DraftKings Inc. - Class A Common Stock (DKNG)

The era of prediction markets has officially shifted from a niche experimental phase into a primary pillar of global finance. As of January 17, 2026, the industry is no longer just a "truth machine" for political cycles; it has become a high-velocity financial engine. Recent data shows the total prediction market industry hit an all-time [...]

Starting January 21, 2026, the landscape of digital information and financial speculation will undergo a seismic transformation. Alphabet Inc. (NASDAQ: GOOGL) has officially announced a major policy shift, reclassifying regulated prediction markets from "gambling" to "financial products." This change allows federally supervised platforms to advertise their services nationwide across Google’s massive search and display network, [...]

As the 2026 legislative session kicks off in Albany, New York has become the epicenter of a national struggle over the legality of "information finance." At the heart of the storm are two competing visions for the state’s regulatory future: a "scorched-earth" prohibition known as the ORACLE Act (Assembly Bill A9251) and a rival regulatory [...]

As we cross the midpoint of January 2026, the landscape of American finance and political discourse has been fundamentally rewritten. What was once a niche corner of the internet for statistics nerds and high-stakes contrarians has become the primary lens through which the public views reality. Today, "market-implied probability" is no longer just a metric; [...]

As the NFL playoffs enter their most high-stakes phase, a clear consensus is emerging not just from the sidelines, but from the high-frequency trading floors of prediction markets. The Seattle Seahawks have officially solidified their position as the favorites to win Super Bowl LX, currently trading at a 25% probability on Kalshi. With the championship [...]

As of January 16, 2026, the United States prediction market ecosystem has shifted from a speculative niche into a cornerstone of the modern financial landscape. Once defined by the volatility of election cycles, the sector is now witnessing an institutional-grade transformation. According to a landmark analysis by Citizens Financial Group (NYSE: CFG) and a detailed [...]

As of January 16, 2026, the landscape of global prediction markets has undergone a seismic shift. For years, the industry was a two-horse race between the offshore, crypto-native Polymarket and the U.S.-regulated, institutional-grade Kalshi. Today, the results are in: the "financialization of sports" has crowned a new king. Driven by the explosive success of its [...]

In the wake of the most heavily traded political event in history, a landmark study from Vanderbilt University has sent shockwaves through the burgeoning prediction market industry. The report, titled "Prediction Markets? The Accuracy and Efficiency of $2.4 Billion in the 2024 Presidential Election," reveals a startling inverse relationship between raw capital and predictive precision. [...]

As the NFL enters the Divisional Round of the playoffs, a quiet revolution is taking place in how fans engage with the gridiron. While traditional sportsbooks are flooded with standard wagers, a new breed of market participant is flocking to Kalshi, the federally regulated event contract exchange. Since its aggressive expansion into sports in early [...]

As the prediction market industry enters a pivotal 2026, a high-stakes legal battle is unfolding that will determine whether these platforms are treated as sophisticated financial exchanges or local gambling dens. At the heart of the conflict is a strategy known as "Federal Preemption," where platforms argue that federal oversight by the Commodity Futures Trading [...]

As the 2026 legislative session kicks off in Albany, the future of the prediction market industry hangs in a delicate balance. New York lawmakers are currently locked in a philosophical and legal tug-of-war over whether these platforms—which allow users to trade on the outcome of everything from elections to interest rate hikes—are sophisticated financial tools [...]

As the dust settles on the hyper-active forecasting cycles of the last two years, a landmark study from Vanderbilt University has sent shockwaves through the prediction market industry. For years, the prevailing wisdom was that "liquidity is king"—that the more money and participants a market has, the more accurate its "crowdsourced wisdom" becomes. However, according [...]

In a seismic shift for the prediction market landscape, Kalshi has officially overtaken Polymarket as the dominant force in the industry. As of early January 2026, Kalshi handled approximately 66.4% of total global trades, a staggering reversal from the crypto-native era of 2024. The surge has been fueled by a combination of federal regulatory approval, [...]

Shares of fantasy sports and betting company DraftKings (NASDAQ:DKNG) fell 7.5% in the morning session after the NCAA called for a federal halt on college sports betting markets. 

As the smoke clears from one of the most unpredictable NFL Wild Card weekends in modern history, the biggest winner isn’t just a team on the field, but a unique prediction model in the cloud. While traditional sportsbooks and Vegas sharps scrambled to adjust lines for veteran-heavy favorites, Manifold Markets, a play-money social prediction platform, [...]

As the NFL post-season enters its most critical stretch, the traditional landscape of sports wagering is facing a paradigm shift. On January 14, 2026, the prediction market industry reached a staggering milestone, processing over $701.7 million in a single day of trading. This record-breaking activity, driven primarily by the high-stakes matchups of the NFL Wild [...]

When the dust finally settled on the 2024 U.S. Presidential Election, the biggest winner wasn't just on the ballot; it was the platform that saw the outcome coming long before the first cable news network called a single swing state. Polymarket, the decentralized prediction platform, didn't just participate in the election cycle—it dominated the narrative, [...]

As of mid-January 2026, the landscape of digital wagering has undergone a fundamental shift. What was once a niche world of political "event contracts" has been swallowed by the behemoth of American sports. Kalshi, the leading CFTC-regulated prediction market, has officially completed its metamorphosis into a financialized sports powerhouse. The catalyst? The late 2025 launch [...]

Shares of fantasy sports and betting company DraftKings (NASDAQ:DKNG) jumped 4.2% in the afternoon session after Wells Fargo upgraded the stock's rating to "Overweight" from "Equal-Weight" and substantially increased its price target. 

As we cross the midpoint of January 2026, the final tallies for the previous year have confirmed a seismic shift in global finance: prediction markets are no longer a niche curiosity for political junkies and crypto-enthusiasts. In 2025, the industry didn't just meet the ambitious $40 billion volume projection set by analysts—it shattered it, recording [...]

While strong cash flow is a key indicator of stability, it doesn’t always translate to superior returns. Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning.

As the NFL transitions into the high-stakes Divisional Round, the dust is still settling on a Wild Card Weekend that defied the expectations of many traditional analysts but was precisely tracked by the "wisdom of the crowd." On social prediction platform Manifold Markets, the high-octane matchups between the Houston Texans and the Pittsburgh Steelers, as [...]

In a significant blow to state-level gambling regulators, a federal judge in Tennessee has temporarily halted the state’s attempt to shut down Kalshi’s sports prediction markets. On Monday, January 12, 2026, Judge Aleta Trauger of the U.S. District Court for the Middle District of Tennessee issued a temporary restraining order (TRO), preventing Tennessee officials from [...]

Most consumer discretionary businesses succeed or fail based on the broader economy. Lately, it seems like demand trends have worked in their favor as the industry has returned 12.3% over the past six months, outpacing S&P 500 by 1.9 percentage points.