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They can now add AI recruiting systems to that pile. It turns hiring into a depersonalized process, it inundates hiring managers, and it reinforces weaknesses in the system it's designed to improve. AI is supposed to fix this mess, saving companies time and money by outsourcing even more of the hiring process to machine-learning algorithms. Platforms like LinkedIn and ZipRecruiter have started using generative AI to offer candidates personalized job recommendations and let recruiters generate listings in seconds. Several seasoned recruiters told me they hadn't incorporated AI into their workflow beyond auto-generating job descriptions and summarizing candidate calls.
Persons: Josh Holbrook, Holbrook, I've, Rik Mistry, Ian Siegel, , ZipRecruiter, weren't, it's, Tatiana Becker, Becker, Pallavi Sinha, Sinha, Kerry McInerney, Danielle Caldwell, chatbot, Caldwell, Mclnerney, Peter Laughter, who's, Bonnie Dilber, Dilber, Aki Ito, Sandra Wachter, Wachter, David Francis Organizations: Business, Society for Human Resource Management, LinkedIn, Unilever, Google, BI, Microsoft, University of Cambridge, University of Sussex, Berkeley Haas Center for Equity, Gender, Leadership, Black, University of Oxford, IBM, Talent Tech Labs Locations: Alaska, HireVue, Humanly, Portland , Oregon, Zapier
The Japanese billionaire's conglomerate posted a $1.5 billion profit for its latest quarter. The gains come off the back of its big bet on chip firm ARM, which is targeting AI opportunities. Arm Holdings CEO Rene Haas is seeking to capitalize on the AI boom. But as the appetite for ARM's AI activities show, SoftBank has room to grow in the face of the latest boom. If he's able to find the right bets, AI could pay off handsomely in the long term.
Persons: Masayoshi, , It's, SoftBank, Rene Haas, Michael M, Yoshimitsu Goto, Son, WeWork, AI's Organizations: ARM, Service, Son, Nasdaq, Apple, Arm, Funds, Nvidia Locations: Tokyo, Cambridge, London, Alibaba
Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. The CNBC Investing Club owns Disney . Target , Walmart : Analysts at Evercore ISI added the retail heavyweights to their tactical outperform list in advance of their earnings reports this month. Airlines: Analysts at HSBC initiated coverage of Delta Air Lines , United Airlines , American Airlines and Southwest . The CNBC Investing Club has long owned Nvidia.
Persons: Jim Cramer's, Jim Cramer, Cramer, Penn, Rene Haas Organizations: CNBC, Club, Intel, Street Journal, Apollo Global Management, Penn Entertainment, Bank of America, ESPN Bet, ESPN, CNBC Investing Club, Disney, Target, Walmart, Evercore ISI, Airlines, Analysts, HSBC, Delta Air Lines, United Airlines, American Airlines, Arm Holdings, Nikkei, Nvidia Locations: Ireland, Nikkei Asia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailArm Holdings CEO Rene Haas on Q4 earnings: We're in an incredibly strong position going forwardArm Holdings CEO Rene Haas joins CNBC's 'Squawk on the Street' to discuss the company's earnings, AI, semiconductors, and more.
Persons: Rene Haas, CNBC's Organizations: Arm
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCoinbase CFO Alesia Haas: Bitcoin ETFs unlocked a 'flywheel of engagement' in Q1Alesia Haas, Coinbase CFO, joins 'Closing Bell Overtime' to talk Q1 results, the strength of bitcoin and its impact on the quarter, platform investments and more.
Persons: Alesia Haas, Coinbase
The Miami Grand Prix, a unique spectacle in Formula 1, is heading into its third year. Heading into its third year, Formula 1's Miami Grand Prix has made a name for itself as a unique spectacle in the sport. But the logistics' massive scope is just one aspect that sets the Miami Grand Prix apart. The marina at the F1 Miami Grand Prix in 2022. Local flavorThe Miami Grand Prix aims to capture the city's flair.
