Tag Archives: Dan

Dan Schulman passes the torch to a new PayPal CEO

Dan Schulman passes the torch to a new PayPal CEO

Dan Schulman took global payments powerhouse PayPal (PYPL) to new heights during his nine-year tenure. When he announced his retirement from the position, the PayPal board needed to find a replacement who could live up to Schulman’s legacy. After a months-long search, Alex Chriss was chosen as CEO and President, effective September 27, 2023. Schulman reflects on the choice of Chriss and the transition to his successor at PayPal. While still on the board of PayPal, he expressed the need for… Source link

Read More »

Microsoft layoffs a ‘rip the band-aid off’ moment: Analyst Dan Ives

Microsoft layoffs a ‘rip the band-aid off’ moment: Analyst Dan Ives

Microsoft (MSFT) announced on Wednesday that it is cutting 10,000 jobs as the tech giant contends with slowing PC and cloud sales. But according to at least one analyst, the layoffs are a proactive move as Microsoft and its Big Tech counterparts are forced to reckon with the unsustainable growth they saw during the pandemic. “It was a rip-the-Band-Aid-off moment from Nadella and Microsoft, and we’re seeing it across tech,” Wedbush analyst Dan Ives told Yahoo Finance Live. “These… Source link

Read More »

Microsoft layoffs a ‘rip the band-aid off’ moment: Analyst Dan Ives

Microsoft layoffs a ‘rip the band-aid off’ moment: Analyst Dan Ives

Microsoft (MSFT) announced on Wednesday that it is cutting 10,000 jobs as the tech giant contends with slowing PC and cloud sales. But according to at least one analyst, the layoffs are a proactive move as Microsoft and its Big Tech counterparts are forced to reckon with the unsustainable growth they saw during the pandemic. “It was a rip-the-Band-Aid-off moment from Nadella and Microsoft, and we’re seeing it across tech,” Wedbush analyst Dan Ives told Yahoo Finance Live. “These… Source link

Read More »

Tesla stock is trading at its ‘cheapest valuation’ in years, Wedbush’s Dan Ives says

Tesla stock is trading at its ‘cheapest valuation’ in years, Wedbush’s Dan Ives says

The steep slide in Tesla’s (TSLA) stock price this year is starting to catch the eye of valuation watchers. “Not since 2018 has Tesla traded at these levels,” Wedbush analyst Dan Ives wrote in an email to Yahoo Finance. “On an EV/EBITDA [earnings before interest, taxes, depreciation, and amortization] basis it’s the cheapest valuation to date.” Ives — a former Tesla bull who made headlines in mid-November for removing the EV maker’s stock from Wedbush’s best ideas list — isn’t too far… Source link

Read More »

Sean Taylor deserves better than a wire mannequin and Dan Snyder’s repeated abuse of his legacy

Sean Taylor deserves better than a wire mannequin and Dan Snyder’s repeated abuse of his legacy

I am sick for Sean Taylor’s family. Again. Because once again the Washington Commanders franchise — to be more specific, we mean team owner Dan Snyder — exploited the memory of the beloved slain safety for cheap public relations points. Via a cheap mannequin it is calling a “permanent memorial installation.” In advance of Sunday’s home game against Atlanta, which was the 15th anniversary of the day Taylor was killed in his Miami-area home by intruders who didn’t expect the rehabbing young… Source link

Read More »

FTX collapse is ‘a black swan event’: Wedbush’s Dan Ives

FTX collapse is ‘a black swan event’: Wedbush’s Dan Ives

The crypto market is experiencing a stunning downfall following the collapse of the exchange FTX (FTT-USD). FTX filed for Chapter 11 bankruptcy protection followed a failed takeover by rival Binance (BNB-USD) earlier in the week, with Sam Bankman-Fried resigning as CEO after engineering a liquidity hole of billions. “It’s a black swan event,” Wedbush tech analyst Dan Ives said on Yahoo Finance Live (video above). “It’s a cautionary tale for what you see in sectors and unfortunately, many will… Source link

Read More »