Merck & Co., Inc. (NYSE:MRK) Special Event (Oncology Investor Event at ASCO 2023) June 5, 2023 7:00 PM ET Company Participants Peter Dannenbaum - VP, IR Dean Li - President, Merck Research Laboratories Eliav Barr - SVP, Head of Global Clinical Development & Chief Medical Officer Gregory Lubiniecki - VP, Late-Stage Oncology Development Marjorie Green - SVP, Head of Late Oncology Development Chirfi Guindo - Chief Marketing Officer Scot Ebbinghaus - VP, Late Oncology Development Conference Call Participants Tr ...

Moderna, Inc. (NASDAQ:MRNA) ASCO Investor Event Conference Call June 5, 2023 7:00 PM ET Company Participants Lavina Talukdar - Senior Vice President and Head of Investor Relations Stephen Hoge - President Kyle Holen - Senior Vice President and Head of Development, Therapeutics and Oncology Conference Call Participants Edward Tenthoff - Piper Sandler & Co. Tyler Van Buren - Cowen and Company, LLC Mani Foroohar - SVB Securities LLC Luca Issi - RBC Capital Markets Gena Wang - Barclays Bank plc Michael Yee - Je ...

Walmart Inc. (NYSE:WMT) 2023 Q&A Session with the Investment Community Conference June 2, 2023 1:30 PM ET Company Participants Steph Wissink - SVP, IR Doug McMillon - President and CEO John David Rainey - EVP and CFO John Furner - President and CEO, Walmart U.S. Judith McKenna - President and CEO, Walmart International Dave Guggina - EVP, Supply Chain Operations, Walmart U.S Kathryn McLay - President and CEO, Sam’s Club Latriece Watkins - EVP and Chief Merchandising Officer, Walmart U.S. Seth Dallaire - EVP ...

Citigroup Inc. (NYSE:C) Bernstein's 39th Annual Strategic Decisions Conference 2023 Call June 2, 2023 11:00 AM ET Company Participants Jane Fraser - Chief Executive Officer Conference Call Participants Unidentified Analyst Okay. Great. Thanks, everyone, for joining us. We're very happy to have Citigroup here with us, CEO, Jane Fraser. Jane Fraser Good morning, everyone. Unidentified Analyst Jane, thanks so much for coming back. We're happy to have you again this year. Jane Fraser Thank you. Question-and-Ans ...

Summary of General Motors Company Conference Call Company Overview - **Company**: General Motors Company (NYSE: GM) - **Event**: Bernstein's 39th Annual Strategic Decisions Conference 2023 - **Date**: June 2, 2023 - **Participants**: Mary Barra (Chair and CEO), unidentified participants Key Points Industry Outlook - The global auto market is expected to see growth opportunities, particularly in electric vehicles (EVs) in the U.S. and developing markets, while growth in traditional markets like the U.S. and Europe may be limited [2][3][4] - General Motors (GM) is focusing on EVs, especially in coastal regions where EV penetration is higher [3] - The company is optimistic about growth in new business segments such as BrightDrop and GM Energy, as well as autonomous vehicles (AVs) [4][6] Autonomous Vehicles - GM's Cruise division is scaling rapidly, achieving 2 million driverless miles in a short time frame, indicating significant progress in AV technology [5][6] - The company is expanding its AV operations to new cities, including Houston and Dallas, and aims to leverage its autonomous capabilities for future growth [4][6][65] Competitive Landscape - The auto industry is becoming increasingly competitive with new entrants, particularly in the EV space. GM acknowledges the need for scale and efficiency to compete effectively [10][11][12] - There is a potential for consolidation among smaller EV makers, especially in markets like China where many companies are operating at low capacity [12][15] - GM believes it can leverage its strong internal combustion engine business to fund its transition to EVs and maintain competitive advantages [12][13] Profitability and Margins - GM anticipates that companies best positioned in the EV market will achieve higher profits in the future, driven by advancements in battery technology and autonomous capabilities [19][20] - The company is investing in partnerships and research to enhance its battery technology, which is seen as a key differentiator in the EV market [19][41] EV Market Projections - GM is committed to transitioning its entire light-duty vehicle lineup to EVs by 2035, with expectations of significant EV penetration in the U.S. and other markets by 2030 [33][34] - Regulatory environments in regions like Europe and China are driving EV adoption, with GM supporting initiatives for higher EV sales [33][35] Challenges and Opportunities - Supply chain bottlenecks and battery costs remain challenges for the industry, but GM is actively working to mitigate these issues through strategic investments [38][39][41] - The company is focused on creating a seamless customer experience and enhancing vehicle connectivity, which is expected to drive additional revenue through software and services [80][81] Future Growth Areas - GM sees significant potential in software and subscription services, aiming for $20 billion to $25 billion in annual revenues from these segments [79][80] - The company is also exploring personalization options for consumers, which could enhance profitability [81][82] Conclusion - General Motors is strategically positioning itself for future growth in the EV and AV markets while navigating a competitive landscape. The company is focused on leveraging its manufacturing expertise, enhancing battery technology, and expanding its software and services offerings to drive profitability and market share.

