You Searched For "draftkings earnings" and got 20 results
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2 mins read
Stock market today: Tech rally leads stocks higher as oil prices plunge and earnings kick off
The market rebounded from Monday's losing session as oil prices plunged 4% and tech stocks gained g…
Filip De Mott
1 min read
DraftKings climbs 7% after beating earnings estimates and boosting full-year sales forecast
The company posted quarterly revenue of $298 million, topping Wall Street's estimates, and revised …
Isabelle Lee
1 min read
Tilman Fertitta-backed Golden Nugget spikes 55% after DraftKings agrees to buy it for $1.56 billion
The deal, which involves two online-gaming giants, is expected to close in early 2022.
Isabelle Lee
1 min read
DraftKings jumps 8% as sports-betting company forecasts $1 billion in revenue for 2021
DraftKings gained after reporting a 44% increase in monthly unique players and upgrading its revenu…
Emily Graffeo
1 min read
DraftKings extends gains after raising profit target at latest investor day
DraftKings stock rose for a second day, aided by its increased outlook for long-term adjusted EBITD…
Carla Mozée
2 mins read
DraftKings soars 10% after beating earnings estimates and passing 1 million monthly payers
The sports-betting platform also lifted its 2020 and 2021 revenue estimates, hinging the improved f…
Ben Winck
2 mins read
Popular sports-betting stock DraftKings slumps 10% after reporting a larger loss than expected
DraftKings said in a second quarter earnings release that it does not expect any long-term impact d…
Carmen Reinicke
1 min read
Legendary short-seller Jim Chanos reveals he is betting against DraftKings and DoorDash
For DoorDash, it's the lack of profit that caught Chanos' attention. For DraftKings, it's the high …
Natasha Dailey
1 min read
DraftKings soars 10% amid exclusive New York Giants deal, and with Big 10 football set to resume
The jump notched another record intraday high for the sports betting company, which has gained roug…
Emily Graffeo
3 mins read
US stocks climb as investors await policy guidance from the Fed
Investors also mulled August retail-sales data. Spending grew by just 0.6%, missing economists' est…
Ben Winck
2 mins read
Dow climbs 350 points on strong earnings and stimulus hopes
Stocks climbed on Friday as investors reacted to strong earnings reports and pinned hopes on furthe…
Matthew Fox
3 mins read
DraftKings CEO explains why daily fantasy sports are not a form of gambling
However, the sheer semantics of the phrase "game of skill" seems to allow for an argument that poke…
Emmett Knowlton
1 min read
Hear DraftKings CEO Jason Robins talk about the future of sports at IGNITION 2015
Nicknamed "the Super Bowl of startups," DraftKings reportedly sees over 50,000 active daily us…
Yasir Salem
3 mins read
The 'King of Instagram' says DraftKings is paying him $250,000 to throw a 3-day party in Cabo
Underneath an Instagram picture of Bilzerian surrounded by models, he wrote: "So I guess Draft King…
Maya Kosoff
3 mins read
Sports betting is the next frontier for Wall Street's smartest quants to conquer
Trading giant Susquehanna and other quants are diving into sports betting — making it harder for th…
Bradley Saacks
5 mins read
US economy's fate hangs on jobs report as Fed decides how deep cuts will go
Data on unemployment may influence how deep the Fed cuts interest rates as the US economy is at a t…
Dan DeFrancesco
6 mins read
Turns out sports gambling was a gateway drug
Sports gambling companies like DraftKings and FanDuel are expanding way beyond football and basketb…
Emily Stewart
2 mins read
Short seller Jim Chanos says Americans are so bad at gambling that he's now bullish on the industry
Jim Chanos' bet against DraftKings underestimated "what bad bettors the US gamblers are," he told t…
Filip De Mott
2 mins read
Morgan Stanley's CIO sticks by his forecast for a 13% S&P 500 sell-off, says FOMO-driven investors make records unsustainable
"We're going to be very selective and that's why we think you have to be a stock picker here, you c…
Matthew Fox
2 mins read
Stock market today: US futures rise as investors shrug off inflation and recession fears
US stock futures climbed on Thursday as Wall Street brushed off stubborn inflation and the news tha…