Martin Daum, CEO of Daimler Truck, is not afraid of competition from Tesla

Martin Daum, CEO of Daimler Truck, is not afraid of competition from Tesla

-- Martin Daum, CEO of Daimler Truck, reports that the company's shares have risen significantly on the back of revenue growth forecasts. The company forecasts a significant increase in revenues of...
March 18, 2024 at 12:04 pm EDT
How Cisco Will Integrate Splunk Into Company

How Cisco Will Integrate Splunk Into Company

-- Cisco has just completed its acquisition of Splunk for $28 billion, marking the largest deal in its history. The two software giants are joining forces with the aim of strengthening and...
March 18, 2024 at 11:53 am EDT
IKEA achieves a quarter of its sales through e-commerce, an important development since the pandemic

IKEA achieves a quarter of its sales through e-commerce, an important development since the pandemic

-- Jon Abrahamsson Ring, CEO of IKEA, stresses the importance of inventory management and customer experience. He observes that consumers, despite a robust market in the US, are becoming more...
March 15, 2024 at 05:38 pm EDT
Hertz CEO to Step Down as Electric Vehicle Bet Unwinds

Hertz CEO to Step Down as Electric Vehicle Bet Unwinds

-- Stephen Scherr, CEO of Hertz Global Holdings, is stepping down from his post. Bloomberg reports that the company plans to replace him with Gil West, former COO of Cruz. The move follows a major...
March 15, 2024 at 05:21 pm EDT
Cerebras CEO on 'Largest Ever Made' AI Chip

Cerebras CEO on 'Largest Ever Made' AI Chip

-- Andrew Feldman, CEO of Cerebras Systems, points out that the third generation of their chip enables the same work to be done in half the time without any increase in price. The chip contains four...
March 15, 2024 at 03:26 pm EDT
Crystol Energy CEO Carole Nakhle on Oil Markets

Crystol Energy CEO Carole Nakhle on Oil Markets

-- The International Energy Agency has revised its forecast from a surplus to a deficit on the oil market. However, this prediction is based on the assumption that OPEC+ will continue its production...
March 15, 2024 at 08:15 am EDT
Piraeus Bank Sees Dividend Payment for First Time Since 2008

Piraeus Bank Sees Dividend Payment for First Time Since 2008

-- Christos Megalou, CEO of Piraeus Financial, sees the sale of the state's stake as a sign of confidence and a success for the bank. He explains that the bank's turnaround is the result of a...
March 15, 2024 at 07:53 am EDT
Steven Townend, CEO of BOC Aviation:  Air traffic exceeds pre-pandemic levels

Steven Townend, CEO of BOC Aviation: Air traffic exceeds pre-pandemic levels

-- Steven Townend, CEO of BOC Aviation, reports record results for the company with 764 million, beating the previous record of 702 million in 2019. He believes these figures are sustainable, thanks...
March 15, 2024 at 07:18 am EDT
Takeshi Niinami, Chairman of Suntory:  Labour shortage in Japan

Takeshi Niinami, Chairman of Suntory: Labour shortage in Japan

-- Takeshi Niinami, President of Suntory, expresses that Japanese consumers are currently not confident and are worried about the future, particularly regarding the sustainability of social security...
March 15, 2024 at 07:03 am EDT
TikTok Sell-or-Ban Bill Hits Senate Tumult

TikTok Sell-or-Ban Bill Hits Senate Tumult

-- The US is considering the possibility of a US technology company acquiring TikTok's US operations. The issue is relevant in a context where technology acquisitions and the social media market are...
March 14, 2024 at 02:24 pm EDT
BofA's Hartnett Sees Characteristics of a Bubble in Mag 7, Crypto

BofA's Hartnett Sees Characteristics of a Bubble in Mag 7, Crypto

-- Michael Hartnett, chief investment strategist at Bank of America Corp sees a bubble in the markets around artificial intelligence and cryptocurrency stocks. He suggests using the Barbell strategy,...
March 14, 2024 at 11:52 am EDT
Myles O'Grady, CEO of Bank of Ireland:  Inflation will return to 2% in the next 12 to 18 months

Myles O'Grady, CEO of Bank of Ireland: Inflation will return to 2% in the next 12 to 18 months

-- Myles O'Grady, CEO of Bank of Ireland, notes that inflation in the eurozone has fallen and expects it to move closer to the 2% target in the next 12 to 18 months, which should influence monetary...
March 14, 2024 at 11:40 am EDT
Blue Owl Capital:  Our Portfolio Is Strong, Economy Is Positive

Blue Owl Capital: Our Portfolio Is Strong, Economy Is Positive

Blue Owl Capital's joint managing director Marc Lipschultz reports that the firm's portfolio of 350 companies is currently in good shape and shows no signs of weakness, despite the interest rate...
March 14, 2024 at 09:38 am EDT
Blackstone's Gray Sees Good Time to Move on Real Estate

Blackstone's Gray Sees Good Time to Move on Real Estate

-- Jon Gray, chairman of Blackstone, warns that overly cautious monetary policy by central banks could lead to an economic slowdown. He warns that banks, having kept rates low and slowly reduced...
March 14, 2024 at 08:29 am EDT
AXA CEO Thomas Buberl on Climate Change Impact

AXA CEO Thomas Buberl on Climate Change Impact

-- When it comes to property and casualty insurance, AXA CEO Thomas Buberl highlights one major risk: climate change. He notes a significant increase in the number of natural disasters, including not...
March 13, 2024 at 08:34 am EDT
Atlas Air Worldwide CEO:  Pressure on air freight supply likely to increase

Atlas Air Worldwide CEO: Pressure on air freight supply likely to increase

-- Michael Steen, CEO of Atlas Air Worldwide, discusses the current state of the air cargo industry and his company's position. After years marked by the COVID-19 pandemic, the market has recovered...
March 13, 2024 at 04:34 am EDT
Snap-On CEO:  Supply Chain Issues Are in Rear-View Mirror

Snap-On CEO: Supply Chain Issues Are in Rear-View Mirror

-- Nick Pinchuk, CEO of Snap-On, shares his analysis of the current economic situation, pointing out that inflation and supply chain turbulence are now a thing of the past. He notes that large...
March 12, 2024 at 04:37 pm EDT
David Ricks, CEO of Eli Lilly:  A market of over a billion people

David Ricks, CEO of Eli Lilly: A market of over a billion people

-- Eli Lilly CEO Dave Ricks says GLP-1 is an important invention with the potential to improve the lives of many people and that Lilly has been working in this area for a long time, having launched...
March 12, 2024 at 02:47 pm EDT
Liquid Death CEO Won't Rule Out an IPO

Liquid Death CEO Won't Rule Out an IPO

-- Liquid Death, a beverage company founded in 2019, has seen its valuation double from $700 million in 2022 to $1.4 billion. CEO Mike Cessario says the funds raised will be used to further develop...
March 12, 2024 at 12:07 pm EDT
Morgan Stanley's Wilson:  Be a Stock Picker Now

Morgan Stanley's Wilson: Be a Stock Picker Now

-- Mike Wilson, Morgan Stanley's chief investment officer, notes that the stock market is currently being driven by very accommodative financial conditions and abundant liquidity, which favour...
March 12, 2024 at 09:46 am EDT