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NASDAQ:DKNG News 25 October 2025 - 31 January 2026

DraftKings stock sinks 8% on New York betting revenue slump as prediction markets steal the spotlight

DraftKings stock sinks 8% on New York betting revenue slump as prediction markets steal the spotlight

NEW YORK, Jan 17, 2026, 05:18 EST — Market closed. DraftKings Inc shares ended Friday roughly 8% lower, closing at $32.62. It capped a turbulent week for online betting stocks as the NFL playoffs approach and investors brace for a long weekend. New York, a major U.S. mobile sports wagering hub, saw weekly “gross gaming revenue” drop to $37.3 million for the week ending Jan. 11, down from $62.0 million the previous year. Meanwhile, “handle” — the total wagers placed — edged down about 2% to $549.6 million. The state levies a 51% tax on mobile sports wagering GGR, with
Kalshi’s $100 Million “Combos” Ignite a Parlay Race With Polymarket in U.S. Sports Betting

Kalshi’s $100 Million “Combos” Ignite a Parlay Race With Polymarket in U.S. Sports Betting

New York, January 16, 2026, 08:34 EST Kalshi revealed its new “Combos” product for multi-leg sports bets hit over $100 million in trading volume in just one week—a rare peek into the rapid growth of prediction markets in sports. Parlays, which pay out only if every leg wins, made up 63% of New Jersey’s online sports betting revenue through October. Both Kalshi and competitor Polymarket are racing to roll out similar offerings. Polymarket has dangled a $50 bonus for its first multi-leg bet launch. Meanwhile, DraftKings and Flutter’s FanDuel have launched prediction products in states where online sports betting remains
DraftKings stock rises premarket as Maine clears path for online casino gamblingNew York,

DraftKings stock rises premarket as Maine clears path for online casino gamblingNew York,

January 9, 2026, 07:33 EST — Premarket DraftKings Inc (DKNG) shares were up about 2.6% in premarket trading on Friday after Maine Governor Janet Mills said she will allow a bill letting tribal nations run online gambling to become law. The stock was changing hands around $36.92. (Public) Investors have been hunting for new states to greenlight legal online casinos — iGaming, or real-money casino games played online — a business that can throw off steadier revenue than sports betting. DraftKings closed up 3.8% at $35.98 on Thursday, though the stock remains roughly a third below its 52-week high. (MarketWatch)
Bet365 bonus code push: $365 Missouri offer and $150 NFL Week 18 deal highlight costly U.S. expansion

Bet365 bonus code push: $365 Missouri offer and $150 NFL Week 18 deal highlight costly U.S. expansion

New York, January 5, 2026, 08:49 (EST) Bet365 is offering a $365 sign-up bonus to new customers in Missouri ahead of the NFL’s Week 18 slate, stepping up promotions as it pushes deeper into the United States. The offer pays out in “bonus bets” — free wagers credited to a customer’s account — after a first $10 bet, CBS Sports reported. Cbssports The timing matters because Week 18 is one of the busiest weekends on the U.S. sports betting calendar, with playoff berths and seeding still in play. Sportsbooks often use bonuses to pull in first-time bettors quickly, even if
Prediction Markets Go Mainstream in 2025: DraftKings Launches Predictions App, Coinbase Sues States, and Polymarket’s POLY Token Buzz Builds

Prediction Markets Go Mainstream in 2025: DraftKings Launches Predictions App, Coinbase Sues States, and Polymarket’s POLY Token Buzz Builds

December 20, 2025 — A product launch from DraftKings, fresh lawsuits from Coinbase, and renewed momentum around Polymarket are turning prediction markets into one of the fastest-moving stories in fintech and crypto right now. What used to be a niche corner of “event contracts” is rapidly becoming a mainstream battleground—pulling in sportsbooks, trading platforms, regulators, and even major media brands. At the center of this shift is a simple idea with outsized implications: turning real-world uncertainty—elections, wars, interest-rate moves, sports outcomes—into tradable prices that update in real time. Supporters argue these markets can aggregate information more effectively than polls or
Prediction Markets Surge on Dec. 19, 2025: Robinhood’s NFL “Combos,” DraftKings’ New Predictions App, Coinbase Lawsuits, and Polymarket’s Latest Turbulence

Prediction Markets Surge on Dec. 19, 2025: Robinhood’s NFL “Combos,” DraftKings’ New Predictions App, Coinbase Lawsuits, and Polymarket’s Latest Turbulence

On Friday, December 19, 2025, the fast-growing world of prediction markets—often framed as “event trading” and sometimes criticized as a backdoor to sports betting—delivered a cluster of developments that show just how quickly the category is moving from crypto niche to mainstream financial battleground. In just 24 hours, headlines ranged from DraftKings launching a standalone prediction-market product, to Coinbase suing three U.S. states over who gets to regulate event contracts, to Polymarket restoring services after a Polygon-related disruption, all while trading apps like Robinhood keep expanding sports-style contracts that look increasingly similar to parlays—only packaged as exchange-traded “yes/no” instruments. Sports
DraftKings Bets Big: Railbird Acquisition and NBC Deal Ignite Investor Frenzy

DraftKings Bets Big: Railbird Acquisition and NBC Deal Ignite Investor Frenzy

Record Revenue, Rising Margins Drive Optimism In early August, DraftKings reported blowout Q2 results – revenue of $1.51 billion (up 37% YoY) and adjusted EBITDA of $301 million, more than double the prior recordinvesting.com. Management noted strong sportsbook hold and growth in monthly active users. CEO Jason Robins said, “We set records for revenue, net income and Adjusted EBITDA in the second quarter”investing.com. The company reaffirmed its full-year outlook, expecting to hit the high end of $6.2–6.4B revenue and roughly $850M EBITDAinvesting.com. The upbeat results lifted DraftKings shares (they rose ~4% immediately after releaseinvesting.com) and helped narrow the gap with archrival FanDuel

Stock Market Today

Macquarie Group share price slips 2% after APRA eases liquidity curbs — what to watch next week

Macquarie Group share price slips 2% after APRA eases liquidity curbs — what to watch next week

7 February 2026
Macquarie Group shares fell 2.17% to A$207.83 Friday, marking a third straight decline as the ASX 200 slid 2%. Australia’s regulator trimmed liquidity requirements for Macquarie Bank after improvements in controls. Macquarie Asset Management announced two UK utility deals, including full ownership of Last Mile Infrastructure and the purchase of Energy Assets Group. Investors await Tuesday’s operational briefing.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 1:03 AM EST Crude Oil Prices Rise on Dollar Weakness, Geopolitical Tensions February 7, 2026, 12:52 AM EST. Crude oil prices edged higher on Friday, supported by a weaker U.S. dollar and escalating geopolitical risks in the Middle East. March WTI crude gained 0.41%, rebounding from early losses, while gasoline prices rose 1.38%. Doubts over a U.S.-Iran nuclear deal loom after reports of Iran's refusal to halt uranium enrichment, raising the risk of military action and potential disruption of vital shipping routes. Additionally, a surge in U.S. consumer
Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
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