Sports Betting’s $25 Billion Future: How DraftKings Is Dominating the Market
It seems like right now is a good time to bet on sports betting companies. More than half of the U.S. states have opened their doors to sports betting by legalizing it in one form or the other. This has quite really opened floodgates for companies engaged in the segment, including today’s main star, DraftKings Inc. » Read more about: Sports Betting’s $25 Billion Future: How DraftKings Is Dominating the Market »
Read MoreMarket Commentary: 2 Deals This Billionaire Is Scooping Up
David Einhorn, the esteemed founder of Greenlight Capital, is widely recognized for making a killing during the Great Recession when he shorted the market. Nowadays, the investment world is curious about where Einhorn finds potential in the current market, particularly which stocks in his portfolio are poised for significant growth.
Read More1 No-Brainer Stock to Buy Now with $360
If you were going to buy just one stock, you would want it to have some key characteristics, and among the best is a share price that increases with the market but holds steady when markets fall.
In 2022 when the market fell by 20%, Berkshire Hathaway treaded water, essentially beating the market by 20%.
» Read more about: 1 No-Brainer Stock to Buy Now with $360 »
Read More1 AI Stock To Avoid In 2024
The story and hype around artificial intelligence drove a whole wave of technology stocks higher in 2023. Some of the gains were well-deserved and others, like Broadcom, might have mushroomed to unsustainable levels for 2024.
We took a peek at the financials to see if the current valuation matches with the price and,
» Read more about: 1 AI Stock To Avoid In 2024 »
Read More1 Undervalued Homebuilder Could Soar—Why Investors Are Watching
Dream Finders Homes (NYSE:DFH) is a home-building company that focuses on the fast-growing Sun Belt real estate market.
Like many stocks tied to the real estate market, however, DFH has been through an extremely rocky period over the last year. The stock is down over 30% in the last 12 months,
» Read more about: 1 Undervalued Homebuilder Could Soar—Why Investors Are Watching »
Read MoreThe Ivy
Ford’s Fat Dividend Yield Looks Tempting, What’s The Catch?
At first glance, Ford’s dividend might look like a smooth ride. The company is handing out $0.75 annually and has sweetened the pot with special payouts in recent years. These bonuses are part of Ford’s plan to return 40% to 50% of its adjusted free cash flow to shareholders.
But don’t let the recent payouts lull you into a false sense of security.
» Read more about: Ford’s Fat Dividend Yield Looks Tempting, What’s The Catch? »
Read MoreThe Spotlight
1 Social Media Stock Savvy Investors Are Watching
Reddit, often referred to as “the front page of the internet,” has a claim to fame that over 400 million monthly active users engage with it across 130,000 active communities.
There is no two ways about it, Reddit has carved out a niche in the social media landscape that is distinct from giants like Facebook and Twitter.
» Read more about: 1 Social Media Stock Savvy Investors Are Watching »
Read MoreThe Daily
Gold Reaches New High on U.S.-China Trade Rift
Gold prices hit a record high, driven by fears of a renewed trade war between the U.S. and China after President Trump announced the latest tariff increase on Beijing.
Futures in New York climb 2.2% to $4,089 a troy ounce, after reaching $4,096.50 earlier in the session.
“Renewed trade tension saw strong haven buying for gold and other precious metals,”
» Read more about: Gold Reaches New High on U.S.-China Trade Rift »