All articles tagged with #ceo statement
Sony Group's CEO has stated that the company has no intention of acquiring Warner Bros. Discovery, indicating a clear stance on potential mergers or acquisitions in the media industry.
CoreWeave's CEO stated that the company does not need Core Scientific if its acquisition offer is rejected, indicating confidence in its independent operations and strategic direction.
MUBI's CEO denies claims that the company's investment is connected to funding the war, amid backlash and staff protests related to its Israeli ties and investment from Sequoia Capital.
Spirit Airlines faces significant financial challenges, with a recent regulatory filing expressing 'substantial doubt' about its ability to continue operating, but CEO Dave Davis downplays the severity, claiming the company is making strategic changes like route re-evaluation and market growth to turn things around, despite ongoing losses and industry pressures.
Charles Schwab's stock dropped nearly 9% after CEO Walt Bettinger announced plans to downsize the firm to maintain profitability, relying on off-balance sheet deals with partners. The company reported 985,000 new brokerage accounts in Q2, below expectations, and posted adjusted EPS of 73 cents on $4.69 billion in revenue, in line with analysts' estimates.
Rivian CEO R.J. Scaringe compared buying a gas-powered car to building a horse barn in 1910, suggesting that those who ignore the progress in the EV space will soon regret their decision. With the increasing interest and uptake in EVs, Scaringe expressed optimism for the future and expects to deliver the R2 model in 2026. Rivian's recent deal with Tesla to allow Rivian vehicles to be charged in Tesla's Supercharger points may boost customer confidence in their vehicles.