DraftKings Inc. (DKNG) News
Track canonical SquawkNews coverage tagged to DKNG, DraftKings Inc.. This hub brings together deduplicated headlines about alpaca us equities, markets catalysts, earnings, analyst actions, and wider market events so traders can review how a developing story changed over time. It contains 62 indexed stories across 30 publication days and is ordered by the same first-publication timeline used by LiveCast.
M
Goldman rebalances its long duration stock basket
The Goldman Sachs equity team has rebalanced its Long Duration Basket amid rising interest rates.Equities usually struggle to digest sharp increases in interest rates, with long duration growth stocks struggling dispropo
EQUITY | Sep 13, 2026, 02:13 PM UTC
H
Robinhood Stock on Edge as Kalshi Moves Deeper Into US Stock Trading
Robinhood Markets (NASDAQ: HOOD ) stock came under intense pressure this week, sliding into a local correction after falling about 10% from its yearly high. The drop followed Kalshi’s announcement that it was entering th
LIVE | Sep 12, 2026, 07:16 PM UTC
L
Kalshi and Polymarket Aren't Public. You Still Buy Them Through an ETF. — Barrons.com
By Paul R. La MonicaIf you're itching to get in on the action with Kalshi and Polymarket, you can get a piece of these red-hot-but privately held-prediction markets.A growing crop of exchange-traded funds hold private sh
EQUITY | Sep 11, 2026, 08:25 PM UTC
L
Fanatics launches unified sports “Super App” ahead of NFL season kickoff
Fanatics launched a unified mobile app combining its sportsbook, online casino and prediction-market products, timed ahead of the start of the NFL season.
EQUITY | Sep 09, 2026, 12:01 PM UTC
L
NFL betting projected near $29.5B for 2026 season
American Gaming Association estimates Americans will legally wager $29.5B on the 2026 NFL season via U.S.-regulated commercial sportsbooks.
EQUITY | Sep 09, 2026, 10:31 AM UTC
L
This NFL Season Is 'Do or Die' for Prediction Markets — Barrons.com
As the NFL season opens Wednesday, there's a new game in town. Prediction markets could drive $35 billion in wagers, on par with the traditional sports betting industry.By Nick DevorThe 2026 FIFA World Cup minted million
EQUITY | Sep 09, 2026, 05:00 AM UTC
L
DKNG maintained as Market Outperform by Citizens
DraftKings (DKNG) is maintained at Market Outperform by Citizens, per Benzinga ratings actions.
EQUITY | Sep 08, 2026, 01:37 PM UTC
L
DraftKings price target raised to $29 by Bernstein
Bernstein raised its DraftKings price target to $29.00 from $27.00.
EQUITY | Sep 03, 2026, 12:12 PM UTC
M
New Jersey asks U.S. Supreme Court on sports prediction markets dispute
New Jersey’s attorney general petitioned the U.S. Supreme Court to hear a case that could determine the fate of sports prediction markets after split lower-court decisions.
EQUITY | Sep 02, 2026, 04:58 PM UTC
L
DraftKings initiated at Outperform by Wolfe Research
DraftKings was initiated at Outperform by Wolfe Research, per the ratings action cited by Benzinga.
EQUITY | Sep 02, 2026, 12:18 PM UTC
M
DraftKings jumps ~10% as Flutter rises ~8% on ruling
DraftKings (DKNG) rose nearly 10% and Flutter Entertainment (FLUT) jumped 8% after a ruling that sports bets aren’t swaps.
EQUITY | Aug 28, 2026, 08:42 PM UTC
L
Why Are DraftKings (DKNG) Shares Soaring Today
Why Are DraftKings (DKNG) Shares Soaring Today
EQUITY | Aug 28, 2026, 08:18 PM UTC
L
PrizePicks Parent Allwyn Reports Strong Earnings Growth — Barrons.com
PrizePicks Parent Allwyn Reports Strong Earnings Growth — Barrons.com
EARNINGS | Aug 27, 2026, 07:23 PM UTC
H
Kalshi Reaches $4B Annualized Revenue
Kalshi achieves $4B in annualized revenue as it seeks $40B valuation
EQUITY | Aug 11, 2026, 09:31 PM UTC
L
Citigroup Maintains Buy on DraftKings, Raises Price Target to $32
Citigroup analyst James Hardiman maintains DraftKings (NASDAQ: DKNG ) with a Buy and raises the price target from $30 to $32.
