Business leaders can’t predict their way through today’s turbulent environment—and should stop trying. “Instead of trying to predict the future, it’s probably better off to really enhance the muscle of adaptability,” Carol Liao, chair of BCG Greater China, said at the Fortune Leaders Forum on Sept. 8. And in an era when AI is commoditizing
Nvidia jolted investors on Wednesday with a projection that its revenue would skyrocket by 70% next fiscal year and said demand for its AI chips is growing at 100%, prompting an after-hours stock rally. The 70% preliminary expectation wildly exceeded projections for fiscal 2028 revenue of roughly $570 billion, or 44% growth from fiscal 2027
The news traveled quickly across Nike’s sprawling headquarters in Beaverton, Ore. Elliott Hill was coming back. Employees high-fived. An audible cheer could be heard in parts of Nike’s 400-acre campus. Current and former employees lit up group chats and social media. On Wall Street, investors joined the celebration, sending Nike shares up roughly 8% in
Amazon has raised prices for several of its first-party devices, including its Echo smart speakers and Fire TV line, making it the latest big tech company to increase consumer costs as memory chip shortages pressure several industries. The company overnight raised prices across its hardware product line, according to a review by Fortune. This includes
When Kellyn Smith Kenny joined AT&T as CMO in November 2020, she joined a company whose identity was about to change dramatically. AT&T had spent years expanding into entertainment, including its $85 billion acquisition of Time Warner, and owned satellite television provider DirecTV. By the time Kenny arrived, that strategy was giving way to a
Microsoft has begun to integrate its consumer and enterprise Copilot apps, starting a process that will culminate in a super app planned to feature chat, coding, and autonomous functions. The company said that it is starting to roll out a unified experience across the two platforms, beginning this week with a small subset of users.
