Forbes on Nostr: How CFOs Can Win: Be Switzerland ========== Optimism is still strong on Wall Street ...
How CFOs Can Win: Be Switzerland
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Optimism is still strong on Wall Street following Federal Reserve Chairman Jerome Powell's announcement that interest rates would not be cut. Markets rallied after the Labor Department showed job growth cooled in April. Apple's earnings report exceeded expectations, despite declining sales and demand. Warren Buffett's Berkshire Hathaway sold off about 13% of its holdings in Apple, possibly to pay larger taxes. Peloton reported a quarterly net loss of $167.3 million and layoffs of about 400 employees. Boeing locked out its unionized on-site firefighters at its manufacturing plants in Washington. Luxury cruise ship operator Viking Holdings had a successful IPO. Jason Godley, CFO at Xactly, discusses the importance of strategy and communication for startups. Amazon exceeded expectations in its earnings report, pushing it closer to beating its all-time high stock price. Unilever reported overall sales growth in its most recent earnings.
#Cfo #WallStreet #FederalReserve #JeromePowell #JobGrowth #Apple #Earnings #WarrenBuffett #BerkshireHathaway #Peloton #Boeing #VikingHoldings #Startups #Amazon #Unilever
https://www.forbes.com/sites/meganpoinski/2024/05/07/how-cfos-can-win-be-switzerland/
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Optimism is still strong on Wall Street following Federal Reserve Chairman Jerome Powell's announcement that interest rates would not be cut. Markets rallied after the Labor Department showed job growth cooled in April. Apple's earnings report exceeded expectations, despite declining sales and demand. Warren Buffett's Berkshire Hathaway sold off about 13% of its holdings in Apple, possibly to pay larger taxes. Peloton reported a quarterly net loss of $167.3 million and layoffs of about 400 employees. Boeing locked out its unionized on-site firefighters at its manufacturing plants in Washington. Luxury cruise ship operator Viking Holdings had a successful IPO. Jason Godley, CFO at Xactly, discusses the importance of strategy and communication for startups. Amazon exceeded expectations in its earnings report, pushing it closer to beating its all-time high stock price. Unilever reported overall sales growth in its most recent earnings.
#Cfo #WallStreet #FederalReserve #JeromePowell #JobGrowth #Apple #Earnings #WarrenBuffett #BerkshireHathaway #Peloton #Boeing #VikingHoldings #Startups #Amazon #Unilever
https://www.forbes.com/sites/meganpoinski/2024/05/07/how-cfos-can-win-be-switzerland/