macroeconomic

Why DraftKings' CEO feels good about 'any macroeconomic conditions'

Why DraftKings’ CEO feels good about ‘any macroeconomic conditions’

While inflation and recessions worries have cast doubt on the state of the American consumer, gamblers haven’t been phased, at least according to DraftKings (DKNG) CEO Jason Robins. “So far everything we’re seeing is consistent with what has been common knowledge about gaming — that under any macroeconomic conditions, it’s a steady cohort of customers,” …

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Qualcomm sales rise 37% despite 'challenging macroeconomic environment'

Qualcomm sales rise 37% despite ‘challenging macroeconomic environment’

Qualcomm president and CEO Cristiano Amon speaks about Qualcomm’s technology for automakers at a news conference during CES 2022 in Las Vegas, Nevada, January 4, 2022. Steve Marcus | Reuters Qualcomm reported third-quarter earnings after the bell on Wednesday, slightly beating Wall Street expectations, but guidance for the current quarter was short of consensus expectations. …

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