BREAKING: Tesla Deliveries Loom Cathie Wood and her ARK Invest firm on Wednesday purchased more than 500,000 shares of DraftKings stock. The sportsbook operator has carved lower this week on rising concerns about prediction market competition. DraftKings (DKNG) on Wednesday received a double downgrade, but analyst sentiment is mixed. Wood and ARK Invest purchased on Wednesday a total of 511,049 shares of DraftKings stock,… Related news Cathie Wood, UAE Crypto-Soccer Play Scores 225% Gain, Then Dives 9/19/20 ...

We recently published 11 Stocks Failing to Keep up With The Market. DraftKings Inc. (NASDAQ:DKNG) is one of the top performers on Tuesday. DraftKings plummeted by 11.59 percent on Tuesday to end at $37.40 apiece after investors unloaded positions to mitigate risks of Kalshi’s launch of a new product that poses a threat to its business. DraftKings Inc. (NASDAQ:DKNG) fell alongside its counterparts after Kalshi announced on Monday its new “build your own combo” parlay product that would allow users to pair ...

The stock-price sell-off in FanDuel's parent company and DraftKings was too severe, an analyst is arguing on Wednesday. ...

Upgrades - Baird upgraded United Rentals (URI) to Outperform from Neutral with a price target of $1,050, up from $888, indicating stabilization in the rental industry after two years of deceleration [2] - Jefferies upgraded Sunrun (RUN) to Buy from Hold with a price target of $21, up from $11, expecting cash generation to materialize in the second half and strong growth through 2026 as U.S. Third-Party Owners gain market share [3] - HSBC upgraded Autodesk (ADSK) to Buy from Hold with a price target of $343, down from $388, noting Autodesk's potential to monetize artificial intelligence and likely margin expansion [4] - Jefferies upgraded Delta Air Lines (DAL) to Buy from Hold with a price target of $70, up from $62, citing a raised Q3 revenue outlook to 2%-4% from 0%-4% as a sign of confidence in topline growth for Q4 and 2026 [5] - Jefferies upgraded Carvana (CVNA) to Buy from Hold with a price target of $475, up from $385, based on consumer survey results and capacity analysis suggesting continued elevated growth [6] Downgrades - Northland double downgraded DraftKings (DKNG) to Underperform from Outperform with a price target of $33, down from $53, due to increasing headwinds from prediction markets [7] - RBC Capital downgraded GE Vernova (GEV) to Sector Perform from Outperform with a price target of $605, down from $631, as current valuations reflect strong demand and productivity improvements [7] - Evercore ISI downgraded Allstate (ALL) to In Line from Outperform with a price target of $233, up from $230, citing over-earning in auto insurance and limited scope for positive estimate revisions [7] - Goldman Sachs downgraded Doximity (DOCS) to Sell from Neutral with a price target of $64, up from $57, indicating the growth profile does not support the current valuation [7] - Goldman Sachs downgraded LivaNova (LIVN) to Neutral from Buy with a price target of $55, down from $56, due to decelerating sales growth and slowing margin expansion [7]

BOSTON, Oct. 01, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) announced today that the company will once again join with The Larry Fitzgerald Foundation this October for the Pink ‘Em campaign, through its DraftKings S.E.R.V.E.S program. Since launching the Pink ‘Em campaign seven years ago, DraftKings has raised more than $600,000 through free-to-play, pick ‘em pools available for October NFL Sunday games. With a goal of $100,000 this October, DraftKings is supporting breast cancer awareness and ...

智通财经APP获悉，预测平台Kalshi在体育博彩领域掀起波澜。该公司上周六创下了超过2.6亿美元的交 易新纪录，随后在周日以超过2.75亿美元的交易额再次刷新纪录。此前，Kalshi平台的交易纪录是在 2024年选举日创下的2.45亿美元。美股博彩板块应声暴跌。 在每年这个时候，Kalshi就是一个以足球为主题的交易平台，其98%交易量的来自大学和职业足球赛 事，尽管莱德杯、美国职业棒球大联盟比赛以及诸多政治事件正在举行。 Kalshi的迅猛势头引发反响。美股博彩板块周二暴跌，其中，DraftKings(DKNG.US)跌12%，Flutter Entertainment(FLUT.US)跌超10%，Rush Street Interactive(RSI.US)跌近9%，Genius Sports(GENI.US)跌近 8%，Sportradar Group AG(SRAD.US)跌近6%，美高梅(MGM.US)跌超5%。Roundhill Sports Betting & iGaming ETF(BETZ.US) 跌近4%。 不过，德州资本证券分析师David Bain认为，投资者对体育博彩业的担忧被严重 ...

Key Points Privately held Kalshi had record sports-betting volumes this past weekend. The venture-backed betting platform could become an increasing threat to existing sports-betting leaders. Tuesday's consumer sentiment reading also fell flat, harming any stock related to consumer spending. 10 stocks we like better than DraftKings › Shares of sports betting and iGaming giant DraftKings (NASDAQ: DKNG) fell 10.2% on Tuesday as of 12:32 p.m. ET. DraftKings didn't have any company-specific news tod ...

While major indexes are taking a breather today, there are some notable moves from individual equities that have caught options traders' eyes.Wheeling and Dealing CoreWeave Strikes AgainCoreWeave Inc (NASDAQ:CRWV) 12.3% higher to trade at $137.57, after the AI cloud computing company inked a $14 billion infrastructure deal with Meta Platforms (META). Just last week, CoreWeave secured a similar contract with OpenAI for $6.5 billion. CRWV is heading for its highest close since Aug. 12, and is 243% above its M ...

I have been writing about sports betting on and off for the past few years . My work has tended to focus more on the division of the spoils of sports betting than on the execution of theMax Greve is a graduate of Northwestern University with a quadruple major in History, Economics, Political Science, and International Studies. Max is a full-time writer and in addition to stock market trends also writes articles on government, current events, macroeconomic trends, and last but not least, the ongoing ineffici ...

Core Insights - Investors are taking a bearish stance on DraftKings, with significant options activity indicating potential market movements [1][2] - The overall sentiment among large investors is predominantly bearish, with 64% of trades being puts and only 21% being calls [2] - Major market movers are focusing on a price range between $32.5 and $50.0 for DraftKings over the past three months [3] Options Activity - A total of 14 uncommon options trades were identified for DraftKings, with 11 puts amounting to $649,386 and 3 calls totaling $157,388 [2] - The options data indicates a split sentiment, with bearish trades dominating the activity [2] - Specific trades include a bearish put option with a strike price of $42.00 and a total trade price of $144.8K [9] Company Overview - DraftKings began in 2012 as a daily fantasy sports innovator and expanded into online sports and casino gambling after a 2018 Supreme Court ruling [10] - The company operates in 28 states for online or retail sports betting and in five states for iGaming, reaching about 40% of Canada's population [10] - In 2024, the revenue breakdown was 61% from sports, 32% from iGaming, and 7% from fantasy and lottery [10] Market Performance - An industry analyst has set an average target price of $56.0 for DraftKings, maintaining a Buy rating [12][13] - The current trading volume for DraftKings is 1,729,955, with the stock price down by 4.05% to $40.59 [15] - The next earnings report is scheduled for 37 days from now, and current RSI values suggest the stock may be oversold [15]