Chevron CEO Mike Wirth:  Record production in the first quarter

Chevron CEO Mike Wirth: Record production in the first quarter

Chevron CEO Mike Wirth reports record production, particularly in the United States, where production rose by 35%. This increase is the result of the acquisition of PDC and 12% growth in the Permian...
April 29, 2024 at 04:35 pm EDT
Tesla Soars on China's Tentative Driving System Approval

Tesla Soars on China's Tentative Driving System Approval

The provisional approval in China of Tesla's autonomous driving system, known as Full Self-Driving , marks a significant milestone for the future of autonomous mobility and the robot taxis that Elon...
April 29, 2024 at 03:01 pm EDT
WeWork's $47 Billion Drama Sputters to Neumann-Less End

WeWork's $47 Billion Drama Sputters to Neumann-Less End

WeWork, once valued at $47 billion and set to make Adam Neumann a billionaire, suffered a major crisis that led to its bankruptcy. In an unexpected turn of events, Neumann tried to buy the bankrupt...
April 29, 2024 at 01:47 pm EDT
SoFi CEO Anthony Noto:  26% annual growth

SoFi CEO Anthony Noto: 26% annual growth

SoFi CEO Anthony Noto has announced annual growth of 26% and an upward revision of full-year forecasts. Despite a second quarter that fell short of expectations, Noto explains that this is part of an...
April 29, 2024 at 12:25 pm EDT
Borish:  The Fed is Sprinting in Place

Borish: The Fed is Sprinting in Place

Every week, new inflation data point one way or the other. However, if we focus on the so-called seven Cs of commodities, we see a trend towards persistent inflation. Seasonal commodities such as...
April 29, 2024 at 04:23 am EDT
Global Subsidy Race

Global Subsidy Race

Industrial policy, once considered a negative term, is now at the heart of global economic strategies, particularly in the United States. Historically, the idea that governments could identify and...
April 29, 2024 at 04:13 am EDT
Copper at $10,000?

Copper at $10,000?

Ben Davis, mining analyst at Liberum, believes that the surge in copper prices, as indicated by certain market indicators, is mainly speculative and not based on real physical demand. Davis revela...
April 26, 2024 at 06:28 am EDT
'Bullish' Demand As Cruises Boom:  Royal Caribbean CEO

'Bullish' Demand As Cruises Boom: Royal Caribbean CEO

Jason Liberty, CEO of Royal Caribbean Cruises, discusses the cruise industry's impressive post-COVID-19 recovery, highlighting sustained and growing customer demand. He points out that the cruise...
April 25, 2024 at 04:35 pm EDT
Chipotle CEO on Chicken Shortage, Raising Prices

Chipotle CEO on Chicken Shortage, Raising Prices

Brian Niccol, CEO of Chipotle Mexican Grill Inc, is optimistic that the company is in for a great year, thanks to a strategy that sets Chipotle apart from its fast-casual competitors. This strategy is...
April 25, 2024 at 04:21 pm EDT
Rubrik CEO Sinha on Company's IPO

Rubrik CEO Sinha on Company's IPO

Rubrik CEO Bipul Sinha shares his excitement about the company's initial public offering , with shares listed to open at $38, having been priced at $32. He stresses the importance of the day for...
April 25, 2024 at 04:20 pm EDT
Airbus CEO Says the Supply Chain Is Stretched

Airbus CEO Says the Supply Chain Is Stretched

Airbus CEO Guillaume Faury notes a 12% increase in commercial aircraft deliveries to 142 units. He says that, despite a complex supply chain environment, Airbus remains on track with its annual...
April 25, 2024 at 04:04 pm EDT
Natasha Boulding, CEO of Low Carbon Materials, introduces carbon-negative building materials

Natasha Boulding, CEO of Low Carbon Materials, introduces carbon-negative building materials

Natasha Boulding, CEO of Low Carbon Materials, says her startup is tackling climate change through materials innovation. It is particularly focused on reducing emissions from building materials and...
April 25, 2024 at 12:37 pm EDT
Dow CEO Jim Fitterling sees strong demand in several sectors

Dow CEO Jim Fitterling sees strong demand in several sectors

Dow CEO Jim Fitterling sees strong demand in a number of sectors, including automotive, industrial electronics, silicones thermal management, infrastructure, plastic packaging and pharmaceuticals. He...
April 25, 2024 at 11:31 am EDT
Why Shares of Meta Are Sinking After Earnings Report

Why Shares of Meta Are Sinking After Earnings Report

Meta's shares fell by more than 12% after the market close following the publication of its results. The main concern is the significant increase in capital expenditure and operating expenses,...
April 24, 2024 at 05:14 pm EDT
Ford Is on Track for a Solid Year, CFO Lawler Says

Ford Is on Track for a Solid Year, CFO Lawler Says

Ford CFO John Lawler reports that the company is on track for a strong year, with adjusted EBIT forecast at between ten and twelve billion dollars. Despite challenges in the electric vehicle sector,...
April 24, 2024 at 04:59 pm EDT
Franklin Templeton launches two ETFs

Franklin Templeton launches two ETFs

Felicity Walsh, Managing Director of Franklin Templeton for Australia and New Zealand, discusses the launch of two ETFs on the ASX.
April 24, 2024 at 12:35 am EDT
Tesla Misses on Earnings, Focused on New Lineup

Tesla Misses on Earnings, Focused on New Lineup

Tesla has missed its financial targets but is now focusing on expanding its product range. Faced with increasing competition from traditional manufacturers and Chinese initiatives, the company...
April 23, 2024 at 04:52 pm EDT
Apple iPhone Sales in China Dive 19%

Apple iPhone Sales in China Dive 19%

Apple's iPhone sales have fallen by 19% in China, raising major concerns about the company. Investors and Wall Street were already expecting a significant decline in China, after the firm recorded its...
April 23, 2024 at 03:00 pm EDT
GM Raises Guidance on Robust Truck Sales

GM Raises Guidance on Robust Truck Sales

General Motors has revised upwards its profit expectations for this year following a strong first quarter, driven by strong truck sales in the United States. This momentum has prompted the company to...
April 23, 2024 at 10:33 am EDT
SAP's Record Growth Driven By AI Boom, CFO Asam Says

SAP's Record Growth Driven By AI Boom, CFO Asam Says

SAP SE CFO Dominik Asam explains that SAP's growth comes primarily from the adoption of AI and transformation to the cloud, driving a 25% increase in cloud revenues on a constant currency basis....
April 23, 2024 at 08:35 am EDT