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Stock impact report

Anduril breaks in to the Pentagon big leagues [Fortune]

DraftKings Inc. - Class A (DKNG) 
Company Research Source: Fortune
In keeping with tradition, that meant losing my mind over dramatic moments like this , choosing a doomed underdog in whom to over-invest emotionally (I'll miss you, LeBron Frames ), and eating nachos for dinner on purpose. What I didn't do was bet on the games—and in the era of the smartphone sports-betting app, that makes me an outlier. The American Gaming Association estimates that hoops fans will wager $3.3 billion this year on the men's and women's NCAA basketball tournaments, up 54% since 2023. And that's just counting legal, state-regulated gambling; throw in countless office pools, some 36 million online brackets, and the legal gray area of prediction markets like Kalshi and Polymarket, and the total easily climbs above $10 billion. The three twenty-something finance guys sweating out Michigan's first-round win on Thursday night (trust me, it was close for a while) at the table next to mine in a Manhattan Irish pub clearly had skin in the game. They were also glued to their Show less Read more
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