DraftKings (NASDAQ:DKNG | DKNG Price Prediction) stock is down 6% in Wednesday trading, falling from $23.30 to around $22, while Penn Entertainment (NASDAQ:PENN) stock is essentially flat. Same sector, same legislative headline,…
DraftKings (NASDAQ:DKNG | DKNG Price Prediction) stock is up 5% and Penn Entertainment (NASDAQ:PENN) stock is up 7% in early trading on Monday. The simultaneous lift suggests something bigger is at play…
There is a line Jason Robins will not cross. Even as DraftKings races to build out its prediction markets business, the CEO has been explicit about where the entertainment stops and the…
William Temple Between artificial intelligence, machine learning, quantum computing, autonomous driving, robotics and so many high-growth areas within the technology sector, there’s plenty of macro super cycles for investors to consider putting capital into.…
Prediction markets surged in 2025, with trading volumes reaching $63.5 billion, a fourfold increase from $15.8 billion in 2024. Platforms like Polymarket and Kalshi drove this growth, enabling bets on outcomes across…
Rich Duprey Live Updates Nasdaq Turns Higher12:22pm ETThe Nasdaq Composite is now seeing green, up by 0.47% in yet another volatile session. For the week, the Nasdaq Composite is headed for a loss of…
Live Updates Bitcoin Now Below $67,200 – and Plummeting10:35am ETBitcoin now trades at less than $67,200 and is getting destroyed. In fact, it last traded at $67,129 – which is great news…
When the Supreme Court struck down the federal sports betting ban in 2018, it unleashed a gold rush. Today, 38+ states have legalized sports betting, and Americans wagered over $150 billion in…
Prediction markets are experiencing rapid growth, challenging traditional sportsbooks. According to New York state data, revenue from online sports wagering has plunged during the NFL playoff season, a period typically booming for…
Pre-Market Stock Futures: Futures are trading mostly higher after another risk-off day on Wall Street on Wednesday. Despite more solid news on the inflation front, as the producer price index report came…
Shares of DraftKings (NASDAQ:DKNG | DKNG Price Prediction) are down 4.9% year to date at $34.50, and retail traders are openly questioning whether the company’s business model has a future. Despite climbing…
Whether you’re a gambling aficionado or not, most investors are well aware of how profitable casinos are. The house edge that they carry tends to produce very consistent profits over the long-term,…
Pre-Market Futures: The S&P 500 and NASDAQ futures are trading down over 1% on Tuesday, following Palantir’s 6.9% decline despite beating earnings expectations and giving strong forward guidance. Concerns over an AI…
Investors often turn to 13F filings from institutional giants to gain insights into smart money moves. These quarterly reports reveal what hedge funds, asset managers, and other big players are buying or…
Shares of DraftKings (DKNG) fell 10.2% over the past week, dropping to $31.16 from $34.70, coinciding with a dramatic collapse in retail investor sentiment on Reddit. Just one month ago shares were…
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