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DraftKings reverses plans for user tax as FanDuel wows Wall Street

Flutter reported phenomenal second-quarter earnings this week that thrilled investors and sent shares up about 8% on Wednesday as the company’s betting platform FanDuel gains market share and dramatically increases revenue, even in states where sports betting and online gaming…

Stocks with the biggest price movements at midday: LLY, UAA, WBD

Eli Lilly – Shares of the pharmaceutical company rose 8% after the company reported second-quarter earnings and revenue that beat expectations. Eli Lilly also raised its full-year revenue forecast by $3 billion as sales of its hit diabetes drug Mounjaro…