Tag Archives: CEO

Exxon Mobil Stock Rises on Earnings. CEO Cites Highest Upstream Production in 25 Years.  Barron’s Exxon earnings beat estimates as production growth softens impact of lower oil prices  CNBC ExxonMobil announces second-quarter 2025 results  Exxon Mobil Corporation Exxon Chief Says Demand for Oil Remains ‘Very, Very Strong.’  The New York Times Exxon, Chevron profits to drop to lowest point since pandemic, analysts say  Yahoo Finance …

Vaccine maker Moderna cuts hundreds of jobs; CEO says ‘every effort’ made to avoid layoffs  The Business Journals Moderna to slash 10% of workforce as biotech cuts costs, Covid shot sales slow  CNBC Moderna announces layoffs, and Alnylam’s heart drug sees quick uptake  statnews.com Moderna will lay off 10% of employees, Massachusetts-based company announces  CBS News Moderna to cut more than 800 jobs this …

“James Bond is in the hands of one of today’s greatest filmmakers,” Amazon CEO Andy Jassy said Thursday, singling out news of the upcoming Denis Villeneuve film as as highlight of the June quarter. “We cannot wait to get started on 007’s next adventure.” He made the comments today on a call after a Q2 earnings report that saw Amazon …

In brief Robinhood CEO Vlad Tenev views tokenization as the future of finance. Robinhood is building its own Ethereum layer-2 scaling network. The firm surpassed analysts’ second-quarter expectations. Robinhood CEO Vlad Tenev referenced tokenization nearly a dozen times during the company’s second-quarter earnings broadcast on Wednesday, highlighting how the once-esoteric term is becoming a cornerstone of the retail brokerage’s crypto …

Electronic Arts CEO Andrew Wilson says it’s “all in as a company” on Battlefield 6, and that it “isn’t just a product” but the start of a new platform. In a Q&A during its earnings call following the publication of its Q1 results for FY2016, Wilson was asked to talk about EA‘s marketing strategy for Battlefield 6 and how it …

Novo Nordisk slides further on US competition, new CEO concerns  Reuters Novo Nordisk Stock Got Battered. Think Twice Before Buying the Dip.  Barron’s Novo CEO’s First Test Is Winning Back the US Weight-Loss Market  Bloomberg.com Drugmaker Novo Nordisk slashes Wegovy sales forecasts, blaming compounding  NPR European markets close mixed; Novo Nordisk extends losses  CNBC Source link

Starbucks CEO details brand reset plan as turnaround efforts drive sales beat  Reuters Starbucks same-store sales fall again, but CEO Niccol says turnaround is ahead of schedule  CNBC Starbucks looks to protein drinks and other new products to turn around lagging US sales next year  ABC News Starbucks stock pops, US same-store sales fall less than feared as new CEO Brian Niccol continues …

Sam Altman has claimed the next stage of ChatGPT’s development is so fast and powerful, it’s left him genuinely scared. Altman’s comments come from his appearance on the This Past Weekend with Theo Von podcast, where he also suggested AI conversations should have legal confidentiality. OpenAI CEO Sam Altman: “It feels very fast.” – “While testing GPT5 I got scared” …

By Savyata Mishra (Reuters) -Starbucks reported better-than-expected revenue rise for the third quarter, as demand in China improved while investments in labor and store operations, and changes to the menu helped it offset slowing consumer spending in its domestic market. The Seattle-based company’s shares rose 3.6% to $96.33 in extended trading on Tuesday. After several quarters of falling sales, the …

DALLAS – The Dallas Mavericks have hired former Minnesota Timberwolves CEO Ethan Casson to be the team’s new president, the team announced Tuesday. Casson spent nine seasons leading the Timberwolves and Lynx business operations. He previously was the Chief Operating Officer of the San Francisco 49ers. Casson stepped down from his position in Minnesota last month after the Timberwolves and …