Prediction markets suddenly surge toward Trump as first election results come in
Briefly

"Betting markets took a sharp turn toward Donald Trump as the first states were called in the presidential election, indicating a significant shift in confidence among gamblers."
"Trump's odds of winning jumped to 62% from 57% at the start of the day, showing a dramatic increase in betting confidence following the initial election results."
"Prediction markets like Polymarket and IBKR showed Trump's odds soaring, with Polymarket indicating a rise to 70% from 62% in just a few hours."
"Despite Trump’s surge, prior to election night, markets had shown strong momentum for Harris, with a Des Moines Register poll indicating she was leading Trump among likely voters."
Read at Fortune
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