Persons: , Todd Boyan, Boyan, Tyler, Ricardo Arduengo, Guenther Steiner, Steiner, Mark PETERSON, Haas, We've, It'll Organizations: Miami Grand Prix, Service, Miami, Hard, Miami Dolphins —, Miami Dolphins, Miami Open, Prix, Tyler Epp, Miami Grand, Epp, . Miami, Monaco, Logistics, Haas, Netflix, Miami . F1 Academy, F1 Academy, Beach Club, cabanas, Art, Paddock Club Locations: Jeddah, Saudi Arabia, Miami, South Beach, Art Basel
One viral TikTok has young workers up in arms about the perils of being pleasant in the workplace. A TikToker who goes by the name Jacqueline recently posted a TikTok video where she claimed that people who are "a pleasure to work with" will "never get promoted." She added: "You will never be promoted out of a hardworking more junior position where a lot of the hard work exists ... There's a lot of benefits to being other-oriented like we like nice people and we do nice things for those people," he added. 'Pleasant people don't bend over backwards'In Jacqueline's TikTok video, she conflates having a pleasant personality with being a pushover, according to Vogel.
Persons: Jacqueline, Cameron Anderson, Andrew Brodsky, Brodsky, Ryan Vogel, Vogel Organizations: Haas School of Business, University of California, University of Texas, McCombs School of Business, CNBC, Chinese University of Hong, University of Iowa, Purdue University, Fox School of Business, Management, Temple University Locations: Berkeley, Chinese University of Hong Kong, agreeableness
It shows a curated look at women embracing domesticity as the antithesis of what other young women are experiencing, who are "working hard and barely scraping by," said Casey Lewis, a social media trend forecaster. Evidence shows this is something few women are actually doing, and it's not a realistic lifestyle to aspire to. Young women, whether they're married or not, are expressing a desire to "take a step out of the professional rat race," Lewis said. "There's a lot of pressure on young women," she said. In cases where men are the primary breadwinners, it's more often women who take on the bulk of the caretaking responsibilities, experts say.
Persons: Casey Lewis, it's, Stacy Francis, Eve Rodsky, tradwives, Rodsky, Francis, Heather Boneparth, they're, Lewis, Julia Pollak, Pollak Organizations: Francis Financial, CNBC's, Berkeley Haas Center for Equity, Gender, Pew Research Center, Intuit, ZipRecruiter, Bureau of Labor Statistics Locations: New York, millennials, U.S
Max Verstappen of the Netherlands and Oracle Red Bull Racing reacts during previews ahead of the F1 Grand Prix of China at Shanghai International Circuit on April 18, 2024 in Shanghai, China. Edmund So | Getty ImagesThe Chinese Grand Prix could deliver some much-needed drama to Formula 1, and Red Bull's Max Verstappen can't be penciled in as the almost-certain winner on Sunday. It's also the season's first GP with a sprint race, which means Friday's practice session was the only one of the weekend. This is the first F1 race in China in five years, scratched from the calendar by the COVID-19 pandemic. Horner accepted the concern but noted the Shanghai circuit is a known quantity, hosting races since 2004.
Persons: Max Verstappen, Edmund So, It's, Lando Norris, McLaren, Verstappen, Christian Horner, Clive Mason, Mercedes, Lewis Hamilton, Friday's, Lance, Aston Martin, Oscar Piastri, McClaren, Sergio Perez, Haas, — Nico Hulkenberg, Kevin Magnussen, China's, Zhou Guanyu, Charles Leclerc, Bull, Leclerc, Carlos Sainz, Andrea Stella said, Horner, Lando Norris of Great, Qian Jun, Norris, Fernando Alonso, Sainz, Perez, Mark Thompson Organizations: Oracle Red Bull, of China, Shanghai, Circuit, Bull, Getty, Pirelli, Sauber, Ferrari, McLaren, McLaren F1 Team, Sprint, Bahrain, Hamilton, Oracle Red Bull Racing Locations: Netherlands, Shanghai, China, Australia, Lando Norris of Great Britain, parc feme, Bahrain
The energy required by AI is "just insatiable," chipmaker CEO Rene Haas told The Wall Street Journal. At this rate, AI could consume as much as 20% to 25% of US power requirements, Haas said. AI tech needs to be sustainable, or it'll slow down innovation, Haas said. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Arm CEO Rene Haas told The Wall Street Journal that AI can't keep devouring so much energy at huge data centers if the industry wants to keep advancing.
