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☆ Amazon chief security officer on cyber outlook for second half of 2024, 'platformization' and chips
▼ + stars: | 2024-06-11 | 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 EmailAmazon chief security officer on cyber outlook for second half of 2024, 'platformization' and chipsAmazon Chief Security Officer Steve Schmidt discuss the outlook for cyber security and protecting the tech giant's cloud, retail and digital ad businesses with Worldwide Exchange anchor Frank Holland. Schmidt also discusses the challenges of finding talent, the company's chip strategy and his view on "platformization".

Persons: Steve Schmidt, Frank Holland, Schmidt Organizations: Amazon, Worldwide Exchange

☆ Disney+ will stream Caitlin Clark's WNBA debut in the platform's first live sports event
▼ + stars: | 2024-05-14 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +2 min

The WNBA regular season opens Tuesday night with breakout star Caitlin Clark making her debut as point guard for the Indiana Fever. Following Clark's debut at 7:30 pm ET against the Connecticut Sun, Disney+ will stream the Phoenix Mercury vs. Las Vegas Aces matchup. Discovery's exclusive TV rights for NBA games is currently under negotiation. The WNBA's existing media rights deal expires in 2025. "They covet younger fans, and this is how younger fans view their sports these days, it is through streaming," Rishe told CNBC's "Worldwide Exchange" Tuesday.

Persons: Caitlin Clark, Destanni Henderson, Clark, It's, Engelbert, Patrick Rishe, Rishe, CNBC's, Lionel Messi Organizations: Indiana, Atlanta, WNBA, Gainbridge Fieldhouse, Indiana Fever, Disney, Connecticut Sun, Phoenix Mercury, Las Vegas Aces, ESPN, Warner Bros . Discovery, Fox Corp, Warner Bros, NBA, Sports Business, Washington University's Olin Business School, Apple, Major League Soccer, Apple TV Locations: Gainbridge, Indianapolis , Indiana, Iowa

☆ Sell Nvidia or stick with it? Here's what investors say
▼ + stars: | 2024-03-13 | by ( Weizhen Tan | ) www.cnbc.com time to read: +6 min

Here's what those who currently hold Nvidia shares are doing — or planning to do — with their positions. Sell at least some Some are saying it's time to sell or that they have already sold part of their Nvidia shares. Paul Gambles, managing partner of MBMG Family Office Group, told CNBC Pro on Monday that he'd sell Nvidia right now. Stick with it Louis Navellier of Navellier and Associates is still fairly bullish, and says it's definitely not time to sell any Nvidia shares yet. After Nvidia's selloff, he reiterated his position, saying he has no plans to sell Nvidia.

Persons: it's, Vahan Janjigian, CNBC's, Paul Gambles, Gambles, NVDA, Jordan Cvetanovski, Cvetanovski, I'm, we've, Craig Johnson, Piper Sandler, Louis Navellier, Nvidia's selloff Organizations: Nvidia, Greenwich Wealth Management, Trust, VanEck Semiconductor, Family, CNBC Pro, Sydney, Pella Funds Management, Navellier Locations: Pella, NVDA

☆ Sell Nvidia or stick with it? Here's what experts say
▼ + stars: | 2024-03-13 | by ( Weizhen Tan | ) www.cnbc.com time to read: +6 min

Here's what those who currently hold Nvidia shares are doing — or planning to do — with their positions. Sell at least some Some are saying it's time to sell or that they have already sold part of their Nvidia shares. Vahan Janjigian, chief investment officer at U.S.-based Greenwich Wealth Management, says he had a "big position" in Nvidia until recently. Paul Gambles, managing partner of MBMG Family Office Group, told CNBC Pro on Monday that he'd sell Nvidia right now. Stick with it Louis Navellier of Navellier and Associates is still fairly bullish, and says it's definitely not time to sell any Nvidia shares yet.

Persons: it's, Vahan Janjigian, CNBC's, Paul Gambles, Gambles, NVDA, Jordan Cvetanovski, Cvetanovski, I'm, we've, Craig Johnson, Piper Sandler, Louis Navellier Organizations: Nvidia, Greenwich Wealth Management, Trust, VanEck Semiconductor, Family, CNBC Pro, Sydney, Pella Funds Management, Navellier Locations: Pella

☆ Tech's longtime highfliers are growing up by getting smaller
▼ + stars: | 2024-02-02 | by ( Ari Levy | ) www.cnbc.com time to read: +7 min

They're still out hunting for the best technical talent, particularly in areas like artificial intelligence, but headcount growth is measured. Last year, tech companies were responding to dramatically changing market conditions — soaring inflation, rising interest rates, rotation out of risk — after an extended bull market. Meta slashed over 20,000 jobs in 2023, Amazon laid off more than 27,000 people, And Alphabet cut over 12,000 positions. Other than Nvidia , which had a banner 2023 due to soaring demand for its AI chips, none of the other mega-cap tech companies have been growing at their historic averages. By late this year, analysts are projecting growth at Meta will be back down to the low teens at best.

