SPDR Dow Jones Industrial Average ETF

SPDR S&P 500 ETF Trust

Invesco QQQ Trust Series 1

SpaceX engineers reusable launch vehicles and the Starlink satellite constellation for global broadband. Their focus on rapid reusability and vertical integration drives down launch costs and accelerates space access.

SpaceX PreStocks

Investors are actively debating the legitimacy of a tokenized crypto asset claiming to represent SpaceX, with many warning it is a scam while others speculate on its connection to the company's long-rumored IPO. The community conversation is dominated by intense skepticism regarding unauthorized tokens, contrasted with broader market excitement surrounding SpaceX's expected public debut and its potential impact on space-sector stocks.

Bankr is an advanced AI agent focused on simplifying the process of buying and selling digital assets. Bankr was the first AI agent on Farcaster to help you quickly buy all your favorites coins directly in the social. BankrCoin is the official coin of the agent and was deployed by Bankr itself directly in the Farcaster social feed. Fees from swaps go to support BankrCoin. Bankr is available on Farcaster and will soon be launching a private terminal, token recs, and limit orders on Base.

BankrCoin

BankrCoin is attracting significant attention as investors highlight its role as an AI-powered infrastructure project on the Base ecosystem, with community members actively discussing its long-term potential as an undervalued asset. The sentiment is fueled by consistent development updates from the team and strong ecosystem volume, leading many to hold through market volatility in anticipation of future price appreciation.

Swell

The community is actively debating the potential of Swell, with supporters highlighting its liquid staking utility, institutional backing, and low market cap as key drivers for long-term growth. Conversely, critics frequently dismiss the asset as a speculative project, pointing to recurring price volatility and concerns over supply issuance as reasons for caution.

Phathom Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company, which engages in the development and commercialization of novel treatments for gastrointestinal diseases. The company was founded by Tadataka Yamada, David Socks, Azmi Nabulsi, Aditya Kohli, and Roger Ulrich on January 9, 2018 and is headquartered in Florham Park, NJ.

Phathom Pharmaceuticals Inc

Phathom Pharmaceuticals is trending as investors monitor institutional accumulation and signs of a potential short squeeze amid anticipation of profitability in the coming quarters. The community is actively discussing the drug's strong prescription growth and its long-term potential as an acquisition target for larger pharmaceutical firms.

Uranium Energy Corp. engages in the provision of uranium and titanium mining and related activities, including exploration, pre-extraction, extraction, and processing of uranium concentrates, and titanium minerals. It operates through the following geographical segments: Wyoming, Texas, Saskatchewan, and Others. The company was founded by Alan P. Lindsay and Amir Adnani on May 16, 2003 and is headquartered in Corpus Christi, TX.

Uranium Energy Corp

Uranium Energy Corp is trending as investors focus on its U.S.-based ISR production ramp-up, with community discussions highlighting its potential to capture rising demand from AI-driven data center power needs. The stock is seeing heavy attention amid a broader nuclear energy narrative, as market participants monitor institutional accumulation and upcoming earnings in anticipation of a potential sector-wide squeeze.

ImmunityBio, Inc. is a clinical stage immunotherapy company. It develops next generation therapies that drive immunogenic mechanisms for defeating cancers and infectious diseases. The company's immunotherapy platform activates both the innate and adaptive immune systems to create long term immunological memory. ImmunityBio was founded by Patrick Soon-Shiong in 2014 and is headquartered in San Diego, CA.

ImmunityBio Inc

ImmunityBio is trending following an exclusive U.S. supply agreement for the Tokyo strain of BCG to address the ongoing domestic shortage, a move the community views as a strategic breakthrough that strengthens the company's competitive position against major pharmaceutical players. Investors are actively discussing the potential for accelerated regulatory pathways, the synergy between this supply and Anktiva, and the anticipation of further catalysts being revealed at the upcoming American Urological Association conference.

