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Tag: Management

Business

C3.ai shares soar as CEO Siebel touts ‘dramatic shift’ in sentiment amid AI hype

Drathby DrathMarch 3, 20230

Shares of C3.ai Inc. rose 14% in afterhours action on Thursday after the software company, which deals in business AI, issued an upbeat forecast and …

Business

Tesla shareholders seek to undo Elon Musk’s $55 billion salary package

Drathby DrathFebruary 22, 20230

WILMINGTON, Del. — Lawyers for a Tesla shareholder urged a Delaware judge on Tuesday to invalidate a 2018 compensation package awarded by the company’s board …

Business

Facebook Parent Meta gives thousands of workers poor reviews

Drathby DrathFebruary 17, 20230

Meta Platform parent of Facebook Inc. HALF -0.93% gave thousands of employees poor ratings in a recently concluded round of performance reviews, a sign that …

Business

Paramount posts a big miss on earnings. The stock is falling.

Drathby DrathFebruary 16, 20230

Text size Paramount reported revenue that slightly fell short of expectations. Time to dream Global Paramount The stock fell sharply on Thursday after the media …

Business

Trade Desk shares soar as CEO says company is outperforming like never before

Drathby DrathFebruary 15, 20230

Shares of Trade Desk Inc. rose Wednesday after the ad tech company issued an upbeat outlook that helped allay fears about the digital advertising market. …

Business

AMC CEO Adam Aron eyes 2023 surge in theatrical releases, touts ‘path to eventual recovery from pandemic’

Drathby DrathFebruary 13, 20230

AMC Entertainment Holdings Inc.’s path to recovery will be helped by an increase in theatrical releases this year, according to CEO Adam Aron, who noted …

Business

This Facebook executive’s $4 million stock sale could be another sign of Meta’s rebound

Drathby DrathFebruary 11, 20230

A Meta Platforms Inc. executive’s multimillion-dollar stock sale could be another sign that things are returning to normal at the social media company. Chief Business …

Business

PayPal’s earnings “leave a lot to discuss” on a polarizing stock

Drathby DrathFebruary 10, 20230

PayPal Holdings Inc. has been a polarizing stock lately, and it appears to be continuing on the heels of the company’s most recent earnings report. …

Business

PayPal CEO Dan Schulman plans his exit as profits grow again

Drathby DrathFebruary 10, 20230

Just one thing was missing from PayPal Holdings Inc.’s robust fourth-quarter earnings report, which led to strong profit results, a new user metric, and the …

Business

Claiming to layoff 19% of staff, stockpiles after earnings disappointment

Drathby DrathFebruary 8, 20230

Affirm Holdings Inc. on Wednesday announced plans to cut 19% of its staff following an earnings report in which the buy-now-pay-later company was coy on …

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