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☆ The biggest risk corporations see in gen AI usage isn't hallucinations
▼ + stars: | 2024-05-16 | by ( Rachel Curry | ) www.cnbc.com time to read: +6 min

Meanwhile, 45% of organizations encountered unintended data exposure when implementing AI solutions, according to AvePoint's 2024 AI and Information Management Report. "It's often what we call dark data," Simberkoff said. So how do leaders improve data permissions and protections in light of or, ideally, before AI implementation? "It's making your end users aware of the information you're responsible for. "When you're using AI, it's really important to make sure that you're checking it and that you're using it for its purpose."

Persons: Dana Simberkoff, Simberkoff, Arvind Jain, Jain, Jason Hardy, Hardy, it's, they're Organizations: Microsoft, CNBC, Hitachi Vantara

☆ Chasing after a chief AI officer may be a big mistake, says top tech recruiter
▼ + stars: | 2024-05-03 | by ( Susan Caminiti | ) www.cnbc.com time to read: +5 min

As companies race to deploy artificial intelligence in ways that aim to make them better at operating, hiring, and competing, they're also chasing after top AI talent, including filling the position of chief AI officer. A lot of these companies, Doonan said, "can't really articulate what they want, why they want it, and what are the outcomes that they're looking for." "All I could think is that you could change the word 'cowbell' to 'AI,'" Doonan said. Without that understanding, Doonan said companies are going to hire "somebody really senior and they're going to be doing [data] clean-up for the next two years. Of course, that hasn't stopped companies from wanting to add a chief AI officer to their ranks.

Persons: they're, Mike Doonan, Doonan, CNBC's, Jon Fortt, Christopher Walken, that's, hasn't, LinkedIn's, I've Organizations: CNBC Technology, Alteryx's Enterprise

☆ Cloudflare stock jumps 21% on earnings beat as the company wins larger deals
▼ + stars: | 2024-02-08 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

The company's net loss of $27.9 million, or 8 cents per share, narrowed from $45.9 million in the year-ago quarter. On a conference call with analysts, Prince mentioned business from the U.S. Commerce Department. Analysts surveyed by LSEG had expected 12 cents per share in adjusted earnings and revenue of $372.3 million. The company sees 58 cents to 59 cents in adjusted earnings per share and revenue from $1.648 billion to $1.652 billion. Analysts polled by LSEG were looking for 56 cents in adjusted earnings per share and $1.652 billion in revenue.

Persons: Matthew Prince, David Paul Morris, Cloudflare's, Cloudflare, Prince, Mark Anderson, Marc Boroditsky, Michelle Zatlyn wouldn't, LSEG Organizations: Cloudflare Inc, Bloomberg, Getty, LSEG, U.S . Commerce Department, Clearlake Capital, Insight Partners Locations: San Francisco , California, Israel

Its shares had lost almost half their value in the last 12 months prior to news of its exploring a sale. The Irvine, California-based company is being advised by investment bank Qatalyst Partners on its discussions with potential acquirers, which include private equity firms, the sources said. Alteryx shares ended trading on Wednesday up 14% on the news at $34.58. In recent years, Alteryx has transitioned to a subscription-focused business model as part of a strategy to tap into growing demand for data analytics services. In its most recent quarter, Alteryx posted a net loss of $120 million due to higher sales and marketing expenses.

Persons: Alteryx, Dean Stoecker, Qatalyst, Milana Vinn, Nick Zieminski, Stephen Coates Organizations: Alteryx, Microsoft Corp, Oracle Corp, Qatalyst Partners, Insight Partners, Cola, Vodafone Plc, Walmart Inc, Ford Motor Company, North America, Thomson Locations: Irvine , California, Alteryx, New York

☆ Here are 20 stocks Jim Cramer is watching Wednesday, including Datadog and IFF
▼ + stars: | 2023-08-09 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

In Customer relationship management software, the CNBC Investing Club owns Salesforce (CRM). Again do not dismiss this one and Alteryx (AYX) as I think that there is real weakness in this quarter's enterprise software market. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: WEN, Jim Cramer's, Jim Cramer, Jim Organizations: Palo Alto, JPMorgan, CNBC, Club, Mizuho, Datadog, Bloomberg, Boston, Citi, Barclays, Brands, RBC, Holdings, PepsiCo, Jim Cramer's Charitable Locations: Wells