DEGEN is a reward token for Farcaster users, born from meme culture. It features a unique tipping system that allows the community to reward high-quality content creators. DEGEN also powers the Degen Chain, one of the pioneering Layer 3s launched on Base. Known as the “Las Vegas of blockchains,” it provides a platform for building and using Degen apps, offering a space for fun, innovation, and community-driven experiences.

League of Degens 

The community is actively discussing $DEGEN, pointing to a mix of optimism surrounding potential exchange listings and a new beta app while others express frustration over token performance. Investors remain hyper-focused on upcoming project catalysts and social media branding as they debate whether the token is currently at a critical accumulation phase.

Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. It operates through the following segments: U.S. Copper Mines, South America Operations, Indonesia Operations, Molybdenum Mines, U.S. Rod and Refining, Atlantic Copper, and Corporate and Other. The U.S. Copper Mines segment operates open-pit copper mines in Morenci, Bagdad, Safford, Sierrita, Miami in Arizona and Chino, and Tyrone in New Mexico. The South America Operations segment includes Cerro Verde in Peru and El Abra in Chile. The Indonesia Operations segment handles the operations of the Grasberg minerals district that produce copper concentrate containing significant quantities of gold and silver. The Molybdenum Mines segment includes the Henderson underground mine and Climax open pit mine, both in Colorado. The U.S. Rod and Refining segment consists of copper conversion facilities located in North America and includes refinery and rod mills. The Atlantic Copper segment smelts and refines copper concentrate and markets refined copper and precious metals in slimes. The Corporate and Other segment offers other mining and eliminations, oil and gas operations, and other corporate and elimination items. The company was founded by James R. Moffett on November 10, 1987, and is headquartered in Phoenix, AZ.

Freeport-McMoRan Inc

Freeport-McMoRan is attracting significant attention as investors position for a long-term copper supercycle driven by rising demand from AI infrastructure, electrification, and data center expansion. The community is actively monitoring supply chain constraints and Grasberg mine recovery efforts, while institutional interest remains high as market participants track recent price breakouts and supply-demand imbalances in the global copper market.

Ideal Power, Inc. engages in the development of power converter solutions for photovoltaic generation, grid-storage and electrified vehicle charging. Its products include solar inverters, bi-directional battery, electric vehicle chargers, photovoltaic inverters and battery converters. It is focused on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN) semiconductor technology. The company was founded by William C. Alexander on May 17, 2007 and is headquartered in Austin, TX.

Ideal Power Inc

Ideal Power is trending as investors monitor its progress in commercializing B-TRAN technology, highlighted by the early completion of its first major solid-state circuit breaker design win in Asia. The community is focused on the stock's potential for institutional adoption and institutional validation as it targets a multibillion-dollar market for power semiconductors in data centers, EVs, and renewable energy.

Evolution Metals & Technologies Corp. engages in developing a global supply chain for critical minerals and materials. It focuses on automotive, renewable energy, and military and defense sectors. The company is headquartered in West Palm Beach, FL.

Evolution Metals & Technologies Corp.

Evolution Metals & Technologies Corp. Common Stock

Evolution Metals & Technologies Corp. (EMAT) is gaining momentum as investors weigh its potential as a vertically integrated domestic rare earth magnet manufacturer against concerns regarding its micro-float and high insider ownership. Community discussion is split between excitement over the stock's positioning as a strategic alternative to foreign supply chains and caution regarding its characteristic high volatility and potential for sharp price swings.

statis crypto Watchlist

Bitcoin

Ethereum

Solana

Ripple

Dogecoin

Cardano

statis IN Watchlist

Nifty 50

Nifty Bank

Reliance Industries Ltd.

Zomato Ltd.

Tata Consultancy Services

Tata Motors Ltd.

HDFC Bank Ltd.

ITC Ltd.

Adani Enterprises Ltd

Axis Bank Ltd

Bajaj Finance Ltd

statis US Watchlist

SPDR S&P 500 ETF

Apple Inc.

