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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   


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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   


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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   


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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   


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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   


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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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'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   


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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   


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Disney just hiked streaming prices by almost 30% and Wall Street is thrilled

More than $5 billion in cost savings should position Disney to reinstate its dividend by the end of…

Matthew Fox   


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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   


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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   


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Dow tumbles 200 points after President Trump tests positive for COVID-19

The diagnosis adds more uncertainties to the final month of a presidential race already expected to…

Ben Winck   


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Chicken producer stocks fall on DOJ price-fixing indictments, while food distributor stocks pop

The DOJ originally opened its criminal investigation into alleged chicken price fixing at Pilgrim's…

Matthew Fox   


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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   


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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   


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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…

Amy Fontinelle   


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US stocks slide in tech-driven sell-off as Trump's positive COVID-19 test spurs volatile trading

Traders also weighed weakening economic data. US businesses added 661,000 nonfarm payrolls last mon…

Ben Winck   


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Advertisers panic over privacy, a new ad agency emerges, and Mark Penn looks for savings at MDC

Tech companies like Samsung are moving into the advertising business, using data to target people -…

Lucia Moses   


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The stock market's fear gauge surges 12% after President Trump tests positive for COVID-19

The volatility spike comes after strategists repeatedly warned of heightened uncertainties in the w…

Ben Winck   


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Barstool Sports founder switches from gambling to day trading during Coronavirus — and he's down $647,000

Barstool Sports founder Dave Portnoy loses about $647,000 after becoming a day trader to substitute…

Graham Flanagan