Persons: Tayfun, There's, Daniel Flax, Neuberger Berman, CNBC's, Morgan Stanley, Brian Nowak, Brian Olsavsky, They're, Mark Zuckerberg, Zuckerberg, Olsavsky, Phil Spencer, Justin Sullivan, Okta, Zuora, Evan Sohn, Recruiter.com, " Sohn, Susan Li, Ben Barringer, Cheviot, Barringer, —, Annie Palmer Organizations: Anadolu Agency, Getty Images Technology, Amazon, Meta, hasn't, Microsoft, Activision Blizzard, SAN FRANCISCO, Activision, FTC, Getty, Federal, Labor Department's Bureau of Labor Statistics, Tech, Nvidia, Finance, CNBC Locations: Menlo Park , California, Silicon Valley, CALIFORNIA, San Francisco , California

☆ A sale isn't worth it anymore unless you're getting 40% off
▼ + stars: | 2023-11-29 | by ( Cork Gaines | ) www.businessinsider.com time to read: +4 min

Many retailers are extending holiday shopping discounts to record levels and for longer periods. To get the best discounts, you might have to head to your nearest mall. To get the best holiday deals, you might have to go to the mall. That worked in the last few years but didn't this year because financially stressed consumers became even more cost-conscious and looked for the best deals, he added. "Retailers moved a lot of those sales earlier than usual, and then it became one big event culminating on Cyber Monday."

Persons: LSEG, —, Jharonne Martis, Martis, Centric Market Intelligence —, Howard Schnapp, Kraig Foreman, CNBC's, Foreman Organizations: Service, Adobe, London Stock Exchange Group, London Stock Exchange, Centric Market Intelligence, Getty, CNBC, Wall Street, Retailers

☆ Americans broke a record for spending on Black Friday, but it is just hiding a bigger problem for the economy
▼ + stars: | 2023-11-28 | by ( Cork Gaines | Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

Many are delaying the cost as buy now, pay later programs are expected to have their biggest month ever. Many are paying via "buy now, pay later" platforms such as Klarna or Afterpay, which let shoppers pay in installments every week or month. Buy now, pay later also allows people to borrow less expensively as they get the pricing interest-free if paid off in time. Indeed, the Fed's "2022 Survey of Household Economics and Decisionmaking" found that 83% of respondents paid off their buy now, pay later programs on time. Compounding the problem is that people tend to spend more when using buy now, pay later programs, suggesting an overconfidence in what they can afford.

Persons: —, Salesforce, Beryl Tomay, Klarna, Mark Luschini, Janney Montgomery Scott, Maria Bartiromo, Luschini, Michael Landsberg, Landsberg Bennett, Kraig, Foreman Organizations: Black, Service, Adobe, Mastercard, CNBC, Business, Federal Reserve Bank of Atlanta, Household Economics, Social Science Research Network, Wealth Management Locations: Landsberg

☆ Americans broke a record for spending on Black Friday, but it's just hiding a bigger problem for the economy
▼ + stars: | 2023-11-28 | by ( Cork Gaines | Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

☆ Life in the fast lane: Vegas rolls out red carpet for Formula 1
▼ + stars: | 2023-11-17 | by ( Contessa Brewer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLife in the fast lane: Vegas rolls out red carpet for Formula 1CNBC's Contessa Brewer joins 'Worldwide Exchange' with a preview of this weekend's Formula 1 race in Las Vegas.

Persons: Contessa Brewer Locations: Las Vegas

☆ In a world of competing stock market narratives, only one is holding true
▼ + stars: | 2023-10-18 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

No trend in market direction Try to find evidence that the market supports any of these narratives. The ETF to watch is Vanguard Megacap Growth . By contrast, the other 493 stocks in the S & P 500 are seeing earnings projections lower (Q3) or flat (Q4). Apple Q3: up 7% Q4: up 12% Microsoft Q3: up 13% Q4: up 14% Amazon Q3: up 107% Q4: up 2,091% (!) Nvidia Q3: up 471% Q4: up 316% Meta Q3: up 122% Q4: up 176% Tesla Q3: down 30% Q4: down 28% Source: Factset

Persons: Tomas Lee, There's, Russell, Tesla Organizations: Bank of America Global Fund, Apple, Meta, Microsoft, Nvidia, Tesla

☆ Dominion Energy's offshore wind bet: $10 billion project will power 660k homes
▼ + stars: | 2023-10-18 | by ( Pippa Stevens | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDominion Energy's offshore wind bet: $10 billion project will power 660k homesCNBC's Pippa Stevens joins 'Worldwide Exchange' with a closer look at Dominion Energy's offshore wind site.