Tesla Inc

Microsoft Corporation

NVIDIA Corp

 Hey, I want to invite you to join Stocktwits. It’s the largest global community of active traders. You’ll get access to the real-time market insights, news, discussion and much more! You can sign up using my unique link below 
 


 has invited you to join Stocktwits

See Which Recent 13F Filers Hold IWF But Bulltick Wealth Management, and Dominguez Wealth Management Solutions Exited

At Holdings Channel, we have reviewed the latest batch of the 57 most recent 13F filings for the 03/31/2026 reporting period, and noticed that iShares Trust - iShares Russell 1000 Growth ETF (Symbol: IWF) was held by 26 of these funds. When hedge fund managers appear to be think...

Notable ETF Inflow Detected - IWF, AAPL, MSFT, AMZN

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Growth ETF (Symbol: IWF) where we have detected an approximate $260.2 million dollar inflow -- that's a 0.2% increase week over...

<ul class="summary-bullets"><li>KeyBanc analysts highlighted that ServiceNow missed out on some deals in the Middle East during the quarter.</li><li>The firm also stated that the company’s margin guidance is declining due to acquisitions, and that ServiceNow’s current Remaining Performance Obligations were skinnier than usual in Q1.</li><li>Jefferies analysts stated that, following ServiceNow’s Q1 performance, investor sentiment is likely to remain muted until the company’s analyst day on May 4.</li></ul>Shares of ServiceNow Inc. (NOW) fell more than 17% in Thursday morning’s trade, extending the stock’s 2026 losses to over 45% after the company reported its first-quarter (Q1) results on Wednesday after the closing bell.The company&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/service-now-retail-buy-calls-pick-up-as-now-stock-crashes-post-q1-report/cZBfq4nRebU">reported</a> earnings per share (EPS) of $0.97, in line with estimates, while revenue of $3.77 billion beat expectations of $3.75 billion by a whisker.<h2 class="st-heading-2">Wall Street Strikes A Note Of Caution</h2>ServiceNow’s performance during the quarter resulted in a slew of price target cuts. According to TheFly, analysts at Truist warned that the penalty for missteps is severe at a time when frontier AI labs like OpenAI and Anthropic are ramping up their enterprise offerings.The firm lowered its price target for ServiceNow to $120 from $125 while keeping a ‘Buy’ rating. Truist added that the company's reiteration of its guidance on organic subscription revenue left investors wanting more.Analysts at Jefferies also lowered their price target for ServiceNow to $135 from $175, while keeping a ‘Buy’ rating. The firm stated in its note that, following ServiceNow’s Q1 performance, investor sentiment is likely to remain muted until the company’s analyst day on May 4.KeyBanc analysts highlighted that ServiceNow missed out on some deals in the Middle East during the quarter. The firm also stated that the company’s margin guidance is declining due to acquisitions, and that ServiceNow’s current Remaining Performance Obligations (RPO) were skinnier than usual in Q1.KeyBanc slashed its price target for NOW stock to $85 from $115, while keeping an ‘Underweight’ rating.Analysts at BMO Capital echoed similar sentiments, stating that ServiceNow’s current RPO guidance was disappointing. The firm trimmed its price target for ServiceNow to $115 from $120, while maintaining its ‘Outperform’ rating.<h2 class="st-heading-2">ServiceNow Flags Iran War Impact On Subscriptions</h2>ServiceNow stated that subscription revenue in Q1 came in at $3.67 billion, representing 22% year-on-year growth. The company added that this would have been higher if not for tensions in the Middle East, while flagging a 75-basis-point headwind to growth from delayed closings of several large on-premises deals in the Middle East.“There is a slight impact to the guide in going forward in Q2 as a result of the war, because you have to remember, when you're dealing with a sovereign cloud in the Middle East, everything that happens in the Middle East is recognized as on-premise revenue. It's not linear or ratable. It happens all at once,” ServiceNow CEO Bill McDermott said during the earnings call.<h2 class="st-heading-2">How Did Retail Traders React?</h2>Retail sentiment on Stocktwits around&nbsp;<a href="https://stocktwits.com/symbol/NOW">ServiceNow</a> trended in the ‘extremely bullish’ territory with message volumes at ‘extremely high’ levels at the time of writing.One user stated that the NOW stock is still overpriced and added that AI is the future, not software.<stembedurl>https://stocktwits.com/What_Are_Stocks_2/message/651148580</stembedurl><a href="https://stocktwits.com/symbol/NOW">NOW stock</a> is down 45% year-to-date and 47% over the past 12 months. The S&amp;P 500 ETF (SPY) and the Vanguard Total Stock Market Index Fund ETF (VTI) are up 33% over the past 12 months.The Vanguard Growth Index Fund ETF (VUG) is up 37% during this period, while the iShares Russell 1000 Growth ETF (IWF) is up 36%.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/warner-bros-discovery-shareholders-approve-110b-paramount-merger/cZBfzvXReR1">Warner Bros Discovery Shareholders Approve $110B Paramount Merger — CEO Zaslav Calls It A ‘Historic Transaction’</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