EQUITY | Aug 11, 2026, 07:51 PM UTC
H
JS&P 500 Hits Record As Jobs Shock Sinks Rate-Hike Bets: Stock Market Today
The S&P 500 cleared 7,755 and Wall Street is on course for its best week since April. The rally comes on the heels of a contraction in July payrolls. The U.S. economy unexpectedly shed 23,000 jobs in July against forecas
EARNINGS | Aug 07, 2026, 05:27 PM UTC
L
DraftKings Posts In Line Q2, Continues Investing In Prediction Markets
DraftKings Inc (NASDAQ: DKNG ) shares rose in early trading on Friday, after the company reported its second-quarter results. While the company reported its quarterly results broadly in line with expectations, its stock
EARNINGS | Aug 07, 2026, 04:25 PM UTC
L
DraftKings Shares Gain as CEO Signals Rapid Predictions Growth Ahead of NFL Season
DraftKings Inc. (NASDAQ: DKNG ) shares are edging higher Friday morning as traders digest mixed Q2 results and upbeat commentary around its Predictions product. DraftKings stock is moving in positive territory. What’s pu
EARNINGS | Aug 07, 2026, 02:26 PM UTC
L
DraftKings Q2 Highlights: Mixed Earnings, Predictions 'Growing Faster Than We Anticipated'
Sports betting and online gaming company DraftKings Inc (NASDAQ: DKNG ) reported second-quarter financial results Thursday after market close. Here are the key highlights. • DraftKings stock is facing resistance. Why is
EARNINGS | Aug 06, 2026, 08:48 PM UTC
L
DraftKings Affirms FY2026 Sales Guidance of $6.500B-$6.900B vs $6.732B Est
DraftKings (NASDAQ: DKNG ) affirms FY2026 sales outlook from $6.500 billion-$6.900 billion to $6.500 billion-$6.900 billion vs $6.732 billion estimate.
EARNINGS | Aug 06, 2026, 08:33 PM UTC
L
DKNG Posts $1.44B Q2 Revenue
DKNG Q2 revenue misses estimates
EARNINGS | Aug 06, 2026, 08:21 PM UTC
H
DraftKings Q2 Preview: Stock Slammed by Prediction Markets — Can Earnings Offer Relief?
Sports betting and online gaming giant DraftKings Inc (NASDAQ: DKNG ) looks to turn things around when the company reports second-quarter financial results Thursday after market close. Here are the earnings estimates, an
EARNINGS | Aug 05, 2026, 08:46 PM UTC
L
DraftKings Stock Slips Ahead of Earnings: What's Driving the Pre-Report Pullback?
DraftKings Inc (NASDAQ: DKNG ) stock is trading lower Wednesday after rival FanDuel parent Flutter Entertainment reported a second-quarter earnings miss and slashed its full-year guidance. The sympathy sell-off comes as
EARNINGS | Aug 05, 2026, 03:56 PM UTC
H
Michael Burry Expands Bets Against Nvidia, Micron— and Is Now Buying Lululemon and DraftKings
‘The Big Short’ investor Michael Burry has expanded his bearish bets against chipmaker Nvidia Corp. (NASDAQ: NVDA ) while piling into long stakes in Lululemon Athletica Inc. (NASDAQ: LULU ) and DraftKings Inc. (NASDAQ: D
EARNINGS | Jul 31, 2026, 01:19 PM UTC
H
Burry Increases Shorts in MU, NVDA, SOXX
Burry increases shorts in tech stocks
EQUITY | Jul 30, 2026, 08:29 PM UTC
M
California Tribes Push Sports Betting
California tribes push online sports betting measure
EQUITY | Jul 30, 2026, 06:50 PM UTC
H
CME Launches Sports Derivatives
CME partners with FutureSports to launch sports derivatives
EQUITY | Jul 29, 2026, 01:16 PM UTC
L
LeBron James signs with the Sixers, sparking fresh interest in gaming and betting stocks
LeBron James signs with the Sixers, sparking fresh interest in gaming and betting stocks
EQUITY | Jul 24, 2026, 04:29 PM UTC
L
DKNG FLUT PENN RSI SRAD Prediction market volume to hit $1.5 trillion by 2030, says Macquarie. Their note is really focused on U.S.-based Ka
DKNG FLUT PENN RSI SRAD Prediction market volume to hit $1.5 trillion by 2030, says Macquarie. Their note is really focused on U.S.-based Kalshi, one of the biggest prediction markets, and they say the majority of its cu
EQUITY | Jul 24, 2026, 11:19 AM UTC
L
DKNG FLUT PENN RSI SRAD Prediction market startup Kalshi scored well during the 2026 FIFA World Cup, netting roughly double its projected us
DKNG FLUT PENN RSI SRAD Prediction market startup Kalshi scored well during the 2026 FIFA World Cup, netting roughly double its projected user traffic and trading volume. Kalshi recorded $27B in trading volume and saw ab