Persons: Pippa Stevens Organizations: Dominion

☆ White House announces recipients of $7 billion in hydrogen hub grants
▼ + stars: | 2023-10-13 | by ( Diana Olick | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhite House announces recipients of $7 billion in hydrogen hub grantsCNBC's Diana Olick joins 'Worldwide Exchange' with the latest news out of Washington.

Persons: Diana Olick Organizations: White Locations: Washington

☆ As Hollywood strikes press on, Wall Street weighs in on the outlook for TV, streaming stocks
▼ + stars: | 2023-09-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +10 min

At the same time, legacy media companies face off against another well-known demon: cord-cutting. Technology companies such as Apple and Amazon can lean on their respective hardware and e-commerce businesses, said Paul Fanelli, a research analyst at Gabelli Funds. Even so, Wall Street sees only a handful of pure-play winners in the TV and streaming space winning consumer attention over the long run. Already, the technology companies have shown some promise. Consumers are increasingly forgoing pay TV packages from cable companies and opting for bundles from companies like Alphabet, he said.

Persons: Rosenblatt, Barton Crockett, It's, Netflix's, Ken Leon, Hollywood's, Leon, Jamie Lumley, Paul Fanelli, it's, Apple's, Amazon's, That's, Needham, Laura Martin, Martin, —, John Hodulik, CNBC's, bode, Crockett, NBCUniversal's Peacock, Brandon Nispel, Nispel, Disney's hasn't, Fanelli, that's Organizations: Netflix, Apple, Paramount, Sky, Third, Gabelli, Warner, UBS, ESPN, Fox, NFL, Hulu, YouTube, KeyBanc, Comcast, Disney, Warner Bros, Max, DIS, Rosenblatt, ABC, Nexstar, CNBC Locations: France, United Kingdom

☆ How Nvidia earnings could send ripples through Wall Street
▼ + stars: | 2023-08-23 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Nvidia is slated to post fiscal second-quarter earnings after the bell Wednesday. The report could also send ripples through the entire stock market . Nvidia is far and away the best-performing S & P 500 member this year, up more than 200% in that time. "There were a lot of investors who got nervous as Nvidia was selling off and correcting in July. There are also concerns that this may be an overly crowded trade, which could prime it for a decline if Wednesday's report underwhelms Wall Street.

Persons: Tom Lee, CNBC's, Lee, Goldman Sachs, hasn't, — CNBC's Michael Bloom Organizations: Nvidia, AMD, Marvell Technology, Taiwan Semiconductor

☆ Chevron issues preliminary Q2 earnings results, notches record shale production
▼ + stars: | 2023-07-24 | by ( Pippa Stevens | ) 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 EmailChevron issues preliminary Q2 earnings results, notches record shale productionCNBC's Pippa Stevens joins 'Worldwide Exchange' to report on the company's quarterly earnings results.

Persons: Pippa Stevens Organizations: Chevron

☆ Top EU regulator defends mega $1.3 billion privacy fine on Meta: ‘I have to enforce the law’
▼ + stars: | 2023-05-24 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

A top European Union data privacy regulator on Wednesday defended a decision to hit Meta with a record-setting 1.2 billion euro ($1.3 billion) fine, saying that she had to enforce the law based on existing regulations. Meta on Monday was fined a record 1.2 billion euros ($1.3 billion) by the Irish Data Protection Commission for breaching the EU's tough rules on data privacy, known as the General Data Protection Regulation. GDPR is a landmark data protection regulation that governs firms in the bloc. She added, "This new agreement, called the European Data Privacy Framework, it's still pending. The Monday Meta fine is the largest to date since the EU's GDPR came into force.

