Check out the companies making headlines before the bell: DraftKings (DKNG) – DraftKings fell 12.5% in premarket trading despite reporting a smaller-than-expected quarterly loss and revenue that toppe...
Tag: DraftKings
NFL Players Become Deadfellaz Zombies in DraftKings Fantasy NFT Collab
In brief DraftKings, NFT project Deadfellaz, and the NFL Players Association have teamed up for a collaboration. Cards that show NFL players turned into Deadfellaz characters will be released via Draf...
Is DraftKings a good stock to buy after Disney deal reports?
DraftKings Inc. (NASDAQ:DKNG) extended gains by more than 5% on Friday after positive reports. Different news sources indicated that the sports-betting firm was close to a huge deal with Walt Disney’s...
DraftKings Shares Spike On Reports Of Multibillion-Dollar Deal With ESPN—Here’s Why It’s A Big Deal For Disney
Topline ESPN and DraftKings are nearing a deal on an exclusive brand partnership, Action Network and Bloomberg reported Thursday night, sending the sports betting company’s stock surging and potential...
AMD, Levi Strauss, DraftKings and more
Here are the companies that are making headlines before the bell: Advanced Micro Devices (AMD) – AMD slid 5.3% in the premarket after cutting its sales forecast. The chipmaker said it is being hit by ...
Sports Betting Is Revving Up Ad Spending For Fourth Quarter
A customer makes a sports bet at the Ocean Casino Resort in Atlantic City, N.J. on Sept. 6, 2022. In … [+] the fifth year of legal sports betting in most U.S. states, the action is speeding up d...
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...
Cathie Wood Watch: Buys Nvidia, Output Platform; Sells DraftKings
Cathie Wood, chief executive of Ark Investment Management, bought and sold familiar stocks Monday, including a sports gambling company and a top semiconductor maker. All valuations below are as of Mon...
Beyond Meat and DraftKings see a short-term spike
It seems that the short-squeeze shenanigans are back in town once again, attacking short positions across various stocks, not just the ‘traditional meme stocks,’ either. In particular, Beyond Meat (NA...
Lyft, Carvana, Warner Bros. Discovery, DraftKings
Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angele...
DraftKings shares are up 20% on Friday: this is why
Shares of DraftKings Inc (NASDAQ: DKNG) are close to 20% up on Friday after the sports betting company reported a narrower-than-expected loss for its fiscal second quarter and raised its guidance for ...
Jets Are A Popular Pick Among Bettors To Exceed Their Woeful Record Of Last Season
New York Jets’ quarterback Zach Wilson, shown in practice in May, likely will be a major factor in … [+] whether bettors cash tickets predicting that the Jets will record more than five vi...
PENN, DKNG Get Upgrades But The Stocks Are Still A GamblePenn National Gaming, DraftKings Get Upgrades But The Stocks Are Still A Gamble
Stocks can be a gamble in a market downturn, but what about actual gambling stocks? The U.S. is coming off a record year for gaming revenue and that momentum has carried into 2022. But casino stocks h...
DraftKings Lands New Bull as Profitability Nears. This Analyst Also Likes Penn.
Text size Casinos are traditionally unaffected even in a recession scenario. Ethan Miller/Getty Images DraftKings and Penn National Gaming stocks will outperform the market by selling additional produ...
DraftKings plans to accept crypto payments in Bitcoin
Recently the web platform for sports bettors, DraftKings, spoke about possible participation in the crypto-market. This is due to the slight increase in crypto adoptions where various entities in the ...
DraftKings Working Towards Accepting Crypto Payments
DraftKings CEO has revealed that the company is working towards enabling crypto payments on its platform. DraftKings Marketplace Could Start Crypto Payments On the latest episode of Decrypt’s gm podc...
DraftKings puts out plan to to accept crypto-payments in the future
In recent months, businesses all around the world have begun to integrate Bitcoin payments into their systems. As a result, more payment options will be available, and payment challenges will be reduc...
CEO Of DraftKings Outlines New Plans For Embracing Cryptocurrency Payments
The renowned sports betting and fantasy sports company DraftKings joined the cryptocurrency industry; first, NFTs, now crypto payments. Over the past months to years, companies worldwide have begun in...
DraftKings’ Risk Profile Is ‘Highly Favorable.’ It’s a Buy, Analyst Says.
Text size Interior views at DraftKings Sportsbook Manchester in Manchester, New Hampshire. Scott Eisen/Getty Images for DraftKings As online sports betting continues to gain traction in new state mark...
Women Are Signing Up For Mobile Sports Betting Apps At A Faster Rate Than Men
A League of Their Own: The number of men on sports betting apps still exceeds the number of women by 250%, but the growth rate of female customers is nearly double than that of men. getty Kara Endahl,...
DraftKings Golden Nugget purchase could lead to ‘revenue uplift,’ CEO says
DraftKings DKNG, -16.43% has completed its purchase of Golden Nugget Online Gaming in the company’s latest move to boost revenue and lower costs. The acquisition was an all-stock deal worth roughly $4...
DraftKings Q1 results: ‘we haven’t seen any impact from inflation’
DraftKings Inc (NASDAQ: DKNG) reported better-than-expected revenue for its fiscal first quarter on Friday. Shares still slid 8.0% as increased expense made it lose more money on a year-over-year basi...
Under Armour, Cigna, DraftKings and others
Check out the companies making headlines before the bell: Under Armour (UAA) – The athletic apparel maker posted an adjusted first-quarter loss of 1 cent per share, compared with a profit estimate of ...
Charlie Blackmon? So Pete Rose Should Be In Baseball Hall Of Fame Like Now
LAS VEGAS, NV – DECEMBER 15: Former Major League Baseball player and manager Pete Rose speaks … [+] during a news conference at Pete Rose Bar & Grill to respond to his lifetime ban fro...
Online Sports Betting Is a Buzzy Industry, but Where’s the Money?
Text size Gamblers may have won big with the men’s March Madness championship game on Monday, but investing in online gambling platforms has been a losing hand as of late. Shares of DraftKings (ticker...
Draftkings Reveals 2022 College Hoops NFT Collection for March Madness – Bitcoin News
On March 15, the American fantasy sports contest and betting company Draftkings announced the company’s first in-house digital collectibles campaign called the “Primetime NFT Series.” The first Draftk...
DraftKings, A $23 Billion Sports Gambling Business, Serves As A Networking Verifier For Polygon
Polygon is putting a lot of money on nil cryptography, which would be widely regarded as the best method for growing blockchains. In the Zero-Knowledge Thesis, published in August, the core developmen...
Opinion: Disney’s ESPN is aiming for a potential pact with DraftKings. The better bet for investors is FanDuel, which has a few aces in the hole
It can be maddening when other people don’t see the world the way we do. In the stock market, this kind of misalignment can be a source of great wealth. I was thinking about that kind of contrarian ap...