In this photo illustration, the logo of ServiceNow, Inc. is displayed on a smartphone screen, with the company's branding visible in the background, on April 20, 2025, in Chongqing, China.

NOW Stock’s Plunge Today Takes 2026 Losses To 45% — Analyst Warns Penalty For Missteps Is Severe As AI Startups Ramp Up Enterprise Offerings

ServiceNow narrowly beat Wall Street expectations in Q1, reporting EPS of $0.97 in line with estimates and revenue of $3.77 billion, slightly above the $3.75 billion consensus.

Equity

Is the Market Turning Risk-On Again? Growth ETFs to Watch

The rebound in the S&P 500 and expectations of resilient earnings signal a risk-on shift. Growth ETFs may be poised for a rebound.

<ul class="summary-bullets"><li>Melinda Zurich, a top communications executive, and Matthew Henick, senior vice president of consumer products, also left the company, as per the report.</li><li>Anna Sayre, who has also worked on marketing at the company for about the same number of years as Colley, will replace him, as per the report.&nbsp;</li><li>Meanwhile, Stocktwits users dismissed the departures.</li></ul>Shares of Trade Desk Inc. (TTD) closed down about 7% lower on Tuesday after reports of three key executives departing from the ad-tech company.According to a report from Adweek, chief marketer and executive VP Iana Colley announced his departure. Melinda Zurich, a top communications executive, and Matthew Henick, senior vice president of consumer products, also left the company.Recently, board member Lise Buyer also resigned from the company.<h2 class="st-heading-2">Leadership Upheaval</h2>"I'm stepping down from TTD after more than 7 years, in order to pursue an exciting new opportunity that I'll be able to talk about in a couple of weeks," Colley reportedly told Adweek."We've done some incredible marketing work at TTD in recent years, positioning the company as the industry's leading independent DSP, and in championing the power and value of the open internet," Colley said.Anna Sayre, who has also worked on marketing at the company for about the same number of years as Colley, will replace him, as per the report.Henick, who also led Trade Desk’s streaming operating system Ventura TV OS, will be replaced by ex-Google employee Rob Caruso.<h2 class="st-heading-2">How Did Stocktwits Users React?</h2>On Stocktwits, retail sentiment around <a href="https://stocktwits.com/symbol/TTD">TTD stock</a> improved from ‘bearish’ to ‘neutral’ territory over the past 24 hours amid ‘low’ message volumes.One bullish user said that executives leaving the company did not indicate a broken business, but instead meant a new direction with fresh minds.<stembedurl>https://stocktwits.com/symbol/TTD</stembedurl>&nbsp;Another user said the executives’ departure was ‘good news.’<stembedurl>https://stocktwits.com/Bull_sheet/message/649623302</stembedurl>&nbsp;Shares of TTD have declined about 45% so far this year.For updates and corrections, email newsroom[at]stocktwits[dot]com.

