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Ernie Garcia, CEO of Carvana: The best quarter in the company's history
Carvana's Ernie Garcia reports on his company's performance and strategic direction. According to Garcia, Carvana's financial results reflect internal operational actions more than global economic...
May 03, 2024 at 02:40 am IST
Cristiano Amon, CEO of Qualcomm: AI is coming to our smartphones
Qualcomm CEO Cristiano Amon has reported a 40% increase in sales to Chinese handset manufacturers in the first half of the year. This growth is attributed to the stabilisation of the smartphone market...
May 03, 2024 at 12:43 am IST
DoorDash Outlook Falls Short Amid Profitability Scrutiny
DoorDash's CFO, Ravi Inukonda, discusses the cautious forecast for adjusted EBITDA for the second quarter, while anticipating an improvement for the second half of the year. He points out that the...
May 03, 2024 at 12:17 am IST
Novo Nordisk CEO: Demand for Wegovy outstrips supply
Lars Fruergaard Jørgensen, CEO of Novo Nordisk, announces that the company is facing demand outstripping supply, a problem it plans to gradually improve over the next year. The ramp-up in production...
May 02, 2024 at 10:06 pm IST
On the road to another recession?
Jerome Powell of the Federal Reserve is holding out hope of an interest rate cut later this year.
Powell stressed that there are two main conditions for the Fed to cut rates: inflation convergence...
May 02, 2024 at 03:10 pm IST
Aziz Aluthman Fakhroo, CEO of Ooredoo, announces an increase in turnover
Aziz Aluthman Fakhroo, CEO of Ooredoo, has welcomed a 4% increase in sales, ahead of expectations. He points out that this is the 15th consecutive quarter of growth for the company, with an EBITDA...
May 02, 2024 at 02:54 pm IST
Talal Al Dhiyebi, CEO of Aldar Properties: 40% of property buyers are international
Talal Al Dhiyebi, CEO of Aldar Properties, highlights the growth in international demand for property in the United Arab Emirates, particularly in Abu Dhabi. The share of non-resident international...
April 30, 2024 at 04:05 pm IST
Harvest Global CEO on Spot Crypto ETF Listing
Harvest Global CEO Tongli Han discusses the competitive fee structure of their crypto currency ETF in Hong Kong, offering free for the first six months before applying a 0.3% rate. Han emphasises the...
April 30, 2024 at 03:39 pm IST
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 30, 2024 at 02:05 am IST
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 30, 2024 at 12:31 am IST
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 11:17 pm IST
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 09:55 pm IST
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 01:53 pm IST
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 01:43 pm IST
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 03:58 pm IST
'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 26, 2024 at 02:05 am IST
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 26, 2024 at 01:51 am IST
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