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The Latest Breaking News from DraftKings

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

Benzinga Bulls And Bears: Intel, Rumble, DraftKings — And Markets Shrug Off The Shutdown

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Benzinga

Robinhood Up 12%—Could Prediction Markets Be Its Secret Weapon?

Robinhood's event contracts doubled in Q3, sparking a 12% stock surge. Here's how prediction markets may fuel HOOD’s long-term revenue growth.

MarketBeat

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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

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

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

5 Top Tech Disruptors to Watch

Big change catalyzed by top tech disruptors often leads to big growth.

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DraftKings Promo Code for Sunday Night Football: Bet $5, Get $200 Instantly + $200 off NFL Sunday Ticket

The DraftKings promo code gives new bettors $300 in bonus bets plus $200 off NFL Sunday Ticket as the Falcons clash with the Vikings.

Sports Illustrated

Football Season Is Here and DraftKings Stock Is Surging

Football season has arrived. For investors looking for exposure to the $100 billion legal sports betting market, DraftKings is a touchdown in the making.

MarketBeat

DraftKings Faces Parlay Blow As NFL Betting Action Heats Up

Bank of America Securities analysts weighed in on the U.S. sports betting landscape following the opening week of National Football League and college football action, observing a complex yet broadly favorable environment for operators.

Benzinga

1 ETF Worth Snapping Up Before September 4

The NFL season starts on September 4, and Americans are expected to spend $30 billion on legal sports betting this season.

Barchart

DraftKings marks Responsible Gaming Month with Super Bowl-themed campaign

The renowned operator is promoting its responsible play innovations.

Dot Esports

Cathie Wood Ditches DraftKings Stock Ahead Of NFL Season, Turns To Prediction Markets: 'Could Reshape The Way'

Ark Invest and Cathie Wood appear ready to place their bets on the winner in the sports betting market ahead of the 2025 NFL season.

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

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Benzinga

Robinhood Snubbed By S&P 500 Again, But Cathie Wood's Ark Invest Sees Big Upside In Sports-Finance Convergence

Shares of Robinhood Markets Inc. (NASDAQ:HOOD) have stumbled, falling over 7% in the last five trading sessions, as it didn’t make it into the SP 500 index again; however, a bullish outlook from Cathie Wood‘s Ark Invest sees the company poised to disrupt the multi-billion-dollar sports betting industry.

Benzinga

Vertiv, Palo Alto Networks, DraftKings And A Big Bank On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, said Vertiv Holdings Co (NYSE:VRT) is down 20% since reporting quarterly earnings.

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.

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Barchart

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?

MarketBeat

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

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.

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.

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