[ad_1] Check out the companies making headlines before the bell: DraftKings (DKNG) – DraftKings fell 12.5% in premarket trading despite reporting a smaller-than-expected quarterly loss and revenue that topped Wall Street forecasts. The sports betting company also raised its revenue guidance and warned a prolonged economic downturn could impact spending …
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[ad_1] Investors this week turned to companies that make recession-proof stuff like cereal and soup, as fears of a potential economic recession mounted. The S & P 500 is down more than 5% for the week, and the Dow Jones Industrial Average dipped into bear market territory on Friday, as …
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[ad_1] Credit Suisse is recommending stocks with a characteristic favored by Warren Buffett for investors navigating growing risk in equity markets. The firm expects companies with “economic moats” could help investors shield their portfolios from increasing economic uncertainty. It’s a term popularized by the legendary investor that refers to a …
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