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Michael B. Kelley

Reporter · US

Indexed articles, last 90 days
4
Latest publication
Sep 30, 2026
Outlet visibility, for Aol
Top 5K sites
Earliest in this view
Sep 28, 2026

Latest articles

  1. Article · Sep 30, 2026 · Michael B. Kelley

    DraftKings and FanDuel's parent plumb new multiyear lows as rival Kalshi eyes a $40B valuation - AOL (opens the original)

    Excerpt · Critical tone · English

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    There's a clear disconnect in the expanse of sports gambling and prediction markets. The stocks of DraftKings (DKNG) and FanDuel's parent Flutter Entertainment (FLUT) are sinking in 2026, while the valuation of private prediction-market rival Kalshi (KLSH.PVT) continues to rise. DraftKings stock closed at $19 on Wednesday, its lowest close since April 2023, and has set a fresh 52-week low in three of the last four sessions. Shares have lost half their value since hitting $38.06 a year ago. On We

  2. Article · Sep 30, 2026 · Michael B. Kelley

    Nvidia CEO Jensen Huang: AI data center buildout could create 1 million jobs and reshape the US economy - AOL (opens the original)

    Excerpt · Neutral tone · English

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    Nvidia (NVDA) CEO Jensen Huang, sitting on a panel next to SpaceX (SPCX) and Tesla (TSLA) CEO Elon Musk as corporate AI leaders spent most of the day at the White House, said the AI data center buildout will create "probably about a million jobs." Huang added that "this is the first time in probably… 50 years [that] we're re-industrializing the United States, creating a whole bunch of blue collar jobs." As Yahoo Finance's Brian Sozzi details, the Alliance for America's Skilled Trades (AAST) — an

  3. Article · Sep 29, 2026 · Michael B. Kelley

    Dan Ives on the AI boom: 'You're building out the Vegas Strip in 1955' - AOL (opens the original)

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    Anthropic's (ANTH.PVT) huge losses and obligations aren't a warning sign; they are the cost of building the ground floor of a new AI economy, according to Dan Ives, partner and senior managing director at Yorkville Ives. "You're building out the Vegas Strip in 1955," Ives told Yahoo Finance's Brian Sozzi (video above). "I'm sure there were people then being like, 'Oh, this thing's never going to work.' The reality is on the Strip. If you don't get on the Strip, it's not like they're going to cre

  4. Article · Sep 28, 2026 · Michael B. Kelley

    Apollo's Sløk: Is an 'agentic bank run' coming? - AOL (opens the original)

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    Apollo chief economist Torsten Sløk is looking ahead to when AI agents such as Meta's Muse (META) are empowered to make common-sense money moves, such as moving your cash from a checking account to a high-yield savings account. (Disclosure: Yahoo is a portfolio company of funds managed by affiliates of Apollo Global Management.) "If every household used AI agents to optimize the return on their cash balances," Sløk noted on Sunday, "banks could lose a large share of the cheap deposits they rely

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