☆ These stocks reporting earnings next week have historically exceeded expectations and rallied as a result
▼ + stars: | 2023-08-04 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

About four out of every five of those stocks that have already reported have exceeded Wall Street's expectations. CNBC Pro used FactSet data to screen for companies reporting next week that have historically beat Wall Street expectations at least 70% of the time. Entertainment company Lionsgate has beaten expectations for earnings and sales 70% and 63% of past quarters, respectively. Shares have popped an average 3.9% in the sessions directly following its past earnings reports. The average analyst surveyed by Refinitiv sees that ascent continuing, with nearly 50% upside expected over the next year.

Persons: Tyler Radke, Armour, Refinitiv, — CNBC's Michael Bloom, Fred Imbert Organizations: CNBC, Citi, Entertainment, Lionsgate, Mattel

☆ Citi shares its top A.I. picks in software, including two names 'unfairly categorized' as losers
▼ + stars: | 2023-07-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Citi is sharing its top software names to play the booming artificial intelligence market, including two companies it views as "unfairly categorized" as losers. Alteryx shares are down more than 16% this year, while Nice has gained nearly 9%. Radke also said that strong momentum from expanded software and a growing product portfolio should offset fears that AI may hinder Alteryx. Recent analyst day announcements also highlighted ways the company is using AI and machine learning within its data analytics cloud platform, he added. The firm's $70 price target on shares suggests more than 65% upside from Thursday's close, — CNBC's Michael Bloom contributed reporting

Persons: Tyler Radke, MongoDB, Radke, — CNBC's Michael Bloom Organizations: Citi, Nasdaq, Nice Locations: Covid, Israel

☆ How one organization is enabling real-time, intelligent decision-making at scale to improve efficiencies and mitigate risk
▼ + stars: | 2023-06-26 | by ( Sponsor Post | Created Insider Studios With Alteryx | ) www.businessinsider.com time to read: +7 min

Data analytics can be a game-changer for helping businesses see potential outcomes and make decisions. Belsham said another achievement of data analytics is the removal of the possibility of human error. "With the way Alteryx functions, with the embedded auditing, it's almost self-governing." "Attracting — and retaining — talented staff at RSM has been given a huge boost by digital transformation and adopting a data analytics strategy," Herring said. Find out more about how the award-winning Alteryx Analytics Cloud Platform can help your business make intelligent decisions across the organization with automated, AI-driven insights.

Persons: Kevin Rubin, Paul Herring, Alteryx, Herring, It's, Sarah Belsham, Belsham, you've, clamoring Organizations: RSM, Finance, RSM International, Excellence, Technology, Insider Studios Locations: Alteryx

☆ Bank of America says buy this little-known software stock that can rally 80% on strong A.I. demand
▼ + stars: | 2023-06-01 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Software stock Alteryx could see big gains due to burgeoning artificial intelligence demand, according to Bank of America. The bank upgraded shares of Alteryx to buy from neutral Thursday and raised its price target to $70 from $60. The new target implies upside of 80% from Wednesday's close. The company focuses on data analytics for employers, and BofA sees promise in the company's cloud segment and potential for AI application through its generative AI product. AYX YTD mountain Shares of Alteryx are down more than 23% from the start of the year.

Persons: BofA, Koji Ikeda, Koji, — CNBC's Michael Bloom Organizations: Bank of America Locations: Alteryx, Wednesday's

☆ Stocks making the biggest moves premarket: Snap, Intel, First Solar, Exxon Mobil & more
▼ + stars: | 2023-04-28 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

That overshadowed a revenue beat for the first quarter. The company beat on adjusted earnings per share with $1.58 against a StreetAccount estimated $1.52. Exxon Mobil's adjusted earnings per share came in at $2.83, topping analysts' estimates of $2.59, per Refinitiv. The oil major's adjusted earnings per share was $3.55 versus the $3.41 expected by analysts polled by Refinitiv. The company reported 40 cents per share adjusted on $548.29 million in revenue, while a StreetAccount estimate called for 99 cents per share.

