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How much the Illinois sports betting tax could cost operators

Shares of sportsbook operators DraftKings (DKNG), FanDuel parent company Flutter Entertainment (FLUT), and MGM Resorts (MGM) are hard pressed on Monday after Illinois lawmakers passed a tax on sports bets. Citizens Senior Equity Research Analyst Jordan Bender comes on Asking for a Trend to discuss what this new tax could cost sports betting platforms in the long run. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.

Yahoo Finance Video 34 minutes ago

DKNG

MGM

FLUT
Applied Digital & CoreWeave, Dell, solar stocks: Trending Tickers

Applied Digital (APLD) announced a $7 billion deal with CoreWeave (CRWV), securing long-term lease agreements for AI data centers. Dell Technologies (DELL) and CDW (CDW) shares slip on a Wall Street Journal report that the White House is cutting down on employing tech contractors on the federal level. Energy stocks, such as First Solar (FSLR), Sunrun (RUN), and Plug Power (PLUG), are seeing declines after the US Department of Energy announced it will be canceling $3.7 billion worth of taxpayer funding for clean energy projects To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

Yahoo Finance Video 2 hours ago

APLD

DELL

CDW
Auto stocks, Applied Digital-CoreWeave deal, solar stocks fall

Yahoo Finance host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute, including shares of automakers reacting to President Trump's proposed tariffs on steel imports, Applied Digital (APLD) and CoreWeave (CRWV) striking a deal around AI data centers, and clean energy stocks falling in Monday's session. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.

Yahoo Finance Video 5 hours ago

RUN

SEDG

APLD
Sanofi to acquire Blueprint Medicines, Boeing upgrade

Here are some of the stocks on the move on Monday, June 2. Blueprint Medicines (BPMC) shares are soaring after Sanofi (SNY) agreed to acquire the company for up to $9.5 billion. Boeing (BA) shares were upgrade to Buy from Neutral at Bank of Bank of America. Learn more about the call in the video above. To watch more expert insights and analysis on the latest market action, check out more Wealth here.

Yahoo Finance Video 7 hours ago

BPMC

SNY

SNYNF
Tesla EU sales, FDA & Moderna, DraftKings: Trending Tickers

Tesla (TSLA) sales were mixed in Europe during May. Its sales in Norway more than tripled, while sales in France, Sweden, Denmark, the Netherlands, and Spain declined. The US Food and Drug Administration (FDA) approved Moderna's (MRNA) new COVID-19 vaccine, sending the pharmaceutical giant's stock higher. DraftKings (DKNG) stock is under pressure following news that Two Sigma Advisers lowered its stake in the company and after Illinois lawmakers passed a sports-betting tax increase. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

Yahoo Finance Video 8 hours ago

TSLA

MRNA

DKNG
Nvidia rival Groq makes a bold prediction on what's next for AI

The next big breakthrough in AI isn't too far off, says one industry expert at the ground floor of tech innovation.

Yahoo Finance 9 hours ago

AMZN

CSCO

GOOG
Dow Jones Futures: Stocks Close Strong; Meta, These Gold Plays Break Out

The Nasdaq led modest gains Monday, shrugging off global headwinds. Meta and several gold stocks broke out. Nvidia teased a buy point.

Investor's Business Daily 7 minutes ago

AU

WPM

EGO
Why Broadcom Stock Blew Past the Market on Monday

A top institutional researcher waxed bullish about the broader chip sector in its latest weekly note on the industry. It predicted Broadcom would post strong quarterly results when it reports later this week. A confident and bullish analyst note helped boost sentiment, and power Broadcom to a win over the S&P 500's (SNPINDEX: ^GSPC) 0.4% daily gain.

Motley Fool 26 minutes ago

AVGO

^GSPC

NVDA
Better Artificial Intelligence Stock: Nvidia vs. AMD

Nvidia is the GPU market leader that has created a wide moat through its CUDA software program. Due to their powerful processing speeds, GPUs are now used for a variety of high-power computing tasks, such as training large language models (LLMs) and running AI inference. The GPU market is basically a duopoly at this point, headed by Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD).

Motley Fool 39 minutes ago

NVDA

AMD
Why Meta Platforms Stock Soared on AI News Today

A media report stated that the company is planning major enhancements for its advertisers. This involves a notable expansion of AI functionalities. Many investors were jumping aboard Meta Platforms (NASDAQ: META) stock on Monday, so much so that the pricey social media company's shares rose by almost 4%.

