Cruise Operator Viking Files for IPO

Cruise Operator Viking Files for IPO

-- Viking, a cruise company, has filed for an initial public offering as the travel industry gradually recovers from the negative impacts of the pandemic. The move is attracting particular attention...
April 05, 2024 at 03:49 pm
Cloudflare CEO:  Hugging Face Is the GitHub for AI

Cloudflare CEO: Hugging Face Is the GitHub for AI

-- Matthew Prince, CEO of Cloudflare, highlights the growing interest in generative artificial intelligence among businesses. Cloudflare is looking to make the technology more affordable and easy to...
April 05, 2024 at 02:07 pm
Levi's CEO:  Honored Beyonce Would Name a Song After Us

Levi's CEO: Honored Beyonce Would Name a Song After Us

-- Michelle Gass, CEO of Levi's, expresses her pride and honour that global cultural icon Beyoncé has chosen to name a song Levi's jeans on her new album. She sees this as proof that Levi's remains...
April 05, 2024 at 01:58 pm
Pigment:  AI Poised to Dethrone Excel

Pigment: AI Poised to Dethrone Excel

-- Eleonore Crespo, co-founder and co-CEO of Pigment, discusses the use of the company's recently raised funds, stressing that they were not an immediate necessity thanks to exceptional revenue...
April 04, 2024 at 03:45 pm
Hunter Point founders raise over $3.3B

Hunter Point founders raise over $3.3B

-- Bennett Goodman and Avi Kalichstein, heads of Hunter Point Capital, announce that they have raised over $3.3bn, surpassing their target of $800m. This success comes at a time when fundraising is...
April 04, 2024 at 01:37 pm
Hertz's Doomed Bet on 100,000 Teslas

Hertz's Doomed Bet on 100,000 Teslas

-- In 2021, Hertz, a bankrupt car rental company, was taken over by two financial experts who decided to bet on electric cars by ordering 100,000 Tesla vehicles. This ambitious choice, initially seen...
April 04, 2024 at 01:16 pm
BlackRock's Boivin Says Don't Expect Long-Term Rates to Fall

BlackRock's Boivin Says Don't Expect Long-Term Rates to Fall

-- Jean Boivin, Director of BlackRock Investment Institute, discusses recent statements by US Federal Reserve Chairman Jerome Powell. He interprets the recent economic data as temporary difficulties,...
April 04, 2024 at 08:30 am
Disney CEO Iger Wins Proxy Battle, But Headaches Remain

Disney CEO Iger Wins Proxy Battle, But Headaches Remain

-- Bob Iger, head of Walt Disney, has won a significant victory in a proxy battle, cementing his status as a dominant figure in Hollywood. The win caps a tough and expensive campaign for Disney,...
April 04, 2024 at 07:10 am
ThredUp CEO:  Thrift, Resale Taking Share From Brands

ThredUp CEO: Thrift, Resale Taking Share From Brands

-- James Reinhart, CEO of ThredUp, highlights the growing consumer interest in buying second-hand products, driven by environmental and financial reasons. He highlights the importance of technology...
April 03, 2024 at 05:13 pm
Paramount turns down $26bn bid to join forces with Skydance

Paramount turns down $26bn bid to join forces with Skydance

-- Paramount Global has entered into exclusive discussions with David Ellison-led Skydance, setting aside a $26bn offer from Apollo Global Management. The move, prompted by concerns over the...
April 03, 2024 at 04:17 pm
Apple Explores Personal Robots After Car Fails

Apple Explores Personal Robots After Car Fails

-- Apple is embarking on the adventure of personal robotics, opening a new chapter after the challenges encountered with its autonomous car project. The company has set up specialist teams to explore...
April 03, 2024 at 04:01 pm
According to Eric Veiel, CIO of T. Rowe Price:  The financial sector has already reached full valuation

According to Eric Veiel, CIO of T. Rowe Price: The financial sector has already reached full valuation

-- Eric Veiel, CIO of T. Rowe Price, takes a measured approach to persistent inflation and the risk of a 1970s-style scenario. At present, T. Rowe Price maintains a neutral position between equities...
April 03, 2024 at 08:15 am
Europe Stocks to See High Single-Digit Gains in 2024:  Citi

Europe Stocks to See High Single-Digit Gains in 2024: Citi

-- Citigroup's Elise Badoy points out that the European Central Bank's interest rate decisions appear to precede those of the US Federal Reserve. Despite some economic weakness in Europe, this could...
April 03, 2024 at 05:38 am
Toyota, GM Sales Signal Shift Back to Cheaper Cars

Toyota, GM Sales Signal Shift Back to Cheaper Cars

-- Recent sales by Toyota and General Motors show a renewed interest in compact and economical cars. Faced with average new car prices of $47,000, American consumers are turning to more affordable...
April 03, 2024 at 04:01 am
San Francisco Fed President Mary Daly:  Three Fed Rate Cuts Reasonable Projection for 2024

San Francisco Fed President Mary Daly: Three Fed Rate Cuts Reasonable Projection for 2024

-- The president of the San Francisco Federal Reserve, Mary Daly, has confirmed that the Fed is considering three rate cuts for the current year, while making it clear that these forecasts are not...
April 02, 2024 at 02:53 pm
Lazard's M&A Chief Sees a Lot of Firepower on the Sidelines

Lazard's M&A Chief Sees a Lot of Firepower on the Sidelines

-- Mark McMaster, global head of mergers and acquisitions at Lazard, notes that even with high borrowing costs, companies continue to borrow to finance acquisitions. He expects this trend to...
April 02, 2024 at 01:42 pm
BlackRock Debuts its First Tokenized Fund

BlackRock Debuts its First Tokenized Fund

-- BlackRock is launching its first tokenised fund, marking a significant step in the innovation of financial services through blockchain technology. The fund aims to transform capital markets by...
April 02, 2024 at 11:56 am