Author: Trader Edge

TLDR Hacker group ShinyHunters stole data on 800,000 Wynn Resorts employees, including Social Security numbers, demanding a $1.5 million ransom. Wynn confirmed an “unauthorized third party acquired certain employee data” but has not confirmed whether the ransom was paid. Two federal lawsuits have been filed seeking class-action status — one by a former employee, one by a customer. Wynn is offering credit monitoring and identity protection to affected employees while investigating. UBS lowered its price target on Wynn Resorts (WYNN) to $146 from $148, but kept its Buy rating. Wynn Resorts is facing two federal lawsuits after a cyberattack exposed…

TLDR BTIG Research cut its price target on DraftKings (DKNG) from $37 to $35, while keeping a “buy” rating The stock is down roughly 35% year to date and trades around $22.89–$22.94 DraftKings is expected to lay off a portion of its workforce as it shifts focus from growth to profitability Revenue grew 27% in 2025 to $6.05 billion, but growth is expected to slow to around 11% in 2026 Insiders have sold over $3.6 million worth of stock in the past 90 days DraftKings (DKNG) is having a rough 2026 so far. The stock is down about 35% year…

TLDR Kalshi issued its first public disciplinary actions, fining a MrBeast editor and a former California governor candidate for insider trading Artem Kaptur, a MrBeast video editor, was fined $20,397 and suspended two years for trading on insider knowledge about the YouTuber’s content Former California gubernatorial candidate Kyle Langford was fined $2,246 and banned five years for betting on his own election Both cases were reported to the Commodity Futures Trading Commission (CFTC) Kalshi has opened 200 insider trading investigations in the past year, with 12 still ongoing Prediction market platform Kalshi has publicly named and fined two users for…

TLDR Blockchain investigator ZachXBT named Axiom Exchange senior employee Broox Bauer for allegedly misusing internal tools to track private wallets and trade memecoins using inside information. Axiom confirmed the breach, removed access to internal tools, and pledged to investigate further. A Polymarket prediction market on ZachXBT’s target generated over $30 million in volume, with odds shifting sharply toward Axiom before the report dropped. A separate user “predictorxyz” is now under investigation after betting $70,000 USDC on Axiom in a new account, with funds linked to an active Axiom user. U.S. lawmakers have previously flagged prediction markets as vulnerable to insider…

TLDR A Massachusetts class action lawsuit against DraftKings over a “$1,000 Deposit Bonus” promotion has been allowed to proceed after a judge denied most of DraftKings’ motion for summary judgment. The promotion required new customers to deposit at least $5,000 and wager at least $25,000 within 90 days — terms plaintiffs say weren’t clearly disclosed. The lawsuit was filed in December 2023 by the Public Health Advocacy Institute (PHAI) on behalf of lead plaintiffs Melissa Scanlon and Sean Harris. Judge Debra Squires-Lee found sufficient factual disputes for a jury, partly because DraftKings submitted recreated visuals rather than the exact signage…

TLDR Blockchain investigator ZachXBT teased a “major investigation” into insider trading at a top crypto firm, set to drop February 26 Polymarket bettors placed over $7 million wagering on which company will be named Solana liquidity platform Meteora leads the odds at around 43%, followed by Axiom, Pump.fun, Jupiter, and MEXC ZachXBT claims multiple employees “abused internal data to insider trade over a prolonged period of time” Prediction markets themselves are under scrutiny from US regulators, with the CFTC asserting federal jurisdiction over platforms like Polymarket Blockchain investigator ZachXBT posted on X that he would release a “major investigation” into…

TLDR Prediction market Kalshi fined and suspended two users for insider trading MrBeast editor Artem Kaptur was fined $20,000+ and banned for two years for betting on show outcomes Kyle Langford, a former California governor candidate, was fined $2,000+ and banned five years for betting on his own race Kalshi has opened 200 investigations into trading violations, with over a dozen active cases Both cases were reported to the US Commodity Futures Trading Commission (CFTC) Prediction market platform Kalshi has publicly named and penalized two users for insider trading, marking one of the first public disciplinary actions in the growing…

TLDR Morgan Stanley trimmed its LVS price target 1.5% to $66, maintaining an Equal Weight rating after Q4 2025 earnings Singapore’s Marina Bay Sands delivered strong results; Macau operations underperformed with margin contraction Q4 EPS of $0.85 beat estimates by $0.08; revenue of $3.65B topped the $3.33B consensus Insiders sold roughly $207M worth of stock over the past 90 days LVS raised its quarterly dividend to $0.30 (from $0.25), yielding ~2.1% annualized Las Vegas Sands Corp. (LVS) received a modest price target cut from Morgan Stanley on February 11, with the firm lowering its target from $67 to $66 —…

TLDR DraftKings launched its online sportsbook in Puerto Rico on February 23, 2026. Customers must register in person at Foxwoods El San Juan Casino to access the online platform. Features include same-game parlays, in-game wagering, and odds boosts across MLB, NFL, and NBA. DKNG stock is trading near its 52-week low of $21.01, down 51% over the past year. A company director recently purchased 100,000 Class A Common Stock worth approximately $2.19 million. DraftKings (DKNG) officially launched its online sportsbook in Puerto Rico on Monday, February 23, expanding its footprint in the U.S. territory. DraftKings Inc., DKNG The launch follows…

TLDR Prediction market transactions hit a record 38.01 million last week across all platforms Polymarket led with 22.58 million transactions, over half the total volume Kalshi came in second with 14.86 million transactions Opinion ranked third with 227,500 transactions Growing crypto adoption and lower transaction costs are driving new users to these platforms Prediction markets just had their biggest week ever, with 38.01 million total transactions recorded across major platforms. The data comes from Dune Analytics and was reported on February 23, 2026. https://twitter.com/uniquesingh__/status/2026235258446729586?s=20 Polymarket led the pack with 22.58 million transactions for the week. That is more than half…