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☆ Nvidians, Metamates, Amazonians: These are the nicknames that tech workers call themselves
▼ + stars: | 2024-09-28 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Tech workers have some interesting nicknames. Go to newsletter preferences Thanks for signing up! AdvertisementThe tech industry is no stranger to corporate jargon and word salad. Fortunately some terms in the industry, specifically what its companies call their workers, are much more straightforward. AdvertisementFrom Metamates to Amazonians, here are popular nicknames for employees at various tech companies:

Persons: —, John Mulaney Organizations: . Tech, Service Locations: San Francisco, Amazonians

☆ 10 things to watch in the stock market Friday including a bullish call on Best Buy
▼ + stars: | 2024-09-27 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

We raised our price target on the stock. Best Buy was added to JPMorgan's analyst focus list after a meeting with the electronics and appliance retailer's management team. Deutsche Bank restarted coverage of Dell Technologies with a buy rating and price target of $144 a share. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Bristol Myers, Morgan Stanley, Wynn, Jim Cramer, Dan Ives, Jim Cramer's, Jim Organizations: Club, Costco, Drug Administration, Bristol, Bristol Myers Squibb, Wynn Resorts, United Arab, Citigroup, Analysts, Walmart, Deutsche Bank, Dell Technologies, PepsiCo, HP Inc, Bank of America, HP, Wedbush Securities, Jim's, Jim Cramer's Charitable, CNBC Locations: what's, New Jersey, Las Vegas, United Arab Emirates, China, Macau

☆ How we're thinking about 7 portfolio stocks with ties to OpenAI after its latest shakeup
▼ + stars: | 2024-09-26 | by ( Morgan Chittum | ) www.cnbc.com time to read: +11 min

We're taking a keen interest because several stocks in the Club portfolio have ties to the startup behind ChatGPT. Co-founder Ilya Sutskever, who had been chief scientist, also left earlier this year and launched a new AI startup. Microsoft Microsoft got the first-mover advantage among big tech firms because of its early investment in OpenAI. As of now, we still haven't heard much about Lilly's exact plan to utilize OpenAI's technology. OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.

Persons: OpenAI, Sam Altman's, There's, Mira Murati, she's, Bob McGrew, Barret Zoph, Altman, Ilya Sutskever, it's, here's, ChatGPT, Jim Cramer, Jim, That's, —, OpenAI's, Jensen Huang, Nikesh Arora, Morgan Stanley Morgan Stanley, Morgan, Eli Lilly Eli Lilly, Eli Lilly's, Einstein, Marc Benioff, Jim Cramer's, Sam Altman, Jason Redmond Organizations: Club, Microsoft, Nvidia, Reuters, CNBC, Apple Intelligence, Apple, Bloomberg News, Street, Microsoft Microsoft, Blackwell, Palo, Palo Alto Networks, Employees, OpenAI, Barclays, Jim Cramer's Charitable, AFP, Getty Locations: OpenAI, Redmond, Washington, Palo Alto, Redmond , Washington

☆ Salesforce may finally have found its AI footing. What it means beyond the initial hype
▼ + stars: | 2024-09-25 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +8 min

Bowing to investor pressure, Salesforce has adopted a more disciplined approach to dealmaking, increasing the importance of internal product development. "Agentforce is the product announcement [Salesforce] investors have sought for years," Needham analysts wrote in a recent note to clients. Salesforce stock remains down about 13% from its 2024 peak close and record high of $316.88 a share on March 1. CRM 1Y mountain Salesforce's stock over the past 12 months. Analysts said Salesforce is cheap compared to peers on multiple valuation metrics with ample room to increase free cash flow ahead.