Persons: Helen Dixon, —, Dixon, CNBC's, Meta, it's, GDPR, Arjun Kharpal Organizations: Data, Ireland, Meta, Irish Data Protection, General Data, Amazon, U.S, EU, European Court of Justice Locations: EU, Luxembourg, Ireland, U.S

☆ EV big rigs already make sense for half of the $4 trillion freight truck market, says Einride CEO
▼ + stars: | 2023-05-11 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +4 min

Swedish EV trucking startup Einride has been able to so far go toe-to-toe with Tesla and its Semi in attracting top corporate clients. "In the $4 trillion freight mobility space, between 40%-50% should be electric driven by the business case today," Falck said on CNBC's "Worldwide Exchange" in an interview on Thursday after his company ranked No. "In the near-term, of course, the business case for diesel becomes slightly better," Falck said in the April interview. In freight, unlike the consumer market, "it's not about range, it's about how to secure the business case," he said. Swedish electric vehicle maker Einride will supply two of its heavy-duty trucks to PepsiCo as part of an expansion into the U.K. Einride

☆ CNBC exclusive: UPS CEO Carol Tomé talks Q1 results, labor negotiations and AI
▼ + stars: | 2023-04-26 | 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 EmailCNBC exclusive: UPS CEO Carol Tomé talks Q1 results, labor negotiations and AIUPS CEO Carol Tomé sits down with Worldwide Exchange anchor Frank Holland after the company released first-quarter results. Tomé discussed the current demand environment, the impact of people returning to offices, the ongoing negotiations with the Teamsters labor union and AI.

☆ Frank Holland On How He Puts His Ambitions Into Action
▼ + stars: | 2023-04-12 | 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 EmailFrank Holland On How He Puts His Ambitions Into ActionWorldwide Exchange anchor Frank Holland shares how he went from watching CNBC to learn how to manage his finances to working for the network. He also explains how he puts his ambitions into action and why he is always thinking about the future.

☆ Virgin Orbit extends unpaid pause as Brown deal collapses, 'dynamic' talks continue
▼ + stars: | 2023-03-27 | by ( Michael Sheetz | ) www.cnbc.com time to read: +4 min

Virgin Orbit launches its LauncherOne rocket from the spaceport in Cornwall, marking the first ever orbital launch from the UK. (Photo by Matthew Horwood/Getty Images)Virgin Orbit is again extending its unpaid pause in operations to continue pursuing a lifeline investment, CEO Dan Hart told employees in a company-wide email. But discussions between Virgin Orbit and the Texas-based investor stalled and broke down late last week, a person familiar told CNBC. Virgin Orbit was spun out of Branson's Virgin Galactic in 2017 and counts the billionaire as its largest stakeholder, with 75% ownership. Mubadala, the Emirati sovereign wealth fund, holds the second-largest stake in Virgin Orbit, at 18%.

☆ New data from Mastercard shows continued consumer spending, retail sales up in February
▼ + stars: | 2023-03-09 | 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 EmailNew data from Mastercard shows continued consumer spending, retail sales up in FebruaryMastercard Economics Institute's Chief North American Economist Michelle Meyers gives Worldwide Exchange the first look at a new report on consumer spending.

☆ From 'completely broke' to anchoring CNBC's 'Last Call': Brian Sullivan knows the 'ups and downs' of money
▼ + stars: | 2023-03-08 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Rather, it comes from a lifelong drive for knowledge, stemming from a childhood where money was a huge issue for him and his family. "We moved from California to Virginia when I was starting high school for money reasons, which was: We didn't have any," Sullivan tells CNBC Make It. "My dad lost his job, and we were starting over — I mean completely broke, stuff in our car, driving across the country." "[There were times when] we had a little money and we didn't have any money. And we had a little money [again], then we didn't have any money at all.

☆ Super Bowl and sports gambling: The push for responsible gaming
▼ + 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 EmailSuper Bowl and sports gambling: The push for responsible gamingCNBC's Contessa Brewer joins "Worldwide Exchange" to report on rising concerns over problem gambling ahead of Super Bowl 57 and amid the rise of legal sports betting.

☆ CNBC Names Successor to Shepard Smith’s Show, Shakes Up Lineup
▼ + stars: | 2023-01-27 | by ( Will Feuer | ) www.wsj.com time to read: 1 min

KC Sullivan took over as president of CNBC in September. CNBC named a new show to succeed “The News With Shepard Smith” in a broad programming shake-up as president KC Sullivan puts his stamp on the network. CNBC, a unit of Comcast Corp.’s NBCUniversal, will replace the 7 p.m. show with “Last Call,” anchored by Brian Sullivan, according to a memo to staff on Thursday. The show, which will explore “the intersection of money, culture and policy” comes after CNBC canceled Mr. Smith’s 7 p.m. general-interest show in a bid to focus more on business-news coverage. Mr. Sullivan previously anchored “Worldwide Exchange” at 5 a.m.

☆ Brian Sullivan's RBI: The great inflation debate among political parties
▼ + stars: | 2023-01-12 | 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 EmailBrian Sullivan's RBI: The great inflation debate among political partiesBrian Sullivan's daily RBI segment on Worldwide Exchange focuses on the differing views on inflation by political party.

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