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On top of that, she added that tech companies will give people in AI-related jobs bonuses for performance and plenty of equity compensation. About half of the people came from Big Tech companies. Gill said the new Kognitos hires who haven't come from Big Tech have jumped ship from other startups. Some AI talent are even striking it out on their own to start their own companies. He left his tech job to form an AI startup after seeing another large fundraise from another new AI company.
Persons: , Sam Altman, Altman, Mark Zuckerberg, Dan Portillo, Goldman Sachs, Jaclyn Rice Nelson, Nelson, that's, Claude chatbot that's, Binny Gill, Kognitos, Gill, he's, haven't, David Steinberg, Steinberg, AI's Nelson, There's, Greg Selker, Stanton Chase, Selker, hemming, hawing Organizations: Service, Business, Meta, Sweat Equity Ventures, OpenAI, Big Tech, Zeta Global Locations: Anthropic, ChatGPT
Hertz Global — The car rental stock slid nearly 5% following a downgrade to sell from neutral at Goldman Sachs. Wayfair — The home-focused e-commerce retailer rose nearly 5% following an Evercore ISI upgrade to outperform from in line. For the period, the retailer posted adjusted earnings of 26 cents per share on $1.56 billion in revenue. Conagra reported earnings of 69 cents per share on revenue of $3.03 billion, exceeding FactSet's estimates of 65 cents per share on revenue of $3.01 billion. Intuitive Machines — The space stock soared nearly 11% after Intuitive won a NASA contract for $30 million to build a lunar terrain vehicle.
Persons: Goldman Sachs, Lizzie Dove, Morgan Stanley, Wayfair, Levi Strauss —, Conagra, Lamb Weston, FactSet, — CNBC's Alex Haring, Sarah Min, Samantha Subin Organizations: Hertz, Goldman, Zeta Global, Zeta's, LSEG, NASA
Zeta Global — The software stock added 13% after Morgan Stanley upgraded the software firm to an overweight rating from equal weight. Conagra Brands — The consumer packaged goods food company climbed 5% after exceeding analysts' estimates for its fiscal third-quarter earnings and revenue. Lamb Weston — Shares plunged 19% after the fries producer missed its third-quarter earnings and revenue. Lamb Weston posted third-quarter adjusted earnings of $1.20 per share, less than the $1.45 analysts polled by FactSet had expected. Solar stocks — Solar stocks rose higher during Thursday's session as the yield on the benchmark 10-year Treasury moved lower.
Persons: Goldman Sachs, Morgan Stanley, Wayfair, foresees, Levi Strauss, Conagra, FactSet . Lamb Weston —, Lamb Weston, FactSet, Grindr, Raymond James, Solventum, , Alex Harring, Hakyung Kim Organizations: Hertz, Goldman, Investors, Zeta, Conagra, Alaska Air Group —, Boeing, Reuters, 3M, Treasury, Energy, SolarEdge Technologies Locations: Alaska
"We are initiating coverage of SoFi Technologies (SOFI) with a BUY rating and a $10 price target." "Weighing Robinhood's Compelling New Product Roadmap Against a Now More Demanding Stock Price / Valuation." "As a result of higher revenue and Adjusted EBITDA estimates, we are raising our price target to $230 from $160 previously, and maintaining our MP rating." Wells Fargo reiterates Alphabet as equal weight Wells lowered its price target on Alphabet to $141 per share from $144. Guggenheim reiterates Disney as buy Guggenheim raised its price target on the stock to $140 per share from $125. "
Persons: Needham, SoFi, Baird, INFA, Piper Sandler, Piper, KBW, DA Davidson, ZETA, Goldman Sachs, Goldman, it's, Carlisle, Raymond James, Jones Lang LaSalle, Eaton Deutsche, Wells, it's bullish, Tyson, Guggenheim, Tesla, Riley, Gordon Haskett Organizations: SoFi Technologies, Ecolab Inc, Citi, Zeta Global, DA, Carlisle Companies, Deutsche Bank, Eaton, Fluence, Meta, PepsiCo, Argus, JPMorgan, UW, Tyson Foods Citi, UPS, Barclays, Amazon, Disney, Guggenheim, Deutsche, Holdings, Booking Holdings, Inc, Costco, Northland, WT Locations: Northland
In total, American households are expected to spend a total of around $86 on average for their Super Bowl necessities. The National Restaurant Association said that Super Bowl food habits are shifting a little this year. For example, Kennedy said that women, by a sprawling margin, view chips and salsa as Super Bowl must-haves and feel similarly about nachos. While Super Bowl ticket prices have fallen a bit heading up to the Super Bowl, they opened on the day after the AFC and NFC Championship games at some of the highest levels in history. They are predicting a record TV audience for this year's Super Bowl because of her impact.
