The 2025 Ryder Cup teed off at Bethpage State Park on Long Island Friday, drawing over 250,000 fans and expected to deliver a $200 million economic boost to New York State and surrounding businesses.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
The non-fungible token (NFT) market, once a beacon of rapid innovation and astronomical valuations, finds itself in a deep "NFT Winter," a chilling period characterized by plummeting sales, eroding floor prices, and widespread investor disillusionment. This dramatic downturn is not an isolated event but a direct consequence of the broader
DraftKings trades at $43.36 and has moved in lockstep with the market. Its shares have returned 12.5% over the last six months while the S&P 500 has gained 16.8%.
Like artificial intelligence, the Web3 world wants a piece of the action in online betting markets. There is no greater example than this than the August announcement by a former Polymarket executive that he will invest $15 million in another blockchain-based online prediction market instead of building it on the traditional web.
Shares of DraftKings are trading off session highs Thursday. The stock is volatile following a new report from The Bear Cave highlighting a growing competitive threat from prediction markets.
In a significant shift of monetary policy, the U.S. Federal Reserve recently trimmed its benchmark interest rate, signaling a broader trend towards lower borrowing costs that is poised to inject new life into various segments of the stock market and the wider economy. This pivot by global central banks,
In a significant pivot signaling a new era for financial markets, global central banks, led by the U.S. Federal Reserve, have begun a discernible trend towards lower interest rates. This shift is unleashing a powerful tailwind for technology and growth-oriented stocks, sectors notoriously sensitive to the cost of capital
The U.S. economy finds itself in a precarious state as September 2025 approaches, characterized by a visible slowdown in growth, a deteriorating job market, and stubbornly persistent inflation. This delicate balance has prompted the Federal Reserve to signal an imminent interest rate cut, a move widely anticipated by financial
The U.S. financial markets are currently at a critical juncture, with the stability of the 10-year Treasury yield hovering steadfastly around the 4% mark. This apparent calm in long-term borrowing costs is proving to be a crucial linchpin for the effectiveness of the Federal Reserve's (Fed) anticipated rate cuts,
Washington D.C. – September 15, 2025 – The financial world is bracing for a highly anticipated move by the Federal Reserve, with markets pricing in a near-certain 25-basis-point interest rate cut at the upcoming Federal Open Market Committee (FOMC) meeting on September 16-17. This expected shift in monetary policy comes as
Football season has arrived. For investors looking for exposure to the $100 billion legal sports betting market, DraftKings is a touchdown in the making.
Shares of fantasy sports and betting company DraftKings (NASDAQ:DKNG)
fell 3.6% in the afternoon session after concerns grew over potential state-level regulations that could limit or ban popular proposition bets.
Bank of America Securities analysts evaluate U.S. sports betting landscape, highlighting evolving bettor preferences, promotional campaigns, and new prediction market products.
According to a CNBC report, DraftKings' CEO noted that the NFL season was second only to the Super Bowl in driving customer acquisition to its platform and expanding the overall betting market.
