"When we first announced our partnership with ESPN, both sides made it clear that we expected to compete for a podium position in the space,"
"Although we made significant progress in improving our product offering and building a cohesive ecosystem with ESPN, we have mutually and amicably agreed to wind down our collaboration. We plan to realign our digital focus on our growing iCasino business, while continuing to capitalize on our omnichannel advantage as the nation's leading regional retail casino operator,"
"KeyBanc noted that Datadog's revenue growth excluding OpenAI had accelerated, with strength appearing broad-based across the business. The firm also highlighted that OpenAI renewed and expanded its commitment to Datadog in t"
Stifel upgraded Penn Entertainment to a buy rating with a $21 target after Penn terminated its sports betting agreement with ESPN earlier than planned. Jay Snowden said the partnership had aimed to compete for a podium position and that both sides amicably agreed to wind down the collaboration. Penn will realign digital efforts toward its growing iCasino business while leveraging its omnichannel advantage as a leading regional retail casino operator. Stifel called the termination a tailwind. Other notable upgrades: Deutsche Bank raised Baidu to buy on AI catalysts; Bank of America reiterated Qualcomm buy; KeyBanc upgraded Datadog.
Read at 24/7 Wall St.
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