Deagreez/iStock via Getty Images I previously covered DraftKings ( DKNG ) in November 2025, discussing why I had reiterated my Buy rating despite the twice lowered FY2025 guidance then, thanks to its compelling valuations after the prior meltdown, the positive cash flows, and the numerous growth drivers arising from ESPN Bet, Online Sports Betting (OSB) growth, and entry to the prediction market. ...
Deagreez/iStock via Getty Images I previously covered DraftKings ( DKNG ) in November 2025, discussing why I had reiterated my Buy rating despite the twice lowered FY2025 guidance then, thanks to its compelling valuations after the prior meltdown, the positive cash flows, and the numerous growth drivers arising from ESPN Bet, Online Sports Betting (OSB) growth, and entry to the prediction market. In this article, I shall discuss why I am reiterating my Buy rating for the DKNG stock here, thanks to the compelling valuations and the improved risk/reward from the prior meltdown, aided by the oversold RSIs and the bottoming trading volumes. My optimism is further aided by their well-diversified gaming offerings/super app platform likely to drive robust adoption trends (upon further legal clarity on the predictions platform), the promising FY2026/FY2030 guidance, and the healthy balance sheet allowing them to engage in aggressive investments to drive accelerated growth prospects. DKNG Faces Intense Competition From Prediction Market DKNG 1Y Stock Price (TradingView) Since my last Buy rating, DKNG has underperformed expectations, yet again, with a similar development also observed in its gaming peers in varying degrees against the wider market's sideways trading. Author's Historical Rating (Seeking Alpha) These developments have naturally discredited my prior Buy ratings for DKNG, with it apparent that the market remains unconvinced about their profitable growth prospects, despite the robust FY2025 performance and the promising FY2026 guidance. Part of the headwinds may be attributed to the growing consumer adoption of " federally regulated prediction market platforms and related exchange-style products." For example, Kalshi already reports annualized revenues of $1.3B, or the equivalent of ~16% of DKNG's annualized FQ4'25 revenues, despite the nascency of the former's popularity since the US presidential election in 2024. With Kalshi boasting 5.1M monthly active users as...
AlexLMX/iStock via Getty Images By Mandy Xu Cross-Asset Volatility : Implied volatilities were mixed last week as investors weighed the impact of the ongoing Iran war. Oil volatility collapsed as oil prices stabilized, with WTI 1M implied vol down over 40 pts to 72% and trading below realized vol (at 85%) for the first time since the war started. Interest rate volatility gained the most across ass...
AlexLMX/iStock via Getty Images By Mandy Xu Cross-Asset Volatility : Implied volatilities were mixed last week as investors weighed the impact of the ongoing Iran war. Oil volatility collapsed as oil prices stabilized, with WTI 1M implied vol down over 40 pts to 72% and trading below realized vol (at 85%) for the first time since the war started. Interest rate volatility gained the most across asset classes, with the VIXTLT Index up 12 pts to 117 bps vol, as rate cut expectations diminished following the FOMC meeting. In fact, markets are now pricing in ~30% probability of a rate hike by year-end (vs. pricing in 1 full cut a week ago and 2.5 cuts a month ago). Gold volatility increased as the precious metal sold off, down over 10% last week as real yields spiked. Despite gold’s reputation as an inflation hedge, its track record has been rather poor in recent years. In 2022, gold fell over 20% from the highs as inflation surprised to the upside. Positioning in the gold options market has also shifted notably in recent weeks as inflation risk has become more pronounced, with demand for puts increasing. After being persistently inverted over the past year (i.e., calls trading at a premium to puts), GLD skew has steepened to a 1-year high, with puts now trading at a premium to calls (Exhibit 2). The unreliability of traditional safe havens (e.g., bonds and gold) in recent years is a key reason behind the rise in options-based ETFs, particularly buffer ETFs, as investors turn to options for portfolio protection (for more, see our “Beyond 60/40” paper ). FLEX options, which are used in the buffer ETFs to give the defined outcome, have grown in popularity, with a record 4.1M contracts trading on Friday (5% of total market volume). Equity Volatility : Last week was another “spot down, vol down” week, with the SPX® Index down 1.9% and the VIX® Index down 0.4 pt to 26.8%. The decline in the VIX Index was primarily a result of lower fixed strike vols as well as the continued f...
AnthonyRosenberg/iStock Unreleased via Getty Images HP ( HPQ ) revealed a new line-up of high-performance PCs capable of supporting up to four of Nvidia's ( NVDA ) RTX Pro 6000 Blackwell Max-Q Workstation Edition GPUs today at its Imagine 2026 conference. The HP Z8 Fury G6i workstation is built for high-performance computing, AI development, visual effects, and simulation workloads. With the HP ZB...
