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The Latest Breaking News from DraftKings

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

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

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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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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.

Benzinga

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

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news in one place.

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Benzinga

EXCLUSIVE: Sports Betting ETF CEO Sizes Up Trump's Big Beautiful Bill, Higher Taxes, ESPN Bet Success

The sports betting sector is one of many that could be impacted by President Donald Trump's so-called “Big Beautiful Bill.”

MarketBeat

Trump Tailwind? How the BBB Could Boost DraftKings Stock

The Big Beautiful Bill is set to usher a huge tax shakeup for pro sports bettors. The law looks poised to benefit DraftKings, providing a tailwind to shares.

Dot Esports

FanDuel applies for untethered license ahead of Missouri sports betting launch

Esports betting could also flourish in the Show-Me State.

Dot Esports

Daily fantasy sports could be declared illegal in California—what it means to esports and betting

The future of DFS hangs in the balance.

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news in one place.

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Benzinga

Jim Cramer Says A Tax Provision In Trump's 'One Big, Beautiful Bill' Could Gut Professional Gambling: Here's Why DraftKings, FanDuel Don't Mind

A little-noticed provision tucked deep within the “One Big, Beautiful Bill” that was passed and signed into law last week is raising alarm bells among professional gamblers. Wall Street and gambling companies themselves, however, don’t seem that bothered.

Reason

Illinois' Sports Betting Tax Means All Bets Are Off

Does Gov. J.B. Pritzker think this helps his presidential profile?

Clever Dude

5 Breakout Stocks With the Potential to Skyrocket This Year

Looking for high-potential breakout stocks to supercharge your returns? You’re not alone. With volatility and innovation shaking the markets in 2025, the smartest investors are eyeing companies with strong momentum and growth catalysts. From AI juggernauts to EV innovators and fintech disruptors, we’ve identified five breakout stocks that may be…

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.

Golf Monthly

How A Rain-Affected PGA Tour Event Has Led To One Bettor Attempting To Sue DraftKings For $14.2 Million

An Iowa man is suing the company after placing bets on the 2024 Pebble Beach Pro-Am, which was shortened to 54 holes due to bad weather

The Independent UK

Gambler sues DraftKings, claims online sportsbook screwed him out of $14 million payday

Exclusive: “He placed a valid bet and DraftKings needs to honor it,” attorney Benjamin Lynch said of his client, 37-year-old Iowa resident Nicholas Bavas

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.

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