FiscalNote Update Summary Company Overview - **Company**: FiscalNote (NYSE: NOTE) - **Industry**: Political prediction markets and data analytics Key Points and Arguments Market Opportunity - The way information is consumed and acted upon is rapidly changing, presenting new market opportunities for FiscalNote [3][4] - FiscalNote has a strong foundation with thousands of policy professionals relying on its data and analysis, which is difficult to replicate [3] - The expansion into political prediction markets is seen as a natural evolution of FiscalNote's existing capabilities [4] Growth in Prediction Markets - Global trading volume in prediction markets surged, with U.S. volumes hitting over $44 billion in 2025, representing a 400% year-over-year growth [8] - Political markets accounted for approximately $7.2 billion in 2025, with expectations for continued growth [8] - The market is still early and underdeveloped, making it an attractive entry point for FiscalNote [5] Regulatory Environment - The CFTC's withdrawal of the ban on political and sports event contracts has enabled significant market growth [10][22] - Regulatory clarity is expected to improve, which will support the development of prediction markets [22] Competitive Advantage - FiscalNote's deep knowledge and experience in political prediction markets position it uniquely to capitalize on this growth [17] - The combination of FiscalNote's domain expertise and 365 Prediction's iGaming experience is expected to create a differentiated product [18] Product Development and Innovation - FiscalNote plans to launch products that address existing market concerns, such as credibility and ethical considerations [23][24] - The company aims to create a subscription service for tips on political outcomes, leveraging its AI capabilities [32] - Plans to explore fantasy leagues around political outcomes as a way to engage users without waiting for regulatory changes [33] Ethical Considerations - There are concerns about the perception of betting on political outcomes; FiscalNote aims to position prediction markets as tools for advocacy and awareness [25][26] - Existing relationships with advocacy organizations will be leveraged to create a more constructive market environment [26][27] Strategic Partnerships - Partnerships, particularly with 365 Prediction, are crucial for leveraging existing market infrastructure and capabilities [6][17] - The collaboration is expected to enhance market design and integrity, which are essential for successful market making [20][21] Future Outlook - FiscalNote is not pivoting away from its core business but is extending its capabilities into new markets [35] - The company is focused on leveraging its existing strengths to explore new opportunities in prediction markets and beyond [35] Additional Important Content - The discussion highlighted the historical context of prediction markets, originating from academic experiments to improve outcome predictions [12][14] - The integration of prediction market data into professional workflows is growing, indicating a shift towards institutional relevance [5] - The potential for prediction markets to hedge policy and regulatory risks was noted as a significant opportunity [5]

CINCINNATI, Feb. 18, 2026 (GLOBE NEWSWIRE) -- The E.W. Scripps Company (NASDAQ: SSP) has named Oliver Gray vice president, network sports and client partnerships, effective immediately, adding a proven sports sponsorship and advertising leader to fuel growth across its expanding sports and entertainment platforms. Gray will lead efforts to connect national advertisers with Scripps’ platforms – including its rapidly growing sports portfolio – and will work closely across Scripps’ network sales and Scripps Sp ...

The rise of prediction markets has put the sports‑betting sector on alert, as consumers increasingly turn to platforms like Kalshi, Polymarket, and Robinhood to wager on sports outcomes — along with markets spanning entertainment and politics. Now, ETF issuer Roundhill Investments has filed for six politically focused prediction‑market ETFs that could push the sector even further.Roundhill's Prediction Market ETFsRoundhill Democratic President ETF (BLUP)Roundhill Republican President ETF (REDP)Roundhill Dem ...

Core Viewpoint - DraftKings Inc. is a leading entity in the digital sports entertainment and gaming sector, currently facing stock price fluctuations and market interest [1][5]. Group 1: Company Overview - DraftKings offers daily fantasy sports, sports betting, and iGaming opportunities, competing with major players like FanDuel and BetMGM [1]. - The company's stock is currently trading at $21.76, reflecting a decrease of 13.51% [1]. Group 2: Market Analysis - Bernstein has set a new price target of $28 for DraftKings, indicating a potential upside of approximately 28.68% from the current price, down from a previous target of $32 [2][5]. - The stock has seen significant trading activity, with a volume of 65.83 million shares today, indicating active investor engagement [3]. - DraftKings' market capitalization is approximately $10.83 billion, highlighting its substantial presence in the market [4][5]. Group 3: Stock Performance - The stock has fluctuated between a low of $21.01 and a high of $22.78 today, with a 52-week high of $53.50 and a low of $21.01, showcasing its volatility [4]. - Increased attention on platforms like Zacks.com suggests heightened investor interest and potential growth opportunities for DraftKings [3][5].

DraftKings Inc. ( DKNG ) released a Q4 report that sent the stock down by nearly -14%. While DraftKings’ financial performance was strong in the quarter, the 2026 financial guidance came in well below expectations. A number of factors seem toI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding ...

DraftKings Inc. ( DKNG ) released a Q4 report that sent the stock down by nearly -14%. While DraftKings’ financial performance was strong in the quarter, the 2026 financial guidance came in well below expectations. A number of factors seem toI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding ...

