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The Latest Breaking News from DraftKings

Is DraftKings a Buy Before the Next Sports Betting Surge?

DraftKings (DKNG) posted mixed second-quarter results, surpassing earnings expectations but missing the consensus estimate for revenue. With prevailing macroeconomic risks, legal challenges, and deteriorating financial health, should investors consider DKNG a buy before the next sports betting rise? Read on to know more.

StockNews.com

Cathie Wood Buys $35 Million Of Amazon, Targets Crypto; Sells $42 Million Of This Stock

Cathie Wood bought the dip on Amazon stock, Coinbase, Robinhood, Meta and more. ARK Invest unloaded on tech names.

Investors Business Daily

Analysts adjust DraftKings stock price target following earnings

This is what could happen next to DraftKings shares.

The Street

From analysis to the latest developments in health,
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Joe Buck Trying to Explain New NFL Kickoff Rules Made for Amusing Television

Buck’s valiant effort to explain the new kickoff rules didn’t make them any less confusing.

Sports Illustrated

Odds to Win AFC East in 2024 Season: Can Jets or Dolphins Catch Bills?

Oddsmakers at DraftKings have released AFC East futures, and the Bills are co-favorites with the New York Jets. Jets +180 Bills +180 Dolphins +200 Patriots +25

Sports Illustrated

Paul Skenes' NL Cy Young Odds Skyrocket After Another Dominant Performance

Pittsburgh Pirates rookie Paul Skenes is in the mix to win the NL Cy Young award in 2024

Sports Illustrated

Painting Corners: Best MLB Prop Bets Today (Back Aaron Nola, Kyle Schwarber and Yordan Alvarez tonight)

Baseball is back! Here are a few plus money props to consider for tonight’s slate. All odds from DraftKIngs. Aaron Nola over 6.5 strikeouts (+105) Aaron Nola

Sports Illustrated

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Paris Olympics: 5 Sports-Related Stocks Going for Gold

Tactical investors may want to keep an eye on these sports-related stocks as the Paris Olympics begin.

Kiplinger

2024 British Open Bettors’ Roundtable: Favorites, Sleepers, Props and Best Bets for Royal Troon

Is this the week Rory McIlroy ends his major drought? Is Troon ripe for a first-time major winner? Who are our favorite sleepers? Our panel of golf writers and gambling experts break down the week at Royal Troon.

Sports Illustrated

Analyst updates DraftKings stock price target as key metric faces pressure

This is what could happen next to DraftKings shares.

The Street

5 Standout Growth Stocks That Should Swing to a Profit Soon

Goldman Sachs says these growth stocks, which are highly rated on Wall Street, are on their way to profitability in 2025.

Barchart

DraftKings Stock Setting Up Despite Concerns Over Online Betting Taxes

Despite concerns over where states will go on the issue of online sports betting, DraftKings stock is approaching yet another buy point.

Investors Business Daily

2 Growth Stocks Named 'Top Picks' By Analysts This June

With markets hitting new highs this June, analysts recommend these two standout stocks because of their strong growth potential.

Barchart

States bet on boosting taxes for online sports betting companies like DraftKings, FanDuel

States are looking to increase their take from the $16 billion online sports gambling industry as it expands across the country with big partnerships

The Independent UK

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Investors Business Daily

As Legal Sports Betting Turns 6 Years Old, Which Sports Are The Biggest Winners?

Sports betting is now legal in 38 states. The most popular sports see the most bets, but the data shows some surprises.

USA Today Sports Media Group

One analytics model has Commanders with fewest wins in the NFL in 2024

One model has the Commanders winning fewer games in 2024 than they won last season.

Investors Business Daily

Dow Tumbles Below Key Levels As Nasdaq Leads With Help From Nvidia

The Nasdaq fell back below the 17,000 level on Tuesday. Nvidia hits a new high.

Investors Business Daily

DraftKings, FanDuel Stocks Blitzed By 140%+ Illinois Tax Hike

DraftKings and FanDuel-parent Flutter Entertainment both fell after the Illinois Senate advanced a budget that would more than double online sports betting taxes.

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news in one place.

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Investors Business Daily

Traders Can Bet On DraftKings With Risk-Controlled Option Strategy

The ideal scenario for this option trade is a rally to 50 around June 21 with stable or rising implied volatility.

Investors Business Daily

Dow Jones Futures Rise On Cisco, Walmart After Market Rally Hits Highs, Nvidia Breaks Out

Futures rose on Cisco and Walmart. On Wednesday, the Dow, S&P 500 and Nasdaq hit record highs, with Nvidia leading new buys.

The Street

Analysts revise DraftKings stock price target after Kentucky Derby

Here's what could happen next to DraftKings shares.

Investors Business Daily

Dow Jones Jumps 400 Points As Apple Stock Surges; Nvidia Jumps Again, Tempts New Buyers

A weak April jobs report fueled a wave of buying in the stock market today. Apple and Amgen were strong gainers in the Dow Jones.

Investors Business Daily

Dow Jones Futures Rise As Apple Jumps On Buyback, But Jobs Report Looms

The stock market rallied into Friday's key jobs report. Apple popped late on earnings and massive stock buyback.

Investors Business Daily

DraftKings Stock Reverses After Narrowed Loss, Revenue Outpace Views

DraftKings stock reversed lower Friday after surging in early trade. Shares climbed after Q1 results late Thursday ran ahead of expectations.

Barchart

Buy the Dip: This Top-Rated Cathie Wood Stock Has 39% Upside Potential

Discover why Wall Street analysts are largely bullish on DraftKings, with expectations of significant upside, in our latest deep dive on the stock's performance and future prospects.

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