NBA

On Thursday, major U.S. indices showed mixed results. The Dow Jones Industrial Average increased by 0.2% to 39,935.07, while the S&P 500 fell by 0.5% to 5,399.22. The Nasdaq dropped 0.9% to 17,181.72. Let’s take a closer look at the top stocks that caught the attention of retail traders...

Amazon.com Inc (NASDAQ:AMZN) shares are rising in Wednesday’s after-hours session after the National Basketball Association (NBA) announced a deal in which Prime Video will telecast NBA games over the next decade. What Happened: The NBA announced a renewal of its partnership with Walt Disney...

Media company Warner Bros. Discovery (NASDAQ:WBD) isn't ready to give up its highly coveted national NBA TV rights yet. The media company matched a deal signed by Amazon.com Inc (NASDAQ:AMZN), setting up a potential battle. What Happened: The National Basketball Association announced The Walt...

An analyst says sports betting company DraftKings Inc (NASDAQ:DKNG) could have a challenging second quarter report, but remains optimistic ahead of the 2024 NFL season. The DraftKings Analyst: Bank of America analyst Shaun C. Kelley reiterated a Buy rating on DraftKings and lowered the price target...

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks just under the surface and warrant attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless...

A new media rights deal for the National Basketball Association (NBA) is nearing the finish line and could be a slam dunk for fans and the new partners. Here's a look at the latest. What Happened: A new NBA deal is expected to be 11 years in length and total $76 billion from three partners,...

Bronny James, son of NBA legend LeBron James, is one of the most talked about NBA rookies in years. After being drafted 55th overall by the Los Angeles Lakers, James is not a favorite to win the 2025 NBA Rookie of the Year, but bettors are still backing him. What Happened: Bettors placed wagers on...

Twenty-nine National Basketball Association teams will attempt to ruin the back-to-back championship ambitions of the reigning champ Boston Celtics. After free agency, several teams saw their betting odds improve, including one NBA team that is publicly traded. What Happened: While many struggling...

The Boston Celtics won their 18th NBA championship in the 2023-2024 season. The team could be under new ownership soon, with the owners looking to move on after guiding the team to two championships and locking up several star players long-term. What Happened: Investors have limited options when it...

There are two big questions for NBA fans ahead of the 2024 NBA Draft: Who goes number one overall and which team will draft Bronny James? Top 2024 NBA Pick: The San Antonio Spurs drafted Victor Wembanyama first overall in the 2023 NBA Draft. Wembanyama was one of the most hyped prospects in years....

Investments in American professional sports franchises have more than doubled the equities market returns since 2000. The outperformance is attributed to lucrative media rights deals and the dawn of streaming. The Data: The first-of-its-kind Ross-Arctos Sports Franchise Index (RAFSI), released in...

Energy drink conglomerate Red Bull is reportedly competing for ownership of an NBA team. What Happened: The Austrian company is willing to spend $4 billion to bring a franchise to Las Vegas, Bloomberg reported, citing unnamed sources. Red Bull already owns two Formula 1 teams and Major League...

The Boston Celtics won the 2024 NBA Championship, completing a season where they were the favorites in the preseason, during the season and to open the NBA Playoffs. One big name in the sports betting universe won by betting on the Celtics, while a betting rapper lost $500,000 by betting on the...

Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks just under the surface and warrant attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...

The race to secure media rights for major North American sports continues to heat up, as evidenced by a report that the NBA is nearing a $76 billion 11-year deal with multiple media companies. Among the parties landing NBA rights is said to be e-commerce leader Amazon.com Inc (NASDAQ:AMZN). What...