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☆ How Hitachi Digital Services is helping companies adopt AI models responsibly to meet their operational and financial goals
▼ + stars: | 2024-04-25 | by ( Sponsor Post | ) www.businessinsider.com time to read: +6 min

To assess the value of investments in generative AI models, companies must first develop their knowledge of the tools' potential for financial impact. We then help pair each use case with the right AI strategy, including the applicability of generative AI. To further support optimal financial operations for your company, your generative AI models must be trained to encompass operational and information technology priorities and perspectives. Learn more about how Hitachi Digital Services uses AI to empower informed decision-making. This post was created by Hitachi Digital Services with Insider Studios.

Persons: Premkumar Balasubramanian, observability, HARC Organizations: Hitachi Digital Services, Hitachi, Insider Studios

☆ Snap offers as much as $500,000 in base salary to top Snapchat talent. Here's pay data on US jobs in engineering, sales, and more.
▼ + stars: | 2024-04-13 | by ( Ashley Rodriguez | Shriya Bhattacharya | ) www.businessinsider.com time to read: +27 min

Despite laying off full-time staff earlier this year, Snap has open roles in areas including engineering, sales, and marketing. On April 12, Snap had globally listed 142 open positions on its jobs board, including 88 openings in US cities. Related storiesMany of Snap's applications included annual salary ranges rather than a single salary for a given role. For example, Snap included a pay rate of $97,760 and $140,000 a year for one software engineer position. In cases where Snap submitted multiple applications for a particular job, such as a level III software engineer, we included the lowest and highest salary for the role as well as the median range.

Persons: Dan Whateley Organizations: Stars, Advertising Research Center, Business, US, of Foreign Labor, Department of Labor, Inc, Santa, Research, Data, Analytics, CRM Technology, Finance Technology, IT Corp Services, Learning, Partner, Engineering, Security Engineering, Software, Software Engineering, Oracle Systems, Assurance, iOS, Wireless Network, Global, Lens, Advisory Partners, Corporate, Corporate Finance, Strategic Locations: Santa Monica, Seattle, View, Palo Alto , New York, San Francisco

A major U.S. bank and a legacy tech name were the focus of some of Tuesday's biggest analyst calls. The firm upgraded the apparel stock to overweight from neutral, and raised its price target to $31 per share from $26. The firm resumed coverage of the legacy tech company with an overweight rating and a $58 per share price target. He reiterated his $64 price target on the stock, implying upside of 10.7%. Additionally, he sees "greater risk to the achievement of our price target as the Fed rate cutting cycle begin."

Persons: Morgan Stanley, Matthew Boss, — Brian Evans, Goldman Sachs, Molson Coors Goldman Sachs, Molson, Molson Coors, Bonnie Herzog, Bud Light, Brian Evans, Goldman, Mark Delaney, Cisco, Morgan Stanley's, David Rochester, Fred Imbert Organizations: CNBC, Cisco Systems, JPMorgan, Eagle Outfitters JPMorgan, American Eagle Outfitters, Eagle Outfitters, Molson Coors, Molson, TAP, Tesla, Cisco, Wells Locations: U.S, Wells, Americas, EVs, Wells Fargo, 2H24, Rochester

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Netflix, PepsiCo, Micron, Meta, Starbucks and more
▼ + stars: | 2024-03-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Morgan Stanley reiterates Starbucks as overweight Morgan Stanley said it's standing by its overweight rating on Starbucks shares. Morgan Stanley upgrades Pepsi to overweight from equal weight Morgan Stanley said the beverage giant is undervalued. Morgan Stanley initiates Ball Corporation as equal weight Morgan Stanley initiated the beverage can company and says the stock is fairly valued right now. Morgan Stanley names LifeStance a top pick Morgan Stanley named the mental health company a top pick on Monday. Morgan Stanley reiterates Micron as underweight Morgan Stanley raised its price target on the stock to $78 per share from $74.75 and said it's sticking with its underweight rating heading into earnings later this week.

