Morning Bid: Roaring Chinese stocks set for best week in a decade [Yahoo! Finance Canada]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Yahoo! Finance Canada
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Will this week be Chinese President Xi Jinping's equivalent of Mario Draghi's famous "whatever it takes" moment? Only time will tell if China's volley of monetary, liquidity and fiscal stimulus shots this week sparks a sustainable economic recovery, but the rally ripping through Chinese stocks suggests investors are willing to give Beijing the benefit of the doubt. At the very least, downside risks to growth and inflation have been pared back. Remove the near-term pessimism, and the outlook is suddenly a lot brighter, regardless of the underlying fundamental and structural challenges China's economy faces. Couple that with a U.S. economy still seemingly on track for a 'soft landing' and a central bank determined to get ahead of the curve to deliver that outcome, the global picture is a lot brighter too. Risk assets around the world are responding accordingly. The MSCI World and S&P 500 both hit new hi
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DKNG
Earnings
- 8/1/24 - Beat
DKNG
Sec Filings
- 9/27/24 - Form 4
- 9/25/24 - Form 144
- 9/4/24 - Form 4
- DKNG's page on the SEC website