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NASDAQ:DKNG 25 October 2025 - 27 May 2026

DraftKings stock (DKNG) slides premarket after 2026 forecast misses, prediction markets spend in focus

DraftKings stock (DKNG) slides premarket after 2026 forecast misses, prediction markets spend in focus

DraftKings shares dropped about 15% in premarket trading Friday after its 2026 revenue and profit outlook missed Wall Street estimates. The company cited higher spending on its new federally regulated prediction markets platform. Fourth-quarter revenue rose 43% to $1.989 billion, but the number of monthly unique payers was flat at 4.8 million, below forecasts.
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

Kalshi’s new “Combos” multi-leg sports bet product surpassed $100 million in trading volume in one week. Polymarket is launching similar parlay offerings and offering bonuses to attract users. Analysts say liquidity and regulatory hurdles remain major obstacles for prediction markets. Kalshi is fighting cease-and-desist orders in court as state regulators scrutinize event contracts.
16 January 2026
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

DraftKings launched DraftKings Predictions, a CFTC-regulated app for trading event contracts, now live in 38 states with some restrictions. Coinbase filed lawsuits against Connecticut, Illinois, and Michigan, arguing that prediction markets should be regulated federally, not by state gambling authorities. Polymarket also reported renewed growth.
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

DraftKings launched a standalone prediction-market product Friday, while Coinbase sued three U.S. states over event contract regulation. Polymarket restored services after a Polygon-related outage. Robinhood expanded sports-style contracts, letting users trade preset NFL combinations and real-time player-performance contracts, with plans for custom combos in 2026. CEO Vlad Tenev called this the start of a “prediction market supercycle.”
DraftKings Stock (DKNG) Rebounds on AI Push and Prediction Markets Approval – Is the Rally Just Getting Started?

DraftKings Stock (DKNG) Rebounds on AI Push and Prediction Markets Approval – Is the Rally Just Getting Started?

DraftKings shares closed at about $34.00 on December 5, down 3.4% for the day and roughly 35% below their 52-week high. The stock has rebounded 26% over the past month but remains about 20% lower year-over-year. Market cap stands near $16.9 billion, with a debt-to-equity ratio of 2.5x and a trailing EPS of –$0.57. Recent catalysts include federal approval for a predictions platform and a Missouri mobile betting launch.
6 December 2025
Prediction Markets Boom in 2025: How Kalshi, Polymarket and Big Tech Are Turning “What If?” Into a Business

Prediction Markets Boom in 2025: How Kalshi, Polymarket and Big Tech Are Turning “What If?” Into a Business

On November 16, 2025, CBS Sunday Morning aired a cover story on prediction markets like Kalshi and Polymarket, coinciding with a Financial Times column warning of their political impact. NHL and UFC signed deals with these platforms, while Wall Street firms invested billions. Kalshi reported $4 billion in monthly trading volume by October. New U.S. regulations are reshaping the industry.
DraftKings Earnings Preview Today (Nov. 6, 2025): ESPN Picks DKNG as Official Betting Partner; PENN Misses Q3; Flutter Set for Nov. 12

DraftKings Earnings Preview Today (Nov. 6, 2025): ESPN Picks DKNG as Official Betting Partner; PENN Misses Q3; Flutter Set for Nov. 12

ESPN ended its ESPN BET partnership with PENN Entertainment and signed a multi-year deal naming DraftKings as its official sportsbook and odds provider. PENN reported a third-quarter net loss of $864.6 million on $1.72 billion revenue and will shift focus to iCasino. DraftKings shares rose after the news. DraftKings reports Q3 results after today’s close.
Nasdaq Rally Amid Tech Frenzy: Markets Brush Off Shutdown Fears in Late September 2025

U.S. Stock Market Today (Nov. 6, 2025): Futures Mixed as Jobless Claims & Productivity Loom; Tesla Pay Vote, Airbnb & DraftKings Earnings in Focus