Persons: KeyBanc, Morgan Stanley, it's, Telsey, ESAB, Mizuho, Goldman Sachs, Tesla, Raymond James downgrades, Raymond James, LifeStance, Wolfe, Bernstein, Truist, Wells, Wells Fargo, F2Q Organizations: Apple, JPMorgan, 1Q, Meta, HSBC, Nvidia, Netflix, RBC, Howmet Aerospace, York Community Bank, Pepsi, Ball, Citi, Micron, IT, Downside, Bank of America, Taiwan Semiconductor, Pinnacle, of America, Pinnacle West Capital Corp, ISI, UBS, CCL Locations: Berlin, underperform, Taiwan, Arizona, Underperform

☆ Cisco to lay off thousands of employees
▼ + stars: | 2024-02-14 | by ( Samantha Delouya | ) edition.cnn.com time to read: +2 min

CNN —Technology company Cisco announced Wednesday that it plans to lay off 5% of its global workforce, amounting to thousands of employees, as part of a company-wide restructuring. Cisco joins a long list of tech companies that have announced workforce cuts in recent months. Last year, the company announced it would acquire machine learning and cybersecurity company Splunk in a deal valued at $28 billion. “The combination of these two innovative leaders makes them well positioned to lead in security and observability in the age of AI,” Cisco said in a September press release announcing the deal. All told, more than 34,000 tech employees have been laid off since the start of 2024, according to data compiled by Layoffs.fyi.

Persons: “, Chuck Robbins, ” Cisco, Layoffs.fyi Organizations: CNN — Technology, Cisco, Google, PayPal

☆ Here are Tuesday's biggest analyst calls: Apple, Rivian, Nvidia, Boeing, Affirm, Datadog, Amazon & more
▼ + stars: | 2023-11-28 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Tuesday's biggest calls on Wall Street: UBS downgrades ChargePoint to neutral from buy UBS said it's cautious on the EV charging company's growth outlook. " Citi reiterates Nvidia as buy Citi said it's sticking with its buy rating on shares of Nvidia. " Wells Fargo downgrades Booz Allen Hamilton to equal weight from overweight Wells said investors should wait for a better entry point for the defense contractor. Raymond James upgrades Crocs to strong buy from outperform Raymond James said it sees an attractive entry point for the show company. Wells Fargo reiterates Amazon as overweight Wells said international trends for Amazon remain healthy.

Persons: UBS downgrades ChargePoint, it's, Wells, Booz Allen Hamilton, Bernstein, Raymond James, Crocs, CROX's, Estee Lauder, Jefferies, underperform Jefferies, Evercore, Rivian, Piper Sandler downgrades Shopify, Piper, Piper Sandler, Canaccord, TD Cowen, Datadog, TD, Truist, it's bullish, Ingersoll Rand Organizations: UBS downgrades, UBS, JPMorgan, Apple, Citi, Nvidia, HSBC, RBC, Boeing, Lexeo Therapeutics, Bank of America, Virtu, Logistics, Industry Locations: U.S, DDOG, India, Ingersoll

☆ Splunk beats quarterly revenue estimates on robust cybersecurity demand
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +1 min

Nov 28 (Reuters) - Splunk (SPLK.O) beat quarterly estimates for revenue on Tuesday, helped by resilient demand for its cybersecurity offerings in an uncertain economy. Cisco Systems (CSCO.O), which cut its annual revenue and profit forecasts earlier this month, entered into an agreement to buy Splunk for about $28 billion in September to strengthen its software business. Splunk is known for its strengths in the area of data observability, which helps companies monitor their systems for cybersecurity risks and other threats. Splunk's total annual recurring revenue for the third quarter ended Oct. 31 rose 15% to $4 billion. It reported total revenue of $1.07 billion, beating analysts' expectations of $1.03 billion, according to LSEG data.

Persons: laud Splunk's, Zaheer Kachwala, Shailesh Organizations: Cisco Systems, Thomson Locations: Bengaluru

He also lowered his price target by $6 to $120, implying just 3.9% upside from Tuesday's close. Analyst Shaun Kelley has a $40 price target on shares, implying shares could gain 11.4% from Tuesday's close. Rivian shares jumped more than 7% after the company increased its production forecast for the full year by 2,000 units to 54,000. Datadog shares have produced zero return over the past three years, Murphy noted, with shares down 9% since Oct. 15, 2020. UBS has a neutral rating on Apple and a price target of $190 per share, which implies upside of 4.5%.

