Latest news with #earningscalls
Yahoo
5 days ago
- Business
- Yahoo
Jim Cramer Has Had It With Corporate Buzzwords. 'Foundational' Measures And 'Very Strong Learnings' Sound Orwellian To Him
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Jim Cramer is fed up with the way corporate America talks on earnings calls. On Monday, the CNBC host took to X to blast two phrases that he says have no place in serious business conversations: 'foundational measures' and 'very strong learnings.' Cramer Says Corporate Jargon Is Getting Out of Hand'Two new, repulsive, Orwellian words on quarterly calls: endless 'foundational' measures and very strong 'learnings,'' Cramer posted. 'Where did these people learn English?' Don't Miss: The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — Accredited Investors: Grab Pre-IPO Shares of the AI Company Powering Hasbro, Sephora & MGM— His comment set off a wave of reactions online, with many agreeing that executives are using vague, buzzword-heavy language to mask poor performance or avoid accountability. 'Words are just smoke and mirrors. In the end, it's all about the numbers,' one X user replied. 'Foundational measures? Sounds like a fancy way to hide weakness.' Another added: 'We're not growing right now, but trust us, we're doing invisible setup work... maybe it'll pay off later.' Cramer's critics chimed in too, with a few defending terms like 'learnings' as long-standing jargon in the business world. But most agreed that phrases like these are often used to stretch the truth or sound more strategic than the data supports. Trending: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. The criticism also touched on broader frustrations with how corporate executives communicate during downturns. Instead of being transparent, they resort to buzzwords that suggest progress without proving it. Cramer's post wasn't his only noteworthy moment this week. After the sudden firing of Bureau of Labor Statistics Commissioner Erika McEntarfer by President Donald Trump sparked headlines last week, he had a frank take: stop focusing on job numbers and pay attention to earnings instead. 'That number's been a joke for ages. Under both parties,' he posted on Monday. 'And the president got his number that he needs to demand a rate cut and he undercuts it? Give me the ball!'Cramer has also been vocal about the need for a rate cut following a weak July jobs report, which showed just 73,000 jobs added, far below expectations. 'We have very little job growth, and we have wages that are not going up. That is when you cut,' he said on CNBC. 'Jay, you didn't need to wait,' referring to Federal Reserve Chair Jerome Powell. While Wall Street debates whether a rate cut will come in September, Cramer is also concerned with how executives and policymakers communicate with the public. As he sees it, less fluff and more clarity would go a long way. Read Next: $100k+ in investable assets? – no cost, no obligation. This article Jim Cramer Has Had It With Corporate Buzzwords. 'Foundational' Measures And 'Very Strong Learnings' Sound Orwellian To Him originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
01-08-2025
- Business
- Bloomberg
European Firms Are Most Worried About FX Swings in Four Years
European companies are the most worried about the impact of currency fluctuations in four years, with the euro's strength in 2025 eating into earnings outlooks. Mentions of 'currency headwinds' in filings and earnings calls among Stoxx Europe 600 companies that have reported so far have risen to the highest level since the first quarter of 2021.
Zawya
02-06-2025
- Business
- Zawya
MSX, Ominvest host MEIRA Oman Chapter meeting
MUSCAT: The Oman Chapter of the Middle East Investor Relations Association (MEIRA) met in Muscat recently under the auspices of the Muscat Stock Exchange (MSX). The meeting, hosted by Oman International Development and Investment Company SAOG (Ominvest), brought together a distinguished group of investor relations professionals, market experts and representatives from MSX listed companies to discuss best practices in investor communications and corporate transparency. The meeting featured three in-depth workshops led by regional and international experts. Frederic Cornet, Head of Capital Markets at APCO Worldwide, led the first session focused on mastering earnings calls. His workshop addressed the importance of conducting well-prepared, strategic earnings calls that align senior leadership messaging with investor expectations while strengthening market confidence. He also emphasised how companies can leverage the outcomes of such calls to enhance future communication strategies. The second workshop, led by Julian Smith, Managing Director of BRR Media Limited, explored the use of multimedia specifically video and animation as tools to deliver a compelling equity story. Smith highlighted how visual storytelling can simplify complex business strategies, increase engagement with investors and ultimately support capital attraction. Real-world case studies were presented to illustrate how companies are successfully applying these tools to enhance investor trust. The third workshop was presented by Giles Coffey, General Manager of Corporate Finance and Advisory at Oman Investment Bank and it discussed the role investment banks play in helping companies navigate the challenges they face in investor relations. The MEIRA Oman Chapter meeting was part of MSX's ongoing efforts to develop a vibrant capital market through improved investor relations practices. The event also reinforced MSX's commitment to transparency, good governance and effective communication between listed companies and the investment community, both locally and internationally. Ominvest's hosting of this meeting underscored its strong dedication to fostering a thriving investor relations environment within the Sultanate of Oman and promoting best practices across the financial ecosystem. This initiative aligns with Ominvest's long-standing commitment to supporting Oman's economic growth and sustainable development by championing transparency, corporate excellence and strategic collaboration within the financial services sector.
The Verge
22-05-2025
- Business
- The Verge
Tech CEOs are using AI to replace themselves
Tech company CEOs aren't just making their companies AI-first: this week, they're using AI avatars to replace themselves in earnings calls. Buy now, pay later company Klarna featured the AI version of CEO and co-founder Sebastian Siemiatkowski in an 83-second about its Q1 2025 results, as reported by TechCrunch. The video's description says that his 'AI avatar' is presenting the results, and the AI avatar kicks off the video by saying that 'it's me, or rather, my AI avatar.' Klarna has already been vocal about how it uses AI in its business, with Siemiatkowski telling CNBC this month that the company shrunk its workforce in part as a result of its AI investments. This also isn't even the first time the company has used an AI version of Siemiatkowski to share earnings. Zoom CEO Eric Yuan also deployed an AI version of himself for the company's Q1 2026 earnings call on Wednesday. 'Today, I'm using our custom avatars for Zoom Clips with AI Companion to share my part of the earnings report,' Yuan's avatar said in a video. 'I'm proud to be among the first-ever CEOs to use an avatar in an earnings call.' In the top right corner of the video, you can see a message that says 'created with Zoom AI Companion.' The human Yuan showed up for the live Q&A portion of the call, though. 'I truly love my AI-generated avatar,' he said while responding to the first question. 'I think we are going to continue using that. I can tell you – I like that experience a lot.' Perhaps not surprising from the guy who wants 'digital twins' to attend meetings on your behalf.
