DraftKings has fired a significant salvo in its U.S. sports betting battle with FanDuel and others. The sports betting industry leader announced Wednesday it has reached an agreement to acquire microbetting technology company Simplebet, Inc. In the release, DraftKings confirmed that the company intends to incorporate Simplebet’s proprietary live betting offering into its existing technology platform, enabling the Boston-based sports betting operator to offer a superior live betting experience.

DraftKings reaches agreement to acquire microbetting provider Simplebet

PYMNTS

Within an open banking environment, advances like pay by bank are transforming money movement. At its core, pay by bank allows consumers to make payments directly from their bank accounts, bypassing traditional intermediaries such as credit card networks, Trustly Chief Revenue Officer Frederick Crosby told PYMNTS. The process could transform the payment landscape by reducing friction for consumers and merchants.

Trustly CRO Says Pay-by-Bank Solutions Benefit From Regulation and Shifting Consumer Preferences

The Motley Fool

How could the stock double again in 3 years?

Where Will Nvidia Be in 3 Years?

Nvidia is one of the largest companies in the world with a market cap of $2.8 trillion. Alphabet can surpass its market cap due to increases in digital advertising and cloud computing. Amazon has plenty of room to grow in e-commerce and cloud computing while expanding profits margins. There are...

Prediction: These 2 Stocks Will Be Larger Than Nvidia by 2030

The crypto market is experiencing notable shifts as altcoins rally, with Cardano trying to reach the $0.40 mark, while Aptos boasts a staggering 326 million daily transactions, driven by a surge in network activity. However, while these developments are noteworthy and these coins try to create a significant impact, BlockDAG is quietly transforming the space with its X1 Miner App, which has over 100,000 active users!

BlockDAG’s X1 Mobile Mining App Gains Over 100,000 Active Users! Insights on Cardano’s Price Prediction & Aptos’ Transactions

Buy now, pay later (BNPL) firm Sezzle plans to have WebBank serve as its exclusive bank to originate and finance products offered through the Sezzle platform, including its Pay-in-2 and Pay-in-4 products. The two companies entered into a strategic partnership program by executing a loan and receivables sale agreement and...

WebBank to Serve as Sezzle’s Exclusive Bank

Visa has launched a cross-border business payments partnership with London-based FinTech Revolut. The collaboration, announced Tuesday (Aug. 27), allows instant card transfers for Revolut’s business customers via the Visa Direct system. “International transfers for businesses have traditionally come with a list of requirements that can differ per country, from...

Visa and Revolut Form Cross-Border Business Payments Pact

Florida State

Meena Bakhai is a first-generation immigrant from rural India who taught herself to trade stocks while raising her family in South Florida. Her initial investment of $10k at $0.37 per share has skyrocketed and changed her life in ways she never imagined.

The Nvidia Effect: Florida mom turned trader

This all-important figure provides the most complete picture of Nvidia's health and that of the artificial intelligence (AI) revolution.

Forget Revenue and Net Income: This Is the Critical Metric to Look for When Nvidia Reports on Aug. 28

Upstart is gearing up for a convincing return to growth, and that could propel a recovery in its stock price.

1 Unstoppable Artificial Intelligence (AI) Stock Down 90% It's Time to Buy on the Dip

The Federal Trade Commission took legal action against child and older adult care platform Care.com. The FTC alleged that Care deceived caregivers about the availability of jobs and the amount they could expect to earn, while also failing to offer families looking for care a simple way to cancel their paid subscriptions to the platform, according to a Monday (Aug. 26) press release.

FTC Accuses Care.com of Misleading Job-Seeking Caregivers

During a CNBC interview, Wedbush Securities analyst Dan Ives called artificial intelligence (AI) the fourth industrial revolution. He drew parallels between the burgeoning AI market, the creation of the internet in 1995, and the launch of the iPhone in 2007. Ives expects an "AI spending tidal wave" to supercharge the technology sector in the coming years.

A Once-in-a-Decade Investment Opportunity: 2 Artificial Intelligence (AI) Stocks to Buy Now

TheStreet

The S&P 500 has climbed 17% year to date.

Morgan Stanley reveals top stock picks, including Nvidia

24/7 Wall St.

Big Data is big business. According to platform provider Edge Delta, the market for data services is projected to grow from $220.2 billion in 2023 to $401.2 billion by 2028 — an increase of 82.2%. Palantir Technologies Inc. (NYSE: PLTR) is a major player in the space. The company was co-founded by entrepreneur and venture capitalist […]
The post Palantir Technologies (PLTR) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St..

Palantir Technologies (PLTR) Price Prediction and Forecast 2025-2030

Meta Platforms 24/7 Wall Street Insights Meta Platforms is the second best Magnificent Seven performing stock in 2024 to date after Nvidia . Meta Platforms has committed up to $40 billion CapEx for 2024 dedicated to R&D to expand its AI capabilities. Early AI functions show promise, and Meta’s 2Q 2024 financials blew away analysts’ […]
The post Missed Out on NVIDIA’s Run-Up? This Is the Best “Magnificent 7” Stock To Buy Now appeared first on 24/7 Wall St..

Missed Out on NVIDIA’s Run-Up? This Is the Best “Magnificent 7” Stock To Buy Now

Nvidia and AMD are two significant players in the semiconductor industry, often compared for their innovative contributions and market performance, particularly in artificial intelligence (AI). As the demand for AI technology grows, investors want to know which company offers more upside potential. AMD has made significant strides in the semiconductor space, primarily through its advancements in CPU and GPU technologies.

Nvidia earnings report sparks investor interest

Palantir just reported another stellar quarter of robust growth that validates its long-term opportunity. Microsoft is enjoying momentum as it rolls out Copilot and other AI services across its business. These stocks can help you cash in on this burgeoning new industry. The adoption of artificial intelligence (AI) promises to...

2 Artificial Intelligence Stocks You Can Buy and Hold for the Next Decade

Strong growth and secular tailwinds should help drive this tech titan to new heights.

Meet the Supercharged Growth Stock That Could Join Apple, Microsoft, and Nvidia in the $3 Trillion Club by 2031

Nvidia CEO Jensen Huang has confirmed that the supply of their new Blackwell chips will be ample. Huang says that production is accelerating to meet the increasing demand, following initial production challenges. Production Adjustments and Yield Improvements. The early production issues with the Blackwell chips were addressed through adjustments to...

Nvidia CEO Jensen Huang Discusses Blackwell Chip Manufacturing Struggles

Palantir Technologies (NASDAQ:PLTR) is a company that’s been on a roll this year. Shares of PLTR stock have roughly doubled since the beginning of the year, and have been on a more recent roll. In fact, the company’s stock price surged more than 11% after the company announced an impressive collaboration with Microsoft (NASDAQ:MSFT) to deliver enhanced analytics […]
The post This 1 Stock Is the Hottest Way to Play the AI Rally appeared first on 24/7 Wall St..

This 1 Stock Is the Hottest Way to Play the AI Rally

NewsBreak

DraftKings to Enhance In-Play Betting Offering With Simplebet Acquisition

Digital sports entertainment and gaming company DraftKings plans to enhance its in-play betting offering by acquiring Simplebet. The proposed transaction has been approved by the boards...

DraftKings to Enhance In-Play Betting Offering With Simplebet Acquisition

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