JPMorgan Chase & Co. (NYSE:JPM) Bernstein's 39th Annual Strategic Decisions Conference 2023 June 2, 2023 10:00 AM ET Company Participants Daniel Pinto - President and Chief Operating Officer Conference Call Participants Unidentified Analyst We're happy to have JPMorgan Chase up next. We've got Daniel Pinto, who's the President and Chief Operating Officer of the company. Daniel, thank you so much for joining us today. Daniel Pinto A pleasure to be here. Unidentified Analyst So you had an Investor Day last we ...

U.S. Bancorp (NYSE:USB) Bernstein's 39th Annual Strategic Decisions Conference 2023 June 2, 2023 9:00 AM ET Company Participants Andy Cecere - Chairman, President and Chief Executive Officer Terry Dolan - Vice Chair and CFO Conference Call Participants John McDonald - Bernstein John McDonald Good morning. Next up is U.S. Bancorp. We have CEO, Andy Cecere; CFO, Terry Dolan. Thank you, guys, for joining us. I appreciate you being here. Question-and-Answer Session Q - John McDonald And we'll kick off talking a ...

The Boeing Company (NYSE:BA) Bernstein Strategic Decisions Conference June 2, 2023 8:00 AM ET Company Participants David Calhoun - CEO Conference Call Participants Douglas Harned - Bernstein Douglas Harned Let's get started. So welcome this morning. I'm Doug Harned, Bernstein's Senior Aerospace and Defense analyst, and I'm really happy again to have with us Dave Calhoun, the CEO of Boeing. I think you have a forward-looking statement. David Calhoun A critical slide that you should all read in depth with res ...

Applied Materials, Inc. (NASDAQ:AMAT) Bernstein's 39th Annual Strategic Decisions Conference 2023 June 1, 2023 1:30 PM ET Company Participants Gary Dickerson - President and Chief Executive Officer Conference Call Participants Stacy Rasgon - Bernstein Stacy Rasgon Thank you everyone for coming, oh, but you don't have a Safe Harbor statement or anything that I need to redo. Gary Dickerson I don't think so. Stacy Rasgon Okay, we're good. Gary Dickerson Alright. Awesome. Stacy Rasgon Sorry. Thank you for comin ...

Southwest Airlines Co. (NYSE:LUV) Bernstein's 39th Annual Strategic Decisions Conference 2023 June 1, 2023 1:30 PM ET Company Participants Bob Jordan - President and CEO Conference Call Participants David Vernon - Bernstein David Vernon Thank you, everyone, and good afternoon for our next session here at Bernstein's 39th Annual Strategic Decisions Conference. My name is David Vernon. I cover transports and airlines. We're joined today by Bob Jordan, Southwest; Tammy Romo, CFO; Ryan Martinez; and Julie. Sorr ...