Company Overview - Rush Street Interactive operates as an online casino and sports betting company in the United States and Latin America, marketing its services under the BetRivers.com, PlaySugarHouse.com, and RushBet.co brands [5] - The company reported a total revenue of $1,063.70 million and a net income of $30.09 million for the trailing twelve months (TTM) [4] - The company has 883 employees and experienced a 1-year price change of 3.55% as of February 4, 2026 [4] Recent Transaction - CEO Richard Todd Schwartz sold 247,114 shares for approximately $4.4 million on February 4, 2026, reducing his direct holdings to 949,048 shares, which is about 0.97% of the company's outstanding shares [1][3] - This transaction was Schwartz's largest single open-market sale, exceeding his prior median sell size of 193,900 shares [7] Earnings Expectations - Rush Street Interactive's Q4 earnings report for FY2025 is anticipated on February 17, 2026, with expectations of positive results based on previous performance and industry trends [6] - In Q3 2025, the company surpassed analysts' revenue expectations by 4.3%, generating $277.91 million, marking the tenth consecutive quarter of revenue improvement [6] Industry Context - Other companies in the casino and betting industry, such as DraftKings and Hasbro, have also reported positive earnings, indicating a favorable environment for online betting [8] - The stock of Rush Street Interactive rose approximately 40% in 2025, suggesting potential for long-term growth in the booming online betting industry [9]

Jefferies maintains a "Buy" rating for DraftKings Inc. (NASDAQ: DKNG), suggesting the stock's recent downturn may be nearing its end.Institutional investors show mixed sentiment, with Cibc World Market Inc. reducing its stake, while Nordea Investment Management AB and Massachusetts Financial Services Co. MA increase theirs.DraftKings' stock has experienced a 13.51% decline, indicating potential volatility but also a possible buying opportunity for long-term investors.DraftKings Inc. (NASDAQ: DKNG) is a prom ...

Core Insights - DraftKings is experiencing stock fluctuations following its fourth-quarter results, attributed to cautious guidance and upcoming changes in its offerings [1][3] - The company is focusing on enhancing its prediction markets, which have seen significant interest, especially during events like the Super Bowl [2][15] Financial Performance - DraftKings reported a substantial increase in prediction market activity during the Super Bowl, with $1.5 billion traded in volume, indicating a growing interest in betting [15] - The company is acquiring several million users annually through its online sports betting app, with potential for significant growth through its new prediction market offerings [13][14] Product Development - DraftKings is committed to developing the best prediction product globally, leveraging existing investments in technology and marketing [5][27] - The company has made significant upgrades to its product, including partnerships with Crypto.com, enhancing content accessibility for customers [4][27] Market Strategy - The company aims to expand its reach into states where online sports betting is not yet available, targeting major markets like California, Texas, and Florida [11][12] - DraftKings plans to ramp up marketing efforts by the next NFL season to attract new customers through its prediction markets [12][27] Industry Trends - There is a growing trend towards interactive and gamified sports experiences, which is expected to drive increased participation in betting and prediction markets over the next 10 to 20 years [17][18] - The company believes that the integration of AI and machine learning will enhance operational efficiency and product offerings, contributing to its competitive edge [24][25]

Market Overview - U.S. stocks stabilized on Friday following a positive inflation update, easing concerns about the impact of artificial intelligence on businesses [1][10] - The S&P 500 remained relatively unchanged after experiencing significant losses, while the Dow Jones Industrial Average increased by 48 points (0.1%) and the Nasdaq composite decreased by 0.2% [1][10] Inflation and Economic Indicators - Treasury yields decreased after a report indicated that inflation slowed more than expected, with U.S. consumers facing a 2.4% increase in prices compared to the previous year [2][10] - Although inflation remains above the Federal Reserve's 2% target, it improved from December's 2.7% rate, with a key underlying measure of inflation reaching its lowest level in nearly five years [10][11] Company Performance - AppLovin saw a significant drop of nearly 20% on Thursday despite reporting stronger-than-expected profits, but rebounded with a 6.4% increase on Friday [5][11] - C.H. Robinson Worldwide experienced a 14.5% decline on Thursday but recovered with a 4.9% rise on Friday after news of an AI platform that could increase freight volumes by up to 400% without increasing operational headcount [6][11] - Applied Materials was a major contributor to the S&P 500's upward movement, rising 8.1% after reporting better-than-expected profits, attributed to increased investments in AI computing [8][11] - DraftKings fell 13.5% despite exceeding profit expectations, as its revenue forecast for the year did not meet market expectations [8][11] - Norwegian Cruise Line Holdings dropped 7.6% following the replacement of its CEO just weeks before reporting quarterly results [9][11] - Nvidia, being the largest stock on Wall Street, declined by 2.2%, significantly impacting the S&P 500 due to its market weight [9][11] Market Sentiment - The market has shown aggressive reactions to perceived threats from AI disruption, with analysts describing the sentiment as a "shoot first, ask questions later" approach [7][11]