The Trade Desk logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)

Why Did TTD Stock Close Down Nearly 7% Today?

According to a report from Adweek, three key executives are departing from Trade Desk, including chief marketer and executive VP Iana Colley.

Should iShares Russell 1000 Growth ETF (IWF) Be on Your Investing Radar?

<ul class="summary-bullets"><li>OWL said the offering price represents a discount of approximately 33.2% to net asset value, which is well below what the Board believes to be the potential long-term value of OBDC II shares.</li><li>Blue Owl said in reaching its conclusion, the Board has consulted with members of management and its financial and legal advisors, and reviewed the terms and conditions of the offer.</li></ul>Blue Owl Capital Corporation II (OBDC II) on Friday said that its Board of Directors has unanimously recommended that shareholders reject the unsolicited minority tender offer from Cox Capital Partners and Saba Capital Management for up to 8 million shares of OBDC II for approximately $30 million.&nbsp;The company said that it believes the minority offer from Cox and Saba is an attempt to capture value at the expense of OBDC II shareholders. The offering price represents a discount of approximately 33.2% to net asset value, which is well below what the Board believes to be the potential long-term value of OBDC II shares.Blue Owl said in reaching its conclusion, the Board has consulted with members of management and its financial and legal advisors, reviewed the terms and conditions of the offer and has also considered other information related to the fund's historical financial performance, portfolio of assets and future opportunities.<h2 class="st-heading-2">Why To Reject?</h2>The firm said that Cox and Saba's offer price is inadequate, arbitrary and substantially undervalues OBDC II's assets and ongoing access to liquidity.&nbsp;Tendering will prohibit OBDC II shareholders from receiving future distributions and realizing any appreciation in the value of their shares in the future, Blue Owl said in a statement.&nbsp;<h2 class="st-heading-2">Cox And Saba Offer</h2>Last month, Saba Capital and Cox Capital Partners announced cash tender offers for shares in business development companies (BDC) that are owned by Blue Owl. Cox and Saba at the time had said that the offer price was expected to be at a 20-35% discount to the most recent estimated net asset value and dividend reinvestment price.&nbsp;The tender offers came at a time when Blue Owl said that it will permanently stop allowing redemptions from Blue Owl Capital Corp. II, a semi-liquid private credit fund marketed to U.S. retail investors.&nbsp;<h2 class="st-heading-2">How Did Stocktwits’ Users React?</h2>Retail sentiment around OWL trended in ‘neural’ territory amid ‘low’ message volume.&nbsp;Shares in the company have fallen 41.5% so far in 2026.&nbsp;

In this photo illustration, the Blue Owl Capital logo is seen displayed on a smartphone screen

Why Is Blue Owl Board Urging Shareholders To Reject Minority Offer From Cox And Saba?

The company said that it believes the minority offer from Cox and Saba is an attempt to capture value at the expense of OBDC II shareholders.

