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Good morning. As a new hire, you never truly know a company’s culture until you experience it firsthand. For Boeing CFO Jay Malave, it has been a little over three months—and he is ready to offer an evaluation. After a series of aircraft malfunctions, management challenges, and a strike by more than 33,000 machinists in 2024, … Read more
Two months after Nvidia and OpenAI unveiled their eyepopping plan to deploy at least 10 gigawatts of Nvidia systems—and up to $100 billion in investments—the chipmaker now admits the deal isn’t actually final. Speaking Tuesday at UBS’s Global Technology and AI Conference in Scottsdale, Ariz., Nvidia EVP and CFO Colette Kress told investors that the … Read more
Good morning. Intuit’s momentum is being driven by a robust strategy, deep investments in AI, and now a new partnership with OpenAI. The fintech company—maker of TurboTax, Credit Karma, and QuickBooks—this week announced a new multiyear contract, worth over $100 million, with OpenAI. The partnership brings Intuit’s platform capabilities directly into ChatGPT. “Hundreds of millions … Read more
Good morning. The Estée Lauder Companies (ELC), whose brands include MAC, Clinique, Aveda, and Le Labo, is gaining momentum in its multi-year turnaround. The company beat both revenue and earnings expectations in its latest quarter. “2025 was a year of stabilization, building credibility, and promises kept,” EVP and CFO Akhil Shrivastava told me. Courtesy of … Read more
Good morning. Blockchain technology is gaining mainstream traction in the U.S., with clearer regulations emerging as a key driver of adoption. To explore what that means for financial infrastructure, I sat down with Jeremy Fox-Geen, CFO of Circle Internet Group, a leading stablecoin issuer. “We are at the beginning of what can only be described … Read more
A Waymo autonomous self-driving Jaguar electric vehicle sits parked at an EVgo charging station in Los Angeles, California, on May 15, 2024. Patrick T. Fallon | AFP | Getty Images Waymo has tapped Google executive Steve Fieler as its new chief financial officer, the self-driving company announced on Monday. The new CFO comes as the … Read more
Good morning. As consumer pressure becomes more visible in the restaurant industry, Cava remains focused on growth and building its leadership pipeline. Cava, the Mediterranean-inspired fast-casual restaurant led by CEO Brett Schulman, reported its third-quarter earnings last week. Revenue increased 20% to $289.8 million. However, the company reduced its full-year sales growth guidance after reporting flat … Read more
Key Takeaways Robinhood is evaluating adding Bitcoin to its corporate balance sheet. Shiv Verma, VP of finance and strategy, confirmed the company is exploring crypto treasury options. Share this article Robinhood, the prominent trading platform, is evaluating whether to add Bitcoin to its corporate balance sheet, but no decision has been made, according to Shiv … Read more
Good morning. As AI becomes table stakes for business efficiency and risk management, Citigroup’s edge lies in how it uses technology to amplify its global reach, says CFO Mark Mason. Citi (No. 21 on the Fortune 500) serves clients in more than 180 countries, with a physical presence in over 90 countries. Its longstanding global presence—rooted … Read more
When Ozempic and Wegovy launched, their bombshell success was only going to be exclusive to their maker—Novo Nordisk—for a matter of time. While the Danish pharma giant holds the patents to these GLP-1s for the time being, some are due to expire as early as next year. The success of these drugs, used to treat … Read more
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