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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   


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DraftKings jumps 17% as Morgan Stanley says investors should buy into a leader in the rapidly growing US betting market

DraftKings is among the leading players in the US betting market, and its growth potential is "too …

Carla Mozée   


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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   


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Cathie Wood's Ark ETFs bought the dip in DraftKings after a short-seller report sent shares tanking

Two of Cathie Wood's ETFs bought a combined 870,299 shares of DraftKings worth some $42.2 million a…

Will Daniel   


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Hindenburg Research reveals DraftKings short position, says company is hiding black market operations

The short seller says up to 50% of DraftKing's SPAC partner SBTech's revenue comes from markets whe…

Will Daniel   


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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   


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DraftKings leaps 9% after Gov. Cuomo announces plan to authorize mobile sports betting in New York

New York stands to become the most populous state yet to embrace online sports betting, opening up …

Ben Winck   


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DraftKings and FanDuel are set to be the big Super Bowl winners amid record betting activity fueled by Taylor Swift

"Sports books are leaning in and offering Taylor Swift themed prop bets, mostly related to Travis K…

Filip De Mott   


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DraftKings climbs 10% as Cathie Wood's ARK Invest loads up on shares

Cathie Wood's ARK Invest Next Generation Internet ETF currently holds over 600,000 shares of DraftK…

Will Daniel   


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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   


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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   


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DraftKings climbs 5% after inking official sports-betting partnership with the NFL

The agreement will allow DraftKings to integrate its sports-betting content directly into licensed …

Carla Mozée   


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DraftKings surges 12% after Michael Jordan takes equity stake and special adviser role

The six-time NBA champion will advise DraftKings on topics including strategy, development, diversi…

Ben Winck   


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Sports betting platform DraftKings plunges 13% after COVID outbreak halts MLB games

Major League Baseball canceled two Monday games after four members of the Miami Marlins tested posi…

Ben Winck   


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DraftKings sinks 12% after short-seller report claims online sports betting company is hiding illegal activity

"This report is written by someone who is short on DraftKings stock with an incentive to drive down…

Ethan Wu   


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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   


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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   


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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   


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The CEO of DraftKings says he's looked into adding crypto as a form of payment, but regulations are preventing it

"As of now, crypto is not an approved payment type in any of the states where we're live," Robins s…

Isabelle Lee   


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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