Tag Archives: CEO

[unable to retrieve full-text content]Who Got Rich And Poor This Week: AI Optimism Boosted Google Founders, Nvidia CEO, While GitLab Tumble Knocks …  Forbes Source link

[unable to retrieve full-text content]Salesforce CEO Marc Benioff: This Is How We’re Going To Win  Yahoo Finance Source link

[unable to retrieve full-text content]Target Q4 earnings beat estimates, CEO strikes a cautious tone as consumer spending shifts  Yahoo Finance Source link

[unable to retrieve full-text content]Ducati US CEO: Demand ‘very strong’ even for high-priced bikes  Yahoo Finance Source link

[unable to retrieve full-text content]Apple stock gets nailed as CEO Tim Cook spooks investors with one phrase  Yahoo Finance Source link

Investors are hoping Tesla’s (TSLA) price-cutting ways have run their course for 2023. “Based on the statement that [Elon Musk] made on the fourth quarter earnings call, saying that his demand is 2x his supply, you’d be silly to cut price,” BofA analyst John Murphy on Yahoo Finance Live (video above). “You would just be eating into your profitability and not achieving any more incremental volume in the near term.” Earlier this month, Tesla cut the Model 3 base version by $3,000 to $43,990. The… Source link

Don’t expect a mass layoff announcement from Apple (AAPL) despite global economic weakness weighing on iPhone and Mac sales, says Wedbush tech analyst Dan Ives. That’s in large part because Apple CEO Tim Cook didn’t overhire during the pandemic, unlike many of Apple’s rivals. “Apple never hired at the pace of these other tech giants,” Ives said on Yahoo Finance Live (video above). “You’ll see cost-cutting around the edges, but Cupertino — I mean, they’re tacticians…I think it just shows… Source link

Google recently announced the largest-ever layoffs in the company’s 25-year history. The company is cutting 12,000 jobs, or roughly 6% of its full-time workforce. Days after the announcement, Google executives including CEO Sundar Pichai defended the job cuts during a companywide town hall. Pichai said that he consulted with the founders and controlling shareholders, Sergey Brin and Larry Page, as well as the board of directors about the layoffs. During the address Pichai indicated there… Source link

After completing its first growth equity funding round, maternity company Hatch announced it is partnering with Marquee Brands to consolidate several maternity brands under the umbrella of Hatch Collective. The newly formed parent company will operate Hatch along with Marquee’s brands, including Motherhood Maternity, A Pea in the Pod, and Destination Maternity. “What we were doing in the maternity space is the gold standard from a brand level and how, together, we could be more of a powerful… Source link

Vital Farms (VITL) CEO Russell Diez-Canseco says the recent spike in egg prices, up more nearly 60% year-over-year, is “a head scratcher.” “Over the course of 2022, we certainly saw inflationary impacts to our key inputs like the grains we feed our girls [hens] and the diesel fuel that the truckers use to fuel their trucks as they deliver the eggs to the grocery stores,” Diez-Canseco told Yahoo Finance. “Our approach to price increases has been to take them reluctantly in small amounts.” A… Source link