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Why DraftKings (DKNG) Is Up 8.1% After Returning To Profit And Pivoting Into Prediction Markets
Simply Wall St.138d agoneutral
Why DraftKings (DKNG) Is Up 8.1% After Returning To Profit And Pivoting Into Prediction Markets

DraftKings reported past first-quarter 2026 results with revenue of US$1,646.08 million, a shift to net income of US$21.07 million, and earnings per share turning positive compared with the prior year’s loss. Management kept full-year revenue and adjusted EBITDA guidance below analyst expectations while committing up to US$300 million in prediction market investments, signaling a meaningful capital shift toward its Predictions platform and planned proprietary exchange. Next, we’ll explore...

Jim Cramer Calls Agnico Eagle the “Best One” But Is Not Bullish on Gold
Insider Monkey138d agoneutral
Jim Cramer Calls Agnico Eagle the “Best One” But Is Not Bullish on Gold

Agnico Eagle Mines Limited (NYSE:AEM) was one of the stocks featured in Jim Cramer’s Mad Money recap, as he discussed how the AI build-out could power the economy. Noting that the stock seems to be moving up, a caller asked for Cramer’s prediction for the next six months. He replied: You’re in, you would be […]

Bloomberg139d agobullish
DraftKings Profit Beats, Ups Prediction Market Spending

(Bloomberg) -- DraftKings Inc. reported revenue that rose 17% to $1.65 billion, slightly ahead of analysts’ estimates for $1.63 billion and said it would spend more on a new push into predictions markets. Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS Fires on Iranian Targets as Trump Demands Deal From TehranIran’s President Says He Had Meeting With Injured Supreme LeaderApple’s C

DraftKings Q1 Earnings Call Highlights
MarketBeat139d agoneutral
DraftKings Q1 Earnings Call Highlights

DraftKings (NASDAQ:DKNG) reported first-quarter 2026 results that exceeded management’s expectations, driven by continued strength in its core Sportsbook business and an increasing push into sports predictions. First-quarter results and updated cadence commentary Co-founder and CEO Jason Robins sai

DraftKings (DKNG) Q1 Earnings Lag Estimates
Zacks140d agoneutral
DraftKings (DKNG) Q1 Earnings Lag Estimates

DraftKings (DKNG) delivered earnings and revenue surprises of -6.98% and +0.12%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

Investing.com140d agobullish
DraftKings beats profit estimates but guides below views

Investing.com -- DraftKings Inc (NASDAQ:DKNG) reported first quarter results that exceeded profit expectations but maintained full-year guidance below analyst estimates, sending shares down 1.9% in after-hours trading Thursday.

Is DraftKings (DKNG) Trading at an Attractive Multiple?
Insider Monkey140d agoneutral
Is DraftKings (DKNG) Trading at an Attractive Multiple?

Baron Capital, an investment management company, released its Q1 2026 investor letter for the “Baron Discovery Fund”. A copy of the letter can be downloaded here. It was a difficult quarter for Baron Discovery Fund, both on an absolute and relative basis. The Fund declined 10.65% (Institutional Shares) in the quarter, compared to the Russell 2000 […]