CNBC Television
Mad Money 11/06/25 | Audio Only
11/7/2025, 12:57:01 AM
Economic Summary
- DraftKings reported a third-quarter revenue miss and larger loss, and management reduced full-year revenue and EBITDA guidance; the company attributes much of the shortfall to roughly $400M of outcome-related headwinds year-to-date, driven by a small set of NFL games.
- DraftKings is boosting distribution via an ESPN (Disney) tie-up and already has agreements with NBCUniversal and Amazon, which management expects to increase market share in NBA and other sports markets.
- Intuit (INTU) announced AI-driven, year-round financial services across TurboTax, Credit Karma, and small-business offerings, combining AI agents with a human expert network to improve engagement, credit-building, and recurring revenue streams.
- Haleon/Halion showed modest organic revenue growth (~3.4%) with strong performance in Europe, Latin America, and India, while North America is softer; the company emphasizes pharmacy channels and brand-driven growth (e.g., Sensodyne).
- Market context: the host advises trimming parabolic winners into strength and conserving cash to buy weakness, reflecting broad-market volatility and rotation away from overheated stocks.
Bullish
- ESPN/Disney partnership and existing NBCU/Amazon deals should expand DraftKings' distribution and NBA share.
- Intuit (INTU) expanding with AI agents across TurboTax and Credit Karma to drive year-round engagement and monetization.
- Haleon/Halion’s strong global brands (e.g., Sensodyne, Advil) and European/pharmacy positioning support durable growth.
- TJX is resilient in weak retail environments and recommended as a defensive retail holding.
Bearish
- DraftKings (DKNG) suffered a sizable revenue miss and wider-than-expected loss, prompting lowered full-year revenue and EBITDA guidance.
- Outcome variance (game results) can swing DraftKings' results hundreds of millions, making near-term earnings unpredictable.
- Consumer/retail pressures: Haleon/Halion faces softness in North America despite international strength, pressuring near-term stock performance.
- Prediction/exchange-style markets avoid taxes and state regulation, creating regulatory and competitive uncertainty for traditional sportsbooks.
Bullish tickers
DKNGINTUHALIONTJX
Bearish tickers
DKNGHALION
DKNG
Bullish
ESPN tie-up plus NBCU and Amazon partnerships should expand distribution and help regain share, especially in NBA.
Bearish
Revenue miss, wider loss, and guidance cuts driven by adverse short-term sporting outcomes and volatile EBITDA swings.
INTU
Bullish
Shifting TurboTax/Credit Karma into AI-powered, year‑round financial services could increase engagement and recurring revenue.
HALION
Bullish
Strong global brands and pharmacy distribution in Europe/Latin America, plus Sensodyne growth, support durable earnings.
Bearish
Stock pulled back from highs and faces North American weakness despite in-line results; regional exposure is a near-term headwind.
TJX
Bullish
Performs well in weak consumer environments and is recommended as a defensive retail holding.
M
PLAY
KENVUE
AMZN
DIS
CMCSA
SCHW
People mentioned
Jason RobinsJim CramerSasan GoodarziBrian McNamaraJimmy PitaroTerry RozierJeff Marks