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blockonomi.com Nestlé (NSRGY) Stock: New CEO Announces 16,000 Job Cuts Despite Sales Growth

TLDR Nestlé plans to cut 16,000 jobs over the next two years, representing about 6% of its workforce The company increased its cost savings target to $3.7 billion by end of 2027, up from $2.5 billion Third quarter sales rose 4.3%, with real internal growth of 1.5% beating analyst expectations of 0.3% Nestlé stock surged [...] The post Nestlé (NSRGY) Stock: New CEO Announces 16,000 Job Cuts Despite Sales Growth appeared first on Blockonomi.

blockonomi.com Salesforce (CRM) Stock: Company Sets $60 Billion Revenue Target by 2030

TLDR Salesforce forecasts revenue of over $60 billion by fiscal year 2030, exceeding Wall Street’s estimate of $58.37 billion The company targets organic compound annual growth rate of over 10% from fiscal 2026 to 2030 Data and AI services generated $1.2 billion in Q2, up 120% year-over-year Agentic AI annual recurring revenue reached approximately $440 [...] The post Salesforce (CRM) Stock: Company Sets $60 Billion Revenue Target by 2030 appeared first on Blockonomi.

altcoinbuzz.io Trump Family Earns Over $1 Billion Crypto in 2024

Their growing crypto empire spans trading cards, meme coins, stablecoins, tokens, and decentralized finance platforms. This reflects the broader trend of celebrities and high-profile figures entering the digital asset space. The report highlights how strategic branding combined with crypto products can drive massive revenue in a relatively short time. How the Trump companies made $1bn […] The post Trump Family Earns Over $1 Billion Crypto in 2024 appeared first on Altcoin Buzz.

blockonomi.com AMD Stock: HSBC Sets Street-High $310 Price Target Following Major AI Deals

TLDR HSBC analyst Frank Lee raised AMD’s price target to a Street-high $310 from $185, implying nearly 30% upside potential The upgrade follows AMD’s partnership with OpenAI and plans to deploy 50,000 AI chips in Oracle’s data centers Lee estimates the OpenAI deal could generate approximately $80 billion in revenue by 2030 AMD’s new MI450 [...] The post AMD Stock: HSBC Sets Street-High $310 Price Target Following Major AI Deals appeared first on Blockonomi.