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Tag: DraftKings Inc

BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%

BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%

May 30, 2024May 30, 2024 · Banking

Trustly CEO Johan Tjarnberg. Trustly The boss of Swedish financial technology startup Trustly says an initial public offering for the company is still a year or two away…

Read more BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%
Wednesday’s analyst calls: DraftKings bull case, credit card play for the long haul

Wednesday’s analyst calls: DraftKings bull case, credit card play for the long haul

November 15, 2023November 15, 2023 · Business

(This is CNBC Pro’s live coverage of Wednesday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) Wednesday’s batch of analyst…

Read more Wednesday’s analyst calls: DraftKings bull case, credit card play for the long haul
Goldman calls this options trading strategy ‘systematically profitable’

Goldman calls this options trading strategy ‘systematically profitable’

November 10, 2023November 10, 2023 · Business

There are several opportunities over the next month for investors to cash in on a long-standing trend by buying options, according to Goldman Sachs. A Wednesday note from…

Read more Goldman calls this options trading strategy ‘systematically profitable’
ARK CEO Cathie Wood says she swerved the Arm IPO frenzy. Here’s why

ARK CEO Cathie Wood says she swerved the Arm IPO frenzy. Here’s why

September 20, 2023September 20, 2023 · Business

Cathie Wood, CEO of Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, February 27,…

Read more ARK CEO Cathie Wood says she swerved the Arm IPO frenzy. Here’s why
Fanatics increases its offer to 5 million to acquire PointsBet’s U.S. assets

Fanatics increases its offer to $225 million to acquire PointsBet’s U.S. assets

June 27, 2023June 27, 2023 · Business

Fanatics founder and CEO Michael Rubin at his office in New York. The Washington Post | Getty Images Fanatics has raised the stakes as it looks to acquire…

Read more Fanatics increases its offer to $225 million to acquire PointsBet’s U.S. assets
Fanatics to buy PointsBet’s U.S. assets for about 0 million

Fanatics to buy PointsBet’s U.S. assets for about $150 million

May 14, 2023May 14, 2023 · Business

Fanatics logo is seen on the dugout wall before the game between the Pittsburgh Pirates and the Milwaukee Brewers at PNC Park on July 3, 2022 in Pittsburgh,…

Read more Fanatics to buy PointsBet’s U.S. assets for about $150 million
Investor Dan Niles likes these tech stocks heading into the second quarter

Investor Dan Niles likes these tech stocks heading into the second quarter

March 31, 2023April 1, 2023 · Banking

The market rally will fade soon, but certain tech names are poised to outperform, according to hedge fund manager Dan Niles. The stock market is ending the first…

Read more Investor Dan Niles likes these tech stocks heading into the second quarter
Philadelphia Eagles emerge as early Super Bowl favorites over Kansas City Chiefs

Philadelphia Eagles emerge as early Super Bowl favorites over Kansas City Chiefs

January 29, 2023January 29, 2023 · Breaking News

The Kansas City Chiefs were still celebrating on the field Sunday night when oddsmakers moved them from slight favorites to win the Super Bowl over the Philadelphia Eagles…

Read more Philadelphia Eagles emerge as early Super Bowl favorites over Kansas City Chiefs
Here are Wednesday’s biggest analyst calls: Apple, IBM, Amazon, Tesla, Exxon, Gap, Netflix & more

Here are Wednesday’s biggest analyst calls: Apple, IBM, Amazon, Tesla, Exxon, Gap, Netflix & more

January 18, 2023January 18, 2023 · Business

Here are Wednesday’s biggest calls on Wall Street: BMO initiates CrowdStrike as outperform BMO initiated the cybersecurity company and called it “best-in-class.” “We believe that CrowdStrike offers best-in-class…

Read more Here are Wednesday’s biggest analyst calls: Apple, IBM, Amazon, Tesla, Exxon, Gap, Netflix & more
Dow down by more than 500 points as Fed officials point to more rate hikes, China protests rattle markets

Dow down by more than 500 points as Fed officials point to more rate hikes, China protests rattle markets

November 28, 2022November 28, 2022 · Breaking News

U.S. stocks tumbled on Monday as protests in China raised the risks to global growth and Federal Reserve policy makers said more interest-rate increases are needed to control…

Read more Dow down by more than 500 points as Fed officials point to more rate hikes, China protests rattle markets
Fox loses legal battle to buy a stake in FanDuel from parent company Flutter at a lower valuation

Fox loses legal battle to buy a stake in FanDuel from parent company Flutter at a lower valuation

November 5, 2022November 5, 2022 · Business

The FanDuel Inc. app. Andrew Harrer | Bloomberg | Getty Images Fox lost a legal battle to buy an 18.6% stake in sports betting company FanDuel Group from…

Read more Fox loses legal battle to buy a stake in FanDuel from parent company Flutter at a lower valuation
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