logo
#

Latest news with #earningscalls

MSX, Ominvest host MEIRA Oman Chapter meeting
MSX, Ominvest host MEIRA Oman Chapter meeting

Zawya

time02-06-2025

  • 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.

Tech CEOs are using AI to replace themselves
Tech CEOs are using AI to replace themselves

The Verge

time22-05-2025

  • 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.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store