Persons: Cowen downgrades Estee, TD Cowen, Estee Lauder, Oliver Chen, Chen, — Hakyung Kim, Shaun Kelley, Kelley, Goldman, Goldman Sachs, Neil Mehta, Mehta, There's, Colin Langan, Langan, Piper Sandler, Alexander Potter, Potter, Rivian, Mark Delaney, Morgan Stanley, Jonas, Mark Murphy, Murphy, David Vogt, Vogt, Fred Imbert Organizations: CNBC, Tech, UBS, JPMorgan, Revenue, Asia, Bank of America, Industry, Mehta ., Wall Street, Rivian, pullbacks, Pro, Pro Max, Apple Locations: China, Asia Pacific, Europe, Middle East, Africa, Tuesday's, U.S

☆ As internet connectivity plummets in Gaza, ordinary Palestinians struggle to compete with Israel's narrative of the war
▼ + stars: | 2023-10-19 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +8 min

Internet connectivity in Gaza is plummeting. AdvertisementAdvertisementGaza's already flimsy internet connectivity has been severely impacted by Israel's strikes, according to several outage-detection models. Last Friday, NetBlocks, a watchdog organization that monitors the governance of the internet, noted a steep decline in Gaza's internet connectivity. Fatafta said ordinary Palestinians were able to use social media to challenge some of the messaging coming from the Israel side. But, now, he fears that the fall in internet connectivity is creating a blindspot.

Persons: —, David, Gaza's influencers, Doug Madory, Amanda Meng, Meng, OCHA, Paltel, It's, Liz Throssell, Throssell, Fatafta, Jalal Abukhater, Abukhater, 7amleh, Sims Organizations: Service, Israel Defense Forces, Palestinian Health Ministry, Georgia Tech, United Nations Office, Humanitarian Affairs, Palestinian Telecommunications Company, IDF, UN, United Nations Human Rights, Israel's Ministry of Foreign Affairs, CNN, Hamas, Al, Arab Center for Social Media Advancement, Gaza Locations: Gaza, MENA, Israel, Ahli, Palestinian

☆ Colorful Ring Nebula shines in new Webb images
▼ + stars: | 2023-08-29 | by ( Ashley Strickland | ) edition.cnn.com time to read: +4 min

CNN —The James Webb Space Telescope has revealed colorful new portraits of the iconic Ring Nebula. Webb previously captured a different perspective on the Ring Nebula, as well as the similar-looking Southern Ring Nebula. A longtime favorite of astronomers, the Ring Nebula has been studied for years due to its observability and the insight it can provide into the lifetime of stars. Messier and astronomer Darquier de Pellepoix discovered the Ring Nebula in 1779. As the dying star was throwing off its atmosphere, the companion star shaped the outflow and sculpted it.”

Persons: James Webb, Webb, Charles Messier, Messier, Darquier de Pellepoix, ”, Roger Wesson, Wesson, ” Wesson Organizations: CNN, Cardiff University, NASA, Hubble, ESA, Webb, CSA Locations: MIRI

☆ Top Wall Street analysts pound the table on these 5 stocks
▼ + stars: | 2023-08-20 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

One strategy is to track the investment ideas of Wall Street pros and glean valuable insights into making successful stock decisions. To that end, TipRanks, a platform that ranks analysts based on their past performance, has identified five stocks well liked by top-ranking analysts. Earlier this month, the company trounced analysts' second-quarter earnings estimates and returned to double-digit revenue growth. In particular, Feinseth expects RCL's "Perfect Day at CocoCay" private island resort to be a key growth driver and industry differentiator, which could fuel significant incremental revenue growth and yields. Feinseth holds the 266th position among more than 8,500 analysts on TipRanks.

Persons: Sachin Mittal, Mittal, Goldman Sachs, Eric Sheridan, Sheridan, Datadog, Kash Rangan, Rangan, Ivan Feinseth, Feinseth Organizations: Nasdaq, Amazon, TipRanks, Royal, Tigress, Netflix Locations: Mobile, Caribbean, North America

☆ Full Stack Observability is key for modern businesses
▼ + stars: | 2023-07-27 | by ( Sponsor Post | Created Insider Studios With Cisco | ) www.businessinsider.com time to read: +6 min

Full Stack Observability provides the key to unlock all that. From that standpoint, Cisco's Full Stack Observability represents an industry revolution. With Full Stack Observability, customers and partners can develop modern solutions to empower new observability use-cases delivering on great end-user and application experiences. "All of this rolls up to the most important aspect of Cisco Full Stack Observability. Let Cisco's Full Stack Observability help your business deliver flawless, secure digital experiences.