Persons: Rene Haas, Haas Organizations: Wall Street, Service, Business
New data from the largest 3-D map of our universe suggests we may be wrong about dark energy. One of the driving forces behind that evolution is also one of our age's biggest mysteries in physics: dark energy. Einstein abandoned the idea as his "greatest blunder" in the 1930s, as astrophysicist Ethan Siegal explains, but a constant dark energy would have vindicated him. "If true, it would be the first real clue we have gotten about the nature of dark energy in 25 years," Adam Riess, a Nobel laureate for his co-discovery of dark energy, told Quanta Magazine. "The idea that dark energy is varying is very natural," Paul Steinhardt, a Princeton University cosmologist, told the magazine.
Persons: , we're, Michael Levi, Levi, DESI, Marenfeld, Claire Lamman, Albert Einstein's, Einstein, Ethan Siegal, Albert Einstein, Ernst Haas, Adam Riess, Paul Steinhardt, Princeton University cosmologist, Riess, Vera C, Travis Lange, Jacqueline Ramseyer Orrell, NASA's Nancy Grace, Arnaud de Mattia, Mattia Organizations: Service, Lawrence Berkeley National Laboratory, American Physical Society, Princeton University, NASA, Rubin, Accelerator, Atomic Energy Commission Locations: Arizona, Princeton , New Jersey
AUSTIN, Texas (AP) — Five races into NASCAR's 2024 season and Ford is in a funk. A Ford win in Austin would seem like a long shot in NASCAR's fourth run on a track built for Formula One. Photos You Should See View All 60 ImagesAnd while it’s still early, Ford drivers make up just three of the 16 available Cup playoff spots. Ford drivers point to some solid statistics, even if the major results are lacking. NASCAR vs F1The Circuit of the Americas is the only track used by NASCAR and F1, but the two racing series have vastly different styles.
Persons: Ryan Blaney, , Tyler Reddick, Shane van Gisbergen, Chase Elliott, it’s, Blaney, haven’t, , Chris Buescher, We’ve, we’ve, ” Buescher, Chase Briscoe, Stewart, Haas, we've, ” Briscoe, Briscoe, Ford, van Gisbergen, It’s, Reddick, COTA, there's, I've, ” Reddick, they’ve, FanDuel Organizations: Ford, NASCAR, Circuit, Formula One, Toyota, RFK Racing, Haas Racing, Fords, Blaney's, COTA Locations: AUSTIN, Texas, Atlanta, Austin, Victory, Americas
Corporate executives at major companies have sold stock in their own companies in March as the stock market hits new record highs. Zuckerberg's moves appear to be part of a 10b5-1 stock sale plan adopted last summer. An even larger stock sale came from Michael Dell, the CEO and namesake of Dell Technologies . The tech founder has filed a Form 144 to sell 7 million shares, so more transactions could be coming, according to VerityData. Dell shares have soared more than 50% this year on optimism the AI boom will lead to a replenishment of servers and PCs.
Persons: Mark Zuckerberg, Michael Dell, Alesia Haas, Zuckerberg, Haas, Troendle, William Hickey III, James Walter, TechnipFMC, Douglas Pferdehirt, William Meaney Organizations: Facebook, Dell Technologies, Dell, Medpace Holdings Locations: , 10b5
“It’s 88 missed podiums!” he joked when asked by a reporter about his record in 188 career races, though this was only Verstappen’s 187th. On Friday, Red Bull suspended the female employee who accused F1 team principal Christian Horner of inappropriate behavior, according to multiple reports. Red Bull launched an independent investigation in February after Horner was accused of engaging in inappropriate behavior towards a member of the racing team, who has not been identified. CNN has been unable to corroborate their authenticity and Red Bull said it would be “inappropriate” to comment on the matter. Christian Horner and Red Bull have faced controversy to start the season.