AnthonyRosenberg/iStock Unreleased via Getty Images HP ( HPQ ) revealed a new line-up of high-performance PCs capable of supporting up to four of Nvidia's ( NVDA ) RTX Pro 6000 Blackwell Max-Q Workstation Edition GPUs today at its Imagine 2026 conference. The HP Z8 Fury G6i workstation is built for high-performance computing, AI development, visual effects, and simulation workloads. With the HP ZBoost, it can also share GPU resources with other computers. "HP Z workstations are built to equip the best and brightest professionals with the tools they need for specialized workflows and AI at the edge, while giving IT decision makers the ability to scale performance responsibly," said Jim Nottingham , SVP and Division President of HP's Advanced Compute Solutions. HP also released what it calls mobile workstations with the HP ZBook X G2i, HP ZBook 8 G2i, and ZBook 8G2a. The HP ZBook X is the world's most powerful 16" mainstream mobile workstation and features powerful 3000-level graphics and 128GB RAM, according to HP. HP collaborated with Intel ( INTC ) and Autodesk ( ADSK ) to enable architects and engineers to run complex, multi-software workflows wherever required on the new devices. The new workstations and laptops are expected to be available in April. Prices will be revealed closer to the release date. For gaming, HP also highlighted the new HyperX OMEN MAX 45L, which is its most powerful Intel-powered gaming desktop. It was engineered for extreme performance, advanced cooling, and long-term upgradability. It broadens OMEN AI support to more PC titles, including Minecraft, Roblox, and Marvel Rivals, enabling one-click performance optimization that intelligently tunes operating system, hardware, and game settings to improve frame rates. HP revealed the HyperX OMEN 35L as well. The 45L is powered by an Intel Core Ultra 7 processor 270K Plusii to deliver up to 10% more gaming performance over the previous generation , the NVIDIA GeForce RTX 5090 GPUii with up to 128 ...
RiverNorthPhotography With no analyst consensus to anchor expectations, the options market is the only price discovery mechanism available going into GameStop's ( GME ) Q4 report—and it's telling a story that goes well beyond the quarterly numbers. GameStop shares closed at $23.03 on Monday, with the March 27 options chain pricing in a move of roughly 7-8% in either direction by Friday's expiratio...
RiverNorthPhotography With no analyst consensus to anchor expectations, the options market is the only price discovery mechanism available going into GameStop's ( GME ) Q4 report—and it's telling a story that goes well beyond the quarterly numbers. GameStop shares closed at $23.03 on Monday, with the March 27 options chain pricing in a move of roughly 7-8% in either direction by Friday's expiration. Without enough analysts covering the stock to generate consensus estimates, there is no beat or miss to anticipate in the conventional sense. The earnings reaction will be driven by what CEO Ryan Cohen says, or doesn't say, about his ambitions to transform GameStop into a Berkshire Hathaway-style acquisition platform. The options lean is bullish — but the $25 calls tell a specific story The call side dominates the chain with clear conviction. The $25 call is the single most active strike in the entire chain, with 9,355 contracts traded and 10,374 in open interest — sitting roughly 8.5% above Monday's close and comfortably outside the implied move range. The $23.50 and $24 calls also saw heavy activity, with 7,517 and 5,417 contracts respectively. Put activity is comparatively subdued. The $22 put saw 4,478 contracts and the $22.50 put 4,168 — meaningful but clearly secondary to the bullish positioning above the current price. The concentration at the $25 call takes on added significance given Cohen's recently stated M&A ambitions . Traders buying those calls may be less interested in the quarterly figures than in any color the report provides on deal timing, financing, and potential targets. The $30 calls: betting the company Even more striking is the open interest at the $30 call — 10,668 contracts at a strike roughly 30% above the current stock price. Positioned well beyond any reasonable earnings-driven move, these look less like a short-term earnings play and more like a longer-term bet on Cohen's acquisition strategy paying off dramatically. That framing is reinforc...
Key PointsGregg C. Sengstack, a director at Mueller Water Products, purchased 25,000 shares of common stock in an open-market transaction on Feb. 25, 2026, at an average price of approximately $29.58 per share.
Key PointsGregg C. Sengstack, a director at Mueller Water Products, purchased 25,000 shares of common stock in an open-market transaction on Feb. 25, 2026, at an average price of approximately $29.58 per share.
Wheat is showing slight strength on Tuesday morning. The wheat complex started the week with losses across the three markets on Monday. Chicago SRW futures were 2 ¾ to 7 ½ cents lower. Open interest was down 1,680 contracts on Monday. KC HRW futures were fractionally to 3 cents in...
Wheat is showing slight strength on Tuesday morning. The wheat complex started the week with losses across the three markets on Monday. Chicago SRW futures were 2 ¾ to 7 ½ cents lower. Open interest was down 1,680 contracts on Monday. KC HRW futures were fractionally to 3 cents in...
Centrus Energy Corp. (NYSE:LEU) is one of the top nuclear energy stocks to invest in for the next 5 years. On March 12, 2026, Centrus Energy said it partnered with Palantir Technologies Inc. to use Palantir’s Foundry and Artificial Intelligence Platform in support of Centrus’ multi-billion-dollar expansion of uranium enrichment capacity in Piketon, Ohio. The […]
Centrus Energy Corp. (NYSE:LEU) is one of the top nuclear energy stocks to invest in for the next 5 years. On March 12, 2026, Centrus Energy said it partnered with Palantir Technologies Inc. to use Palantir’s Foundry and Artificial Intelligence Platform in support of Centrus’ multi-billion-dollar expansion of uranium enrichment capacity in Piketon, Ohio. The […]
Tesla turned around its performance in Europe in February. In February, new vehicle registrations for Tesla's rose 11.8%, after having fallen 17% the previous month, according to data from the European Automobile Manufacturers Association (ACEA) released Tuesday. Meanwhile, the Chinese EV maker BYD saw new vehicle registrations rise 162.3% in February.
