$DKNG The Big Driver: Prediction Market Momentum
The dominant catalyst is DraftKings' newly filed Form 8-K, which reveals substantial traction in its nationwide prediction-markets platform (competing in the space popularized by platforms like Kalshi and Polymarket).
The Metrics:
For May, the platform generated $1.3 billion in annualized consumer volume, marking a 24% month-over-month surge. Total annualized volume traded climbed 34% to $3.1 billion.
#Stocks #Trading
Kenya's tax authority can now demand proof that dividends are paid out of already-taxed profits. If companies can't show that, KRA can tax those dividend payments.
Get rid of these from your chart right now:
1. RSI
2. MACD
3. Bollinger Bands
4. Moving averages
5. Fibonacci retracements
6. Stochastic oscillators
7. Volume profile
8. VWAP
9. Elliott Wave Theory
10. Any indicator from a retail trading book 📉
$BTC LISTEN UP
I don't know who needs to hear this
But I am gonna say it
WAVE 2 HOLDING SUPPORT ON THE 200 WMA AND IN BETWEEN THE 0.5 - 0.618 FIB RANGE
IS AS STANDARD AS YOU'LL GET FOR WAVE 2
IT COULD NOT BE MORE PERFECT
THIS IS WHERE YOU ADD, NOT SELL.
AI costs are totally spiraling out of control for businesses.
Can't wait for the next batch of quarterly earnings—companies are gonna be crying about blown AI budgets. Mark my words.
OpenAI just shared how they see the future of AI.
Three big goals, and one deadline really stands out.
Goal 1: Build an automated AI researcher — with a target for a big chunk of their own research to be done by AI plus humans by March 2028.
Goal 2: Boost the economy t
Okay, take a look at this. The Unusual Whales Kafka Streaming tool is perfect for high-speed event streaming with institutional-quality market data. Absolutely essential. Check it out here: https://t.co/Eqwi8ccHqU
Iran’s oil exports are crashing hard 🇮🇷📉
In May they only shipped about 209k barrels a day of crude and condensate—lowest since early 2020. That’s an 84% drop from April’s 1.34 million and 89% down from March’s 1.9 million.
China’s imports of Iranian crude fell to
US job growth blew past expectations in May (+172K vs +88K est), so all eyes are back on inflation now. The May CPI report drops Wednesday and is projected to jump 4.2% year-over-year—the highest in over three years. Core CPI? Expected at +2.9% annually and +0.3% monthly, down