Squawk on the Street
Walmart’s Soft Outlook, Baba’s Big Beat, Live: OpenAi CFO 2/20/25
Feb 20, 2025
Sarah Friar, CFO of OpenAI and a key figure in the tech landscape, shares insights in her first interview since Elon Musk's massive bid for the company. Discussing the surge in OpenAI's user base to 400 million, she highlights the financial projections and innovative products shaping the future of AI. The conversation delves into Walmart's recent earnings report and its slowing profit growth, alongside Alibaba's impressive stock performance. Topics also cover broader market dynamics and the tech sector's shifting landscape.
48:11
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Walmart's earnings exceeded expectations, but its cautious profit growth forecast reflects the current uncertainties facing the retail sector.
- Alibaba's impressive performance, with a 60% stock increase this year, showcases the company's resilience in the tech market amid competition.
Deep dives
Discover Card Acceptance and Benefits
Discover is widely accepted at 99% of locations that accept credit cards, countering the belief that it has limited usability. Cardholders earn cashback automatically on purchases, making it a competitive option in the credit card market. The promotion illustrates a shift from outdated perceptions to current realities, encouraging consumers to update their views on spending habits. Emphasizing the importance of modern financial tools, the message conveys that adapting to contemporary options is crucial for more significant benefits.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