Persons: Salesforce, Jim Cramer, Agentforce, Mulesoft, Needham, Einstein, —, Jim, Bofa, Baird, Piper Sandler, Piper, Jim Cramer's, Marc Benioff, Salesforce's Dreamforce, Justin Sullivan Organizations: Wall Street, Nasdaq, Barclays, Saks, Investors, Bank of America, CNBC, Getty Locations: Dreamforce, San Francisco, San Francisco , California

☆ Marc Benioff dismisses Microsoft's Copilot AI as the next 'Clippy'
▼ + stars: | 2024-09-22 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

Salesforce CEO Marc Benioff compared Microsoft's Copilot to Office's much-maligned "Clippy." Go to newsletter preferences Thanks for signing up! AdvertisementIt's unclear which assistant should be more offended: Microsoft Copilot or Microsoft Office's Clippy. Benioff dismissed Microsoft's Copilot AI features during an interview in the midst of his company's annual Dreamforce conference in San Francisco. "We all know now that Microsoft Copilot is basically the new Microsoft Clippy, that customers have not gotten value from it," Benioff said during an interview with Bloomberg.

Persons: Marc Benioff, Copilot, Benioff, Salesforce, —, Microsoft's Organizations: Service, Microsoft, Bloomberg, Business Locations: San Francisco

☆ John Mulaney slams San Francisco and taunts tech 'trailblazers' during Dreamforce closing night comedy set
▼ + stars: | 2024-09-21 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

John Mulaney roasted tech bros and AI-obsessives at Dreamforce in San Francisco. Dreamforce is an annual Salesforce event, and last year Seth Meyers pilloried the crowd. Go to newsletter preferences Thanks for signing up! AdvertisementComedian John Mulaney laid into tech bros and AI-obsessives during his closing night set at the annual Dreamforce conference in San Francisco this week. The three-day Salesforce event is an annual conference that markets itself as the "largest AI event in the world."

Persons: John Mulaney, Dreamforce, Seth Meyers, —, Jensen Huang, Marc Benioff Organizations: Service, bros, Nvidia, Business Locations: Dreamforce, San Francisco

☆ Wall Street hits records — here are the winners and the losers after the Fed rate cut
▼ + stars: | 2024-09-19 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Salesforce was having a strong session as well, taking in stride the late-day Wall Street Journal report that Disney will no longer use Salesforce-owned Slack after a data hack. 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. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, Dow, Jim Cramer's, Lisa Su, Salesforce, Slack, Procter & Gamble, Jim Organizations: CNBC, Federal Reserve, Nasdaq, Tech, Devices, Journal, Disney, Barclays, Treasury, Procter, Fed, FedEx, Jim Cramer's Charitable Locations: Procter &

☆ Disney to ditch Slack following July data breach
▼ + stars: | 2024-09-19 | by ( Sarah Whitten | ) www.cnbc.com time to read: +1 min

The Mickey Mouse and Minnie Mouse float passes by during the daily Festival of Fantasy Parade at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. The Walt Disney Company will no longer use Slack for in-house company communication months after a hack that involved more than a terabyte of company data being leaked to the public. Representatives from Disney and Salesforce, the owner of Slack, did not immediately respond to CNBC's request for comment. "Companies also have to take the right measure to prevent phishing attacks and to lockdown their employees' social engineering," he added. Benioff noted that Disney continues to use Salesforce products in other aspects of its business including its Disney store, Disney guides, sales and service operations and its call centers.

Persons: Mickey Mouse, Mouse, Hugh Johnston, Slack, Marc Benioff, Benioff, Disney Organizations: Magic, Walt Disney World, Walt Disney Company, Disney, CNBC, Bloomberg Locations: Orlando , Florida

☆ Our approach to the stock market heading into the Fed's big Wednesday decision
▼ + stars: | 2024-09-17 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Muted session: U.S. stocks were flat Tuesday after the S & P 500 briefly made a new all-time high in the session. 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: Jim Cramer, hasn't, We're, Marc Benioff, Mills, Jerome Powell, Jim Cramer's, Jim, Kevin Mohatt Organizations: CNBC, Procter, Procter & Gamble, Jim Cramer's Charitable, U.S . Federal, Federal, Committee Locations: Procter &, San Francisco, Washington , U.S

☆ Customers just need to use the Salesforce platform & we will deliver the results, says CEO Marc Benioff
▼ + stars: | 2024-09-17 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCustomers just need to use the Salesforce platform & we will deliver the results, says CEO Marc BenioffSalesforce CEO Marc Benioff sits down with 'Mad Money' host Jim Cramer at the Dreamforce Conference.