Persons: Max Verstappen, he’s, , I’m, Sergio Pérez, Ferrari’s Charles Leclerc, Verstappen, Red Bull, Christian Horner, Horner, Clive Rose, Oliver Bearman, Carlos Sainz, Fernando, Alonso, George, Russell, Oscar Piastri, Fernando Alonso, Aston Martin, George Russell, Piastri’s, Lando Norris, Lewis Hamilton, Haas, Niko Hulkenberg Organizations: CNN, Saudi, Verstappen, Pérez, Prix, Ferrari, Mercedes Locations: Jeddah, P6
Investors can still find names with plenty of upside potential, even as stocks leap to fresh highs, according to Bank of America. They include CrowdStrike, Emerson Electric, Progressive, Rollins and O'Reilly Automotive. Rollins "This stock is the bees knees and still a Buy," analyst Jason Haas said of the pest control provider. Progressive PGR may arguably be the least volatile stocks in the S & P 500 that can deliver outsized stock performance. … We see limited risk to Rollins' growth trajectory-from a soft housing market, recession, competition, or weather-and therefore believe the stock deserves a premium multiple."
Persons: Rollins, Andrew Obin, Emerson, Obin, it's, Jason Haas, Haas, Joshua Shanker, Shanker, O'Reilly, … Emerson, Organizations: Bank of America, CNBC, CrowdStrike, Emerson Electric, Progressive, O'Reilly Automotive, Emerson, National Instruments, ORLY Locations: Bank, Pest, downturns, ORLY
CNN —Spanish tennis player Rafael Nadal has withdrawn from the BNP Paribas Open in Indian Wells, California, the night before he was scheduled to face Canadian Milos Raonic in the first round, he announced on social media Wednesday. In an announcement on X, the 22-time Grand Slam winner said he’s dropping out of the tennis tournament because he doesn’t feel prepared enough to compete at “the highest level.” The three-time Indian Wells champion holds a 59-11 record at Indian Wells, according to ATP Tour. “It is with great sadness that I have to withdraw from this amazing tournament at Indian Wells,” Nadal wrote. The BNP Paribas Open runs through March 17 at the Indian Wells Tennis Garden. Nadal said in May 2023 that 2024 would likely be his last year on tour, though he didn’t rule out continuing past that date.
Persons: Rafael Nadal, Milos Raonic, he’s, ” Nadal, That’s, Sumit Nagal, Nadal, Carlos Alcaraz, Alcaraz, , Tommy Haas, , ” Haas Organizations: CNN, BNP, Indian Wells, ATP Tour, Raonic, Indian Wells Tennis Garden, Brisbane International, Netflix Locations: Spanish, Indian Wells , California, Indian, Indian Wells, Las Vegas
There's nothing like a moribund IPO market to create a pleasant backdrop for a bull run. Hot on the heels of the Reddit deal is the expiration of the IPO lockup period for Arm Holdings on March 12. I thought it might occur after the successful Arm deal, but like so many nascent attempts to revive the IPO market there was nothing worth following up with until the Reddit deal. This brings me back to the IPO market. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: We've, It's, Reddit, Sam Altman, Conde Nast, Rene Haas, Steve Huffman, Reddit's, , isn't, Morgan Stanley, Goldman Sachs, Uber, Jim Cramer's, Jim Cramer, Jim, Mateusz Slodkowski Organizations: Advance Magazine Publishers, Arm Holdings, Company, Nvidia, Employees, GameStop, Supply, Amazon, Walmart, Securities and Exchange Commission, Investors, Fidelity, ICE, Costco, Rite Aid, Tech, Microsoft, Meta, Federal Trade Commission, White House, Jim Cramer's Charitable, CNBC, Getty Locations: British, TheStreet.com, Reddit, POLAND
The 2024 campaign will be the longest F1 season in history, featuring 24 race weekends. How to watch the season opener in BahrainThe 2024 season starts with the Bahrain Grand Prix after three days of testing in the Middle Eastern nation last week. Red Bull’s 2023 F1 season was the most dominant of all time. He was eventually cleared of any wrongdoing by the investigation, the team’s parent company, Red Bull GMBH, announced on Wednesday. Albon has bounced back from a disappointing spell at Red Bull in 2020 and is now a highly-sought after driver.
