Patty McCord, former Chief Talent Officer at Netflix and author of "Powerful: Building a Culture of Freedom and Responsibility", discusses her time at Netflix and why certain principles make the company successful.
McCord discusses her distaste for the word "empower" in the workplace, noting that employees already have power. Executives just need to give it to them.
She digs into the intentionally high turnaround rate at Netflix and why a culture like that is okay. She talks women in the workplace and why equal pay is something that needs to be addressed at this point in time.
Johnson & Johnson reported a miss on its Q1 earnings just shy of analyst expectations. The pharmaceutical giant also noted that it has an excess of COVID-19 vaccines and that it will be lowering its end-of-year earnings outlook for 2022.
Garrett Nelson, a senior analyst and VP of equity research at CFRA Research, joined Cheddar News to give a preview of Tesla earnings amid its seventh straight record quarter in vehicle deliveries while it faces some headwinds with the ongoing Shanghai, China, lockdown due to pandemic. "We view Tesla as one of the market's best secular growth stories," he said. "It's one of our top picks, and their execution has been really stellar over the last several quarters. They've beat nine of the past 10 quarters, so that's a 90 percent beat rate."
Netflix is slated to give its Q1 report after the closing bell, and Jason Moser, a senior analyst at The Motley Fool, joined Cheddar News to give a preview of what to expect from the streaming giant's earnings. "I think Netflix, like many businesses out there the last couple of years, says it's pulled forward a lot of success just due to the pandemic, and that's not necessarily a bad thing," he said. "But it does alter the picture, the growth picture maybe, going forward." Moser also noted that the streaming space for Netflix is especially competitive now as opposed to about a decade ago.
Catching you up on what you need to know on April 19, 2022, with a federal judge voiding mask mandates on public transportation, updates from the Russia and Ukraine war, Mac Miller’s drug dealer sentenced for involvement in the rapper's death, and more.
Twitter has dropped a major roadblock in front of Elon Musk’s effort to take over the company, leaving investors to wonder about the mercurial Tesla CEO’s next move.
A federal judge’s decision to strike down a national mask mandate was met with cheers on some airplanes but also concern about whether it’s really time to end the order sparked by the COVID-19 pandemic.
