Astronomer's Kristin Cabot Boasted About Winning ‘Trust' of CEOs Before Coldplay Kiss Cam Scandal
'An influential leader and fearless change agent, I lead by example and win trust with employees of all levels, from CEOs to managers to assistants,' Cabot wrote in her LinkedIn bio, per Page Six. '[I am] a passionate People leader known for building award-winning cultures from the ground up for fast-growing startups and multi-national corporations.'
Cabot also stressed that she excels in 'creating innovative systems and processes that attract top talent, while aligning an organization's people around its and values.'
Cabot, who has worked at Astronomer since November 2024, has since shuttered her entire LinkedIn profile in light of the scandal.
Astronomer Execs Spark Meme Frenzy After Coldplay Jumbotron Scandal: See the Funniest Posts
Cabot attended Coldplay's Wednesday, July 16, concert in Foxborough, Massachusetts, with Byron, where they were featured on the Jumbotron. In the footage, Byron had his hands wrapped around Cabot's waist while listening to the music, but dropped them when he noticed they were on the big screen. He subsequently crouched out of frame, while Cabot turned around and buried her face in her hands.
Coldplay frontman Chris Martin then played into the speculation about Byron and Cabot's relationship status.
'Whoa, look at these two. Alright, come on. You're OK,' Martin, 48, said in footage shared via social media. 'Either they're having an affair or they're just very shy. I'm not quite sure what to do.'
He added, 'Holy s***. I hope we didn't do something bad.'
Neither Byron nor Cabot, who are reportedly married to other people, have addressed their connection outside of the office. Us Weekly reached out for comment.
Byron, however, did praise Cabot's position on the team when she was hired.
Who Is Andy Byron? 5 Things to Know About Married CEO Caught on Kiss Cam at Coldplay Concert
'At Astronomer, our people are the most valuable asset in helping our customers do more to gain a competitive advantage with their data,' he wrote in a November 2024 press release. 'Kristin's exceptional leadership and deep expertise in talent management, employee engagement and scaling people strategies will be critical as we continue our rapid trajectory.'
He added, 'She is a proven leader at multiple growth-stage companies and her passion for fostering diverse, collaborative workplaces makes her a perfect fit for Astronomer.'
As for Cabot, she noted in a separate statement at the time that she felt 'energized' to work on Byron's team at the tech company.
Solve the daily Crossword
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
12 minutes ago
- Yahoo
TE Connectivity projects robust fourth quarter, reports upbeat quarterly results
By Anshuman Tripathy (Reuters) -TE Connectivity issued an upbeat forecast for the fourth quarter on Wednesday, following better-than-expected third-quarter profit and revenue results driven by strong demand for its industrial products. The company's industrial solutions segment makes electrical connector systems and components used in factory automation and other industrial equipment. Third-quarter sales in the industrial solutions segment surged about 30% year-on-year, bolstered by increased demand for artificial intelligence applications and modern data centers. CEO Terrence Curtin told Reuters in an interview that the impact of tariffs on overall sales during the third quarter was reduced by half due to price increases and supply chain adjustments. "When we gave our guidance last quarter, we told our investors that we thought it would be about a 3% impact of sales. It was only 1.5%, so it was about half," Curtin said. U.S. President Donald Trump's tariffs have weighed on automotive and manufacturing industries, prompting companies to implement mitigation strategies related to pricing and supply chain management. TE Connectivity expects a 1.5% sales impact from tariffs in the fourth quarter, with its industrial segment expected to bear a greater share of the burden compared to its transportation segment. The company expects fourth-quarter revenue of about $4.55 billion, exceeding analysts' average estimate of $4.41 billion, according to data compiled by LSEG Adjusted profit per share for the quarter is projected at $2.27, compared with analysts' expectations of $2.13 per share. For the third quarter ended June 27, TE Connectivity reported adjusted profit of $2.27 per share, beating analysts' estimates of $2.07. Revenue for the quarter rose 14% to $4.53 billion, compared with estimates of $4.32 billion. Sign in to access your portfolio
Yahoo
12 minutes ago
- Yahoo
SharpLink Just Bought 10,000 Ethereum and Sent Its Stock Soaring. Here's What Investors Need to Know.
