DraftKings advances micro betting expansion into prediction markets while facing addiction lawsuits and New Jersey ban legislation targeting the format.
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Ohio’s Casino Control Commission proposes eliminating credit card deposits for sports betting, joining eight states with similar restrictions already in place.
Flutter Entertainment names Christian Genetski as new FanDuel CEO after Q1 sportsbook revenue grew only 1% while iGaming jumped 19%. Full-year guidance reduced.
Affirm (AFRM) delivered exceptional Q3 results with revenue up 33% and EPS beating by 79.5%, yet the stock remains down 9.5% year-to-date in 2026.
Oil prices climbed after U.S.-Iran military exchange near Strait of Hormuz. Brent holds above $100 despite weekly losses as shipping route remains disrupted.
Airbnb (ABNB) stock falls 1% premarket after Q1 earnings miss at $0.26, though revenue topped forecasts at $2.68B and 2026 guidance improved.
CoreWeave (CRWV) shares declined over 5% despite beating Q1 estimates with $2.08B revenue as Q2 guidance missed Wall Street’s $2.69B forecast.
Brazil’s Senate Sports Committee has greenlit legislation to allocate regulated betting tax revenue toward military sports development and athlete training.
New Jersey bill HB4838 proposes 10% surcharge on World Cup 2026 sports betting plus temporary fees on hotels and rideshares to cover FIFA hosting costs.
The Trade Desk (TTD) stock dropped 15% premarket after missing Q1 EPS estimates and issuing weak Q2 guidance, leading to three downgrades from Wall Street.
Whirlpool (WHR) stock plummeted 12% after halting its 70-year dividend and reporting a Q1 loss, cutting full-year guidance by more than half.
Argentina proposes legislation to ban online gambling ads targeting minors and restrict betting sponsorships on football jerseys and at sports venues.
Gold exceeds $4,700 per ounce driven by central bank purchases and Middle East stability. Silver and platinum rally as traders monitor U.S. jobs data.
RBC Capital Markets ups S&P 500 target to 7,900, citing AI-driven growth in split economy. Healthcare downgraded amid weak earnings revisions.
Shopify (SHOP) beat Q1 estimates with $3.17B revenue and $100B GMV but dropped on Q2 guidance. Cathie Wood’s ARK bought $32.6M worth of shares on the dip.