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Analysts also report on Mattel, Cadence Design Systems, DraftKings, Travel + Leisure, and CrowdStrike.

In the latest trading session, DraftKings (DKNG) closed at $24.84, marking a -1.62% move from the previous day.

DraftKings recently launched its online sportsbook and casino, alongside its Golden Nugget Online Gaming brand, in Alberta, making the province its second Canadian market and the 34th jurisdiction in North America for its sportsbook. This expansion not only broadens DraftKings’ regulated footprint but also extends its dual-brand casino offering, reinforcing its presence across both sports betting and iGaming in Canada. We’ll now explore how DraftKings’ Alberta launch, adding another...

MGM Resorts climbed Monday, trading as high as 48.25 amid reported negotiations with Barry Diller's People Inc.

Michael Burry built his reputation betting against the crowd at exactly the right moment, and his latest wager targets a beaten-down sector most investors have already written off. The question is whether his contrarian logic holds up where others have already lost their shirts.

Zacks.com users have recently been watching DraftKings (DKNG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Michael Burry bought DraftKings and Flutter shares, betting regulation will curb prediction markets like Kalshi, as Wall Street analysts also see both sportsbook stocks as undervalued.

(Bloomberg) -- Americans using prediction markets to bet on the World Cup may face a lighter tax burden than peers wagering through sportsbooks thanks to tax breaks aimed at investments.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71OpenAI Engineer's 'LOL' Moment Set Stage for Legal Fight With AppleUS Launches Fresh Iran Strikes as Tehran Declares Hormuz ClosedGates Heir's Shopping App Claimed Sales It Didn't DriveApple Sues OpenAI for Trade Secret Theft in Pivo

(Bloomberg) -- Americans using prediction markets to bet on the World Cup may face a lighter tax burden than peers wagering through sportsbooks thanks to tax breaks aimed at investments.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71OpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleUS Launches Fresh Iran Strikes as Tehran Declares Hormuz ClosedGates Heir’s Shopping App Claimed Sales It Didn’t DriveApple Sues OpenAI for Trade Secret Theft in Pivo

Michael Burry isn’t simply betting on casino stocks. The “Big Short” investor’s fresh stakes in DraftKings (DKNG) and Flutter Entertainment (FLUT) raise a wider concern for the sports-betting industry: Are prediction markets too huge for authorities to ignore? That matters to retail investors, ...

Find insight on prediction markets, Nvidia and more in the latest Market Talks covering technology, media and telecom.

Amid the popularity of online sportsbooks and prediction markets, financial advisors urge parents to talk to children early about the hazards of online gambling.

What a brutal six months it’s been for DraftKings. The stock has dropped 24.3% and now trades at $26.47, rattling many shareholders. This may have investors wondering how to approach the situation.

DraftKings (DKNG) reached $26.29 at the closing of the latest trading day, reflecting a -3.24% change compared to its last close.

Closely followed investor Michael Burry says he’s placing bets against prediction markets such as Kalshi and ...

Michael Burry has initiated long positions in DraftKings and Flutter Entertainment, wagering that the competition from prediction markets will fade.

Michael Burry, the investor famed for predicting and profiting from the 2008 U.S. housing market collapse, has ‌bought shares of sports-betting platforms Flutter Entertainment and DraftKings, ‌wagering regulatory scrutiny will eventually curb the threat posed by prediction markets. Burry said on ​Wednesday he bought Flutter at about $107 a share and DraftKings "in the low $26s." Together, the investments make up a full-sized position weighted roughly 60/40 toward Flutter, though the investor said he may make each a full ‌position in the future.

DraftKings and Flutter Entertainment shares caught a sudden tailwind on Wednesday after The Big Short visionary Michael Burry revealed he is backing the biggest names in sports betting. The legendary contrarian investor disclosed his new stakes in a post on his Cassandra Unchained Substack newsletter. The announcement sent shares of DraftKings (NASDAQ:DKNG) and Flutter (NYSE:FLUT) spiking to session highs before settling into more modest gains of 0.5% and 1%, respectively. Burry’s entry into the

DraftKings (DKNG) is back in focus after launching its proprietary prediction markets exchange, DKeX, inside the unified Sports & Casino app. This move ties recent stock interest directly to product development. See our latest analysis for DraftKings. Recent product moves like DKeX have arrived alongside a mixed share price picture, with a 90 day share price return of 14.20% but a year to date share price decline of 26.50% and a 1 year total shareholder return decline of 35.41%. This suggests...

In the latest trading session, DraftKings (DKNG) closed at $26.21, marking a +1.24% move from the previous day.

A New York Times report sparked fresh questions about the future of online betting.

As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the consumer discretionary - gaming solutions industry, including DraftKings (NASDAQ:DKNG) and its peers.

The FIFA World Cup has driven betting on prediction markets Kalshi and Polymarket to record levels.

According to the average brokerage recommendation (ABR), one should invest in DraftKings (DKNG). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Cryptocurrencies are tentatively recovering to begin the year’s third quarter. On July 3, Bitcoin (CRYPTO: $B...

Brown Advisory, an investment management company, released its “Brown Large-Cap Growth Strategy” for the first-quarter 2026 investor letter. A copy of the letter is available to download here. The Brown Advisory Large-Cap Growth Strategy experienced a decline in the first quarter of 2026, modestly trailing the Russell 1000 Growth Index. Despite negative absolute returns amidst volatility, […]

Mid-cap stocks often strike the right balance between having proven business models and market opportunities that can support $100 billion corporations. However, they face intense competition from scaled industry giants and can be disrupted by new innovative players vying for a slice of the pie.

Americans wagered twice as much on sports gambling last year as Amazon.com Inc. generated in net income. Pompliano Highlights Sports Betting Growth “Americans wagered 2x more money on sports gambling last year than Amazon made in net income,” investor Anthony...

Financial coach and "The Ramsey Show" co-host Rachel Cruze warned that young adults, especially men in their 20s, are putting their financial futures at risk by chasing quick wealth through sports betting, cryptocurrency and risky real estate moves. Cruze told...

DraftKings (DKNG) closed at $25.26 in the latest trading session, marking a -2.09% move from the prior day.