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When are prediction markets most helpful? Evercore ISI has a formula

Evercore ISI strategists provide insight for when prediction markets are useful for forecasting.

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Zepto said to plan June public filing for $1 billion India IPO

Zepto plans a $1 billion IPO in June, targeting investor roadshows in July to fund expansion amid changing market conditions.

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Stocks in Europe are tracking their Asian counterparts higher after Japan's Nikkei 225 breached 65,000 for the first time.

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"In the long run, it's a pretty dreadful industry," William de Gale of BlueBox Asset Management, told CNBC's Europe Early Edition on Wednesday.

When are prediction markets most helpful? Evercore ISI has a formula | ZivFin News | ZivFin