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2 mins read
Stock market today: US stocks edge lower after best day of the year as volatile week wraps up
"Over the last few days, we have been reminded that risk-off moves happen quickly and can come from…
Matthew Fox
1 min read
PENN Entertainment stock jumps 20% after striking $2 billion sports-betting deal with ESPN
Penn Entertainment will partner will ESPN to launch ESPN Bets, a new US-based sports-betting platfo…
Jennifer Sor
4 mins read
Stagwell's Mark Penn says companies should use AI to connect holistically with consumers
Stagwell's new SmartAssets AI tool was launched at CES 2024. CEO Mark Penn talks about how brands s…
Julia Hood
1 min read
Score Media surges 82% after Penn National Gaming said it will acquire the digital sports media firm for $2 billion
Shares of Score Media and Gaming hit their highest point in over five months while trading volume r…
Emily Graffeo
1 min read
Penn National Gaming hits record high, extending one week gain to 31% ahead of S&P 500 inclusion
The Barstool Sports stakeholder has rallied almost 3,000% since its lows at the onset of the pandem…
Emily Graffeo
3 mins read
Penn National will nosedive 57% as weak fundamentals overshadow 'internet meme' rally, Deutsche Bank says
Few states are interested in passing online gambling legislation, and the company's addressable mar…
Ben Winck
2 mins read
'Portnoy momentum' can drive Penn National 25% higher, Stifel says
Penn National has rallied 165% year-to-date, vastly outperforming the S&P 500's year-to-date return…
Matthew Fox
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
2 mins read
Barstool Sports could drive 'rapid share gains' for Penn National Gaming and help drive the stock 20% higher, according to Goldman Sachs
Penn stands at the crossroads of benefiting from "a rapidly rebounding regional casino space" and a…
Matthew Fox
1 min read
Penn National plummets 20% after weak earnings and allegations against Dave Portnoy
Penn National owns a 36% stake in Barstool Sports, whose founder Dave Portnoy has denied the sexual…
Kelsey Vlamis
3 mins read
The AI boom shakes up stocks, disrupts tech, and could be on the brink of its 'iPhone' moment
Insider's Phil Rosen breaks down the latest in how artificial intelligence impacts financial market…
Phil Rosen
5 mins read
'You' season 3 is coming this year. Here are all of the spooky details we have so far.
From the cast to the estimated release date, here's everything we know about the hit Netflix thrill…
Kirstie Renae
2 mins read
These were the 10 worst-performing stocks in the S&P 500 in 2021
Despite a strong year for markets driven by low interest rates and a growing economy, 70 stocks wit…
Matthew Fox
2 mins read
Billionaire investor Stanley Druckenmiller dumped Facebook parent Meta before its one-day $230 billion wipeout — and took stakes in Snap and Chevron
Druckenmiller's biggest acquisition in the last quarter was a near-$100 million position in oil maj…
Shalini Nagarajan
2 mins read
These are the 10 best-performing stocks since the market bottomed 1 year ago today
The S&P 500 has surged 76% from its March 23 low of 2,237.40, making it the strongest start to a bu…
Matthew Fox
2 mins read
Barstool Sports founder Dave Portnoy released a video backing a new ETF designed to track Reddit-driven social-media buzz
"There is a new ETF launching that I'm a part of, that I'm putting my face behind, my reputation be…
Matthew Fox
1 min read
Stanley Druckenmiller's family office dumped more than $100 million of Netflix stock and boosted cybersecurity investment by more than 400% in the 4th quarter
Securities filings show Druckenmiller's Duquesne Family Office increased its stake in cybersecurity…
Emily Graffeo
1 min read
These 10 companies have reaped the biggest capital gains over the past year - and Biden's tax plan could send them tumbling, Goldman says
"High-momentum 'winners' that had delivered the largest gains to investors ahead of the rate hike h…
Matthew Fox
2 mins read
Dow, S&P 500 close at record highs as stimulus-fueled optimism continues
Stocks gained at the close as investors remained optimistic on economic growth and fresh stimulus c…
Emily Graffeo
6 mins read
Sin stocks are shares in companies whose business can be considered unethical — here's why they're so enticing and the major players
Sin stocks are public companies engaged in activities or industries considered unethical or immoral…