Latest in Cfo Makes Earnings
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Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts
In her first earnings call as Alphabet CFO, Anat Ashkenazi said more streamlining will be needed so the company can invest in AI.Business - CNBC - October 30 -
Societe Generale Taps Sabadell's Alvear as New CFO
The French bank outlined several management changes as it reported a sharp rise in net profit for the third quarter, helped by higher banking income.Business - The Wall Street Journal - October 31 -
Japan urgently needs to plug its CFO deficit
Investors expect to deal with people fluent in shareholder-focused languageWorld - Financial Times - 19 hours ago -
Palantir’s stock soars as earnings make at least one bear rethink his view
A Morgan Stanley analyst strips his “underweight” rating as Palantir’s latest results go against three elements of his prior bearish stance.Business - MarketWatch - November 5 -
Big companies are seeing more turnover in the CFO chair. Here's why that matters
CFO turnover hit 8.9% globally during the period, surpassing levels in 2022 and 2023.Business - CNBC - October 26 -
Microsoft CFO says OpenAI investment will cut into profit this quarter
Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.Business - CNBC - October 31 -
X Names New CFO as Musk Shifts Focus to Trump Administration
Mahmoud Reza Banki, former Tubi finance chief, joins platform amid financial challenges.Business - The Wall Street Journal - November 13 -
Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts
The German car maker reported a sharp 12% drop in its sales in China as it said it profits were hit by higher fixed costs and €2.2 billion worth of restructuring expensesBusiness - MarketWatch - October 30 -
Phunware’s stock slides after CFO steps down and poll puts Harris ahead in Iowa
Shares of Phunware Inc. are down 5.1% after the mobile-advertising company tied to former President Donald Trump’s 2020 campaign said Chief Financial Officer Troy Reisner is stepping down. The news ...Business - MarketWatch - November 4 -
Trump Media CFO, two other insiders sell millions of dollars worth of DJT stock
President-elect Donald Trump holds the majority of stock in Trump Media. DJT shares have dramatically fluctuated in value since becoming publicly traded.Business - CNBC - November 13 -
Trump Media CFO, two other insiders sell millions of dollars worth of DJT stock
The chief financial officer of Trump Media and two other corporate insiders sold more than $16 million worth of company stock in the week following the presidential election, according to new ...Top stories - NBC News - November 13 -
Canva hires former Zoom CFO Kelly Steckelberg to run finance ahead of expected IPO
Canva's new finance chief Kelly Steckelberg helped take Zoom public five years ago.Business - CNBC - 3 days ago -
Walmart may have to raise some prices if Trump tariffs take effect, CFO says
The discounter's comments are the latest warning from retail leaders about the potential impact of the tariffs.Business - CNBC - 2 days ago -
Walmart will likely raise some prices if Trump tariffs take effect, CFO says
Walmart’s CFO John David Rainey said the retailer would likely have to raise prices on some items if President-elect Donald Trump’s proposed tariffs take effect.Top stories - NBC News - 2 days ago -
Walmart CFO says some prices might rise if Trump's tariffs take effect
A Walmart executive warned that President-elect Trump’s plans to raise tariffs on imports could drive the retail giant to increase the price of store items. “We never want to raise prices,” ...Politics - The Hill - 2 days ago -
TJX boosted by strength in Europe, as retailer posts earnings beat and raises guidance
TJX Cos.’ stock was flat in afternoon trade Wednesday after rising from its morning lows, which came even after the discount retailer’s fiscal third-quarter earnings topped estimates and it again ...Business - MarketWatch - Yesterday -
Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year
Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.Business - CNBC - October 24 -
PayPal shares fall on revenue miss, soft guidance
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.Business - CNBC - October 29 -
Alphabet shares rise on earnings beats boosted by cloud revenue
Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.Business - CNBC - October 30 -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - October 30 -
Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - October 31 -
Airbus Revenue, Earnings Beat Forecasts
Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.Business - The Wall Street Journal - October 30 -
Amazon shares pop on earnings beat, cloud growth
The company's cloud and advertising units showed strong growth.Business - CNBC - October 31 -
Target Shares Tumble on Earnings Miss
The stock fell 21% after the retailer posted disappointing quarterly results and lowered its guidance for the full year.Business - The Wall Street Journal - Yesterday -
What to Know About Nvidia’s High-Stakes Earnings Report
Investors have high hopes for the chipmaker, the world’s most valuable company, which has enormous influence over the stock market.Business - The New York Times - Yesterday -
Kuehne + Nagel Earnings Boosted by Volume Growth and Efficiencies
Kuehne + Nagel reported a forecast-beating rise in third-quarter profitability as efficiency measures and higher volumes helped boost the performance of its sea and air logistics businesses.Business - The Wall Street Journal - October 23 -
Lloyds beats earnings forecasts as lending rises
Mortgage book grows as customers take advantage of fall in interest ratesBusiness - Financial Times - October 23 -
Dassault Systemes Cuts Guidance After Earnings Disappoint
The French software maker lowered its guidance for the year after revenue and operating profit came in shy of analyst expectations in the third quarter.Business - The Wall Street Journal - October 24 -
How much interest will a $50,000 CD earn now?
A $50,000 CD opened now could result in thousands of dollars worth of earned interest. Here's what to know.Top stories - CBS News - October 24 -
Sanofi Earnings Boosted by Early Vaccine Sales
The pharmaceutical company reported third-quarter earnings and sales that beat analysts’ expectations, boosted by earlier-than-anticipated deliveries of flu and respiratory syncytial virus vaccines ...Business - The Wall Street Journal - October 25 -
Tesla’s blowout earnings still leaves investors with these questions
A closer look at Tesla’s automotive gross margins and other aspects of its business are still big question marks for investors.Business - MarketWatch - October 26 -
Companies’ earnings reports increase volatility of US stocks
Share prices swing as high valuations and uncertain outlook put investors on edgeWorld - Financial Times - October 26 -
Cramer says to not trade big winners ahead of earnings
CNBC's Jim Cramer looked at trading around Alphabet, Microsoft, Amazon and Apple as examples of Wall Street moves around earnings.Business - CNBC - October 28 -
McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.Business - CNBC - October 29 -
Pfizer’s earnings crush estimates as company raises guidance
Drug company Pfizer saw strong growth for its heart-disease drugs and migraine treatment.Business - MarketWatch - October 29 -
UK earnings inequality falls to lowest on record
Drop comes after successive increases in hourly minimum wageWorld - Financial Times - October 29