Persons: Carlos Pereira, OpenTelemetry, Pereira, Cisco's, they're, We've Organizations: Companies, Cisco, Insider Studios

☆ How the right software solutions can help your business observe and secure its applications
▼ + stars: | 2023-07-26 | by ( Sponsor Post | Created Insider Studios With Cisco | ) www.businessinsider.com time to read: +6 min

New digital business models generate immense growth opportunities, but also increase risk. Businesses need to move beyond traditional application monitoring to full stack observability to identify and mitigate vulnerabilities and ensure optimal performance. Cisco's Business Risk Observability is an enhancement upon and part of Cisco Full Stack Observability. Assessing risk with Cisco Full Stack ObservabilityCisco's Business Risk Observability helps shore up businesses from attacks and challenges. Find out more about how Cisco's Full Stack Observability can help you identify vulnerabilities.

Persons: Randy Birdsall, They're, Birdsall, We're, Cisco Kenna Organizations: Business, IT, IDC, Cisco AppDynamics, Cisco, Cisco Panoptica, Insider Studios

☆ IBM to acquire software company Apptio for $4.6 billion
▼ + stars: | 2023-06-26 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

IBM CEO Arvind Krishna speaks at a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023. IBM on Monday announced it will acquire the software company Apptio from Vista Equity Partners for $4.6 billion. IBM said in a release that Apptio will help it advance its application management, optimization and observability offerings. "Technology is changing business at a rate and pace we've never seen before," IBM CEO Arvind Krishna said in the release. Apptio will be acquired with cash, and IBM said the deal is expected to close in the latter half of this year.

Persons: Arvind Krishna, Apptio, we've Organizations: Economic, IBM, Monday, Vista Equity Partners, Microsoft, Google Locations: Davos, Switzerland

☆ The AI play you haven't heard of yet
▼ + stars: | 2023-05-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

This under-the-radar software stock could be the next big artificial intelligence winner investors are ignoring, according to some Wall Street analysts. Dynatrace , a Massachusetts-based software company that harnesses artificial intelligence for a host of use cases, including business analytics and application security, could win big in the latest AI arms race. DT YTD mountain Dynatrace shares in 2023 BMO Capital Markets' Keith Bachman called the stock a "clear leader" within AI in a Wednesday note to clients. He views compelling growth and margin opportunities for Dynatrace through its Grail analytics tool that uses AI to help users better understand their data. Given his conviction in Dynatrace's AI potential, Bachman raised his price target to $55 from $50 a share reflecting about 12% upside from Thursday's close.

US Air Force at Eglin Air Force Base are now testing a new type of flight helmet. "It is common knowledge fighter pilots have long term neck and back issues," said Maj. Brett Gedman, from the 301st Fighter Squadron. The Air Force's Next Generation Fixed Wing Helmet at Eglin Air Force Base. An F-22A Raptor pilot adjusts the Next Generation Fixed Wing Helmet before a mission at Eglin Air Force Base on March 24. An F-22A pilot adjusts the Next Generation Fixed Wing Helmet before a mission at Eglin Air Force Base on March 24.

☆ How digital ecosystems can build a closer, more inclusive world
▼ + stars: | 2023-04-13 | by ( Sponsor Post | Created Insider Studios With Tata Communications | ) www.businessinsider.com time to read: +9 min

How to build a world that looks after everyoneThe conference highlighted the need to embrace equity in all walks of life. Tata Communications’ Genius Wong pledges to build a more inclusive digital economy and work with Georgette Tan (pictured) and the team at United Women Singapore to bridge the digital divide. Adopting Tata Communications' remote broadcast solution helped his organization reduce its normal on-site staff count by over 30% without compromising content delivery. Tata Communications leadership along with SMS Tan Kiat How stand together to build a secure and inclusive digital economy. Find out how Tata Communications is hyperconnecting Formula 1 fans globally to the world-class track-side F1 experience.

☆ Here are Thursday's biggest analyst calls: Tesla, First Republic, Coinbase, Boeing, Pinterest & more
▼ + stars: | 2023-03-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Thursday's biggest calls on Wall Street: Morgan Stanley reiterates Tesla as overweight Morgan Stanley said Tesla could eventually be a solution to vehicle affordability. Truist upgrades BellRing Brands to buy from hold Truist said the time is right to buy shares of the food products company. Citi moves First Republic to an under review rating Citi moved to an under review rating on First Republic due to too much uncertainty. Piper Sandler reiterates Meta and Pinterest as top picks Piper said it's standing by shares of Meta and Pinterest. Oppenheimer downgrades Coinbase to perform from outperform Oppenheimer said it sees an "unhealthy regulatory climate" for Coinbase.