Persons: Max Verstappen, Lewis Hamilton’s, Hamilton, “ It’s, ” Hamilton, Mercedes, Will Buxton, Carlos Sainz, , Hamad I Mohammed, Bull, Red Bull, Mercedes ’, George Russell, Verstappen, Max, hasn’t, he’s, Lawrence Barretto, ” Verstappen, Clive Rose, we’ve, Christian Horner, Horner, “ I’m, ” Horner, Ferrari, Russell, Charles Leclerc, Alex Albon, Williams, Lando Norris, Oscar Piastri, Fernando Alonso, Aston Martin, Kimi Antonelli, Sainz, Carla Carniel, Sergio Pérez, Daniel Ricciardo –, Red Bull’s, , Aston, Haas, Albon, James Vowles, Mark Thompson, McLaren, Piastri, Norris, Dan Istitene, Alonso, Lance, Lawrence, Patrick Mahomes, Travis Kelce –, Pierre Gasly, Esteban Ocon Organizations: CNN, Bahrain, Circuit, Red Bull Racing, Prix, ESPN, Qualifying, Saudi, Mercedes, Ferrari, PETRONAS F1 Team, Scuderia Ferrari, Arrows, Reuters, Constructors, CNN Sport, Red Bull GMBH, Sky Sports, , McLaren, Silver Arrows, Bulls, Sauber, Team, Red Bull, Getty, Aston Martin’s, Kansas City Chiefs Locations: Bahrain, British, Jeddah, Saudi Arabia, Abu Dhabi, Red, Aston Martin, Thai,
Cramer's Lighting Round: Vertiv is a buy
  + stars: | 2024-02-22 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon GlobalFoundries' year-to-date stock performance. Stock Chart Icon Stock chart icon Danaher's year-to-date stock performance. Stock Chart Icon Stock chart icon Workday's year-to-date stock performance. Stock Chart Icon Stock chart icon Vertiv's year-to-date stock performance. Stock Chart Icon Stock chart icon Arm's year-to-date stock performance.
Persons: GlobalFoundries, You've, They've, Rene Haas, Jim Cramer's Organizations: Cal, Maine Foods, Maine Locations: Taiwan
Last Chance LakeLast Chance Lake is no more than 1 foot deep. Haas displays a piece of dry-season lake crust taken from Last Chance Lake in September 2022. Last Chance Lake isn’t 4 billion years old — in fact, it’s estimated to have been around less than 10,000 years. Past studies suggest a primordial version of the soda lake may very well have included the substance. “Understanding how life originated on Earth has this importance for our search for life outside of Earth,” Haas told CNN.
Persons: , David Catling, , ” Catling, It’s, Sebastian Haas, Haas, David C, isn’t, , ” Haas, Catling, Charles Darwin, Matthew Pasek, Pasek, they’re, Woodward Fischer, Ayurella, Muller Organizations: CNN, British Columbia, University of Washington, geosciences, University of South, California Institute of Technology, , Climate Central Locations: Canadian, British, British Columbia, Chance, Yellowstone, University of South Florida, Axios,
Watch CNBC's full interview with Coinbase CFO Alesia Haas
  + stars: | 2024-02-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Coinbase CFO Alesia HaasAlesia Haas, Coinbase CFO, joins 'Closing Bell Overtime' to talk earnings, the state of crypto, the new sport bitcoin ETFs and more.