Persons: Marc Benioff, Jim Cramer Organizations: Dreamforce Conference

☆ Jim Cramer recaps the latest out of Salesforce from its Dreamforce Conference
▼ + stars: | 2024-09-17 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJim Cramer recaps the latest out of Salesforce from its Dreamforce Conference'Mad Money' host Jim Cramer looks at the latest AI innovations out of Salesforce's annual conference.

Persons: Jim Cramer Locations: Salesforce

☆ Siemens CEO Barbara Humpton sits down with Jim Cramer at the Dreamforce Conference
▼ + stars: | 2024-09-17 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSiemens CEO Barbara Humpton sits down with Jim Cramer at the Dreamforce ConferenceSiemens President and CEO Barbara Humpton joins 'Mad Money' host Jim Cramer to talk how the company is powering data centers, its new New York plant, partnering with Salesforce and more.

Persons: Barbara Humpton, Jim Cramer, Salesforce Organizations: Siemens, Dreamforce Conference Siemens Locations: New York

☆ Salesforce CEO describes new AI product's real-life use case in healthcare
▼ + stars: | 2024-09-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

"Our doctors and our nurses are just way burnt out after the pandemic," Benioff said. Agentforce is a platform meant to automate certain functions, and Benioff has previously described how it helps clients like ADP , OpenTable, Wyndham and Wiley . Benioff claimed that Agentforce's capabilities are more advanced than other automated customer services functions that can lead to frustration. "We can make those customers successful with their customers in these incredible new ways," he said. "And it's so much more than just — go away with the 'hit one for sales, hit two for service, hit three for marketing.'

Persons: Marc Benioff, CNBC's Jim Cramer, Benioff, Wiley, Agentforce Locations: San Francisco, Wyndham

Here's a rapid-fire update on all 32 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. AMD shares have caught a bid in recent days, but they're still cheap considering the growth of its AI processors. Broadcom : Investors who don't own any Broadcom yet should consider starting a position here, Jim said. Although it's tempting to offload shares, Jim said to stick with Honeywell for now because there's huge value in individual businesses like aerospace. There's little negative to say about this portfolio stock.

Persons: Jim Cramer's, Jim, Apple, haven't, it's, that's, he'll, Bob Iger, Bob Chapek, Larry Ellison, Biogen, Eli Lilly, Lowe's, Vimal Kapur, We'd, Linde, Lilly, Morgan Stanley, Goldman Sachs, It's, Jensen Huang, Kamala Harris, Republican Donald Trump, CrowdStrike, Palo, — we're, we're, Brian Niccol, Sands, Stanley Black, Decker, Wells, Charlie Scharf's, Jim Cramer, Angela Weiss Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Abbott Laboratories, Abbott Labs, AMD, Amazon, Web, Broadcom, VMWare, Federal Reserve, Costco Wholesale, Coterra, DuPont, New York Times, Oracle, GE Healthcare, GE, Honeywell, Linde, Microsoft, Nvidia, Republican, Palo Alto Networks, Palo, Procter & Gamble, Procter, Gamble, Constellation Brands, Modelo, Stanley, TJX, Marshalls, Jim Cramer's Charitable, Traders, New York Stock Exchange, AFP, Getty Locations: Nvidia's, San Francisco, China, Dover, United States, industrials, OpenAI, Palo Alto, Wells Fargo

☆ Democratic megadonor Ron Conway took his concerns about Biden directly to Pelosi
▼ + stars: | 2024-07-12 | by ( Brian Schwartz | ) www.cnbc.com time to read: +4 min

Venture capitalist and Democratic megadonor Ron Conway has spoken directly with former House Speaker Nancy Pelosi about President Joe Biden's disastrous debate performance, according to three people familiar with the matter. Representatives for both Pelosi and Conway did not deny that the California Democrat and unofficial dean of the House Democratic caucus had spoken to Conway about Biden. "Like many others, since the debate Ron has had many conversations with Democratic party leaders and other major donors about the best path forward for victory. He's given over $400,000 to the Biden Victory Fund throughout the 2024 election cycle, according to Federal Election Commission records. Conway gave over $200,000 to the Nancy Pelosi Victory Fund during the 2022 congressional midterm elections, according to OpenSecrets.

