Breaking Barriers and Building Empires: 3 Women Killing It In the Stock Exchange
The world of finance has historically been male dominated, but we’re happy to say the tide is turning. As we enter Women’s History month, we’re celebrating three remarkable women who are crushing it in the stock exchange, leading their companies to impressive heights. After that, we’ll outline the fundamental events you won’t want to miss this week.
#1 Whitney Wolfe Herd (Bumble)
Whitney Wolfe Herd is the phenomenal co-founder and former CEO of Bumble, the dating app that continues to take the world by storm. She was also a co-founder of Tinder, where she previously served as VP of Marketing.
Launched in 2014, Bumble flipped the script by putting women in charge of initiating connections with potential suitors. This bold move resonated with users, and the app quickly gained traction.
Bumble’s stock price has been in steady decline for the past year, with BMBL stock price down 53% since this time in 2023. However, under Wolfe Herd’s leadership, the company is diversifying its offering, which could bring a strong upside.
Bumble has expanded its reach beyond dating, offering features like Bumble BFF and Bumble Bizz. This product diversification has allowed the company to expand its potential audience, and, therefore, capture users who aren’t interested in a dating app, generating additional revenue streams.
Wolfe Herd is a vocal advocate for women’s empowerment. She recently pledged $10 million to support women of colour entrepreneurs through Bumble Ventures, further solidifying her commitment to creating positive change.
Despite the slightly negative stock result, Wolfe Herd is a powerful leader and deserves her status as a role model to millions.
Current price: 11.44 USD
YTD Performance: -21.10%
1 Year Performance: -53%
BMBL stock, YTD
Source: Google
#2 Mary Barra (General Motors)
Mary Barra has been the Chair and Chief Executive Officer of American automotive giant General Motors since 2014.
Barra is a force to be reckoned with in the automotive industry and is the first female CEO of a so-called “Big Three” automaker.
Since taking the helm at GM, she has steered the company through a period of significant transformation, embracing electric vehicles (EVs) and pushing for a more sustainable future.
GM’s stock price has seen a steady rise under Barra’s leadership, not least in 2024 with GM stock jumping almost 14% in the first 2 months of 2024.
Barra has spearheaded GM’s aggressive investment in EVs, launching popular models like the Chevrolet Bolt EV and the GMC Hummer EV. This commitment to electrification has positioned GM as a leader in the rapidly growing EV market.
Barra is a champion for diversity and inclusion. She has increased the number of women in leadership positions at GM and is a vocal advocate for STEM education for girls.
Current price: 40.99 USD
YTD Performance: +13.7%
1 Year Performance: +3.69%
GM stock, YTD
Source: Google
#3 Safra Catz (Oracle)
Safra Catz is the CEO of the Oracle Corporation.
Catz has transformed Oracle from a traditional software company into a cloud computing powerhouse. Under her leadership, Oracle’s stock price has grown by over 100% in the past five years, exceeding the broader market average.
Catz is not only a business leader, but also a champion for diversity and inclusion. She actively supports initiatives aimed at promoting gender equality in the tech sector, inspiring countless women to pursue careers in this dynamic field.
Oracle stock has been pumping for over a year now, largely due to the successful expansion of the company’s cloud computing and ERP services.
Current price: 113.78 USD
YTD Performance: +9.34%
1 Year Performance: +30.83%
ORCL stock, YTD
Source: Google
Who’s your fave?
What do you make of our list? Did we miss anyone off? Tell us over on X: @_contentworks.
Top fundamental events week commencing 04/03/24
It looks like it’s going to be hectic this week. We hope you don’t have too many plans mid-week!
Monday
No major events are planned.
Tuesday
● USD — ISM Services PMI
Wednesday
● AUD — GDP Growth Rate QoQ
● EUR — German Balance of Trade
● USD — ADP National Employment Report; JOLTs Job Openings; Fed Chair Powell Testimony
● CAD — BoC Interest Rate Decision; Ivey PMI s.a
Thursday
● AUD — Balance of Trade
● CNY — Chinese Balance of Trade
● EUR — Deposit Facility Rate; ECB Interest Rate Decision; ECB Press Conference
● CAD — Balance of Trade
● USD — Fed Chair Powell Testimony
Friday
● CAD — Unemployment Rate
● USD — Average Hourly Earnings MoM; Nonfarm Payrolls; Unemployment Rate
Here at Contentworks we closely follow market movements and prep content that we think your traders would love to read. Let’s get you started right here.
Speak soon!
The Contentworks team
