The first U.S. sports-betting operations are moving toward profitability after a period out of favor with investors. Feb. 11, 2023 12:01 am ET Fans will flood into Phoenix on Sunday to watch Super Bow...
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Caesars’ Sports-Betting Business Strengthens. What That Means for DraftKings.
Text size Caesars reported earnings of 24 cents a share from revenue of $2.89 billion for its third quarter. Dreamstime Caesars Entertainment stock was higher Wednesday after the casino operator poste...
Dow ends 500 points lower, Nasdaq falls 3.4% after Fed raises rates, Powell signals terminal interest rate will be higher than expected
U.S. stock indexes finished a volatile session with losses on Wednesday after the Federal Reserve announced the fourth straight jumbo increase in its benchmark interest rate and hinted at a potential ...
Royal Caribbean, Netflix, and 3 Other S&P 500 Stocks Hit Hard This Quarter
Text size Royal Caribbean and cruise ship competitor Carnival were the leading S&P 500 decliners during the second quarter. Sebastien Salom-Gomis/AFP via Getty Images What a quarter. A lot happene...
DraftKings Isn’t the Best Way to Play the Online Gambling Boom. Buy These 6 Stocks Instead.
Online sports gambling, once one of the hottest areas of the stock market, has fallen out of favor with investors. Investors worry about fierce competition and steep losses driven by heavy marketing a...
6 Stocks to Play Online Gambling Boom
Online sports gambling, once one of the hottest areas of the stock market, has fallen out of favor with investors. Investors worry about fierce competition and steep losses driven by heavy marketing a...
These are the stocks Wall Street analysts heavily favor for 2022 and also expect to rise the most
As the coronavirus pandemic has stretched out, investors have continued to pour money into stocks, in part because the alternatives have been dismal. Why bother with 10-year U.S. Treasury bonds that y...
DraftKings Is a Buy Ahead of NFL Season, Analyst Says
Text size DraftKings lifted its forecast earlier this month. Angus Mordant/Bloomberg Sports betting app DraftKings is a stock that investors should own heading into pro football’s regular season, Roth...