Key Points SharpLink Gaming has transformed into an Ethereum treasury company with one primary purpose: Buy as much Ethereum as quickly as it can. SharpLink is now the largest corporate holder of Ethereum in the world, with plans to hold 1% of all Ethereum in circulation. While SharpLink stock is still up 370% for the year, some of the initial enthusiasm appears to be cooling as new competitors appear. 10 stocks we like better than Ethereum › On July 11, SharpLink Gaming (NASDAQ: SBET) purchased 10,000 Ethereum (CRYPTO: ETH) from the Ethereum Foundation, marking the largest-ever direct Ethereum purchase by a publicly traded company. At today's prices, that Ethereum is now worth an estimated $36 million. But it's not just the size of the deal that has investors abuzz. It's also the fact that SharpLink has gone all-in on its new Ethereum buying strategy, even going so far as to add Joe Lubin, one of the co-founders of Ethereum, as its chairman. Perhaps not surprisingly, the price of SharpLink stock is now up 370% for the year. Here's what you need to know. SharpLink goes all-in on Ethereum In the span of just two months, SharpLink Gaming has turned its business model upside down and inside out. Until May 2025, the company was an affiliate marketer for sportsbooks and online casino operators. Hence the ticker symbol featuring the word "bet." But, at the very end of May, the company announced that it would raise as much as $1 billion from investors in order to purchase Ethereum. The average price for the Ethereum purchased from the Ethereum Foundation was just $2,572. So, with the current price now $3,600, the company has already made a huge profit on this purchase. The company immediately went back into the market, and has been steadily buying more Ethereum throughout July. In fact, it just announced that it will now buy $6 billion worth of Ethereum, a mammoth increase from the $1 billion originally proposed. The ultimate goal is to build its treasury to 1 million. Currently, the company holds over 280,000 tokens in its treasury, easily making it the largest corporate holder of Ethereum in the world. It even holds more Ethereum than the Ethereum Foundation. If it manages to boost its holdings to 1 million Ethereum as planned, then it would control just under 1% of all Ethereum in circulation. What investors need to know All of this buying is part of a broader strategy designed to transform SharpLink Gaming into a powerful Ethereum treasury company. Over time, the company will shed its betting and casino marketing operations, and focus instead on buying Ethereum and supporting the Ethereum ecosystem. This is the same strategy originally developed for Bitcoin (CRYPTO: BTC) by MicroStrategy (NASDAQ: MSTR), now doing business as Strategy. Over a five-year period, Strategy has become the largest corporate holder of Bitcoin in the world. Its stock price has been absolutely on fire as a result. Over the past five years, the stock price of Strategy is up a head-spinning 3,715%. So you can see what's going on here. The goal of SharpLink is to become "the Strategy of Ethereum." There are several publicly traded companies vying for this title, but it now looks like SharpLink Gaming has the inside track. Not only does it own more Ethereum than anyone else, it also has Ethereum rock star Joe Lubin as chairman. Is SharpLink a buy? Based on the above, the obvious conclusion would appear to be that SharpLink Gaming is a strong buy. As soon as the company purchased the 10,000 tokens, for example, its stock price immediately spiked by 50%. For the year, the company's stock is up 370%. What's not to like? Unfortunately, there's something about SharpLink that the market doesn't like. The company's stock is actually down more than 50% since the end of May, when it first embarked on its Ethereum journey. If you take a quick look at the company's stock chart, you'll see what's going on here. Intense investor enthusiasm has been followed by intense investor disappointment. Right now, the market seems to be having a hard time valuing SharpLink. There are several problems here. The first and most glaring one is that SharpLink is a money-losing operation. When the company last reported earnings, revenue was down 24% year over year. And net profit was down 110%. And its stock price had been going nowhere fast for months. So, in some ways, this new push into Ethereum feels like a desperation move. The second problem is that there are other companies also racing to become "the Strategy of Ethereum." The hot name that everyone is talking about right now is Bitmine Immersion Technologies (NYSEMKT: BMNR), a Bitcoin mining company that is transforming into an Ethereum treasury company with the support of tech billionaire Peter Thiel. So I'm not quite ready to pull the trigger on SharpLink Gaming. I'd much rather buy Ethereum directly, and take my chances there. There are fewer variables to worry about, and less concern about the arrival of new deep-pocketed competitors in the Ethereum treasury company game. Should you invest $1,000 in Ethereum right now? Before you buy stock in Ethereum, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Ethereum wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $665,092!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,050,477!* Now, it's worth noting Stock Advisor's total average return is 1,055% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Dominic Basulto has positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has a disclosure policy. SharpLink Just Bought 10,000 Ethereum and Sent Its Stock Soaring. Here's What Investors Need to Know. was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12 minutes ago
