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DraftKings Stock Rocketed 215% Higher This Year. Will the Party Continue in 2024?

The Motley Fool

Supreme Court ended the federal ban on sports gambling , allowing states to decide for themselves whether to make sports gambling legal for their residents. Over 20 states have legalized online sports betting with tens of billions of dollars spent yearly by gamblers betting on football, basketball, and more through these online portals.

Legal 245
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Warren Buffett Calls This Metric "Worse Than Useless," but Everyone Uses It. Here's How to Make Yourself a Smarter Investor.

The Motley Fool

He noted how something looks off with the changes in net income, so even though a public company has fulfilled its legal duty by reporting "this worse-than-useless 'net income' figure" according to regulations, it makes him uncomfortable. Metric 2021 2022 2023 Net income (loss) $89.9 billion ($22.8 billion) $96.2 billion $30.9

Investors 246
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Why DraftKings Rocketed 209% in 2023, and What's in Store for 2024

The Motley Fool

In 2023, Fox quit the online sports betting business and DraftKings took share On industry consolidation, it appears as though DraftKings' first-mover position in legal U.S. Even large, public companies hoping to get into this newly legal industry have bowed out, with Fox Corporation (NASDAQ: FOX) being the latest casualty.

Legal 130
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3 Stocks That Cut You a Check Each Month

The Motley Fool

Very few public companies offer monthly dividends, and the ones that do are typically real estate investment trusts (REITs) because they are legally required to pay out 90% of their taxable earnings to shareholders. As for its valuation, LTC Properties trades at 3.1

Debt 130
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FiscalNote (NOTE) Q2 2023 Earnings Call Transcript

The Motley Fool

We've invested tens of millions of dollars and almost 10 years building a defensible combination of data, intelligence, and AI technology to collect, synthesize, and make sense of an exploding pace in volume of dynamic unstructured, regulatory, political, and legal information around the world and the soft workflows to help our customers respond.

Legal 130
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AbCellera Biologics (ABCL) Q2 2024 Earnings Call Transcript

The Motley Fool

[Operator instructions] At this time, I would like to turn the call over to Tryn Stimart, AbCellera's chief legal and compliance officer. Tryn Stimart -- Chief Legal and Compliance Officer Thank you. I'm Tryn Stimart, AbCellera's chief legal and compliance officer. You may proceed. that's what Andrew mentioned.

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FiscalNote (NOTE) Q3 2023 Earnings Call Transcript

The Motley Fool

Organizations are facing significant increases in regulatory complexity, and it is spreading globally, which creates uncertainty for all organizations and significant top-line and bottom-line impact for companies that operate globally as well. Second, we will pursue adjacencies to core products and fast-growing areas of risk and compliance.