Alphabet (GOOGL) shuts down cell tower alternative Loon
Google’s parent company Alphabet Inc (NASDAQ: GOOGL) is shutting Loon after concluding that the idea behind Loon was viable but not anymore. Founded in 2011, Loon aimed to bring connectivity around the world by using balloons and solar-powered networking gear instead of the traditional cell towers, which many deem too expensive. For, many years […]
DraftKings Inc. (DKNG): Are Investors Missing The Big Picture?
Sports betting continues to grow as more US states legalize it, and DraftKings Inc. (NASDAQ: DKNG) is also taking advantage of this growth. DraftKings is a platform for online gambling and betting. In recent quarters, the company has expanded significantly in the US market, where it operates in several states. Due to the legalization of […]