Tesla turned around its performance in Europe in February. In February, new vehicle registrations for Tesla's rose 11.8%, after having fallen 17% the previous month, according to data from the European Automobile Manufacturers Association (ACEA) released Tuesday. Meanwhile, the Chinese EV maker BYD saw new vehicle registrations rise 162.3% in February.
The ongoing global turmoil and end of the earnings season have brought the market to a mixed trajectory. Investors are concerned about the global disruptions and their impact on stocks, while the earnings season brought worries about the growing corporate spending on artificial intelligence. Oil prices are hitting new highs, there are inflationary pressures, and ... Wall Street Thinks These 5 Stoc...
The ongoing global turmoil and end of the earnings season have brought the market to a mixed trajectory. Investors are concerned about the global disruptions and their impact on stocks, while the earnings season brought worries about the growing corporate spending on artificial intelligence. Oil prices are hitting new highs, there are inflationary pressures, and ... Wall Street Thinks These 5 Stocks Could Be the Next Big Winners
A newly-listed closed-end fund has soared more than 1,200% above its net asset value since its debut last week, as investors eager for stakes in IPO-bound companies such as SpaceX and Anthropic PBC push the vehicle’s market capitalization far beyond the estimated worth of its holdings. Shares in the Fundrise Innovation Fund , listed under the symbol VCX, climbed as much as 36% to $230 each on Tues...
A newly-listed closed-end fund has soared more than 1,200% above its net asset value since its debut last week, as investors eager for stakes in IPO-bound companies such as SpaceX and Anthropic PBC push the vehicle’s market capitalization far beyond the estimated worth of its holdings. Shares in the Fundrise Innovation Fund , listed under the symbol VCX, climbed as much as 36% to $230 each on Tuesday — just their fourth day of trading — and were halted twice for volatility, in an echo of the meme stock era. With the majority of the fund’s shares subject to a lockup agreement, investors bid the small amount that’s available more than 13 times above its recent net asset value per share of $18.97. The fund, which also owns shares in OpenAI Inc. , Anduril Industries Inc. , Databricks Inc. and Ramp Inc. , proposed becoming a publicly listed closed-end fund nearly five years after starting operations, in order to create potential value and increase liquidity, according to its filings with the US Securities and Exchange Commission. For the fund’s roughly 100,000 investors who bought prior to the market debut, VCX shares acquired before Feb. 20 are restricted from being sold for six months after the listing, the filings show. Fundrise Innovation has about $679 million in assets under management, and more than 10% of the fund is not locked up, according to a spokesperson. The question now for prospective buyers is whether its massive trading gains reflect a shared belief that the hot startups VCX holds will command even higher valuations once they go public, or a craze that will prove short-lived when the lockup expires, if not sooner. Read More: Is SpaceX Worth $1.75 Trillion? Key Questions for Musk’s Big IPO “With the implied valuations when you have this premium, your upside is gone,” said Jack Shannon, equity strategies principal at Morningstar Inc. “Clearly, it’s going to attract some meme crowd and get some high octane trading. But if someone is in this for the long te...
Lam Research Corporation (NASDAQ:LRCX) is one of the stocks highlighted in Jim Cramer’s latest Mad Money recap as he provided top stock insights. A caller sought Cramer’s opinion on the stock, and he replied: Oh yeah, yeah, yeah, yeah. I agree. Lam is the winner of what happened in Micron. People didn’t seem to notice. […]
Lam Research Corporation (NASDAQ:LRCX) is one of the stocks highlighted in Jim Cramer’s latest Mad Money recap as he provided top stock insights. A caller sought Cramer’s opinion on the stock, and he replied: Oh yeah, yeah, yeah, yeah. I agree. Lam is the winner of what happened in Micron. People didn’t seem to notice. […]
NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks highlighted in Jim Cramer’s latest Mad Money recap as he provided top stock insights. Cramer mentioned the company’s valuation, as he commented: Why did we put money to work for the Charitable Trust yesterday, but nothing today? Because investing purely on the basis of being a contrarian […]
NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks highlighted in Jim Cramer’s latest Mad Money recap as he provided top stock insights. Cramer mentioned the company’s valuation, as he commented: Why did we put money to work for the Charitable Trust yesterday, but nothing today? Because investing purely on the basis of being a contrarian […]
Stagwell's digital transformation network was recognized in the Advertising and Marketing category for building the infrastructure that turns AI ambition into business transformation. NEW YORK, NY / ACCESS Newswire / March 24, 2026 / Code and Theory, ...
Stagwell's digital transformation network was recognized in the Advertising and Marketing category for building the infrastructure that turns AI ambition into business transformation. NEW YORK, NY / ACCESS Newswire / March 24, 2026 / Code and Theory, ...