Bear Cave Sees 'More Problems' Ahead For DraftKings As Prediction Market Volumes Continue To 'Explode' - DraftKings ( NASDAQ:DKNG )
Shares of DraftKings Inc ( NASDAQ:DKNG ) are in the spotlight on Thursday after research firm The Bear Cave published a new report detailing a growing competitive threat from prediction markets. Here's what investors need to know.
Cathie Wood Bets Big On Chinese AI: Ark Buys Alibaba And Baidu In Back-to-Back Days, Dumps Shopify Despite Recent OpenAI Rally - Alibaba Gr Hldgs ( NYSE:BABA )
On Wednesday, Cathie Wood-led Ark Invest executed significant trades involving major companies like Alibaba Group Holding Ltd ( NYSE:BABA ) , Shopify Inc ( NASDAQ:SHOP ) , Baidu Inc ( NASDAQ:BIDU ) , and Brera Holdings PLC ( NASDAQ:BREA ) .
Why DraftKings Plunged Today
A combination of competitive concerns and bad economic data sent this leading sports betting site downward.
DraftKings Stock Sinks Despite Major NBCUniversal Sports Advertising Partnership - DraftKings ( NASDAQ:DKNG )
DraftKings Inc. ( NASDAQ:DKNG ) announced Monday a multi-year advertising agreement with NBCUniversal, giving the sports betting company exclusive sponsorships and integrations across the network's sports coverage.
Smart Money Is Betting Big In DKNG Options - DraftKings ( NASDAQ:DKNG )
Investors with a lot of money to spend have taken a bearish stance on DraftKings ( NASDAQ:DKNG ) . We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know.
DraftKings Inc. ( DKNG ) is Attracting Investor Attention: Here is What You Should Know
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.
Morgan Stanley And SoFi Join $104M ZeroHash Funding Round That Creates New $1B Crypto Infrastructure Unicorn In 2025 - Apollo Asset Management ( NYSE:APO ) , BlackRock ( NYSE:BLK )
Cryptocurrency infrastructure startup ZeroHash just achieved unicorn status by securing $104 million in Series D-2 financing that values the company at $1 billion.
Ryder Cup 2025 Tees Off With $200 Million Boost: Stocks To Watch - DraftKings ( NASDAQ:DKNG )
The 2025 Ryder Cup teed off at Bethpage State Park on Long Island Friday, drawing over 250,000 fans and expected to deliver a $200 million economic boost to New York State and surrounding businesses. DKNG stock was down this week. See the details here.
DraftKings ( DKNG ) Stock Declines While Market Improves: Some Information for Investors
DraftKings (DKNG) concluded the recent trading session at $42.32, signifying a -1.4% move from its prior day's close.
Is DraftKings ( DKNG ) a Buy as Wall Street Analysts Look Optimistic?
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?
Another Sports Betting Powerhouse Is Getting Into Prediction Markets
PrizePicks gets green light for prediction markets as sports betting giants rush into the booming billion-dollar sector.
Can RBLX's Discovery Engine Power the Next Engagement Wave?
Roblox touts its discovery engine as the force behind surging user growth, deeper engagement and new monetization opportunities.
Is Robinhood Becoming a Betting Stock?
Many investors know Robinhood one way, but there's more to the story.
DraftKings ( DKNG ) Rises Higher Than Market: Key Facts
In the latest trading session, DraftKings (DKNG) closed at $43.3, marking a +1.55% move from the previous day.
Kalshi Prediction Markets Are Pulling In $1 Billion Monthly as State Regulators Loom
Kalshi is rocketing up the prediction market volume charts as four states sue the company, claiming its sports contracts are unlicensed gambling.
DraftKings ( DKNG ) Stock Pressured By Bear Cave Report On Growing Prediction Market Threat - DraftKings ( NASDAQ:DKNG )
Shares of DraftKings are trading off session highs Thursday. The stock is volatile following a new report from The Bear Cave highlighting a growing competitive threat from prediction markets. Want to trade this news? Get access to the 35-0 income strategy that loves volatility →
3 Gaming Stocks to Add to Your Portfolio on Promising Industry Trends
Robust online betting demand bodes well for the Gaming industry. Stocks like BYD, RRR and MLCO benefit from improving industry trends.
Zacks Investment Ideas feature highlights: DraftKings
DraftKings posts record revenue, net income, and EBITDA as football season fuels growth and customer momentum.