☆ Stocks making the biggest moves midday: First Republic, Snap, Amazon, Intel and more
▼ + stars: | 2023-04-28 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Snap — The Snapchat parent company cratered about 18% after missing revenue expectations for the recent quarter. Intel — Intel shares rose more than 4% even after the company reported its largest quarterly loss on record and a 133% reduction year over year. Colgate-Palmolive — The consumer giant saw its stock rally 4% after the company reported quarterly earnings and revenue that topped expectations. The company reported 98 cents in earnings per share, above the 89 cents expected by analysts polled by Refinitiv. Newell Brands — Shares gained 2% even after the consumer goods company reported a wider-than-expected loss.

☆ These 74 stocks across 5 categories of AI are the top picks from the sector's leading fund managers.
▼ + stars: | 2023-03-18 | by ( Laila Maidan | ) www.businessinsider.com time to read: +11 min

These 74 stocks are picked by AI ETF managers. What she believes is unique about her fund is its heavy focus on quantum computing technology, making up 41.22% of the fund. While big data is used for different technologies, it enables AI to work with massive data sets in its machine-learning process. TipRanks, a financial technology website that uses AI to analyze financial data, created a stock list for what they deem are the best AI stocks based on popularity. TipRanks' list of nine of the best AI stocks have large market caps and are likely to remain relevant for a long time.

☆ Writers are worried ChatGPT will steal their jobs. Experts offered 3 reasons why this is unlikely — and even ChatGPT itself agrees.
▼ + stars: | 2023-02-13 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +6 min

They offered three reasons why it's unlikely that ChatGPT will replace them in the future. Although ChatGPT might bring some changes to the workplace, here are three reasons why it's unlikely to replace you. Empathy is another skill ChatGPT doesn't have because we have "a higher order way of thinking about things," Jacobson said. ChatGPT can't beat Google's spam policiesCompanies that publish content written by ChatGPT or other AI tools are likely to be penalized by Google's unbeatable spam policies. "For now, the role of ChatGPT and other AI models in content creation is to augment and assist human content creators, rather than to replace them."

☆ Jim Cramer gives his take on recent quarterly earnings from New Relic, Cloudflare and Alteryx
▼ + stars: | 2023-02-10 | 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 EmailJim Cramer gives his take on recent quarterly earnings from New Relic, Cloudflare and AlteryxCramer gave his thoughts on earnings reports from three enterprise software companies.

☆ The AI craze has sent some stocks soaring up to 300%. This list of over 74 stocks across 5 categories features the top picks from the sector's leading fund managers.
▼ + stars: | 2023-02-08 | by ( Laila Maidan | ) www.businessinsider.com time to read: +11 min

☆ A long-overdue reality check for tech stocks has reset the bar for 2023
▼ + stars: | 2022-12-20 | by ( Samantha Subin | ) www.cnbc.com time to read: +9 min

Despite the comedown, many stocks still are expensive on a price-to-earnings basis when compared with the broader S & P 500, which trades at 18 times earnings. As of Monday's close, Meta shares trade at 11 times earnings on a 12-month trailing basis, down from 24 times at the start of 2022. PE ratios for all three stocks have come down significantly this year, with Cisco trading at 17 times earnings, compared to more than 23 times at the start of 2022. Within the semiconductor sector, Meeks favors names operating within industrials and autos, that are better positioned in a slowdown. While risk-averse tech may be the name of the game for 2023, some investors caution opting out of growth altogether.

☆ Inside the little-known tool that gives JPMorgan Chase the power to collect data about everything its employees do at work
▼ + stars: | 2022-05-27 | by ( Reed Alexander | ) www.businessinsider.com time to read: +22 min

Insider learned about the WADU system through interviews and leaked internal documents that explain what kinds of data it captures. Though the use of Palantir was reportedly for security purposes, JPMorgan employees who spoke to Bloomberg said the situation quickly escalated. When companies are opaque about how they use employee data, the consequences can be detrimental — from harming employee "engagement" to eroding their "mental health," Garr said. Companies that fail to do this run the risk of cultivating the kind of mistrust that JPMorgan employees claim is running rampant through their ranks. "It does not sit well with me, what they're doing," said the US-based staffer with direct knowledge of the WADU system.

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