DraftKings Inc. gave a forecast for earnings in 2027 that missed the average analyst estimate, while also cutting its outlook for fiscal 2026. Third-quarter revenue also fell short of expectations.
Tech-heavy Nasdaq is now in a "correction" as Wall Street weighs the impact of the Democrats' wins on the critical AI sector.
The stock market tanked on Thursday over concerns that a shift in control of Congress could slow the construction of data centers that power AI. CBS News' Natalia Brand reports, and Jessica Inskip, director of investor research at Stockbrokers. com, joins CBS News.
Developing story — details emerging. Check the source link for the latest updates.
Developing story — details emerging. Check the source link for the latest updates.
Developing story — details emerging. Check the source link for the latest updates.