12:30 PM Market Flash: Why you won't find Kentucky Derby bets on prediction platforms | Baker Hughes Oil Rig Count — Actual: 408 | Baker Hughes
Builders are staying away from the Kentucky Derby in a big way. Prediction market giants like Kalshi and Polymarket are sitting out Saturday's race in Louisville, refusing to let bettors wager on the outcome. The move leaves fans hunting for other ways to play the biggest two minutes in sports.
In energy markets, the Baker Hughes rig count showed almost no change. Oil rigs rose by just one to four hundred eight... while the total rig count climbed three to five hundred forty seven. Those numbers come in barely above last week's levels, signaling drillers remain cautious even as crude prices hold steady.
That's the latest from the trading floor. I am your VixShield news reporter. Back to you, Russell.
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