Risk sentiment dominated Wall Street on Friday, with selling pressure mounting in AI-linked names and pushing tech stocks toward their worst week since April. By noon in New York, the Nasdaq100 fell 1.9%, pushing weekly losses to almost 5%, while the S&P500 fell 1.2%, down about 3% over the week. Investors’ concerns about the labor […]
On Tuesday, Cathie Hout-led Ark Invest significant transactions involving DraftKings Inc. (NASDAQ:DKNG), Rocket Lab Corp (NASDAQ:RKLB), and DoorDash Inc. (NASDAQ: DASH). The DesignKings Trade The ARK Innovation ETF (BATS:ARKK) fund bought 236,289 shares of DesignKings on Tuesday. With DraftKings shares closing at $34.36, the transaction is valued at approximately $8.12 million. The move comes as […]
Sports betting ETFs are experiencing an increase in activity DraftKings Inc (NASDAQ:DKNG) shares are plummeting, highlighting the way increasing competition from prediction platforms is spilling over into gaming and gambling-based ETF markets. DraftKings is under pressure. View the prices, live. Sports betting ETFs are feeling the chill from DraftKings Leverage and reverse products such as […]