Argentine striker No. 10 Lionel Messi kicks the ball during the Qatar 2022 World Cup final football match between Argentina and France at Lusail Stadium in Lusail, north of Doha, on December 18, 2022.
Kirill Kudryavtsev | Afp | Getty Images
There is a particular fever surrounding a men’s football World Cup. And the 2026 edition of the tournament is generating even more excitement, with 48 teams instead of the usual 32, and three host nations instead of the usual one.
The games will stretch from Vancouver to Mexico City from June 11 to July 19, marking the first time the games have been hosted in North America since 1994.
There will be winners and losers on and off the field. Goldman Sachs predicts that the main beneficiaries of the sector will be European and American consumer staples companies, American retail and hospitality companies. But the investment bank also warns that “while the World Cup is undoubtedly a major commercial event, it does not necessarily follow that the macroeconomic impact on host countries will be substantial or lasting.”
The World Cup could boost these stock sectors, according to Deutsche and Goldman
What are the chancesDeutsche Bank analysts believe that sports betting platforms should also benefit. But a battle could be brewing between traditional bookmakers and the ever-increasing number of bookmakers. prediction markets. This is the first World Cup where Polymarket and Kalshi are now significant forces in the sports betting space.
While billions of people are expected to follow the matches, it’s not just football that starts next week…
I’m offsideInvestors will be watching AI stock closely after a series of volatile trading days. American semiconductor giant Broadcom sparked a sell-off in the global chip sector after issuing disappointing forecasts for its AI chip sales.
Expect more headlines from London Tech Week, which begins on Monday. Anthropic Announces Highly Anticipated IPOalong with any updates from OpenAI on its IPO plans, will be at the top of the agenda.
Objective of the private marketAim for the starsWhile billions of people watch football, all eyes will also be on the market as one of the most anticipated IPOs of all time begins on Friday.
SpaceX hopes to reach for the stars Friday when it lists in what is expected to be the largest public stock sale ever.
The path to the IPO of Elon Musk’s mega-company was as dramatic as any World Cup final: an unprecedented decision to price exactly $135 per share, a dizzying valuation of $1.7 trillion, a reality check from the S&P on entry requirements, and a drive to reach an unprecedented number of retail investors. All of this adds to his ambition to colonize Mars.
So, as nations begin their quest for World Cup glory, investors are also ready to take advantage of the market moments.
What to watch this week:Monday: London Tech Week
Tuesday: SuperReturn Berlin
Wednesday: SuperReturn Berlin
Thursday: ECB monetary policy decision
Friday: SpaceX IPO
Disclosure: CNBC and Kalshi have a business relationship that includes customer acquisition and minority investment.
