DraftKings Downgraded to Hold: Prediction Markets and Rising Costs Hit Hard
Argus downgrades DraftKings to Hold from Buy amid high customer costs, rising state taxes, prediction market rivalry, and U.S. gaming market share losses.
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Peloton Heads to the Gym: New Commercial Series Brings Durable Bike & Treadmill to High-Traffic Locations
Peloton unveils its Commercial Series for gyms – tough new bikes and treadmills combining Precor durability with Peloton's digital classes. Part of the company's push to expand and turnaround its business.
Ulta Beauty Stock Drops After Cautious 2026 Guidance Despite Strong Q4 Beat
Ulta Beauty beat holiday sales goals but gave lighter guidance for 2026 than Wall Street wanted, sending shares down 8% after hours.
Fertitta Edges Icahn: Exclusive Talks to Buy Caesars for $7B
Billionaire Tilman Fertitta leads exclusive talks to acquire Caesars Entertainment at ~$34/share, topping Carl Icahn's rival bid in a potential $7B casino deal.
Papa John's Gets Fresh Takeover Offer: Qatari-Backed Irth Eyes $47/Share Deal
A Qatari-backed investment fund, Irth Capital Management, has bid $47 per share to buy Papa John's pizza chain, valuing it at ~$1.5 billion—a big premium over its recent stock price amid ongoing takeover interest.
Pokémon Pokopia: The Cozy Hit That's Selling Out and Skyrocketing Nintendo Shares
Pokémon Pokopia, a cozy Animal Crossing-style life sim for Switch 2, is selling out at retailers and sending Nintendo shares up 6% in the U.S.