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Business News
Nvidia Earnings Beat Sends Nasdaq to Fresh Highs
Nvidia jumped 9.3% on August 27 after its fiscal second-quarter results and revenue guidance topped Wall Street estimates, powering the Nasdaq to a gain of more than 1.4% even as core inflation held at 3.3%, keeping investors focused on whether the AI spending boom can keep outrunning the economy's soft spots.
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Amazon Tops $3 Trillion as AI Earnings Lift Big Tech
Amazon's market cap crossed $3 trillion for the first time after the company disclosed $25 billion in annual AI and chip revenue and 36.7% AWS growth. Microsoft, Meta, Google and Oracle all rallied 5% to 7% the same day as Azure topped $100 billion in annual sales.
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Solstice and Brookfield Lead a $21B Week of Dealmaking
Solstice's $14.5 billion acquisition of Element Solutions and Brookfield's roughly $7 billion purchase of Aypa rank as the largest strategic and sponsor-backed U.S. deals of the period, even as overall global M&A value fell 39% month-over-month to about $410 billion.
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Fed Chair Kevin Warsh Faces First Jackson Hole Test
Kevin Warsh delivers his first Jackson Hole keynote as Fed chair Friday, with markets seeking clarity on inflation that remains above the Fed's 2% target after his vague July commentary helped push long-term Treasury yields to 20-year highs.
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Wendy's Shares Plunge as Trian Walks Away From Buyout
Wendy's shares fell more than 14% after Reuters reported Trian Fund Management, which holds roughly 16% of the chain, has shelved its take-private bid, citing concerns over performance, valuation and strategic direction.
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Okta Shares Jump 23% on Strong Earnings Beat
Okta shares jumped 23.3% on August 27 after the identity-management software maker posted quarterly results and guidance that comfortably beat Wall Street expectations, one of the S&P 500's biggest movers in a rally-heavy week for enterprise software earnings.
Read Full Story→Featured Leaders
Celebrating the world's most inspiring leaders, innovators & changemakers
Nataliia Rzhevska
A seasoned EdTech innovation builder driving digital transformation in modern education through cognitive technology and creative vision.
Dr. Maria Ryan
President and CEO of Cottage Hospital, known for high-integrity, energetic leadership and consistently successful outcomes in complex healthcare settings.
Graham Robertson
Brand storyteller and strategist helping companies build brands that create desire and lasting customer loyalty.
Sheryl Battles
VP of Global Diversity, Inclusion & Engagement at Pitney Bowes, championing storytelling and strategy to build a more inclusive corporate world.
Rozy Rana
Managing Director at Dormans Coffee Limited, leading innovation to deliver a delightful coffee experience to a global audience.
Emmanuel Daniel
Founder of The Asian Banker, helping leaders achieve the extraordinary through self-discovery and purposeful growth.
Leadership News
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Demis Hassabis Steps Back as Google DeepMind CEO
DeepMind cofounder Demis Hassabis is moving into a new role as Chairman of DeepMind and Chief Scientist of Alphabet, handing day-to-day leadership to Koray Kavukcuoglu, the unit’s former CTO. Hassabis says the shift will let him focus on AGI strategy and Isomorphic Labs, Alphabet’s drug-discovery venture.
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JPMorgan Narrows the Field to Succeed Jamie Dimon
JPMorgan Chase has promoted Doug Petno and Troy Rohrbaugh to co-president, positioning both as contenders to eventually succeed CEO Jamie Dimon. Petno takes charge of commercial and investment banking while Rohrbaugh moves into consumer and community banking, with no fixed succession timeline announced.
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BP Names Meg O’Neill First Woman to Lead a Big Oil Major
BP has appointed Woodside Energy chief Meg O’Neill as its next CEO, making her the first woman to run one of the world’s largest oil companies. She succeeds Murray Auchincloss effective April 1, bringing two decades at ExxonMobil and Woodside’s recent expansion into global gas markets.
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Disney Hands the Keys to Parks Chief Josh D’Amaro
The Walt Disney Company has named Josh D’Amaro, longtime head of its parks and experiences division, as CEO to succeed Bob Iger effective March 18. The transition caps a multi-year succession process the board first signaled in late 2024.
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Cracker Barrel Turns to David Deno After a Turbulent Year
Cracker Barrel has named David Deno as CEO, succeeding Julie Masino after a year marked by rebrand backlash and a sliding stock price. Deno inherits a chain now working to rebuild investor and customer confidence following the reversal of its short-lived logo redesign.
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Charles River Laboratories Closes a 50-Year Chapter
Longtime chief executive James C. Foster is retiring after more than 30 years at the helm of Charles River Laboratories, handing the CEO role to Chief Operating Officer Birgit Girshick. Foster will stay on the board as Martin Mackay steps in as non-executive chair.
Read Full Story→Breaking The Glass Ceiling
Our signature edition celebrating extraordinary women leaders driving change across the globe
The Stories That Inspire the Next Generation of Leaders
Our Breaking The Glass Ceiling edition spotlights extraordinary women who are redefining success in boardrooms, tech companies, healthcare, and beyond. Each issue features in-depth interviews, leadership insights, and the journeys of visionaries who refuse to be defined by limits.
Explore The Future Is Female →View All Issues →
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