Persons: Nancy Pelosi, Ron Conway, Joe Biden's, Conway, Donald Trump, Pelosi, Conway's, Biden, Ron, He's, Biden's, Kamala Harris, Trump, George Stephanopoulos, bundlers, Stewart Bainum Jr, he's, Abigail Disney, Disney Organizations: SV Angel, Conference, Venture, Democratic, CNBC, MSNBC, California Democrat, House Democratic, Trump, ABC News, Biden, Fund, Commission, House Democrats, Choice Locations: California, San Francisco , California, U.S, Silicon Valley, OpenSecrets, Chicago

☆ Salesforce shares tumble 20%, on pace for worst day since 2004
▼ + stars: | 2024-05-30 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

Photographer: David Odisho/Bloomberg via Getty ImagesShares of Salesforce tumbled 20% Thursday morning, putting the stock on pace for its worst day in nearly 20 years. Its worst trading day on record is July 4, 2004, when shares fell 27% just days after the company went public. Salesforce expects second-quarter adjusted earnings per share of $2.34 to $2.36 on $9.2 billion to $9.25 billion in revenue. Goldman Sachs analysts reiterated their buy rating on the stock and said they view Salesforce as a "high-quality software franchise." Goldman Sachs analysts said in a note Wednesday that Salesforce is "an under-appreciated Gen-AI winner."

Persons: Marc Benioff, Benioff, David Odisho, Salesforce, LSEG, Salesforce's, Goldman Sachs, Morgan Stanley, — CNBC's Michael Bloom, Jordan Novet Organizations: Salesforce.com Inc, Bloomberg, Getty, Citi Locations: San Francisco , California, Francisco's

☆ Salesforce's behind-the-scenes co-founder is tackling Slack as software company turns 25
▼ + stars: | 2024-03-09 | by ( Jordan Novet | ) www.cnbc.com time to read: +16 min

"The V2MOM had nothing about generative AI," Parker Harris, who co-founded the company with Benioff, told CNBC in an interview. Harris, a Salesforce board member and now the technology chief of Slack, which Salesforce bought in 2021, said he'd rather avoid the limelight. Without the Data Cloud, Harris told CNBC, "I think we would have been in a much worse place." He told Benioff he'd redo the plan, the person said. They'll be talking more frequently, as Harris said they're about to kick off weekly meetings on Slack and Salesforce integrations.

Persons: Parker Harris, Marlena Sloss, Marc Benioff, ChatGPT, Benioff, Salesforce, Harris, Slack, he'd, Sam Altman, Noah Berger, Robin, Batman, Frank Dominguez, Dave Moellenhoff, Bobby Yazdani, Larry Ellison, Yazdani, Dominguez, Brett Queener, who's, Queener, Salesforce.com, He's, Ruth Asawa, Josef Albers, Miles Davis, Donald Trump, Jason Alden, Marc, Kara Swisher, David Paul Morris, Adam Selipsky, it's, Stewart Butterfield, Lidiane Jones, Cal Henderson, Benioff's, Parker, Noah Weiss, Denise Dresser, Weiss, Parker Harris emoji, They'll, Salesforce integrations, Stefan Slowinski Organizations: Salesforce, Bloomberg, Getty, CNBC, Google, Microsoft, Middlebury College, Apple, San, San Francisco Bay Area, Metropolis Software, Software, Saba Software, Oracle, San Francisco's Telegraph, YouTube, Facebook, Economic, Salesforce.com Inc, Web, VMware, Employees Locations: San Francisco, Silicon Valley, English, Vermont, North Carolina, San Francisco Bay, Moellenhoff, Kincaid's, Burlingame, San Francisco's, Salesforce, France, Italy, Nantucket, San, Pacific, Davos, Switzerland, Cliff, New York, Las Vegas, Hawaii

☆ Marc Benioff just can't make up his mind on RTO
▼ + stars: | 2023-11-23 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

This is despite mandating Salesforce employees to come to the office three or more days a week. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSalesforce billionaire CEO Marc Benioff seems to have somewhat of a muddled stance on hybrid working. AdvertisementBut Benioff doesn't seem to apply this mantra to his own workforce. It just doesn't work with my personality."