OUTKICK SEES MULIPLATFORM MINUTES INCREASE IN AUGUST 2025
NEW YORK, Sept. 16, 2025 /PRNewswire/ -- National multimedia sports platform OutKick finished August 2025 with month over month and year over year growth in total multiplatform minutes. The platform delivered 26 million total multiplatform minutes, up 22% versus the prior month and up 13% versus ...
Football Season Could Massively Benefit This Stock
With a fair chunk of the population now glued to TV screens on weekend afternoons, gaming titan DraftKings is looking to hit its stride, with the company regularly seeing surges in gaming and fantasy-related operations throughout the period.
DraftKings Inc. ( DKNG ) Is a Trending Stock: Facts to Know Before Betting on It
DraftKings (DKNG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Kalshi 'ready to defend' prediction markets amid Massachusetts lawsuit
In comments to Cointelegraph, Kalshi claimed that Massachusetts is "trying to block Kashi's innovations by relying on outdated laws." ...
DraftKings ( DKNG ) Sees a More Significant Dip Than Broader Market: Some Facts to Know
DraftKings (DKNG) closed at $43.98 in the latest trading session, marking a -4.12% move from the prior day.
Massachusetts sues Kalshi alleging illegal sports gambling
Massachusetts argues Kalshi is making more money on sports wagers than legal, licensed sportsbooks.
Brokers Suggest Investing in DraftKings ( DKNG ) : Read This Before Placing a Bet
The average brokerage recommendation (ABR) for DraftKings (DKNG) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
What's Going On With DraftKings Stock Monday? - DraftKings ( NASDAQ:DKNG )
Sportsbooks saw mixed NFL week 1 results as few overs hit, but college football boosted handle and revenue growth. DraftKings led promos with $300 bonus bets, while Underdog launched prediction markets in 16 states without sports betting. Get the strategy to turn September's volatility into 10x ...
What's Going On With DraftKings Stock?
The online gaming operator is expanding into new states.
3 No-Brainer Growth Stocks to Buy With $100 Right Now
Not every growth stock has soared to sky-high prices.
Massive Powerball jackpot means big boost for DraftKings
Powerball's $1.7 billion jackpot is fueling triple-digit growth in ticket sales on DraftKings' Jackpocket.
Myriad Moves: Markets Flip Bearish on Bitcoin, and Can the Cowboys Upset the Eagles?
Myriad traders are losing faith in Bitcoin as Red September arrives. They're bullish on Solana, however, and placing predictions on NFL games.
12 Stocks For 2025 NFL Season With $30 Billion Expected To Be Bet, $8 Million Super Bowl LX Ads - Ares Management ( NYSE:ARES ) , Amazon.com ( NASDAQ:AMZN )
The 2025 NFL season begins on Sept. 4, 2025. A look at 12 publicly traded companies that could benefit from this year's NFL season. Post-Labor Day Trading Could Trigger Major Market Moves. Here's How to Trade It
DenTek® Unleashes "Fantasy Guards" Campaign: Crush Fantasy Football Stress with Nighttime Dental Guards and Win an Epic NFL Star-Backed Punishment
New Promotion Offers a Chance for Fantasy Leagues to Crown Their Lowest Scoring Player with the Ultimate Fantasy Punishment, Featuring NFL Favorites Tiki Barber, LeRoy Butler, Austin Ekeler, Dwight Freeney, and Ted Ginn Jr.
The Ultimate Growth Stock to Buy With $1,000 Right Now
When looking for growth stocks, you have to find growing industries. I think sports betting is one of those industries.
3 Best Stocks to Buy in September
While everyone else panics about September's terrible track record, smart investors are shopping for bargains in AI infrastructure, sports betting, and healthcare.
DraftKings Announces Jason Robins' Participation in Upcoming Event
BOSTON, Sept. 02, 2025 ( GLOBE NEWSWIRE ) -- DraftKings Inc. ( Nasdaq: DKNG ) ( "DraftKings" or the "Company" ) today announced that Jason Robins, the Company's Chief Executive Officer and Co-founder, will participate in the following event: ...
DraftKings Announces Jason Robins' Participation in Upcoming Event - DraftKings ( NASDAQ:DKNG )
BOSTON, Sept. 02, 2025 ( GLOBE NEWSWIRE ) -- DraftKings Inc. DKNG ( "DraftKings" or the "Company" ) today announced that Jason Robins, the Company's Chief Executive Officer and Co-founder, will participate in the following event: The BofA Securities 2025 Gaming and Lodging Conference.
