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Latest financial and economic news and analysis

PYMNTS News Agency
23 hours ago•PYMNTS
Stocks Medium Importance Neutral
DraftKings' Prediction Markets Push Is Reshaping Its National Growth Strategy

DraftKings' Prediction Markets Push Is Reshaping Its National Growth Strategy

DraftKings is positioning itself not simply as a sportsbook operator, but as a nationwide sports commerce platform capable of acquiring, engaging and monetizing customers across multiple products. As company executives stressed to investors during a second-quarter 2026 earnings call Friday (Aug. 7), prediction markets are becoming central to that ambition.

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Source: PYMNTS
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Seeking Alpha News Agency
23 hours ago•Seeking Alpha
General Medium Importance Neutral
Gladstone Investmet: The NAV Dipped And I'm Still Buying

Gladstone Investmet: The NAV Dipped And I'm Still Buying

Gladstone Investment remains a buy despite a 3.2% NAV decline, with strong adjusted net investment income supporting monthly distributions. Gladstone's concentrated portfolio of 29 companies increases both risk and reward, but recent capital deployment and new investments should drive improved results next quarter. The current dividend yield is 5.7%, well-covered by $0.26 per share adjusted net investment income, with potential for supplemental distributions by year-end.

Source: Seeking Alpha
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Seeking Alpha News Agency
23 hours ago•Seeking Alpha
Stocks Medium Importance Neutral
Akamai Technologies: Strong AI-Led Growth, Turbulent Profitability

Akamai Technologies: Strong AI-Led Growth, Turbulent Profitability

Akamai Technologies, Inc. reported Q2 results nearly in line with Wall Street's expectations. Growth remains good, mixed between slowing Delivery revenues but an accelerating outlook in the CIS segment. AKAM's margin pressure has continued, accelerated by upfront CIS investments.

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Source: Seeking Alpha
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GlobeNewsWire News Agency
23 hours ago•GlobeNewsWire
Stocks Medium Importance Neutral
ADW Capital Management Sends Letter to Driven Brands Board and Controlling Shareholder Roark Capital Demanding Immediate Public Sale Process for Driven Brands

ADW Capital Management Sends Letter to Driven Brands Board and Controlling Shareholder Roark Capital Demanding Immediate Public Sale Process for Driven Brands

Calls on Company to Launch Public Strategic Review Process Exploring Sale of Company as a Whole or in Segments Urges Board to Announce Establishment of Independent Special Committee to Run Process and Engagement of Independent Financial Advisor Encourages Minority Shareholders to Make Their Voices Heard and Demand that Board Take Immediate Action MIAMI BEACH, Fla., Aug. 07, 2026 (GLOBE NEWSWIRE) -- ADW Capital Management, LLC, which beneficially owns approximately 4.8% of the Common Stock of Driven Brands Holdings Inc. (NASDAQ: DRVN) (the “Company”), issued an open letter to the Company's board of directors and controlling shareholder Roark Capital Group.

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Source: GlobeNewsWire
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Seeking Alpha News Agency
23 hours ago•Seeking Alpha
Stocks Medium Importance Neutral
XSPI: The Sturdier Sibling To XQQI, Still Not A Buy

XSPI: The Sturdier Sibling To XQQI, Still Not A Buy

The NEOS Boosted S&P 500 High Income ETF earns a Hold rating due to regime concerns despite structural advantages over its Nasdaq counterpart. XSPI's ~150% leveraged covered call strategy offers improved upside capture with less volatility drag, benefiting from the S&P 500's broader, less concentrated exposure. XSPI outperforms in bull markets and V-shaped recoveries but struggles in choppy or flat markets where volatility drag and expenses erode returns.

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Crypto Economy News Agency
23 hours ago•Crypto Economy
Cryptocurrency Medium Importance Neutral
weETH Splits From Restaking Amid Intensifying Ethereum Rewards Debate

weETH Splits From Restaking Amid Intensifying Ethereum Rewards Debate

Ether.fi removed restaking from weETH, leaving the token focused on standard Ethereum staking while moving higher-yield, higher-risk restaking exposure into weETHs. The change gives users a clearer choice after weETH previously bundled ordinary staking and restaking risks, exposing every holder to both potential penalty paths.

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Source: Crypto Economy
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GlobeNewsWire News Agency
23 hours ago•GlobeNewsWire
Stocks Medium Importance Neutral
Kaplan Fox Reminds Rackspace Technology, Inc. (NASDAQ: RXT) Investors with Significant Losses to Seek a Leadership Role Before Deadline on September 28, 2026

Kaplan Fox Reminds Rackspace Technology, Inc. (NASDAQ: RXT) Investors with Significant Losses to Seek a Leadership Role Before Deadline on September 28, 2026

Kaplan Fox Alerts Rackspace Technology, Inc. (NASDAQ: RXT) Investors to a Securities Class Action Deadline on September 28, 2026 - Contact Kaplan Fox Today

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Source: GlobeNewsWire
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GlobeNewsWire News Agency
23 hours ago•GlobeNewsWire
Stocks Medium Importance Neutral
Kaplan Fox Encourages GoDaddy Inc. (NYSE: GDDY) Investors to Learn More About the Investigation of Potential Securities Law Violations

Kaplan Fox Encourages GoDaddy Inc. (NYSE: GDDY) Investors to Learn More About the Investigation of Potential Securities Law Violations

NEW YORK, Aug. 07, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against GoDaddy Inc. (“GoDaddy” or the “Company”) (NYSE: GDDY). CLICK HERE TO RECEIVE MORE INFORMATION ABOUT THIS INVESTIGATION If you are a GoDaddy investor and have suffered losses, or if you have information that could assist in the GoDaddy investigation, you may CLICK HERE to contact us.

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Source: GlobeNewsWire
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Newsfile Corp News Agency
23 hours ago•Newsfile Corp
Stocks Medium Importance Neutral
Kaplan Fox Reminds Planet Fitness, Inc. (PLNT) Investors of a Securities Class Action Deadline on September 14, 2026

Kaplan Fox Reminds Planet Fitness, Inc. (PLNT) Investors of a Securities Class Action Deadline on September 14, 2026

New York, New York--(Newsfile Corp. - August 7, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Planet Fitness, Inc. ("Planet Fitness" or the "Company") (NYSE: PLNT) on behalf of investors that purchased or otherwise acquired Planet Fitness securities between November 6, 2025 and May 6, 2026 (the "Class Period"). CLICK HERE TO JOIN THE CASE If you are an investor in Planet Fitness and have suffered losses, you may CLICK HERE to contact us.

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Source: Newsfile Corp
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