☆ This Bessemer-backed startup clamping down on bad data quality just raised $12.8 million. Check out the 15-slide pitch deck Sifflet used to raise the cash.
▼ + stars: | 2023-03-21 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Sifflet, a data observability startup, has raised $12.8 million in Series A funding. Check out the 15-slide pitch deck the Bessemer-backed company used to raise $12.8 million. Paris-based Sifflet, a startup that helps companies improve their data quality, has raised $12.8 million in funding. "I saw how painful it was to work with unreliable data and wanted to see if we could do something better because poor data quality is very costly." "Companies have become very proficient at collecting data because they can leverage big data to become smarter as businesses," Bakouk added.

☆ Here are Thursday's biggest analyst calls: Tesla, Apple, Roku, Peloton, Plug Power, Target & more
▼ + stars: | 2023-01-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Piper Sandler initiates coverage of Albemarle as overweight Piper said in its initiation of the lithium company that it sees "sharp" earnings increases. Jefferies reiterates Alphabet as buy Jefferies said Alphabet's multiple is near a "15-year trough," which makes for an attractive risk/reward. Goldman Sachs reiterates Tesla as buy Goldman said it likes Tesla's "strong orders at lower prices" after the company's earnings report on Wednesday. Bank of America reiterates Peloton as buy Bank of America said it's bullish on Peloton heading into earnings next week. Needham reiterates Roku as buy Needham said it's bullish on Roku's decision to build its own TV.

☆ The F-22 is headed for retirement, but it's getting some major upgrades first
▼ + stars: | 2022-12-19 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +4 min

That means the Raptor will be need some upgrades in order to maintain its aerial advantage. Among them were new stealthy underwing fuel tanks and associated pylons, missiles, and what could be new electronic warfare or infrared search-and-track (IRST) pods. Today, the Raptor has 600-gallon fuel tanks it can carry underwing, but these tanks reduce its observability to a degree. The new fuel tanks intended for the F-22 are meant to offset some of that reduction. An F-22 Raptor over McEntire Joint National Guard Base in November 2017.

☆ What's the deal with the new B-21 bomber's weird windshield?
▼ + stars: | 2022-12-15 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +4 min

Few of the new B-21 bomber's features have gotten as much attention as its unusual windshield. What's the deal with the B-21 Raider's windscreens? US Air ForceThe B-21 Raider's unusual windscreen layout has been the subject of lots of discussions, but there has been very little in the way of formal statements regarding it. The unusual shape of the B-21 Raider's front two windscreens seems to prioritize visibility directly ahead and above the aircraft most of all. Glass windscreens and cockpits can have a pronounced effect on an aircraft's radar return.

☆ Here are Thursday's biggest analyst calls: Tesla, Amazon, Nike, Nio, Verizon, Disney, Snap & more
▼ + stars: | 2022-12-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Guggenheim names Nike a top 2023 pick Guggenheim said Nike's brand remains "healthy and strong." Bank of America names Amazon a top 2023 pick Bank of America said Amazon is a "share gainer" that will continue in 2023. " Morgan Stanley upgrades Verizon to overweight from equal weight Morgan Stanley said Verizon shares are "historically" attractive. Morgan Stanley downgrades AT & T to equal weight from overweight Morgan Stanley said it sees a more balanced risk/reward. Morgan Stanley downgrades Lockheed Martin to equal weight from overweight Morgan Stanley said it sees more "limited upside" for shares of the defense company. "

☆ Pentagon debuts its new stealth bomber, the B-21 Raider
▼ + stars: | 2022-12-03 | by ( ) www.cnbc.com time to read: +7 min

The B-21 Raider is the first new American bomber aircraft in more than 30 years. Both the Air Force and Northrop also point to the Raider's relatively quick development: The bomber went from contract award to debut in seven years. And we will build the bomber force in numbers suited to the strategic environment ahead," Austin said. The B-21 Raider, which takes its name from the 1942 Doolittle Raid over Tokyo, will be slightly smaller than the B-2 to increase its range, Warden said. Northrop Grumman has also incorporated maintenance lessons learned from the B-2, Warden said.

☆ What slowdown? Fresh off earnings beat, Cisco CEO sees a lot of opportunity right now
▼ + stars: | 2022-11-16 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

And I think that they're going to continue to spend as much as they can," Robbins told Jim Cramer in an interview. Shares of Cisco rose about 4% in extended trading Robbins emphasized that the trajectory of tech development also plays in favor of Cisco's top line. "And then you look at 43% of our business coming from recurring [customers]," Robbins said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Chuck Robbins, CEO of Cisco, speaking at the 2019 WEF in Davos, Switzerland on Jan. 23rd, 2019.

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