Tesla and Apple are the ‘Magnificent Seven’ firms hit hardest by tariff shocks

by mikej222 | Feb 4, 2025 | Uncategorized

This post was originally published on this siteTesla’s stock fell 5% on Monday, the biggest drop for any member of the so-called “Magnificent Seven,” while Apple shares dropped 3%. Read...

Goldman Sachs says Trump’s tariffs could bruise stocks, estimating every 5 percentage point increase would slash S&P 500 earnings-per-share by 1-2%

by mikej222 | Feb 4, 2025 | Uncategorized

This post was originally published on this siteBefore the U-turn on tariffs, Goldman Sachs said “there is a substantial probability that the tariffs on Canada and Mexico will be temporary.” Read...

AI company Anthropic’s ironic warning to job candidates: “Please do not use AI”

by mikej222 | Feb 4, 2025 | Uncategorized

This post was originally published on this siteThe tech juggernaut wants to field communication skills without help from tech, and Anthropic isn’t the only employer pushing back. Read...

Citi’s Jane Fraser is bucking the RTO trend in the hope of poaching top talent from the likes of JPMorgan

by mikej222 | Feb 4, 2025 | Uncategorized

This post was originally published on this siteCEO Jane Fraser is maintaining a hybrid work policy and positioning the bank’s flexibility as a competitive recruitment advantage. Read...

Tapestry’s CEO didn’t think she was the ‘CEO type’ until her company needed a leader

by mikej222 | Feb 4, 2025 | Uncategorized

This post was originally published on this siteJoanne Crevoiserat’s path to the CEO role at Tapestry was unexpected. She doubted she fit the traditional mold of a chief executive. Read...