Key Points in This Article: Michael Burry, famed for predicting the 2008 housing crash, shifted from bearish to bullish bets, acquiring calls and shares in Lululemon Athletica (LULU), Meta Platforms (META), and UnitedHealth Group (UNH) worth $522 million.

BOSTON, Aug. 15, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) announced today that the Missouri Gaming Commission has granted the company a direct mobile sports betting license. This direct mobile sports betting license will enable DraftKings to operate independently across the state of Missouri, without the need for affiliation with a land-based casino or professional sports team. DraftKings' online sportsbook would go live on the universal launch date currently expected for December 1, 2025, contingent on final regulatory approvals.

Matthew Bryson, Wedbush Securities equity research and hardware SVP, joins CNBC's 'Squawk on the Street' to discuss reports that the Trump Administration is considering a stake in Intel, whether it could change Intel's corporate priorities, and much more.

Archer Aviation Inc.'s growth prospects are promising, with a robust order book and international expansion, but revenue conversion remains unproven. FAA certification is the key hurdle; only 15% of compliance is complete, and full approval timing is uncertain, impacting aggressive investor sentiment. International launches, especially in the UAE, could mitigate U.S. certification delays, but execution risks and backlog conversion remain concerns.

TM's Q1 earnings miss forecasts despite higher revenues, as operating income and profit outlook signal sharp declines ahead.

VRTS's July AUM rose to $170.8B, lifted by ETF and institutional inflows despite U.S. retail fund outflows.

A "deteriorating long-term outlook" is behind BofA's downgrade on Target (TGT). Marley Kayden breaks down the analysis and weighs the company against Walmart (WMT), highlighting spots where Target is lagging.

Retiring Chief Executive Officer Joe Adams Remains CEO of FS Bancorp until May 2026; Matt Mullet Named President and CEO of 1st Security Bank and will continue as President of FS Bancorp.

The shares of healthcare giants Centene Corp (NYSE:CNC) and Molina Healthcare Inc (NYSE:MOH) are surging today, after Warren Buffett's Berkshire Hathaway (BRK.A) revealed a new stake in sector peer UnitedHealth Group (UNH).

Plant-based meat pioneer Beyond Meat Inc (NASDAQ:BYND) is under financial pressure after reporting a sharp decline in sales and a cash crunch, though the company denied reports it has filed for bankruptcy. According to reports, Beyond Meat is facing a potential Chapter 11 filing following second-quarter 2025 sales that fell nearly 20% year-over-year, highlighting weakness in US retail channels and select international markets.

Tapestry, Inc. TPR shares are trading higher on Friday.

SAN FRANCISCO, Aug. 15, 2025 (GLOBE NEWSWIRE) -- A securities class action lawsuit styled Khan v. Lockheed Martin Corporation, et al., No. 1:25-cv-06197 (S.D.N.Y.) has been filed and seeks to represent investors who purchased or otherwise acquired Lockheed Martin Corporation (NYSE: LMT) securities between January 23, 2024 and July 21, 2025.

NEW YORK--(BUSINESS WIRE)--iHeartMedia is joining forces with Stand Up To Cancer® (SU2C) for the organization's ninth biennial one-hour, commercial-free special airing Friday, August 15, at 8 p.m. ET and PT / 7 p.m. CT. The live event will be available for the first time to iHeartRadio listeners nationwide through a dedicated audio-only stream across all iHeart Country broadcast radio stations and on the iHeartRadio app. The hour-long special will air on iHeart's stations as well as simultaneou.

The first two cargoes of Venezuelan oil exported by energy major Chevron after it received a fresh U.S. authorization to operate in the country last month have set sail for the United States, vessel monitoring data showed on Friday.

CNBC's Kristina Partisinevelos joins 'Squawk on the Street' to discuss the latest earnings from Applied Materials.

EPD addresses a crude leak at its Houston terminal, briefly disrupting Seaway pipeline flows and nudging Gulf Coast crude prices higher.

LTM flew nearly 8 million passengers in July 2025, with traffic up 10.4% year over year, along with a slight surge in load factor to 86.7%.

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Flywire To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Flywire between February 28, 2024 and February 25, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK , Aug. 15, 2025 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Flywire Corporation ("Flywire" or the "Company") …

WPP's recent share price decline has made the stock significantly undervalued, presenting a compelling buying opportunity. Despite underperformance versus the SPY, I remain bullish and plan to increase my position in WPP. The company offers strong fundamentals, including a BBB credit rating and an attractive 8-9% yield.

Dow hits record high on UnitedHealth surge, but weak internals and cautious sentiment signal limited upside for US stocks today.