Hello there - You have just two more days left to get your 30-day trial to MarketBeat All Access for free. This link will expire, so don't put this off. If you register for MarketBeat All Access in the next two days, you can get your first month for free. If you want to continue your subscription after your 30-day trial, you will receive a $200 account credit toward your subscription. If you do not want to continue your subscription after your trial, cancel your subscription, and you won't be billed. Click Here to Claim Your Free 30-Day SubscriptionJoin the dozens of other savvy investors who have taken advantage of this offer in the last few days. Here's what a few of them have been saying about MarketBeat: "I use MarketBeat.com every day that the market is open to provide me with the most up to date financial data allowing me to support my investing decisions. There are multiple ways that you can use this resource including the ability to personalize areas of interest and specific stock lists. I have tested several financial service companies and this one is the best by far" - Ronald S.
"MarketBeat offers astute analysis of stocks and how they relate to the market as a whole. Their reports are concise and to the point. MarketBeat stands out as highly ethical, subjecting stocks and the broader market to the cold hard light of meticulous research. This allows me a high degree of confidence in their recommendations." -Dorothy L. With your premium subscription, you will receive: - Personalized News and Ratings - Get news, price metrics, ratings, earnings, dividends, and insider trades for stocks that you add to your stocks list.
- Broker Performance and Accuracy Ratings - Each analyst recommendation is paired with an accuracy rating so that you know which analyst ratings changes you should pay attention to and which you can safely ignore.
- Follow the Market with Ease - You will receive a full rundown of each day's analysts' ratings changes, earnings announcements, dividend declarations, insider trades, and top news headlines.
- Early Delivery - Your daily newsletter will be delivered a full 30 minutes before the New York Stock Exchange opens. You'll also receive our closing bell update that contains midday news and ratings changes.
- Breaking News Alerts - When breaking news happens for one of your stocks, we'll send you an email or SMS alert to let you know what's happening.
- Portfolio Monitoring Tools - Your MarketBeat subscription allows you to follow an unlimited number of stocks in My MarketBeat, our portfolio monitoring tool that provides you with up-to-the-minute headlines, prices, analyst recommendations, and more.
- Excel Export - Receive your newsletter in an easy-to-copy table format and export each day's ratings, earnings, dividends, and insider trading data to Microsoft Excel or CSV format.
- Brokerage Syncing - You’ll have the increased ability to track real-time performance and analytics for the stocks that matter most to you. Create a watchlist securely linked to your brokerage accounts for automatic updates whenever you buy or sell stocks.
Click Here to Subscribe to MarketBeat All Access (Free For 30 Days!)Rebecca McKeever MarketBeat P.S. If you have any questions about MarketBeat All Access, just hit reply to this email. Our South Dakota-based support team is standing by to answer your questions. Andrew, Maureen, Wendy, and Liz would love to hear from you.
Today's Bonus Article Trump Tailwind? How the BBB Could Boost DraftKings StockWritten by Leo Miller  President Donald Trump made headlines with the signing of his first major piece of legislation: the One Big Beautiful Bill (BBB). Most of the attention has gone toward the extension of Trump's tax cuts and changes to federal programs like Medicaid. However, embedded in the approximately 870-page law is a significant change to how the federal government taxes gamblers. This has notable implications for the rapidly growing sports betting giant DraftKings (NASDAQ: DKNG). The bill could ultimately provide a significant tailwind for the consumer discretionary stock, as it hurts those that cause DraftKings to lose money. Let’s dive into the specifics and why investors should care below. The BBB Makes Winning Money Betting Much Harder For Pros The BBB contains a key change in tax law with huge ramifications for those who cut into DraftKings’ profits: professional gamblers. Traditionally, bettors can deduct 100% of their losses from their winnings when they calculate their income taxes. That means if they had $100,000 in winning bets and $100,000 in losing bets, they made no profit and paid no additional tax. However, due to the BBB, beginning in 2026, gamblers will only be able to deduct 90% of their losses. Under the same scenario, they could now only deduct $90,000 from their $100,000 in winnings. This means that their taxable income will be $10,000 higher. They will now have to pay taxes on that $10,000, turning what was once a break-even year into a loss. Although this change technically affects all gamblers, it is likely to have the most detrimental effect on professionals. They make their living by betting and are much more likely to report their betting gains and losses on their taxes. Overall, the BBB makes it much harder for these professional bettors to generate an after-tax profit. So, what does this mean for DraftKings? DraftKings’ Margins Look Poised to Get a Boost For pros to earn money, someone has to lose money; that someone is DraftKings. As it becomes much harder for these bettors to turn a profit, they are likely to cut back significantly on their bets at DraftKings. Thus, the chance that DraftKings will lose money decreases, as a higher percentage of users will be casual bettors. This can help push DraftKings' margins up as it pays out less to winners. Still, DraftKings' betting volume should decrease, slowing their revenue growth. However, the company is likely fine with this. Pro bettor volume does little good for the company if it is losing money on these bets anyway. Comments made by renowned gambler Steve Fezzik crystallize the negative effect on professional bettors. Fezzik is the only two-time winner of the Las Vegas Hilton SuperContest, widely regarded as the world’s most prestigious sports betting contest. On a recent podcast appearance, Fezzik called the Big Beautiful Bill “a disaster for professional sports bettors." For the reasons explained above, Fezzik said DraftKings is “perfectly happy” with the BBB changes. He ultimately suggested that many pro bettors will consider taking a year off gambling if the new rule is not amended by the start of 2026. These comments clearly point to the idea that the BBB is good for DraftKings. If margins increase due to these changes, DraftKings' stock could benefit substantially in 2026. DraftKings Growth Prospects Remain Strong Despite Near-Term Headwinds While potential boosts to margins are great, DraftKings still needs to grow its betting volume and revenues for the stock to gain. The company is also dealing with betting tax hikes from multiple states that are likely to negatively impact its growth. Illinois enacted a law that requires sportsbooks to pay a tax of $0.25 on the first 20 million wagers. For any wagers over that limit, the tax increases to $0.50. In response, DraftKings and competitor Flutter Entertainment (NYSE: FLUT) will charge Illinois bettors a $0.50 fee per bet. Increasing costs for bettors are likely to negatively impact volume. Still, the long-term outlook for DraftKings' volume remains strong. Currently, only 30 states, as well as the District of Columbia and Puerto Rico, allow online sports betting. The states that do not allow online betting include Texas and California, which hold around 20% of the U.S. population. Thus, DraftKings has a great chance to grow its addressable market through further legalization. This could lead to a significant boost in volumes over time. This, combined with pushing out pro bettors, could create a perfect storm for the stock in the long run. |
0 Response to "Your MarketBeat discount is about to expire"
Post a Comment