Persons: Alesia Haas Alesia Haas, Coinbase
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCoinbase CFO: Crypto prices climbing 'across the board', driven by momentum around bitcoin ETFsAlesia Haas, Coinbase CFO, joins 'Closing Bell Overtime' to talk earnings, the state of crypto, the new sport bitcoin ETFs and more.
Persons: Alesia Haas, Coinbase
Michel was in a four-man sled piloted by Michael Vogt when it crashed Tuesday during training for this weekend's World Cup races in Altenberg. This weekend's Altenberg races are the last World Cup events prior to the world championships; there is one last World Cup weekend coming in mid-March to Lake Placid, New York. The Swiss team said Vogt “suffered a severe concussion and bruises” and push athletes Dominik Hufschmid and Andreas Haas also had slight injuries. The pair won a World Cup race in December and are third in the season-long standings. Vogt’s four-man bob crew is fourth in that discipline’s World Cup standings.
Persons: Sandro Michel, Michel, Michael Vogt, ” Michel, Training, Greg Cackett, , Vogt “, Dominik Hufschmid, Andreas Haas, Chris Spring, Mateusz Sochowicz, Vogt Organizations: , Michel, Swiss, Locations: ALTENBERG, Germany, — Swiss, Altenberg, Dresden, British, Swiss, Winterberg, Lake Placid , New York, Canadian, China
Berry, who drives for Stewart-Haas Racing and will make his Daytona 500 debut on Sunday, wished he had Swift sign a yearbook. “I would have already sold it by now,” he quipped Wednesday at Daytona 500 media day. For the Daytona 500, Hard Rock is taking bets on everything from winning driver and winning race team to top Ford, Chevrolet and Ford drivers. That’s the fastest I’ve ever accelerated because of the all-wheel drive and the torque.”YELEY BEHIND THE WHEELJ.J. Yeley was a late addition to the Daytona 500. DE FERRAN TRIBUTEAustin Cindric, the 2022 Daytona 500 winner, has dedicated this race to late open-wheel star Gil de Ferran.
Persons: — Taylor Swift, Josh Berry’s, Swift, Berry, Stewart, Haas, , , Dang, ’ ” Berry, ” Berry, David Ragan, Ragan, ” Ragan, They’re, I’ve, Yeley, Greg Biffle, ” Biffle, FERRAN, Austin Cindric, Gil de Ferran, De Ferran, Cindric’s, Tim, Austin, ” “ Gil, ” Cindric Organizations: DAYTONA, Henderson, Daytona, ESPN Bet, NASCAR, Ford, Chevrolet, Martinsville Speedway, Toyota, EV, NY Racing, Team Penske, Penske, California Speedway Locations: Fla, Tennessee, Florida, BetMGM, Martinsville, Indianapolis
SAN FRANCISCO (AP) — A former interim mayor of San Francisco announced Tuesday he's running for his previous job, joining a competitive field of candidates who say the city has crumbled under the watch of Mayor London Breed, who is up for reelection this year. The lawyer and former city supervisor said he had not planned to return to politics but feels he has the right skills to turn San Francisco around. While she's not on the March 5 ballot, Breed is pushing a pair of public safety proposals that are. Critics say the ballot measures are not in line with San Francisco voters who value privacy over surveillance and encouraging rather than mandating participating in drug treatment programs. Meanwhile, political action committees supporting Breed have raised $1.3 million, including $200,000 from Michael Bloomberg, former New York City mayor.
Persons: , London Breed, Mark Farrell, Breed, Ed Lee, San, ” Eric Jaye, , ” Jaye, San Jose . San, Farrell, Ahsha Safaí, Daniel Lurie, Levi Strauss, she's, Lurie, E, Miriam Haas, Haas, Michael Bloomberg, Safaí Organizations: FRANCISCO, San Francisco, London, Associated Press, Democratic, New York City Locations: San Francisco, Francisco's, San Jose ., San Jose . San Francisco, New York
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