EQUITY | Jul 23, 2026, 07:13 PM UTC
L
DKNG FLUT SRAD MGM recent unfavorable operator outcomes – expect margins to stabilize in the weeks ahead @ Citizens
DKNG FLUT SRAD MGM recent unfavorable operator outcomes – expect margins to stabilize in the weeks ahead @ Citizens
EQUITY | Jul 22, 2026, 12:12 PM UTC
L
DKNG FLUT SRDA Forecasting Q2 adj EBITDA misses for them and see inline adj EBITDA for GENI, CDRO, & GAMB in Q2 online Gaming preview @ Stif
DKNG FLUT SRDA Forecasting Q2 adj EBITDA misses for them and see inline adj EBITDA for GENI, CDRO, & GAMB in Q2 online Gaming preview @ Stifel
EQUITY | Jul 22, 2026, 11:11 AM UTC
L
DKNG FLUT RSI CZR MGM PENN Week 2 (Q326) Performance (YoY) for NY online sports betting delivered another strong week of betting activity @
DKNG FLUT RSI CZR MGM PENN Week 2 (Q326) Performance (YoY) for NY online sports betting delivered another strong week of betting activity @ Benchmark
EQUITY | Jul 20, 2026, 11:54 AM UTC
L
CZR PENN DKNG FLUT Believe privately held Bet365 has the potential to be more of a challenge to DKNG and FLUT than competition from CZR, Pen
CZR PENN DKNG FLUT Believe privately held Bet365 has the potential to be more of a challenge to DKNG and FLUT than competition from CZR, Penn, BetMGM and others @ UBS
EQUITY | Jul 17, 2026, 11:31 AM UTC
H
What You Missed On Wall Street On Thursday
The major averages closed broadly lower amid a new wave of corporate earnings reports and renewed weakness in the semiconductor space. Earnings season has started off strong this week, as more than 87% of the 40 S&P 500
RATES | Jul 16, 2026, 08:25 PM UTC
L
DKNG DraftKings sues philadelphia after receiving subpoena, seeks to block City from enforcing a consumer Protection law
DKNG DraftKings sues philadelphia after receiving subpoena, seeks to block City from enforcing a consumer Protection law
EQUITY | Jul 16, 2026, 07:31 PM UTC
H
Midday Fly By: UnitedHealth, United Airlines, GE Aersopace report Q2 beats
The Dow Jones Industrial Average was higher near noon while the S&P 500 and Nasdaq were lower as investors digest a new wave of corporate earnings reports and renewed weakness in the semiconductor space. Markets continue
MACRO | Jul 16, 2026, 04:10 PM UTC
L
DKNG - Over the last year, The Bear Cave has published four articles about DraftKings highlighting competitive risks posed by prediction mar
DKNG - Over the last year, The Bear Cave has published four articles about DraftKings highlighting competitive risks posed by prediction markets like Kalshi. -Today, Kalshi’s execution looks even stronger: cumulative vol
EQUITY | Jul 16, 2026, 02:35 PM UTC
L
Largest premium to VWAP LCID (+5.97%) COTY (+3.69%) XYZ (+2.65%) UAA (+2.41%) CNC (+2.36%) DKNG (+2.22%) ACHC (+2.2%) RH (+2.15%) CLX (+2.15
Largest premium to VWAP LCID (+5.97%) COTY (+3.69%) XYZ (+2.65%) UAA (+2.41%) CNC (+2.36%) DKNG (+2.22%) ACHC (+2.2%) RH (+2.15%) CLX (+2.15%) UA (+2.15%) (Russell 1000 names)
EQUITY | Jul 15, 2026, 03:26 PM UTC
L
DKNG FLUT HOOD prediction markets facing a string of court losses to States @ Citi
DKNG FLUT HOOD prediction markets facing a string of court losses to States @ Citi
EQUITY | Jul 15, 2026, 10:55 AM UTC
L
DKNG FLUT See investor sentiment remaining mixed into NFL kickoff on an uncertain CAC backdrop and headline Kalshi volume/user trends @ OPCO
DKNG FLUT See investor sentiment remaining mixed into NFL kickoff on an uncertain CAC backdrop and headline Kalshi volume/user trends @ OPCO
EQUITY | Jul 14, 2026, 01:25 PM UTC
H
Bulls and Bears: Penguin Solutions, Draftkings, Palantir — And Stocks End Week With Solid Gains
examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks finished the week with solid gains as technology shares continued to drive the market
MACRO | Jul 11, 2026, 12:01 PM UTC
L
Susquehanna Maintains Positive on DraftKings, Lowers Price Target to $31
Susquehanna analyst Joseph Stauff maintains DraftKings (NASDAQ: DKNG ) with a Positive and lowers the price target from $32 to $31.
