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The Latest Breaking News from DKNG

Cathie Wood Is Buying the Dip in DraftKings Stock. Should You?

Should you follow Cathie Wood and buy into DKNG stock as it faces a correction?

Barchart

Kalshi's $5 Billion Valuation Threatens DraftKings, ETF Traders Hedge Their Bets

Sports betting ETFs are experiencing a buildup in activity as DraftKings Inc (NASDAQ:DKNG) shares plummet, highlighting the way growing competition from prediction platforms is spilling over into ETF markets based on gaming and gambling.

Benzinga

DraftKings Vs. Kalshi Vs. Polymarket: Q3 Results, Guidance To Show Who's Leading NFL Betting Market

DraftKings Inc (NASDAQ:DKNG) could benefit from the expected record $30 billion to be legally wagered on the 2025 NFL season. That’s an 8.5% increase from last year's betting handle.

Benzinga

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DraftKings (DKNG) Stock Is Trading Lower Tuesday: What's Driving The Action?

DraftKings Inc (NASDAQ:DKNG) shares are trading lower on Tuesday afternoon as investors process growing competitive pressures that overshadowed a major media partnership. Here’s what investors need to know.

Benzinga

Bear Cave Sees 'More Problems' Ahead For DraftKings As Prediction Market Volumes Continue To 'Explode'

Shares of DraftKings Inc (NASDAQ:DKNG) are in the spotlight on Thursday after research firm The Bear Cave published a new report detailing a growing competitive threat from prediction markets. Here’s what investors need to know.

Benzinga

Cathie Wood Bets Big On Chinese AI: Ark Buys Alibaba And Baidu In Back-to-Back Days, Dumps Shopify Despite Recent OpenAI Rally

On Wednesday, Cathie Wood-led Ark Invest executed significant trades involving major companies like Alibaba Group Holding Ltd (NYSE:BABA), Shopify Inc (NASDAQ:SHOP), Baidu Inc (NASDAQ:BIDU), and Brera Holdings PLC (NASDAQ:BREA). These trades reflect Ark’s strategic positioning in the evolving tech and AI sectors.

Benzinga

DraftKings Stock Sinks Despite Major NBCUniversal Sports Advertising Partnership

DraftKings Inc. (NASDAQ:DKNG) announced Monday a multi-year advertising agreement with NBCUniversal, giving the sports betting company exclusive sponsorships and integrations across the network's sports coverage.

Benzinga

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Ryder Cup 2025 Tees Off With $200 Million Economic Boost: Stocks To Watch

The 2025 Ryder Cup teed off at Bethpage State Park on Long Island Friday, drawing over 250,000 fans and expected to deliver a $200 million economic boost to New York State and surrounding businesses.

Benzinga

DraftKings (DKNG) Stock Pressured By Bear Cave Report On Growing Prediction Market Threat

Shares of DraftKings Inc (NASDAQ:DKNG) are trading off session highs Thursday following a new report from The Bear Cave highlighting a growing competitive threat from prediction markets.

Benzinga

Cathie Wood's Raises Wager On Ethereum-Hoarding Bitmine: Ark Buys Stock Of Tom Lee-Backed Company, Dumps Shares Of Sports Betting Giant

Ark Invest, led by Cathie Wood, executed significant trades on Wednesday, focusing on Bitmine Immersion Technologies Inc. (NYSE:BMNR) and DraftKings Inc. (NASDAQ:DKNG).

Benzinga

Scoring Big: How Kalshi Is Shaking Up DraftKings, FanDuel This NFL Season

With weeks to go until the 2025 National Football League season starts, sportsbooks are already feeling increased pressure and competition from the likes of Robinhood Markets Inc (NASDAQ:HOOD) and Kalshi.

Benzinga

DraftKings, Flutter Entertainment Shares Slide After Robinhood Launches Football Prediction Markets

Shares of DraftKings Inc (NASDAQ:DKNG) and Flutter Entertainment (NYSE:FLUT) are trading lower Tuesday after Robinhood Markets Inc (NASDAQ:HOOD) announced the launch of pro and college football prediction markets.

Benzinga

Up 15% in 3 Months, Is It Too Late to Buy DraftKings Stock?

DraftKings has increased by 15% in the last three months, indicating bullish sentiment. Should you buy it now?

Barchart

DraftKings Posts Record Quarter, Eyes Profitability

DraftKings stock beat Q2 expectations, raised guidance, and is showing bullish technical signals, but slowing growth and regulatory risks remain in focua

MarketBeat

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Benzinga

Cathie Wood Buys the Airbnb Dip With $21.5 Million Stock Purchase, Dumps Palantir, DraftKings And Robinhood Shares

On Thursday, Cathie Wood-led Ark Invest executed significant trades involving Airbnb Inc. (NASDAQ:ABNB), Robinhood Markets Inc. (NASDAQ:HOOD), Palantir Technologies Inc. (NASDAQ:PLTR), and DraftKings Inc. (NASDAQ:DKNG). These trades reflect Ark’s strategic adjustments in response to recent market developments and company-specific news.

Benzinga

DraftKings Stock Surrenders Q2 Earnings Pop: What's Going On?

DraftKings Inc (NASDAQ:DKNG) shares are trading lower Thursday after the company reported financial results for the second quarter. Shares initially moved higher on the report before reversing course and turning negative. Here’s what you need to know.

Benzinga

DraftKings Q2 FY2025 Earnings Call Transcript

DraftKings Inc (NASDAQ:DKNG) reported its second-quarter financial results after the closing bell on Wednesday.

Benzinga

DraftKings Q2 Earnings Soar—Record Revenue & Net Income, Plus A Prediction Market Tease?

Sports betting and online gaming company DraftKings Inc (NASDAQ:DKNG) announced second-quarter financial results after market close Wednesday.

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Benzinga

DraftKings Q2 Preview: Sports Betting Company Looks To Win Investors Over Ahead Of NCAA Football, NFL Seasons

Sports betting company DraftKings Inc (NASDAQ:DKNG) could provide a look at optimism for the sector ahead of the NCAA Football and NFL seasons when the company reports second-quarter financial results Wednesday after market close.

Barchart

3 Hot Stocks to Bet Against This Earnings Season

These stocks may be worth betting against if you believe the market is on the cusp of an inflection point.

Barchart

As DraftKings Weighs Entry into Prediction Markets, How Should You Play DKNG Stock?

DraftKings is a sports betting platform trading at a cheap valuation in July 2025. Here's why you could consider investing in DKNG stock right now.

Barchart

Analysts Love DraftKings Stock, But This New Tax Bill Could Send DKNG Shares Plunging

DraftKings stock trades at a relatively low valuation in June 2025 and is well-positioned to deliver outsized gains to shareholders.

MarketBeat

DraftKings' March Madness Miss: Wall Street Sees +50% Upside

DraftKings had problems in Q1, causing it to lower revenue guidance substantially for 2025. However, Wall Street remains unshaken, indicating big time upside.

MarketBeat

Why DraftKings Share Price Could Soar to Multi-Year Highs

DraftKings' stock price is in an updraft driven by solid results and cash flow, and can reach multi-year highs in 2025. Analysts and institutions buy in 2025.

Barchart

1 ‘Defensive’ Cathie Wood Stock to Buy While It’s at a ‘Great Entry Point’

One Wall Street analyst is backing up Cathie Wood’s view that DraftKings is a stock to buy in 2025.

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