54.19 F
New York
April 15, 2021

Draftkings Inc

Fox files lawsuit against Flutter over FanDuel ownership stake as IPO looms

CNBC
CNBC – For more and to sign up click here FanDuel mobile app Source: FanDuel Fox has filed a confidential lawsuit against Flutter, the U.K.-based majority owner of FanDuel, to secure its option to buy into FanDuel Group at the same price Flutter paid in December — a much lower......

Stocks making the biggest moves in the premarket: AstraZeneca, Kansas City Southern, Tesla & more

CNBC
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: AstraZeneca (AZN) – The drugmaker said a U.S. study showed its Covid-19 vaccine had 79% efficacy in preventing symptomatic illness, 100% effectiveness against critical disease and hospitalization, and......

With media deals complete, NFL eyes over $100 million per year for its data rights

CNBC
CNBC – For more and to sign up click here New York Giants wide receiver Sterling Shepard (87) catches a pass in front of Pittsburgh Steelers strong safety Terrell Edmunds (34) and linebacker Devin Bush (55) during the first half at MetLife Stadium. Vincent Carchietta | USA TODAY Sports About......

Stocks making the biggest moves in the premarket: AstraZeneca, Moderna, Fintech Acquisition & more

CNBC
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: AstraZeneca (AZN) – AstraZeneca’s Covid-19 vaccine will be recommended for people aged 65 and older in Canada, according to a CBC report. That news comes after several European......

Here are all the states that will vote whether to legalize sports betting this year

CNBC
CNBC – For more and to sign up click here 2021 is a crucial year for sports betting sites like DraftKings and FanDuel. Nineteen states will decide whether to legalize sports betting this year, either through voter referendum or state legislature statute. If every state votes yes, that would more......

Sports betting company Flutter considers spinning out FanDuel to boost value

CNBC
CNBC – For more and to sign up click here The DraftKings app and FanDuel website Andrew Harrer | Bloomberg | Getty Images Flutter, the U.K.-based mobile gaming company that owns 95% of FanDuel, is considering spinning out FanDuel as a separately traded company to trade on a U.S. exchange,......

‘Buzz’ ETF tracking social media sentiment launches Thursday amid Reddit manias in stocks

CNBC
CNBC – For more and to sign up click here The logos of Google, Facebook, Instagram, Twitter, Snapchat and TikTok displayed on a computer screen. Denis Charlet | AFP via Getty Images Is it time for an ETF that measures hype? Measuring the buzz around stocks mentioned in social media......

Stocks making the biggest moves midday: Etsy, Virgin Galactic, Foot Locker & more

CNBC
CNBC – For more and to sign up click here Etsy CEO Chad Dickerson and others celebrate their IPO at the Nasdaq exchange, April 16, 2015. Getty Images Check out the companies making headlines in midday trading.  Etsy — Shares of the e-commerce company popped nearly 13% on Friday after......

DraftKings shares rise after reporting a beat on revenue, more growth in paying customers

CNBC
CNBC – For more and to sign up click here New England Patriots cornerback Stephon Gilmore (24) stretches during the New England Patriots practice session in Foxborough, MA on Oct. 22, 2020. Barry Chin | Boston Globe | Getty Images Shares of sports betting company DraftKings jumped as much as......

Stocks making the biggest moves in the premarket: Foot Locker, Beyond Meat, DoorDash & more

CNBC
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Foot Locker (FL) – Foot Locker shares tanked 12.1% in premarket trading after quarterly revenue came in below Street forecasts and comparable-store sales unexpectedly declined. The athletic apparel......

Op-ed: Investors chasing bitcoin and Tesla should have real goals — and shouldn’t forget them

CNBC
CNBC – For more and to sign up click here Westend61 | Westend61 | Getty Images I was about to offend someone, so I decided to write instead. Am I supposed to listen to one of my tennis buddies’ daughters who wants to buy a tiny share of bitcoin because......

Athletes Unlimited signs Gatorade, Hyperice as sponsors and remains bullish on women’s sports leagues

CNBC
CNBC – For more and to sign up click here Haylie McCleney #28 of Team Piancastelli celebrates with her teammates after their win against Team Ocasio during the final weekend of the Athletes Unlimited softball league at Parkway Bank Sports Complex on September 28, 2020 in Rosemont, Illinois. Quinn Harris......

Online gambling is sending sports betting ETFs to record highs

CNBC
CNBC – For more and to sign up click here ETF players are doubling down on the online gambling and sports betting arena in 2021. Betting interest has surged throughout the coronavirus pandemic, and a week after Super Bowl LV, related ETFs are enjoying a record run. Right now, there......

The Super Bowl is losing viewers under 50, reflecting how American media has fragmented

CNBC
CNBC – For more and to sign up click here Kansas City Chiefs’ Patrick Mahomes in action, Super Bowl, Raymond James Stadium, Tampa, Florida, February 7, 2021. Shannon Stapleton | Reuters To understand the big challenge facing American media, look at Super Bowl ratings over the past ten years. This......

Sports gambling sites crash during Super Bowl amid surging demand

CNBC
CNBC – For more and to sign up click here It should’ve been the night to lure new customers onto their platforms. Instead, technical disruptions and crashes left the biggest sports gambling platforms cringing and scrambling to solve unexpected problems. In Nevada, BetMGM’s app crapped out. Ten minutes before kickoff,......

Jim Cramer issues caution about ‘celebrity SPAC plays’

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Thursday gave a critical assessment of the supply of blank-check companies coming to market, likening the quality of the latest batch of SPAC offerings to weaker IPOs trading on stock exchanges. As the craze for SPACs,......

What is a SPAC? Explaining one of Wall Street’s hottest trends

CNBC
CNBC – For more and to sign up click here When former unicorn darling WeWork set out to go public in 2019, its IPO imploded as its business model and co-founder Adam Neumann’s management came under intense scrutiny. Now, the office space leasing start-up is in talks to go public......

Another SPAC ETF hits the market. CEO behind the launch says the fund has ‘edge’ over its rivals

CNBC
CNBC – For more and to sign up click here The ETF industry is embracing SPACs with open arms. The third exchange-traded fund based on special purpose acquisition vehicles launches Tuesday. Created by Morgan Creek Capital Management and Exos Financial, the Morgan Creek-Exos SPAC Originated ETF will trade under the......

Stocks making the biggest moves midday: Roku, Peloton, DraftKings, American Express and more

CNBC
CNBC – For more and to sign up click here John Foley, co-founder and chief executive officer of Peloton Interactive Inc., stands for a photograph during the company’s initial public offering (IPO) in front of the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle |......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More