EQUITY | Jul 01, 2026, 01:22 PM UTC
L
Nevada reports May casino gaming Rev $1.39B, +7.4% y/y, Las Vegas strip Rev $808M, +13.2% y/y
(US) Nevada reports May casino gaming Rev $1.39B, +7.4% y/y, Las Vegas strip Rev $808M, +13.2% y/y
EQUITY | Jun 29, 2026, 01:49 PM UTC
H
Americans Bet Twice As Much On Sports Last Year As Amazon Earned, Anthony Pompliano Says: Stocks And ETFs In Focus
Americans wagered twice as much on sports gambling last year as Amazon.com Inc. (NASDAQ: AMZN ) generated in net income. Pompliano Highlights Sports Betting Growth “Americans wagered 2x more money on sports gambling last
EARNINGS | Jun 29, 2026, 08:03 AM UTC
H
DKNG Launches DKeX
DraftKings launches DKeX, a proprietary prediction markets exchange, and reports record engagement during the 2026 World Cup
EARNINGS | Jun 26, 2026, 02:53 PM UTC
H
ACAD +17% on EU Approval
ACAD rises 17% premarket after DAYBU receives European Union approval recommendation from CHMP
EQUITY | Jun 26, 2026, 01:08 PM UTC
H
US Premarket Movers
Select US stocks are moving premarket due to various announcements and earnings reports
EQUITY | Jun 26, 2026, 12:37 PM UTC
L
DKNG DraftKings Launches Proprietary Exchange to Bolster Differentiated Predictions Experience
DKNG DraftKings Launches Proprietary Exchange to Bolster Differentiated Predictions Experience
EQUITY | Jun 26, 2026, 11:30 AM UTC
M
DKNG: Citizens Raises Target
Citizens analyst Jordan Bender maintains DraftKings with a Market Outperform and raises the price target from $34 to $36
EQUITY | Jun 25, 2026, 02:38 PM UTC
M
Meta Building Prediction App
Meta is building a prediction markets app, causing stocks of sports gambling platforms to fall
EQUITY | Jun 23, 2026, 08:09 PM UTC
M
Meta Building Prediction App
Meta is developing a prediction markets platform, causing stocks of sports gambling platforms to fall
EQUITY | Jun 23, 2026, 07:48 PM UTC
H
Meta Building Prediction App
Meta is developing a prediction markets platform, causing stocks of sports gambling platforms to fall
EQUITY | Jun 23, 2026, 07:27 PM UTC
H
Meta Launches Arena
Meta Platforms Inc. is developing a standalone prediction markets app called Arena, similar to Polymarket and Kalshi, which may run on a video game-style points system
EQUITY | Jun 23, 2026, 06:59 PM UTC
M
Meta Building Prediction App
Meta is developing a prediction markets platform, causing stocks of sports gambling platforms DraftKings and FanDuel parent Flutter Entertainment to fall
EQUITY | Jun 23, 2026, 06:44 PM UTC
M
Meta Building Prediction App
Meta is developing a prediction markets platform, causing stocks of sports gambling platforms DraftKings and FanDuel parent Flutter Entertainment to fall
EQUITY | Jun 23, 2026, 06:34 PM UTC
M
Meta Building Prediction App
Meta is building a prediction markets app, causing stocks of sports gambling platforms to fall
EQUITY | Jun 23, 2026, 06:24 PM UTC
H
Meta Building Prediction App
Meta is building a prediction markets app, causing stocks of sports gambling platforms to fall
EQUITY | Jun 23, 2026, 06:13 PM UTC
H
Meta Building Prediction App
Meta is building a prediction markets app, causing stocks of sports gambling platforms to fall
EQUITY | Jun 23, 2026, 05:52 PM UTC