DraftKings

DraftKings

Yahoo Finance • 5 days ago

Investor Michael Burry Bets Against Prediction Markets

Closely followed investor Michael Burry says he's placing bets against prediction markets such as Kalshi and Polymarket, which he expects to be curbed by regulations. In a Substack article, Burry said that he has opened new positions in s... Full story

Yahoo Finance • 8 days ago

Mark Zuckerberg wants in on prediction markets. Meta's reported plans sent these stocks lower as a result

Chris Unger / Zuffa LLC Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Mark Zuckerberg wants in on the prediction market hype and he's reportedly directed staff at Meta [NASDAQ: META] t... Full story

Yahoo Finance • 19 days ago

DraftKings shares volatile as investors weigh prediction market growth against profitability risks

DraftKings shares volatile as investors weigh prediction market growth against profitability risks Proactive uses images sourced from Shutterstock Draftkings Inc (NASDAQ:DKNG) shares have been volatile over the past month as investors con... Full story

Yahoo Finance • 19 days ago

Kalshi Targets $40 Billion Valuation Ahead Of IPO

Prediction market Kalshi is seeking to raise new capital at a valuation of $40 billion U.S. The newest valuation is nearly double the $22 billion U.S. that the company was valued at in its last funding round and comes as Kalshi says it is... Full story

Yahoo Finance • 20 days ago

DraftKings Stock Analysis: Buy or Sell?

The rise of prediction markets is disrupting DraftKings(NASDAQ: DKNG) business model. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor.... Full story

Yahoo Finance • 21 days ago

Meta is building a prediction markets app. These stocks are falling in response

Meta Platforms CEO Mark Zuckerberg has directed staff to create a prediction market platform, a source familiar with the company's plans confirmed to CNBC. The New York Times was first to report the development on Tuesday. The source als... Full story

Yahoo Finance • 25 days ago

Is Super Group (SGHC) Limited (SGHC) A Good Stock To Buy Now?

Is SGHC a good stock to buy? We came across a bullish thesis on Super Group (SGHC) Limited on InfoArb Sheets's Substack. In this article, we will summarize the bulls' thesis on SGHC. Super Group (SGHC) Limited's share was trading at $13.49... Full story

Yahoo Finance • 25 days ago

Is Flutter Entertainment plc (FLUT) A Good Stock To Buy Now?

Is FLUT a good stock to buy? We came across a bullish thesis on Flutter Entertainment plc on r/ValueInvesting by LowKey-Revolution36. In this article, we will summarize the bulls' thesis on FLUT. Flutter Entertainment plc's share was tradi... Full story

Yahoo Finance • 27 days ago

Janus Henderson Forty Fund Holds Firm on DraftKings’ (DKNG) Long-Term Opportunity

Janus Henderson Investors, an investment management company, released its "Forty Fund" first-quarter 2026 investor letter. A copy of the letter can be downloaded here. Fund returned -12.25% in the quarter, underperforming the Russell 1000... Full story

Yahoo Finance • 28 days ago

Prediction: This is Where DraftKings Will End The Year

Quick Read DKNG won't double to $57 by year-end, but the stock earns a BUY rating with a $32.87 target implying 14% upside. Q1 adjusted EBITDA jumped 64% and average revenue per user climbed 21%, but Monthly Unique Payers fell 4% YoY. CEO... Full story

Yahoo Finance • last month

BofA reveals $3 billion reason to watch DraftKings now

BofA Global Research spent this week quietly publishing something that matters a lot for sports betting investors. The firm's June 11 gaming note argues that the FIFA World Cup, held on U.S. soil for the first time in over 30 years, is mo... Full story

Yahoo Finance • last month

Stocks making big moves this week: DraftKings, Intel, Brinker International, FuelCell Energy, and Robinhood

Check out the companies making headlines this week: DraftKings (NASDAQ:DKNG): Fantasy sports and betting company DraftKings (NASDAQ:DKNG) rose by 5.7% on Wednesday after the company disclosed significant growth in its Predictions platform... Full story

Yahoo Finance • last month

World Cup Expected To Score These U.S. Benefits. But Questions, Controversy Remains.

The FIFA World Cup 2026 promises an economic boost to the U.S. as a host. Here are the sectors that stand to benefit from the beautiful game. Continue Reading... Full story

Yahoo Finance • last month

Amazon vs. transport stocks, DraftKings sees prediction markets boost

Yahoo Finance Senior Autos Reporter Pras Subramanian and Market Domination host Josh Lipton take a closer look at some of Wednesday's trending tickers and stories. Transportation stocks are plunging as Amazon (AMZN) expands its truckload... Full story

Yahoo Finance • last month

Stocks making the biggest moves midday: Super Micro, Cracker Barrel, Robinhood Markets, truckers & more

Check out some of the companies making the biggest moves midday: Trucking companies — Freight stocks sold off in reaction to Amazon saying it will open its less-than-truckload shipping services to companies outside its own network, posing... Full story

Yahoo Finance • last month

Stocks Fall on Weakness in Tech and Trucking Companies

The S&P 500 Index ($SPX) (SPY) today is down -0.28%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.38%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.28%.  June E-mini S&P futures (ESM26) are down -0.25%, and June E-mini Na... Full story

Yahoo Finance • last month

Call Traders Target DraftKings Stock Amid Strong Volume Growth

Shares of DraftKings Inc (NASDAQ:DKNG) are up 7.6% at $26.67, after the company reported strong May prediction markets growth, with annualized consumer trading volume rising 24% to $1.3 billion and total volume climbing 34% to $3.1 billion... Full story

Yahoo Finance • last month

DraftKings Announces Jason Robins’ Participation in Upcoming Event

BOSTON, June 09, 2026--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) ("DraftKings" or the "Company") today announced that Jason Robins, the Company's Chief Executive Officer and Co-founder, will participate in the following event: The 2... Full story

Yahoo Finance • last month

Is Rush Street Interactive, Inc. (RSI) A Good Stock To Buy Now?

Is RSI a good stock to buy? We came across a bullish thesis on Rush Street Interactive, Inc. on Stay Invested’s Substack by Denis Gorbunov. In this article, we will summarize the bulls’ thesis on RSI. Rush Street Interactive, Inc.'s share... Full story

Yahoo Finance • last month

How durable is the impact of the World Cup on stocks?

Investing.com -- The 2026 FIFA World Cup, the largest in the tournament’s history with 48 teams, 104 matches and 16 host cities across the United States, Canada and Mexico, is expected to generate measurable but largely short-lived gains f... Full story