Duolingo CEO on Earnings, Plus ESPN’s Bombshell Deal 8/9/23

Duolingo is one of the biggest earnings movers of the day after reporting a 62% year-over-year growth in daily active users. Its CEO Luis von Ahn joined to discuss what’s driving the price action, innovations in education technology, and the company’s expansion plans. Plus, Disney is set to report third quarter results after the bell. Investors are keeping an eye on its streaming division, growth in parks, and clues about a bombshell sports betting deal announced yesterday. In a big move for ESPN and Disney, it’s set to rebrand casino company Penn Entertainment’s sportsbook as ESPN BET in a 10-year, $2 billion deal.