- Yahoo
US stock market concentration risks come to fore as megacaps report earnings
By Lewis Krauskopf NEW YORK (Reuters) -Wall Street's reliance on a small number of high market-value stocks to keep momentum going for the U.S. equities bull market will be tested in coming days as major technology and growth companies report earnings. Concentration in widely followed market barometers such as the S&P 500 and Nasdaq Composite means that weakness in just a few names can have broad ramifications as the indexes hover at record highs. "When a handful of stocks dominate the market ... if you do have a period of disappointment from those stocks, you could see disproportionate impacts on your portfolio from just a handful of company-specific issues," said Michael Reynolds, vice president of investment strategy at Glenmede. Drawing attention to such top-heavy market leadership on Wednesday will be earnings results due from Google parent Alphabet and Tesla, the first of the "Magnificent Seven" megacaps to report this period. That group - which also includes Nvidia, Microsoft, Apple, Amazon and Meta Platforms - earned the "Magnificent" moniker because of their dominant business positions and huge stock gains in 2023 and 2024. Stock performance this year among the Magnificent Seven has been mixed. But they have all rebounded since April from a selloff following President Donald Trump's "Liberation Day" announcement of sweeping global tariffs. The group amounted to one-third of the weight of the S&P 500 as of Friday, due to their massive market caps, their largest combined presence since the start of the year, according to LSEG Datastream. Alphabet shares are up about 1% on the year, while shares of Elon Musk-led Tesla are down about 18%. Together, they account for over 5% of the S&P 500's weight. Other data points also indicate market concentration becoming more extreme. The top 10 weights in the S&P 500 last week hit 37.3% of the index, near the 38% level it reached in January, which had been its highest level on record, according to S&P Dow Jones Indices, citing data since 1975. These massive stocks generally have higher valuations. The top 10 stocks have an average price-to-earnings ratio of about 26 times, compared to 20 times for the rest of the S&P 500, said Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management. "The biggest stocks are very expensive," Shalett said. "If the biggest stocks fall the most, the index is very vulnerable." The S&P 500 technology sector recently accounted for 33.9% of the entire S&P 500's market value, the largest share since March 2000 during the height of the dot-com bubble era, according to LSEG Datastream. The S&P 500 is considered a benchmark for the stock market, but its top-heavy nature could mean investors who own funds that mirror the index are less diversified than they think. "If you are designing a portfolio, you really need to consider, OK, what are the weights there?" said Todd Sohn, ETF and technical strategist at Strategas. "It's not as diversified as it has been in the past. Then you have to consider some other means out there to keep that portfolio balanced." Nvidia, which recently became the first company to top $4 trillion in market value, had as of Tuesday a 7.83% weight in the S&P 500. That is the most a single stock has ever accounted for in the index, topping the 7.7% that Apple reached last year, according to Sohn, who looked at 45 years of data. The weight of Nvidia - a semiconductor company that has symbolized the artificial intelligence boom - is greater than five entire S&P 500 sectors out of 11 in the index, including consumer staples, which includes 38 stocks and has a 5.4% weight, and energy, a 23-company group with a total S&P 500 weighting of slightly less than 3%. Heading into the heavy part of earnings season, the S&P 500 is up over 7% this year, and becoming increasingly led by larger stocks. Since April 8, when the market hit its low point for the year following Trump's tariff announcement, the S&P 500 has gained nearly 27%. The equal-weight version of the index - which is considered a gauge of the average S&P 500 stock - has risen 21.5% in that time. Since the end of 2022, the S&P 500 has gained over 60%, more than doubling the equal-weight version's gains in that time. "When the market gets really expensive and narrow ... the market becomes more vulnerable," said Matthew Maley, chief market strategist at Miller Tabak. "So it's a big concern for me."
