DraftKings and Flutter Rally After Court Says Sports Prediction Markets Are Just Bets
Ninth Circuit says Kalshi-style sports contracts are sports bets, not federal swaps. DKNG and FLUT rally as Nevada can enforce gaming rules.
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Evercore Lifts Amazon Target to $355 After Survey Shows AI Driving Extra Sales
Survey: 57% of Alexa AI users bought something new. ~39% upside.
GTA 6 Netflix Preview Lifts Take-Two Shares; Analysts Reiterate Overweight Ratings
JPMorgan and Morgan Stanley stay bullish ahead of the Nov. 19 launch.
Nvidia Pauses Some AI Cloud Deals, but SharonAI’s Existing Cluster Looks Safe
Nvidia paused some AI cloud financing deals over antitrust concerns. Lucid says SharonAI’s existing 40,000-GPU cluster remains intact and keeps a Buy rating.
Autodesk Drops as MaintainX Costs Weigh on Near-Term Guidance
ADSK slipped after Autodesk’s Q3 adjusted EPS outlook missed estimates. Q2 beat, full-year sales guidance rose, but MaintainX costs weigh.
Toast Falls After BTIG Flags $10K SMB Bonus as Sign of Competition
Analysts say it highlights pricey software and competition, even though the $30M cap is modest.