Hints and tips:
...It added that the March 2021 meeting with then-finance officer Julie Hall had been “made and arranged” by M7’s then-chair Richard Croft....
...“It’s kind of an unprecedented change over a short period of time,” Akash Palkhiwala, the company’s chief financial officer told analysts this month....
...Revenue was down 8 per cent from a year ago, reflecting the deep inventory correction that hit the company early this year....
...However, he said that the inventory correction would be a bigger factor in the data centre business in the second half....
...Chief executive Pat Gelsinger blamed the latest step-down in Intel’s financial prospects on “persistent macro headwinds” and a much sharper chip inventory correction than it had been expecting....
...The writer is chief executive and chief investment officer of Richard Bernstein Advisors The Maytag Repairman was a fictional washing machine mechanic who was lonely because no one ever needed to repair...
...Part of the problem facing the sector has been an excess of “hype” about the technology, said Constantin Gonciulea, chief technology officer of advanced technology at Wells Fargo....
...Additional reporting by Richard Waters in San Francisco...
...Since the start of last week Google’s shares have risen 20 per cent, despite a sharp correction in tech stocks this year....
...Riding out a market sell-off Philippe Laffont had a strong feeling that a market correction was coming....
...David Wehner, chief financial officer at Meta, said the social media company expected to lose $10bn of revenue this year because of Apple’s changes....
...Letter in response to this article: Open access is founding stone of science publishing / From Steven Inchcoombe, Chief Publishing Officer, Springer Nature, London N1, UK...
...Elsewhere, Peiter Zatko, head of security, and Rinki Sethi, the chief information security officer, are both leaving Twitter. 2....
...richard.waters@ft.com...
...A likely housing market correction or crash will not help either....
...The technology focused Nasdaq Composite rose 0.7 per cent, having neared correction territory on Wednesday when it closed almost 8 per cent below its record high in April....
...Instead this week the chief executive and chief financial officer resigned and the company warned it could run out of money....
...“Households and corporations had more cash piled up than they knew what to do with,” said Dan Suzuki, deputy chief investment officer at Richard Bernstein Advisors....
...“Valuations are the highest since the tech bubble and some concern is warranted,” said Dan Suzuki, deputy chief investment officer at Richard Bernstein Advisors....
...Richard Saperstein, chief investment officer at Treasury Partners, said markets would probably continue to look through the political unrest....
...Big tech stocks had “drifted away” from normality, said Gregory Perdon, co-chief investment officer of private bank Arbuthnot Latham, speaking before tech stocks turned south....
...On Friday, the Financial Times unmasked SoftBank, the Japanese investment group, as the “Nasdaq whale” whose options trading helped stoke an eye-popping rally in tech stocks before a vicious market correction...
...“I don’t think that this has been some fundamental readjustment towards a downturn or another bear market” but instead marks a healthy correction, Mr Kamal added....
...That marked a 12 per cent decline since a peak last week — more than the 10 per cent fall that traders define as a correction....
...Richard Davies: It won’t....
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