Tag Archives: CEO

[unable to retrieve full-text content]DeepMind CEO Says Google Will Spend More Than $100 Billion on AI  Bloomberg Source link

[unable to retrieve full-text content]Vimeo Taps Philip Moyer As New CEO, Former Google Cloud Executive  Yahoo Canada Finance Source link

[unable to retrieve full-text content]Disney CEO Bob Iger, Nelson Peltz enter final days of proxy fight — here’s what to know  Yahoo Finance Source link

The housing market is showing signs of a recovery as the spring home-buying season gets underway. Mortgage rates fell for the second week in a row, declining to the lowest level in more than a month. The average rate on the benchmark 30-year fixed mortgage fell to 6.74% from 6.88% the week prior, per Freddie Mac. And as mortgage rates decline, supply is starting to rebound. New listings hit a 17-month high in February, while the total number of homes for sale rose to the highest level in a… Source link

When the spot exchange-traded funds (ETFs) were set for release in early 2024, the main metric many looked at to differentiate the many options was the expense ratio or the amount of fees charged by the ETF sponsor. For some, the fees were relatively low, but others, such as Grayscale Bitcoin Trust (GBTC), were high. This difference became apparent when GBTC began experiencing huge outflows after its ETF was converted from a futures-linked ETF to a spot ETF. Many who had invested in GBTC when… Source link

Disney’s ESPN (DIS), Fox (FOX, FOXA), and Warner Bros. Discovery (WBD) have joined forces to launch a joint sports venture streaming service. On Friday, the companies announced Pete Distad, a former Apple (AAPL) and Hulu executive, would serve as the Chief Executive Officer of the upcoming service. The highly anticipated streaming service is slated for launch in the fall, with Wall Street analysts estimating that the service could have a subscription fee ranging between $40 and $50 per… Source link

(Reuters) – Data center operator Equinix on Tuesday named Alphabet’s Google Cloud executive Adaire Fox-Martin as its CEO, with the appointment effective late next quarter. Fox-Martin, who has been on Equinix’s board since 2020, will succeed the company’s current Chief Executive Officer Charles Meyers. Martin has been at Google Cloud for three years and has also held global positions at software companies such as SAP and Oracle. Meyers will transition to the role of executive chair after six… Source link

Target (TGT) is aiming to hit more bull’s-eyes in 2024 after a series of challenges last year. “We’ll be talking about our roadmap for growth, getting Target back to being a growth company, from a comparable sales standpoint, from a traffic standpoint, and from a [market] share standpoint,” Target chairman and CEO Brian Cornell told Yahoo Finance ahead of a closely watched investor day in New York City on Tuesday. Cornell says Target will spend 2024 opening new stores, remodeling existing… Source link

Fisker (FSR) unloaded a cache of bad news during its Q4 earnings report yesterday, shaking investors and Wall Street analysts. Fisker reported that given its financial condition, evolving dealership sales approach, and challenging EV market, it has “substantial doubt about its ability to continue as a going concern” when the company files its official financial statements for 2023. Fisker also said it would reduce its headcount by 15%. Fisker said it had $396 million in cash at the end of… Source link

Investors are eating up Cava (CAVA). On Tuesday, shares of the Mediterranean fast casual chain hit a new record of $59.91. Shares are up more than 40% year-to-date, jumping as much as 19% in the last five days after posting a beat on its top and bottom lines for its Q4 results. For comparison, the S&P 500 (^GSPC) is up more than 7% year to date, whereas fast casual powerhouse Chipotle (CMG) is up nearly 20%. For the fourth quarter, Cava’s revenue came in at $177.17 million, versus the $174.09… Source link