Persons: , , ” Sean Kennedy, Taylor Swift, Kennedy, it’s, Swift, David Steinberg, Clark Hunt Organizations: Service, Super, National Retail Federation, Business, National Restaurant Association, Super Bowl, of Commerce, Seton Hall, Poll, AFC, NFC, Zeta Global, CNBC, Chiefs, Bowl LIV, 49ers
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOver half of Gen Z want to do their holiday shopping in person, says Zeta Global CEO David SteinbergHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Z, David Steinberg, Brian Sullivan, Organizations: Zeta Global, CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe labor market is hotter than forecasts believe, Zeta Global CEO David SteinbergHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: David Steinberg, Brian Sullivan, Organizations: Zeta Global, CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're starting to see more rural consumers researching EVs, says Zeta Global CEO David SteinbergHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: David Steinberg, Brian Sullivan, Organizations: Zeta Global, CNBC
The adtech company held panel sessions and meetings at the "MediaMath Penthouse." But behind the scenes, MediaMath CEO Neil Nguyen had barely been sleeping, according to three people familiar with the matter. "We collectively believed as a company, board, and advisors that we had a deal in hand," the statement continued. When advertisers or agencies buy ads through a platform like MediaMath, the adtech company must pay publishers immediately for their ad space. But the adtech company must wait — often 90 days or more — to be paid by the advertiser or agency.
Persons: MediaMath, Goldman Sachs, MediaMath execs, Neil Nguyen, Nguyen, Olivier Anrigo, Xandr, Joe Zawadzki, Ernest Hemingway, Searchlight wasn't, Neil, Houlihan Lokey, Zeta, Viant, Chris Vanderhook, Tim Vanderhook, Frederick M, Brown, MGI, Lionel Hahn, Remco Westermann, Gary Hershorn, MGI's, Westermann, they'll, Zawadzki, he'd Organizations: Cannes Lions, Cannes, Goldman, Searchlight Capital, Carlton Hotel, Google, IBM, Bain Capital —, Aperiam, Searchlight, Silicon, Zeta Global, Media, Games Invest, Verve, MGI's Verve Group, Getty, Verve Group, Trade, World Trade, Trade Center Locations: France, Cannes, hobnobbing, Delaware, Japan, Manhattan, New York City, MediaMath, AperiamVentures
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA.I. software predicts if movies will be a box office hit or flopDavid Steinberg, Zeta Global CEO, joins 'Last Call' to discuss the upcoming summer blockbuster season and his companies A.I. tech to predict the next hit movie.
Watch CNBC's full interview with Zeta Global CEO David Steinberg
  + stars: | 2023-05-05 | 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 Zeta Global CEO David SteinbergZeta Global CEO David Steinberg joins 'Last Call' to discuss the possible erasure of jobs due to A.I. and the ways in which the technology could help the workforce instead of harming it.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA.I. could help fill job gaps caused by aging population, says Zeta Global CEO David SteinbergZeta Global CEO David Steinberg joins 'Last Call' to discuss the possible erasure of jobs due to A.I. and the ways in which the technology could help the workforce instead of harming it.
The AI society: How will AI change the world?
  + stars: | 2023-04-13 | 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 EmailThe AI society: How will AI change the world? Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. David Steinberg, Zeta Global CEO, joins the show to discuss how A.I. will change the world.
Analysts at Bank of America named a slew of companies this week that they believe are winning market share in this tough economic environment and so the stocks have more room to run. They include: Analog Devices , TJX Companies, Zeta Global , Costco and Union Pacific. TJX Companies The discount retailer has room to grow, especially as shoppers look to save money by trading down, according to analyst Lorraine Hutchinson. We value ADI at the higher end of peer comps due to ADI's growth potential and free cash flow generation." as we view TJX as a market share gainer that is well positioned to benefit from trade-down and the high level of inventory availability.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're using A.I. to know who's actively in markets to buy products, says Zeta Global's SteinbergDavid Steinberg, co-founder and CEO of Zeta Global, a data-driven cloud marketing company, joins Frank Holland and the 'CNBC Special: Taking Stock' to discuss the artificial intelligence arms race and companies that stand to benefit.
Nearly all staff at adtech firm EMX Digital were laid off this week after parent company Big Village filed for Chapter 11 bankruptcy. Big Village, EMX Digital, and Lake Capital Partner did not respond to a request for comment. EMX Digital got backlogged on payments to publishersTwo of the former EMX Digital employees said that financial problems started last summer, after Big Village rebranded from Engine Group. There were internal rumors that this was when Lake Capital Partners started looking for a buyer for Big Village, according to two former employees. At the same time, EMX Digital stopped paying publishers, and between July and September, EMX Digital was bombarded by emails from publishers who were getting increasingly mad about missed payments, said one former employee.
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