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The Latest Breaking News from DKNG

DraftKings Misses Revenue as CEO Says Prediction Market Rivals Are 'Spinning Narratives' Ahead of NFL Season

DraftKings (NASDAQ:DKNG) missed second-quarter revenue expectations Thursday, but Wall Street quickly moved past the miss to a bigger question: whether prediction markets are becoming the company’s next major growth engine.

Benzinga

DraftKings Earnings Prediction Market Preview: Traders Bet Robins Won't Say 'Kalshi'

DraftKings Inc. (NASDAQ:DKNG) reports second-quarter earnings after the bell today, with the call scheduled for Friday morning.

Benzinga

Michael Burry Bullish on Sportbooks, Goes Long DraftKings, Flutter

Michael Burry said on Wednesday that he is leaning into sports betting, adding long positions in DraftKings Inc. (NASDAQ:DKNG) and Flutter Entertainment plc (NYSE:FLUT), while cautioning against fast-growing prediction markets.

Benzinga

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DKNG Stock Alert: What to Know as DraftKings Launches Predictions Market

DraftKings stock rallies on the launch of the prediction markets exchange. Here’s what DKeX launch really means for DKNG shares.

Barchart

DraftKings Stock Soars as Predictions Volume Explodes. DKNG’s Next Growth Engine Might Just Be Getting Started.

DraftKings' underlying business continues to show strength. Moreover, the emerging Predictions platform could help accelerate growth.

Barchart

DraftKings (DKNG) Stock Soars on Prediction Markets Optimism

DraftKings shares rally on accelerating momentum in its Prediction Markets business. Morgan Stanley recommends buying DKNG stock at current levels.

Barchart

Wall Street's 6 Top World Cup Stock Picks

The World Cup kicks off this month and could give the global economy a $40 billion jolt. These are some of the stocks analysts think could benefit.

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DraftKings Eyes Prediction Markets as ‘Next Evolution’ as Sportsbook Growth Holds Strong

DraftKings (NASDAQ:DKNG) is positioning prediction markets as a major growth opportunity while maintaining that its core online sports betting and iGaming businesses remain strong, according to comments made during a fireside discussion hosted by MoffettNathanson analyst Robert Fishman. The DraftKi

MarketBeat

This Analyst Just Cut Their Rating on DraftKings Stock. Here's Why.

MoffettNathanson downgraded DraftKings shares to neutral. Here’s what made analysts turn dovish on DKNG stock.

Barchart

DraftKings Stock Is Challenging Its 20-Day Moving Average as Lawmakers Push to Limit Prediction Markets. Should You Chase the Rally Here?

DraftKings shares gain as U.S. lawmakers introduce a bipartisan bill to ban sports betting on prediction markets. Here’s why that warrants buying DKNG stock.

Barchart

Cathie Wood Bets $19 Million on 5 Beaten-Down Stocks

Cathie Woods’s ARK Invest deploys $19 million across five growth stocks in this uncertain market.

Barchart

DraftKings Insiders Are Buying Stock. Should You Buy the Dip in DKNG Too?

A director recently bought 100,000 shares of DraftKings stock.

Barchart

DraftKings Stock Is Oversold on Earnings Plunge. Should You Buy the Dip?

DraftKings shares crumbled as the company posted a record Q4 but issued tepid guidance for the full year. But Jefferies sees the post-earnings pullback as an opportunity to load up on DKNG stock.

Barchart

The Super Bowl Is Over, And Cathie Woods Is Ditching This Key Sports Betting Stock

Cathie Wood is dumping DKNG stock. Which online betting stock should investors pounce on?

Barchart

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MarketBeat

DraftKings Launches Prediction Markets: Analysts Eye 30% Upside

DraftKings just officially threw its hat in the prediction markets arena. Despite competition, the benefits could be big for the stock in 2026.

Barchart

Cathie Wood Is Selling DraftKings Stock. Should You?

Cathie Wood trimmed DraftKings, but the move looks more like portfolio rebalancing than a verdict on the company’s long-term growth.

Barchart

DraftKings Just Launched Its Prediction Market App. Should You Make a Bet on DKNG Stock Here?

With experts anticipating prediction markets to take off, DraftKings just launched its app in 38 states.

Barchart

Mizuho Is Pounding the Table on DraftKings Stock Here. Should You Buy DKNG?

DraftKings remains a volatile but high‑conviction Mizuho Top Pick, with management guiding to mid‑20s revenue growth, a sharp swing to positive EPS in 2025, and Street targets implying roughly 27% upside as it expands into prediction markets, new states, and deeper media integrations.

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Benzinga

DraftKings, Flutter Sell-Off 'Overdone': Analyst Says Prediction Markets Provide $5 Billion Opportunity

The rise of prediction markets has sent DraftKings Inc (NASDAQ:DKNG) and Flutter Entertainment PLC (NYSE:FLUT) shares lower. While some investors and analysts see prediction markets as a major competitor, an analyst said the selloff is overdone and both companies have a $5 billion opportunity of their own in the market.

Fortune

5 stocks to buy—and 5 to avoid—if 2026 brings a downturn

Plus the outlook for Bitcoin, gold, and the IPO market in the year ahead.

Benzinga

DraftKings Q3 Preview: Record NFL Betting Expected, Will Prediction Markets Hurt Results, Guidance?

Sports betting company DraftKings Inc (NASDAQ:DKNG) could provide more details on how it is competing against prediction markets and its recent acquisition in the space when the company report third-quarter financial results Thursday after market close.

Benzinga

DraftKings Hits A Death Cross Ahead Of Q3 Earnings — Handing Ken Griffin A 25% Loss

DraftKings Inc (NASDAQ:DKNG) just hit a Death Cross — and its billionaire backers are feeling the chill.

MarketBeat

Prediction Markets Are Coming: Can DraftKings & FanDuel Survive?

Prediction markets are growing exponentially in the U.S., and sports books are feeling the pain. Can traditional betting platforms survive this new competition?

Benzinga

DraftKings, Flutter Stocks Downgraded On Prediction Market Risk: 'Relentless Headwinds'

Bank of America Securities analyst Shaun C. Kelley downgraded both DraftKings Inc (NASDAQ:DKNG) and Flutter Entertainment (NYSE:FLUT) ahead of their upcoming earnings reports, citing mounting challenges in the sports betting sector.

Benzinga

Cathie Wood Just Dumped More Palantir Shares Despite 'Holy Grail' AI Deal — Here's What Ark Bought Instead

Cathie Wood-led Ark Invest made significant trades on Tuesday, focusing on companies like DraftKings Inc. (NASDAQ:DKNG), Palantir Technologies Inc. (NASDAQ:PLTR), and Shopify Inc. (NASDAQ:SHOP).

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