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NASDAQ:DKNG News 16 January 2026 - 17 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…
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.…

Stock Market Today

  • Anteris Technologies Global's Market Cap Soars AU$609m; Individual Investors Lead Gains
    January 23, 2026, 4:29 PM EST. Anteris Technologies Global Corp (ASX:AVR) saw its market capitalization rise by AU$609 million last week, with individual investors holding approximately 25% of shares benefiting the most. Institutions owned 17%, reflecting some professional confidence, led by L1 Capital Pty. Limited at 20%, BlackRock at 4.9%, and Sio Capital Management at 4.3%. Despite institutional involvement, the company's ownership is dispersed, with no single majority shareholder. This breadth of shareholder distribution indicates individual investors collectively hold significant influence over company strategy. Analysts remain active on ASX:AVR, suggesting continued market interest and the potential for stock volatility depending on institutional sentiment and earnings performance.
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