CBX Daily 2/10/2026

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Today, sports betting keeps booming, but history shows most bettors lose while sportsbooks win…But let's start with Gen X, now in peak earning years and quietly set to dominate global consumer spending this decade

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Sports Betting vs. Investing: What Really Grows Your Cash?

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Long overshadowed by the digital dominance of Millennials and the cultural buzz around Gen Z, Generation X is now quietly driving a massive wave of global consumer spending. Born between 1965 and 1980, this cohort has entered its peak earning and spending years, positioning itself as one of the most influential consumer segments of the next decade. Globally, Gen X’s spending power was at $15.2 trillion in 2025, according to NielsenIQ, and that figure is projected to soar to US$23 trillion by 2035. Despite making up only 17% of the population, analysts predict that Gen X will account for the largest share of consumer spending through 2033.

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Sports Betting vs. Investing: What Really Grows Your Cash?

Sports betting usually loses money. Saving and investing, while less exciting and adrenaline pumping, are far more reliable ways to grow your money over time, according to historical data. About $1.7 billion in legal sports betting wagers are projected to be placed in February 2026, continuing nearly a decade of record-breaking betting volume that month, according to a projection from Legal Sports Report. For sportsbooks, that’s a great business because big games create the feeling of outsize opportunity, but the math behind gambling hardly changes. Over time, most bettors lose.

Birkin Bag Resale Market Is On Fire, Here's Why

In the world of luxury fashion, few items hold as much allure and prestige as the Hermès Birkin bag. Renowned for its exquisite craftsmanship and exclusivity, the Birkin bag has become a symbol of wealth and status as the resale market for these bags has doubled in five years. Hermès also benefited from some free marketing as well, thanks to rappers like Cardi B and the Kardashians, constantly showcasing their collections.

The AI Revolution Is Here, But Who’s Really Paying For Its Data Centers?

A David-vs-Goliath battle is taking place over building artificial intelligence data centers in low income and underserved neighborhoods. The power needed to fuel these energy dependent complexes continues to drive up electricity costs across the country, with no price relief in sight for the average person footing the bill. Especially, when you consider that by 2028 data centers are expected to consume 12% of U.S. power.

Money Is Pouring Into AI Startups, But The Profit Isn’t Coming Out For VCs

It’s rare to read headlines about startups raising millions in Venture Capital (VC) funding, without Artificial Intelligence (AI) being at the forefront of their product offering. That’s because the market for AI has been experiencing rapid growth, going from a valuation of $136.6 Billion in 2022, to an expected $1.8 Trillion by 2030. However, while funds are pouring into AI startups, not a ton is coming back out at the other end.

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