DraftKings Inc. ( DKNG ) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to DraftKings (DKNG). This makes it worthwhile to examine what the stock has in store.
Crypto.com and Underdog partner to offer sports prediction markets
Underdog will partner with Crypto.com to offer sports prediction markets in 16 states, the first tie-up involving an online sports gaming operator.
Inaugural Essence HBCU Classic football game to kick off Saturday in Boston
The inaugural match-up is between with the Morehouse College Maroon Tigers and the Johnson C. Smith University Golden Bulls at Harvard Stadium on Saturday.
Myriad Moves: Will Dogecoin Pump or Dump? And How Big Will SharpLink's Ethereum Treasury Get?
Top markets on Myriad this week include predictions on Dogecoin's price, SharpLink's Ethereum holdings, and the U.S. Open winner.
Cathie Wood Ditches DraftKings Stock Ahead Of NFL Season, Turns To Prediction Markets: 'Could Reshape The Way' - DraftKings ( NASDAQ:DKNG )
Ark Invest has been selling shares of DraftKings throughout August. The Cathie Wood-led ETF company is bullish on prediction markets. Join Benzinga Real-Time Trading Chat Room for 60% Off This Labor Day
World Jai-Alai League Launches Fall 2025 Season, Marks Final Chapter at Magic City Fronton
MIAMI, Aug. 28, 2025 /PRNewswire/ -- The World Jai-Alai League ( WJAL ) returns Tuesday, Sept. 9 with the start of its Battle Court Fall 2025 season - a 12-week sprint of high-speed action and the final season at the Magic City Fronton, the venue where the league's innovative approach sparked a ...
Cathie Wood's Raises Wager On Ethereum-Hoarding Bitmine: Ark Buys Stock Of Tom Lee-Backed Company, Dumps Shares Of Sports Betting Giant - Grayscale Bitcoin Mini Trust ( BTC ) Common units of fractional undivided beneficial interest ( ARCA:BTC )
Ark Invest, led by Cathie Wood, executed significant trades on Wednesday, focusing on Bitmine Immersion Technologies Inc. BMNR and DraftKings Inc. DKNG.
DraftKings Launches Responsible Gaming Education Month Campaign Featuring Super Bowl Tickets Sweepstakes - DraftKings ( NASDAQ:DKNG )
BOSTON, Aug. 26, 2025 ( GLOBE NEWSWIRE ) -- DraftKings Inc. DKNG is marking Responsible Gaming Education Month ( RGEM ) with a monthlong campaign designed to promote responsible play.
DraftKings Launches Responsible Gaming Education Month Campaign Featuring Super Bowl Tickets Sweepstakes
Monthlong initiative rewards customers who engage with responsible gaming tools, including the new "My Budget Builder" Monthlong initiative rewards customers who engage with responsible gaming tools, including the new "My Budget Builder" ...
Robinhood Snubbed By S&P 500 Again, But Cathie Wood's Ark Invest Sees Big Upside In Sports-Finance Convergence - Robinhood Markets ( NASDAQ:HOOD )
Shares of Robinhood Markets Inc. HOOD have stumbled, falling over 7% in the last five trading sessions, as it didn't make it into the S&P 500 index again; however, a bullish outlook from Cathie Wood's Ark Invest sees the company poised to disrupt the multi-billion-dollar sports betting industry.
Decoding DraftKings's Options Activity: What's the Big Picture? - DraftKings ( NASDAQ:DKNG )
Investors with a lot of money to spend have taken a bullish stance on DraftKings DKNG. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know.
Vertiv, Palo Alto Networks, DraftKings On CNBC's 'Final Trades' - Citigroup ( NYSE:C ) , CyberArk Software ( NASDAQ:CYBR )
Jason Snipe likes Palo Alto's acquisition of CyberArk Software. Jim Lebenthal picks Citigroup as his final trade. See the seasonal trading strategy that's beating the S&P 500 by 6X this year. Details here →
DraftKings Inc. ( DKNG ) Is a Trending Stock: Facts to Know Before Betting on It
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.
Can Roblox's Creator Economy Unlock Its Next Phase of Monetization?
RBLX ramps up creator payouts, new reward structures and ad partnerships to fuel its next monetization phase.