Persons: Marc Benioff, —, it's, GQ isn't, Benioff, I've Organizations: GQ, Service, Engineers

Marc Benioff, CEO of Salesforce.com, speaks during a keynote at the Dreamforce 2023 conference in San Francisco on Sept. 12, 2023. Salesforce announced in a Tuesday social media post that the business software maker's Dreamforce conference for customers and partners will remain in San Francisco for one more year. In an X post of his own, Benioff said San Francisco is "now the AI capital of the world." Salesforce used this year's Dreamforce conference to show off AI capabilities integrating with technology from Anthropic and OpenAI. San Francisco reported 620 accidental drug overdose deaths in 2022, down from 640 in 2021 and 725 in 2020.

Persons: Marc Benioff, Salesforce, Sam Altman, Benioff Organizations: Salesforce.com, San Francisco Chronicle, Google, Oracle, Police, CNBC, London, Golden State Warriors, Banana, Nordstrom, Foods, CNBC PRO Locations: San Francisco, Salesforce, Francisco's, Francisco, Anthropic

☆ Salesforce gave former employees stuffed toys wearing boomerang shirts as the company seeks to bring back ex-staff amid a hiring drive
▼ + stars: | 2023-09-20 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Salesforce held an alumni event last week with 50 former executives who were gifted with stuffed animals. The company is encouraging former executives to "boomerang" amid a hiring drive. Salesforce recently announced plans to hire 3,000 people despite brutal layoffs earlier this year. Kelman, who left the company in 2011 for leadership stints at the likes of Amazon Web Services and Oracle, said it was "good timing," and rejoined as president and chief marketing officer. Salesforce said it is hiring 3,300 employees across sales, engineering, and its data cloud product teams to help grow its artificial intelligence business last week, per Bloomberg.

Persons: Salesforce, Marc Benioff, Kendall Collins, he's, Collins, Ariel Kelman, Kelman, Miguel Milano, Celonis, Brian Milham, Katie Kutzer, David Winslow, Craig Shull, Steve Fisher, Dean Robison Organizations: Service, CNBC, Bloomberg, Amazon Web Services, Oracle Locations: Wall, Silicon, San Francisco, Salesforce, Madrid

☆ Salesforce CEO says he's 'always been a remote worker,' even though some of his employees have to return to the office
▼ + stars: | 2023-09-19 | by ( Will Gendron | ) www.businessinsider.com time to read: +3 min

Salesforce's CEO opened up about remote work, saying that he doesn't "work well in an office." His comments come after Salesforce mandated some of its workers to return to the office. I've always been a remote worker my whole life," Benioff told MSNBC last week during Salesforce's annual Dreamforce conference. AdvertisementAdvertisementLike many companies, Salesforce embraced remote work during the pandemic. In June, Salesforce incentivized workers to return to the office by offering a $10 charity donation for each day an employee worked in person.

Persons: Marc Benioff, I've, Benioff, Brent Hyder, Salesforce's, Salesforce, Kara Swisher, Andy Jassy, Meta, Goldman Sachs Organizations: Companies, Service, MSNBC Locations: Wall, Silicon

☆ Salesforce turns to 'boomerangs,' luring back former execs to help reignite growth
▼ + stars: | 2023-09-18 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Marc Benioff, chief executive officer of Salesforce.com Inc., right, greets attendees after a keynote at the company's Dreamforce conference in San Francisco on Sept. 12, 2023. Ariel Kelman had been away from Salesforce for over a decade, when he received a direct message on Twitter from CEO Marc Benioff earlier this year. "I just thought it was good timing," Kelman said in an interview at Salesforce's Dreamforce conference in San Francisco last week. Kelman spent the few months prior running marketing at a startup called Fireblocks before rejoining Salesforce in June as chief marketing officer. Kelman and Milano are among at least eight ex-Salesforce execs who have rejoined the gang in 2023, as the company approaches its 25th birthday.