<ul class="summary-bullets"><li>Samsara said its Q4 revenue of $444.3 million, represented a 28% year-over-year growth in actuals and 27% in constant currency.&nbsp;</li><li>The company said it reported adjusted diluted net income per share of $0.56 versus $0.26 it posted in the same year-ago quarter.&nbsp;</li><li>The company said it expects revenue in its first quarter of FY2027 to be in the range of $454 million – $456 million.</li></ul>Samsara stock jumped 11% in extended hours of trading on Thursday after it posted upbeat fourth-quarter (Q4) results.&nbsp;Samsara said its Q4 revenue of $444.3 million represented a 28% year-over-year growth in actuals and 27% in constant currency. Analysts’ on average expected revenue of $422.31 million, according to data from Stocktwits.&nbsp;“Fiscal year 2026 was an outstanding year of durable and efficient growth,” said Sanjit Biswas, CEO and co-founder of Samsara. “Our performance is driven by the scale of our data asset, which now captures more than 25 trillion data points annually to fuel our AI-powered platform. This proprietary data is ushering in a new phase of digitization.”The company saw the second consecutive quarter of GAAP profitability after it posted GAAP earnings per share of $0.04 during the quarter.&nbsp;<h2 class="st-heading-2">Q4 Details</h2>The company said it reported adjusted diluted net income per share of $0.56 versus $0.26 it posted in the same year-ago quarter. The profit sailed past estimates of $0.13 per share as per data from Stocktwits.&nbsp;Samsara’s Q4 net new Annual Recurring Revenue (ARR) of $144.8 million represented a 33% year-over-year growth in actuals and 31% in constant currency.The company is now unleashing AI agents, like our AI Safety coach, to automate entire workflows and transform customers’ operations, Biswas further added.&nbsp;<h2 class="st-heading-2">FY 2027 Guidance&nbsp;</h2>The company said it expects revenue in its first quarter of its FY2027 to be in the range of $454 million – $456 million, and full year revenue of its FY2027 to be in the range of $1.965 billion – $1.975 billion.&nbsp;It expects adjusted diluted net income per share in its first quarter of its FY2027 to be in the range of $0.12 – $0.13.&nbsp;<h2 class="st-heading-2">How Did Stocktwits Users React?</h2>Retail sentiment around<a href="https://stocktwits.com/symbol/IOT"> IOT&nbsp;stock</a> trended in the ‘Extremely Bullish’ territory amid ‘Extremely High’ message volume.&nbsp;One bullish user said that analysts are going to upgrade ratings and raise price targets of IOT.&nbsp;<stembedurl>https://stocktwits.com/dpnaidu27/message/646746805</stembedurl>Another user predicted that the upbeat momentum in the stock can continue on Friday.&nbsp;<stembedurl>https://stocktwits.com/HazelCox91783/message/646744944</stembedurl>Shares in the company have fallen 8.5% year-to-date.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.&nbsp;

 In this photo illustration, the logo of Samsara Inc. is displayed on a smartphone screen.

Samsara Stock Rallied 11% After Hours – Why Are Traders So Bullish?

The company saw the second consecutive quarter of GAAP profitability after it posted GAAP earnings per share of $0.04 during the quarter. 

<ul class="summary-bullets"><li>A Broadcom executive told Reuters that it expects to sell at least 1 million chips by 2027 based on its stacked design tech.&nbsp;</li><li>For Broadcom’s results next week Wall Street expects the firm to report a rise of 22.4% in revenue to $19.1 billion for its first quarter of fiscal year 2026, ended February 2.&nbsp;</li></ul>Broadcom Inc. on Thursday announced it has begun shipping the industry’s first 2nm custom compute SoC built on its 3.5D eXtreme Dimension System in Package (XDSiP) platform.Broadcom said it built the SoC on its 3.5D eXtreme Dimension System in Package (XDSiP) platform, which was introduced in 2024. The chip offers “superior power efficiency and low latency to meet the massive computational demands of gigawatt-scale AI clusters.”“We’re proud to deliver the first 3.5D custom compute SoC for Fujitsu – a testament to the outstanding execution and innovation by the Broadcom team,” said Frank Ostojic, senior vice president and general manager of Broadcom’s ASIC Products Division.&nbsp;“These developments underscore Broadcom’s unrivaled technology leadership in delivering high-complexity XPUs to enable transformative breakthroughs in AI,” he added.&nbsp;<h2 class="st-heading-2">Selling 1 Million Chips</h2>A Broadcom executive told Reuters that it expects to sell at least 1 million chips by 2027 based on its stacked design tech.&nbsp;The 1 million chips the company projects it will sell, are based on an approach Broadcom developed that stacks two chips on top of one another, allowing the distinct pieces of silicon to be tightly bound to improve the speed at which data can flow from one chip to another, Harish Bharadwaj, vice president of product marketing at Broadcom told Reuters.&nbsp;<h2 class="st-heading-2">Earnings On The Horizon</h2>Wall Street expects the firm to report a rise of 22.4% in revenue to $19.1 billion for its first quarter of fiscal year 2026, ended February 2. The company posted $15.6 billion in revenue in the same year-ago quarter.&nbsp;Broadcom is scheduled to report results next week.How Did Stocktwits Users React?Retail sentiment around AVGO trended in ‘bullish’ territory amid ‘normal’ message volume.&nbsp;Shares in the company have risen nearly 53% over the past year.&nbsp;

