Tag Archives: CFO

Intel Stock Rises After Strong Earnings. CFO Says Chip Demand Will Outpace Supply Into Next Year.  Barron’s Intel stock jumps as Q3 earnings beat expectations, AI drives chip demand  Yahoo Finance Intel Surges as First Earnings Report Since U.S. Investment Shows Momentum  The Wall Street Journal Intel beats on sales in first earnings report since U.S. government became top shareholder  CNBC Intel beats third-quarter …

PepsiCo Taps Walmart Executive as New CFO  The Wall Street Journal PepsiCo earnings top estimates as international markets fuel sales growth  CNBC PepsiCo’s revenue grows, as higher prices offset a continued drop in beverage volumes  MarketWatch PepsiCo reports strong third quarter sales despite weakening demand in North America  ABC News – Breaking News, Latest News and Videos PepsiCo volumes slide as chief cites ‘constructive’ …

PepsiCo gains after topping earnings expectations, naming a new CFO (PEP:NASDAQ)  Seeking Alpha PepsiCo earnings top estimates as international markets fuel sales growth  CNBC PepsiCo’s revenue grows, as higher prices offset a continued drop in beverage volumes  MarketWatch PepsiCo reports strong third quarter sales despite weakening demand in North America  ABC News – Breaking News, Latest News and Videos PepsiCo beats earnings estimates on …

NEW YORK — Spirit Airlines plans to shrink its fleet by nearly 100 aircraft and exit different U.S. markets as part of a sweeping restructuring under Chapter 11, CFO Scott Cramer said on Friday during a virtual meeting with creditors. The low-cost carrier, which he said currently operates 214 aircraft, is using bankruptcy tools to eliminate unprofitable routes and reduce …

Good morning. U.S. tech companies, particularly in software, have dominated the 2025 Fortune Future 50 list. Snowflake, a cloud-based data storage company, takes the top spot on the list released this morning, followed closely by data, analytics, and AI provider Databricks. Both companies are fueled by the rise of AI in business—their platforms enable organizations to unlock and activate their own data …

AI disruption has sent shockwaves through the software sector this year. On Tuesday, a top OpenAI executive hammered home the potential threat to this lucrative industry. During a talk at a Goldman Sachs tech conference in San Francisco, OpenAI CFO Sarah Friar was asked about recent comments her boss made about the SaaS business. OpenAI CEO Sam Altman recently tweeted, …

XAI CFO Leaves Elon Musk’s AI Venture Three Months After Taking Job  Bloomberg.com Exclusive | xAI’s CFO Steps Down, the Latest in a String of Executive Departures  The Wall Street Journal xAI’s finance chief steps down after a few months on job, WSJ reports  Reuters Another Executive Joins the Elon Musk Exodus  The Daily Beast Elon Musk’s bid to dethrone OpenAI dealt yet another …

Mike Liberatore, xAI’s chief financial officer, has left the company, according to reporting from The Wall Street Journal. This marks the latest in a string of high-profile executive departures.  The former Airbnb executive joined the company in April and left around the end of July, per the WSJ. While at xAI, he helped orchestrate the company’s $5 billion debt raise, …

Exclusive | xAI’s CFO Steps Down, the Latest in a String of Executive Departures  The Wall Street Journal XAI CFO Leaves Elon Musk’s AI Venture Three Months After Taking Job  Bloomberg.com xAI’s finance chief steps down after a few months on job, WSJ reports  Yahoo Finance xAI’s CFO is the latest executive to leave Elon Musk’s AI firm  TechCrunch Another Executive Joins the Elon …

Sony’s chief financial officer says the company will learn from its live service failures, but insists that progress has been made despite them. In a Q&A session following the company’s latest financial results, one caller asked its panel of executives for an update on the current status of PlayStation‘s live service plan, and where it sees the issues when it …