Motley Fool 40 minutes ago

META
Why Meta Platforms Stock Jumped 18% in May

Meta jumped on a strong earnings report and a thaw in U.S. and China tensions. The social media giant may also be benefiting from trouble at Alphabet. Shares of Meta Platforms (NASDAQ: META) were moving higher last month after the social media giant jumped on a better-than-expected earnings report, and the stock gained again in the second week of May on news of a detente in the trade war between the U.S. and China.

Motley Fool 1 hour ago

META

GOOG
Why Tempus AI Stock Soared 15% Today

Tempus AI was targeted by a short seller last week. Since then, the company has made several announcements that have helped quell doubts introduced by the short report. The company's stock jumped 15% as of market close.

Motley Fool 1 hour ago

TEM

^GSPC
Credo Technology Group Holding Ltd. (CRDO) Q4 Earnings and Revenues Beat Estimates

Credo Technology Group (CRDO) delivered earnings and revenue surprises of 29.63% and 6.27%, respectively, for the quarter ended April 2025. Do the numbers hold clues to what lies ahead for the stock?

Zacks 1 hour ago

CRDO
Northern Dynasty: Third Tranche of Amended Royalty Agreement Completed with Receipt of US$12 Million

VANCOUVER, BC / ACCESS Newswire / June 2, 2025 / Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE American:NAK) ("Northern Dynasty" or the "Company") reports it has received payment of $12 million representing the third tranche investment under the Company's ...

ACCESS Newswire 1 hour ago

NAK
Merck held talks to buy biotech MoonLake for over $3 billion, FT reports

MoonLake's shares rose 19% in extended trading. Merck submitted a nonbinding offer for MoonLake earlier this year, according to the report, which added that the initial approach was rejected but talks could be revived. Merck's approach for MoonLake ahead of late-stage clinical data for its flagship drug puts the biotech on a strong footing to get sold, the report said.

Reuters 1 hour ago

MLTX
Why SAIC Stock Plunged Today

Government contractor Science Applications International (NASDAQ: SAIC) reported disappointing quarterly results, weighed down by the government's efficiency drive. Investors were disappointed, sending SAIC shares down 13% for the day. SAIC is one of the largest so-called "Beltway Bandits" -- defense contractors focused on providing IT and other services to military, intelligence, and civil government customers.

Motley Fool 2 hours ago

SAIC
Why IonQ Stock Soared 47% in May

IonQ shares soared last month as the CEO compared it to Nvidia. The company also got a boost from its first-quarter earnings report and its acquisition of Lightsynq. Shares of IonQ (NYSE: IONQ), a developer of quantum computers and related platforms, were soaring last month, primarily in response to favorable coverage in Barron's, and an article that said it was aiming to be "the Nvidia of quantum computing."

Motley Fool 2 hours ago

NVDA

IONQ-WS

AVGO
These Stocks Are Moving the Most Today: Cleveland-Cliffs, Tesla, GM, Blueprint Medicines, BioNTech, DraftKings, and More

Shares of steel companies soar after President Donald Trump says he will raise tariffs on imported steel to 50% from 25%.

Barrons.com 2 hours ago

STLD

MRNA

BPMC
Sector Update: Health Care Stocks End Higher Late Afternoon

Health care stocks advanced late Monday afternoon, with the NYSE Health Care Index up 0.2% and the H

PREMIUM
MT Newswires 2 hours ago

BNTX
Tempus AI recovers 15% as Wall Street downplays Spruce Point allegations

Investing.com -- Shares of Tempus AI Inc (NASDAQ:TEM) surged 15% on Monday, recovering some of last week’s sharp losses after a short-seller report from Spruce Point Capital triggered a 13% weekly drop. The rebound followed a note from TD Cowen’s Dan Brennan, which downplayed the severity of the concerns raised and characterized the selloff as largely overdone.

Investing.com 2 hours ago

TEM

Performance Overview

Return	6938.TWO	TSEC CAPITALIZATION WEIGHTED ST (^TWII)
YTD	+13.46%	-8.82%
1-Year	+3.72%	-0.81%
3-Year	+96.37%	+26.88%

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How much the Illinois sports betting tax could cost operators

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Performance Overview