U.S. equity futures edged lower early Thursday as Asian markets rebounded on strong U.S. data, while European shares slipped. Treasury yields rose and the dollar stayed firm. Key U.S. data releases include jobless claims and productivity at 8:30 a.m. ET. Qualcomm, Arm, and Snap moved pre-market on earnings, with several major reports due before and after the bell.
Wall Street Giant’s $2 Billion Bet on Crypto Predictions – Why NYSE’s Owner is Backing Polymarket

NYSE Owner’s $2B Crypto Gamble Propels Polymarket Toward $15B Valuation Frenzy

Intercontinental Exchange will invest up to $2 billion in crypto prediction platform Polymarket, valuing it at $8–10 billion and lifting ICE shares about 4%. Polymarket, fined in 2022 and previously barred from the U.S., secured regulatory approval to relaunch after acquiring a CFTC-licensed exchange. The company is now seeking new funding at a $12–15 billion valuation. Investors and major backers have rushed in as the sector expands.

Stock Market Today

  • SpaceX IPO 2026: Key Facts and Considerations
    June 8, 2026, 6:15 PM EDT. SpaceX, Elon Musk's private aerospace giant, is eyeing an initial public offering (IPO) in 2026. An IPO is when a company offers its shares to the public for the first time. Investors anticipating the SpaceX IPO should note the company's role in satellite technology and space exploration, sectors poised for growth. Market watchers will monitor valuation, timing, and regulatory factors as SpaceX transitions from private funding to public markets. Understanding these elements is crucial for stakeholders considering exposure to aerospace innovation and potential returns.

Latest articles

UBS Puts $850 Target on Cummins as AI Data Center Wave Fuels Shares

UBS Puts $850 Target on Cummins as AI Data Center Wave Fuels Shares

9 June 2026
UBS upgraded Cummins to Buy and hiked its price target to $850 from $565, citing surging data-center backup power demand and a stronger North American truck cycle; Cummins shares jumped 3.3% to $672.68 as UBS projected 2028 EPS of $41.25, topping consensus, and flagged double-digit Power business growth and raised long-term targets as key drivers.
UiPath Stock Slips Near $11 as Wall Street Questions the AI Automation Bounce

UiPath Stock Slips Near $11 as Wall Street Questions the AI Automation Bounce

8 June 2026
UiPath shares dipped 0.7% to $11.17 despite a strong quarter and raised outlook, as investors focused on slow annual recurring revenue growth and analyst caution, with Morgan Stanley cutting its price target and BofA maintaining Underperform, citing the need for clearer evidence that AI-driven automation can accelerate durable contract revenue.
IREN Shares Rally After Bitcoin Rebound and $4.4 Billion AI Data Center Move

IREN Shares Rally After Bitcoin Rebound and $4.4 Billion AI Data Center Move

8 June 2026
IREN surged 9% to $59.19 as investors returned to crypto and AI infrastructure stocks after last week’s selloff, driven by a $3.65 billion investment-grade GPU financing to support its Microsoft AI cloud contract and news of a planned 800MW data-center in Australia, but future gains hinge on execution, contract delivery, and bitcoin price stability.
SmartKem Shares Jump 100% on SRx Investment, SMTK in Focus

SmartKem Shares Jump 100% on SRx Investment, SMTK in Focus

8 June 2026
SmartKem shares soared as much as 150% to $1.135 before settling at $0.84 after SRx Health Solutions disclosed a 4.99% stake and purchase of convertible preferred securities, injecting new investor interest as SmartKem faces a Sept. 1 Nasdaq delisting risk for trading below $1 and warns of “substantial doubt” about its ability to continue as a going concern.
Texxon Trading Halted Six Times as NPT Jumps 284% in New York

Texxon Trading Halted Six Times as NPT Jumps 284% in New York

8 June 2026
Texxon shares soared 283.7% to $4.95, briefly topping $12 before closing just below their $5 IPO price, with trading paused six times for volatility and volume over six times shares outstanding; the company warned that similar IPOs had seen sharp, non-fundamental price swings, highlighting ongoing risk for investors.
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