In this photo illustration, the Broadcom, Inc. logo is seen displayed on a smartphone screen.

Broadcom Ships First 2nm Chip Ahead of Crucial Q1 Earnings

Broadcom said it built the SoC on its 3.5D eXtreme Dimension System in Package (XDSiP) platform, which was introduced in 2024.

<ul class="summary-bullets"><li>The DraftKings class action lawsuit was originally filed in April 2024.</li><li>DraftKings asked the court to rule in its favor by submitting graphic depictions of how it contended that it disclosed the terms and conditions of the promotion to the plaintiffs, according to the PHAI.&nbsp;</li><li>Ruling denying the bulk of DraftKings' motion for Summary Judgement marks the first false advertising lawsuit against DraftKings Sportsbook to survive this stage.</li></ul>The Public Health Advocacy Institute (PHAI) on Tuesday announced that its class action lawsuit against DraftKings will proceed toward class certification, class-wide discovery, and trial after a Massachusetts Superior Court judge rejected most of DraftKings' Motion for Summary Judgment.The class action challenges DraftKings' advertised "$1,000 Deposit Bonus" promotion for new sportsbook customers in Massachusetts.Ruling denying the bulk of DraftKings' motion for Summary Judgment marks the first false advertising lawsuit against DraftKings Sportsbook to survive this stage, clearing the way for class certification and trial, the institute said in its statement.&nbsp;<h2 class="st-heading-2">Details</h2>The DraftKings class action lawsuit was originally filed in April 2024 by Melissa Scanlon and Sean Harris who&nbsp;contended that DraftKings failed to adequately disclose terms and conditions to obtain the advertised bonus.DraftKings asked the court to rule in its favor by submitting graphic depictions of how it contended that it disclosed the terms and conditions of the promotion to the plaintiffs, according to the PHAI.&nbsp;<h2 class="st-heading-2">Sports Betting&nbsp;</h2>The lawsuit comes at a time when DraftKings has grown to be a major player&nbsp;among sports betting websites in the U.S. The firm is now expanding its reach to global markets.&nbsp;The company launched its online sportsbook in Puerto Rico, further expanding DraftKings reach to more users. “DraftKings’ online sportsbook will be available to Puerto Rico residents beginning February 23, 2026, following the recent opening of the DraftKings retail sportsbook at Foxwoods El San Juan Casino in November,” it said.&nbsp;Since 2013, the American Psychiatric Association has classified Gambling Disorder in the same diagnostic category as substance-related addictions, including cocaine, opioids, tobacco, alcohol, and heroin, reflecting the well-established public health risks associated with gambling-related harm.<h2 class="st-heading-2">How Did Stocktwits Users React?</h2>Retail sentiment around DKNG trended in ‘bearish’ territory amid ‘extremely low’ message volume.&nbsp;Shares in the company have fallen nearly 52% over the past year.&nbsp;

In this photo illustration, the logo of DraftKings Inc. is displayed on a smartphone screen. 

DraftKings’ Stock In Focus As PHAI’s Lawsuit Will Proceed To Trial

The class action challenges DraftKings' advertised "$1,000 Deposit Bonus" promotion for new sportsbook customers in Massachusetts.

IWF
iShares Russell 1000 Growth ETF

Feed

News

Sentiment

Fundamentals

Info

Latest IWF News

IWFiShares Russell 1000 Growth ETF