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DraftKings Stock Rocketed 215% Higher This Year. Will the Party Continue in 2024?

The Motley Fool

Supreme Court ended the federal ban on sports gambling , allowing states to decide for themselves whether to make sports gambling legal for their residents. Over 20 states have legalized online sports betting with tens of billions of dollars spent yearly by gamblers betting on football, basketball, and more through these online portals.

Legal 245
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Why DraftKings Rocketed 209% in 2023, and What's in Store for 2024

The Motley Fool

In 2023, Fox quit the online sports betting business and DraftKings took share On industry consolidation, it appears as though DraftKings' first-mover position in legal U.S. Even large, public companies hoping to get into this newly legal industry have bowed out, with Fox Corporation (NASDAQ: FOX) being the latest casualty.

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Will 3M's High-Yielding Dividend Face the Same Fate as Walgreens' Once-Mighty Payout?

The Motley Fool

The company also plans to reduce capital expenses by around $600 million while targeting about $1 billion in operational cost savings to further improve its financial situation. The main factor causing concern is the company's legal issues. Is 3M in a similar predicament? However, the unit generated $8.4

Legal 130
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Warren Buffett Calls This Metric "Worse Than Useless," but Everyone Uses It. Here's How to Make Yourself a Smarter Investor.

The Motley Fool

He noted how something looks off with the changes in net income, so even though a public company has fulfilled its legal duty by reporting "this worse-than-useless 'net income' figure" according to regulations, it makes him uncomfortable. Metric 2021 2022 2023 Net income (loss) $89.9 billion ($22.8 billion) $96.2 billion $30.9

Investors 246
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Nvidia Stock Is Like Cisco Stock Before the Dot-Com Crash? There Are Big Holes in This Theory

The Motley Fool

The company went public in 1999. Studies support the theory that stocks of public companies run by founder-CEOs tend to perform better over the long term than those run by non-founders. Qualitative Metric Cisco Systems Late 1990s Nvidia Now Run by a founder-CEO?

Education 246
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92 Billion Reasons Amazon Can Become the Largest Publicly Traded Company by 2027

The Motley Fool

Throughout history, the combination of innovation, competitive forces, legal decisions, and acquisitions has consistently fueled change atop Wall Street's leaderboard. In 1980, eight of the top 10 largest publicly traded companies in the U.S. In 1980, eight of the top 10 largest publicly traded companies in the U.S.

Companies 242
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This Waking Giant Could Become a $2 Trillion Stock by 2030

The Motley Fool

Future monetization levers Meta can pull Meta is arguably a legal monopoly of social media platforms. Zuckerberg's patience in how Meta is monetized sets up the company and investors for compelling opportunities to generate growth over the coming years. Facebook is generating $9.62 Could Meta be a $2 trillion stock?

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