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Stocks Extend Quarterly Gains, Oil Drops | Closing Bell
Youtube· 2025-09-30 20:45
And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here with Katie Greifeld taking you through to that closing bell. It's a global simulcast.There's Carol Massar, Tim Stenovec in the radio booth. Welcome to our audiences across all of our Bloomberg platforms, including YouTube here on the final trading day of the month and the quarter. Right now, looking at an S&P 500 and a Dow and the Russell 2000 locking in a fifth straight month of gains.Yeah, pretty significant, right. ...
Why DraftKings Plunged Today
Yahoo Finance· 2025-09-30 18:00
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 ...
DraftKings: Risks Of A Federal Crackdown Are Growing (NASDAQ:DKNG)
Seeking Alpha· 2025-09-30 15:45
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 ...
NBCUniversal and DraftKings Enter Multi-Year Collaboration Across Expansive Sports Portfolio
Globenewswire· 2025-09-29 12:00
BOSTON, Sept. 29, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ: DKNG) announced today that it has entered into a multi-year advertising agreement with NBCUniversal to execute exclusive integrations and digital sponsorships across NBCUniversal’s top-tier sports properties, including premier national coverage. This deal marks a significant milestone for both companies, expanding DraftKings’ presence in sports broadcasting through one of its largest and most impactful multi-platform agreements to date. “We ...
GOAT Industries Announces Entering Into Of Definitive Agreement To Acquire Gambling Platform
Thenewswire· 2025-09-26 21:15
Vancouver, British Columbia, Canada – September 26, 2025 – TheNewswire - GOAT Industries Ltd. (the “Company” or “GOAT”) (CSE: GOAT) (OTC: BGTTF) (FWB: 26B.F) is pleased to announce, further to its press release dated August 25, 2025, that it has entered into a binding arm’s length share exchange agreement (the “1509 Agreement”) dated September 25, 2025, to acquire (the “1509 Transaction”) all of the issued and outstanding securities of 1509467 B.C. Ltd. (“1509”) from the securityholders of 1509 (the “1509 ...
Prediction market Kalshi overtakes Polymarket and sets off sports betting ‘land grab’
Yahoo Finance· 2025-09-24 15:01
Kalshi has overtaken prediction market leader Polymarket by registering higher trading volumes for three weeks running. Last week, Kalshi users traded $728 million worth of bets. That’s almost 60% more than Polymarket, and almost as much as the record $749 million weekly volume Kalshi handled in the lead up to the 2024 US presidential election. The booming sports betting market is driving the success, according to Dustin Gouker, a sports betting consultant and predictions market analyst. “Football is no ...
DraftKings starts the NFL season strong despite the Buffalo Bills' margin-wrecking week 1 comeback
Seeking Alpha· 2025-09-19 14:57
DraftKings (NASDAQ:DKNG) suffered its worst single-game outcome in its history during week one of the NFL season, according to Citizens Equity Research Analyst Jordan Bender. The sports betting operator was hit by multiple player props hitting during the Buffalo Bills-Baltimore ...
Is Robinhood Becoming a Betting Stock?
Yahoo Finance· 2025-09-19 10:45
Robinhood was quick to do so, offering Super Bowl derivatives, which were yanked at the request of the Commodities Futures Trading Commission (CFTC). A similar fate befell the company during this year's NCAA basketball tournaments, when the brokerage firm pulled event contracts in New Jersey -- one of the top sports betting states.Days before Election Day, Robinhood jumped into the arena, offering approved clients the chance to purchase yes/no contracts. That was a prelude to something bigger. At the compan ...
Genius Sports Expands Hard Rock Bet Partnership, Adds Innovative BetVision Live-Stream Betting Product
Yahoo Finance· 2025-09-19 04:46
Genius Sports Limited (NYSE:GENI) is one of the best growth stocks under $30 to buy. On September 8, Genius Sports announced an expansion of its long-term partnership with Hard Rock Bet Sportsbook to enhance the platform’s official data, trading, and marketing capabilities, as well as introduce its innovative BetVision product. Genius Sports has served as a partner to Hard Rock Bet since 2021. Under the expanded agreement, Genius Sports will continue to power Hard Rock Bet with official data and pinpoint ...
Kalshi Prediction Markets Are Pulling In $1 Billion Monthly as State Regulators Loom
Yahoo Finance· 2025-09-18 20:06
Prediction market Kalshi just topped $1 billion in monthly volume as state regulators nip at its heels with lawsuits alleging that it’s an unregistered sports betting platform. “Despite being limited to only American customers, Kalshi has now risen to dominate the global prediction market industry,” the company said in a press release. “New data scraped from publicly available activity metrics details this rise.” The publicly available data appears on a Dune Analytics dashboard that’s been tracking pre ...