DraftKings Stock Surges Following ESPN Partnership
DraftKings shares rose significantly after announcing a new partnership with ESPN, allowing it to replace Penn Entertainment in related offerings.
Bitcoin Price and Market Reaction
Bitcoin remains around $102,000 amid concerns over valuation, contributing to a substantial weekly decline in its price.
US Restricts Nvidia AI Chip Sales to China
The US government has blocked Nvidia from selling its scaled-back AI chips to China, according to The Information.
Asia Markets Face Weekly Decline
Asian stocks are expected to end the week lower as the technology sector continues to struggle, compounded by disappointing trade data from China.
Musk’s Tesla Pay Package
“Musk’s $1 trillion Tesla pay package approved by shareholders.”
This approval marks one of the largest compensation packages ever granted in the corporate world.
Author's Summary
DraftKings rises on ESPN deal; Bitcoin struggles amid losses; US blocks Nvidia chip sales to China; Asian markets fall; Musk’s $1T Tesla pay approved.
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