Financial Headlines 2.8

 

   

The Dow Jones pushed upwards on Monday, adding 237  to wrap upat 31385,  while The Nasdaq gained 131 points to finish trading at 13987.  The S&P jumped another 28 points to close at 3915 at the end of the Monday session.

 

If you bet on yesterday’s Super Bowl, you may have had a hand in this next story:   It has been widely reported that Sports gambling sites crashed during Super Bowl amid surging demand.

 

Were they all foolish enough to try to second guess TOM BRADY on his quest for his sixth Super Bowl Ring? It should’ve been the night to lure new customers onto their platforms, with two Super Bowl Champion Quarterbacks playing against each other in last nights contest. Instead, technical disruptions and crashes left the biggest sports gambling platforms cringing and scrambling to solve unexpected problems.

In Nevada, BetMGM’s app crapped out. Ten minutes before kickoff, MGM’s retail sportsbooks found they could not accept Bets. MGM Shares closed on Monday up 3 and 1.2 percent at 35.47 in spite of the glitches in their online operations.

 

And in CRYPTO News, Tesla Buys $1.5 Billion in Bitcoin Cryptocurrency’s price soars after electric-vehicle maker says it soon expects to accept customer payments in bitcoin  The electric-vehicle company also said it expects to start accepting bitcoin as payment for its products soon. prices jumped more than 10% after the announcement, according to cryptocurrency research and news site CoinDesk. TESLA SHARES closed Monday at 858 on the news.

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