Persons: Marc Benioff, Benioff, Ariel Kelman, who'd, Kelman, Miguel Milano, Milano, Brian Millham, Millham, Dreamforce . Kelman, Salesforce, Bret Taylor, it's Organizations: Salesforce.com Inc, Amazon Web Services, Oracle, Salesforce's, Salesforce, CNBC Locations: San Francisco, Salesforce, Madrid

☆ Insider Today: Tech's biggest lie
▼ + stars: | 2023-09-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

In recent years, some members of Congress have lacked a basic understanding of technology, let alone something as complex as generative AI. Marc Benioff spent much of the annual Dreamforce conference sounding the alarms on how untrustworthy generative AI is right now. Marc Benioff spent much of the annual Dreamforce conference sounding the alarms on how untrustworthy generative AI is right now. It's International Equal Pay Day. The UN General Assembly created this day in 2019 with "equal pay for work of equal value" in mind.

Persons: Mark Sumersett, isn't, Simon Simard, Daron Acemoglu, Insider's Aki Ito, Acemoglu, hasn't, Aki, It's, Nat Friedman, Rebecca Zisser, Peter Brown, Marc Benioff, Salesforce, Greg Johnson, Gary Reyes, Janette Beckman, Getty, Johnny Nunez, Lynn Goldsmith, Dakarai Akil, Tupac, Akon, Sean Kingston, Gucci Mane, There's, Carly Pearce, Valter Longo, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, MIT, Renaissance Technologies, Bloomberg Beta, McAfee, Oakland Tribune Staff, Interscope Records, Academy of Country, FOX, UN, Assembly, Getty Locations: Wall, Silicon, New York City, San Diego, London, New York

☆ Oracle buddies up with Microsoft. Plus our take on Salesforce and Meta news
▼ + stars: | 2023-09-15 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +8 min

A new partnership between Microsoft (MSFT) and Oracle (ORCL) has the potential to benefit both Club holdings in the competitive cloud-computing landscape. Oracle, a database pioneer with more than 40 years of history operating in the market, had existing offerings geared toward Azure customers . Wall Street analysts were generally upbeat on the implications for Microsoft and Oracle, which joined the Club's portfolio a month ago. Analysts at Bernstein downplayed concerns that the deeper partnership with Microsoft will hurt Oracle's fast-growing cloud-computing service, known as Oracle Cloud Infrastructure. "This partnership also lowers the potential risk of Microsoft trying to target Oracle database customers to move off Oracle.

Persons: —, Satya Nadella, Larry Ellison, Bernstein, prem workloads, Ellison, Oracle's, Salesforce, Brian Millham, Marc Benioff, Will Cathcart, there's, Mark Zuckerberg, Jim Cramer, WhatsApp, Susan Li, Jim Cramer's, Jim, Justin Sullivan Organizations: Microsoft, Oracle, Oracle Autonomous Database, Wall Street, Barclays, Deutsche Bank, Web Services, Oracle Cloud Infrastructure, Companies, Bloomberg, Financial Times, Meta Platforms, Meta, Facebook, CNBC Locations: Salesforce, San Francisco, Redwood Shores , California

☆ Salesforce CEO Marc Benioff: When I talk to CEOs they are all Slack-first
▼ + stars: | 2023-09-12 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSalesforce CEO Marc Benioff: When I talk to CEOs they are all Slack-firstSalesforce CEO Marc Benioff sits down with 'Mad Money' host Jim Cramer to talk AI application, what's next for Slack, the Dreamforce conference and more.

Persons: Marc Benioff, Jim Cramer, what's, Slack

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