Cathie Wood's suite of tech-centric investment funds has been dumping large sums of sports betting firm Draftkings Inc (NASDAQ:DKNG) stock as the kneejerk reaction to Disney's venture into sports bett
PENN Entertainment stock spiked 20% on Wednesday after announcing a $2 billion deal with ESPN. The company will partner with ESPN to launch ESPN Bets, a new US-based sports-betting platform.
Penn Entertainment Inc. followed up its announcement of a deal with ESPN with a second-quarter report in which profit and revenue rose above expectations, as strength in its food, beverage and hotel b
Jessica Reif Ehrlich, Bank of America Securities senior U.S. media and entertainment analyst, joins 'Squawk Box' to discuss ESPN's $1.5 billion deal with Penn Entertainment to rebrand Barstool Sportsb

5 Things to Know Before Markets Open

07:40am, Wednesday, 09'th Aug 2023
Shares of Penn Entertainment surged after it struck a branding deal with ESPN and shares of online loan provider Upstart dove after its lower-than-expected quarterly revenue forecast. Here's what inve
Shares in sports gambling names have fallen in the wake of Penn's $2 billion deal for ESPN rights.
CNBC.com's Alex Sherman previews Disney's quarterly results and the key metrics investors will be watching.
7:00am: US markets set to recoup some of Tuesday's falls Equities in the US look set to rally when trading gets under way in New York as investors look ahead to earnings from Disney and tomorrow's key
Marqeta Inc.‘s stock MQ, -1.00% was surging 19% after the company, which makes card-issuing technology, addressed a major investor overhang as it announced a deal renewal with Block Inc.‘s SQ, -2.
Disney will have the attention of many investors come Wednesday when it puts outs its latest set of quarterly results. FOX Business takes a look at some top issues for investors.
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
Mike Khouw, Optimize Advisors president, joins CNBC's Melissa Lee and the Options Action traders to talk Disney ahead of earnings.
Casino owner PENN Entertainment has dropped Barstool, the sports website, agreeing to a $2 billion dollar deal with ESPN to create ESPN Bet.
Dave Portnoy is taking back the reins at Barstool Sports buying back the media company from Penn Entertainment (NASDAQ:PENN), as a side-deal to the casino and betting group's market-shaking new team-u

Disney looks to AI to possibly cut costs

06:25pm, Tuesday, 08'th Aug 2023
Disney is exploring opportunities for artificial intelligence with a newly-launched task force, unnamed sources told Reuters. The company set up the group in 2023.
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