S. President Trump stated, "Our relationship with Iran is very good right now." We are very close to reaching an agreement with Iran.
If an agreement is reached, oil prices will drop, prices will decrease, and inflation will decline.
Dissatisfaction with Australia. When we needed them on the issue of the Strait of Hormuz, they did not stand by our side. (Golden Ten)
BlockBeats news, on April 17, U.S. President Trump stated that Iran has almost agreed to all matters. "If the Iran agreement is signed in Islamabad, I might go. I am willing to go to Pakistan."
Trump: Iran has agreed that they will not possess nuclear weapons and will return nuclear materials
BlockBeats news, on April 17, U.S. President Trump stated that there is a very strong statement that Iran will not be allowed to possess nuclear weapons for 20 years or even longer. Iran has agreed that they will not possess nuclear weapons. If an agreement is not reached with Iran, conflict will resume.
Iran has agreed to return nuclear materials to the United States. (Golden Ten)
BlockBeats news, on April 17, U.S. President Trump stated that there is a very strong statement that Iran will not be allowed to have nuclear weapons for 20 years or even longer. Iran has agreed that they will not have nuclear weapons. If no agreement is reached with Iran, conflict will resume.
Iran has agreed to return the nuclear materials to the United States. (Jin Ten)
Trump: The prospects for reaching an agreement with Iran are very optimistic, the next meeting may take place this weekend
BlockBeats news, on April 17, President Trump stated that the next meeting with Iran may take place this weekend. The prospects for reaching an agreement with Iran are very optimistic.
Israeli Prime Minister: Agreed to a ten-day ceasefire, there is an opportunity to reach a historic agreement with Lebanon
BlockBeats news, on April 17, Israeli Prime Minister Netanyahu stated that there is an opportunity to reach a historic agreement with Lebanon. Agreed to a ten-day ceasefire.
Responded to the calls and agreed to reach a temporary ceasefire to advance negotiations. In the negotiations, we have two demands: disarm Hezbollah and reach a sustainable peace agreement from a position of strength. (Jinshi)
Foreign Media: Trump's premature announcement of a ceasefire triggers dissatisfaction on the Israeli side
BlockBeats news, on April 17, according to a report by Al Jazeera citing Israel's Channel 12, U.S. President Trump announced a ceasefire with Lebanon before the Israeli cabinet voted on the related issues, causing dissatisfaction on the Israeli side.
The announcement of a ceasefire by the U.S. President seems to once again put Israel in an awkward position, as the Israeli government and people do not wish for the war to stop at this point. At the time of Trump's statement, the Israeli army was still conducting operations in Lebanon, targeting local objectives. (Jinshi)
Trump: Significant progress is being made regarding the situation in Iran, it is uncertain whether the ceasefire needs to be extended
BlockBeats news, on April 17, President Trump stated that (talking about Iran) significant progress is being made. It is uncertain whether the ceasefire needs to be extended. Iran is now willing to do things it was previously unwilling to do.
(Talk about the Israel-Lebanon ceasefire) The ceasefire will include Hezbollah in Lebanon.
BlockBeats news, on April 17, U.S. President Trump stated that the next meeting with Iran may take place this weekend. The prospects for reaching an agreement with Iran are very optimistic.
BlockBeats news, on April 17, according to Al Jazeera citing Channel 12 of Israel, U.S. President Trump announced a ceasefire with Lebanon before the Israeli cabinet had voted on related issues, causing discontent among the Israeli side.
The announcement of the ceasefire by the U.S. President seems to once again put Israel in an awkward position, as the Israeli government and people do not wish for the war to stop. At the time of Trump's statement, the Israeli army was still conducting operations within Lebanon, striking local targets. (Gold Ten)
BlockBeats news, on April 17, U.S. President Trump stated that (talks on Iran) are making great progress. Uncertain whether the ceasefire needs to be extended. Iran is now willing to do things it was previously unwilling to do.
(talks on Israel-Lebanon ceasefire) The ceasefire will include Hezbollah.
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