Data: Robintrack; Table: Axios Visuals

These are the hottest stocks on Robinhood, the easy-to-use app that is drawing young users who otherwise would be betting on sports during the shutdown.

The big picture: While stocks favored by institutional investors like Apple, Microsoft and Amazon occupy slots in the top 20, the list is heavily filled by speculative bets like cruise operators and airlines whose share prices are down significantly from their levels at the beginning of the year.

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Kendall Baker, author of Sports
Sep 3, 2020 - Economy & Business

Mike Greenberg explores sports' "craziest gambling stories" in new ESPN+ series

Mike Greenberg at a taping for "Bettor Days." Photo: Joe Faraoni/ESPN Images

Mike Greenberg's new show, "Bettor Days," debuts on ESPN+ Thursday.

The big picture: The 15-minute show, which tells the stories behind sports betting's craziest wins and losses, is part of a larger sports betting push by ESPN. The company just debuted its new Las Vegas studio, which will host the network's one-hour weekday sports betting show, "Daily Wager," and other related programming.

Updated Sep 3, 2020 - Economy & Business

Stocks drop amid tech sell-off

Photo: Angela Weiss/AFP via Getty Images

The S&P 500 closed down 3.51%, while the Nasdaq was off 4.98% (598 points) and the Dow fell 2.78% (808 points) on Thursday. Stocks had their worst day since June.

The big picture: The indices are still hovering near their highest levels ever — the S&P 500 is still higher than it was at any time before the pandemic — but the pullback is being led by a drop in the technology stocks that led the advance to record highs.

Updated 2 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 8:15 a.m. ET: 30,539,903 — Total deaths: 952,629— Total recoveries: 20,800,482Map.
  2. U.S.: Total confirmed cases as of 8:15 a.m. ET: 6,726,353 — Total deaths: 198,603 — Total recoveries: 2,556,465 — Total tests: 92,163,649Map.
  3. Politics: In reversal, CDC again recommends coronavirus testing for asymptomatic people.
  4. Health: The dwindling chances of eliminating COVID-19 — Massive USPS face mask operation called off The risks of moving too fast on a vaccine.
  5. Business: Unemployment drop-off reverses course 1 million mortgage-holders fall through safety netHow the pandemic has deepened Boeing's 737 MAX crunch.
  6. Education: At least 42% of school employees are vulnerable.