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☆ Why Palo Alto Networks hitting $100 billion in market value is just the beginning
▼ + stars: | 2023-12-29 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

Palo Alto Networks this month became the first cybersecurity company to eclipse $100 billion in market value. Palo Alto is the "winner and new champion of cybersecurity," Jim Cramer said recently. Shares of Palo Alto have more than doubled in price throughout 2023, up a whopping 116%. Although AI is not a core part of the Club's investment thesis for Palo Alto, we like management's progress in this fast-growing business. Arora Nikesh, Palo Alto Networks CEO & Chairman at the WEF in Davos, Switzerland on May 23rd, 2022.

Persons: Nikesh Arora, Jim Cramer, Arora, Jim, billings, Morgan Stanley, Jim Cramer's, Arora Nikesh, Adam Galica Organizations: Palo Alto Networks, Federal, Palo, The Securities, Exchange Commission, Operations Centers, CNBC Locations: Palo, cybersecurity, Palo Alto, Alto, Davos, Switzerland

☆ A tech-heavy portfolio can be still considered diversified. Here's how we think about it
▼ + stars: | 2023-12-24 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

– Thank you, Cathryn, San Francisco We certainly understand and agree it's becoming increasingly difficult to maintain a diversified portfolio that's not dominated by technology stocks. There are also what many investors would think of as tech companies in S & P 500 Communication Services , at an 8.6% weighting. After all, we would say Meta, Alphabet and Amazon are as much tech companies as Apple or Microsoft, with all three considered leaders in artificial intelligence. These are industrial technology companies, not the industrial companies of old. So, using some of the examples provided in the question: Yes, Microsoft and Apple are both considered Information Technology companies.

Persons: Jim Cramer, it's, didn't, We've, they're, Jim Cramer's, Jim Organizations: Technology, Nvidia, Apple, Broadcom, Microsoft, Palo Alto Networks, Communication, Honeywell, Eaton, Web Services, Google, Jim Cramer's Charitable, CNBC Locations: San Francisco

☆ Here’s a rapid-fire update on all 33 stocks in our portfolio, including those Cramer would buy on dips
▼ + stars: | 2023-12-19 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +14 min

Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. If we get a sell-off in January, Eaton is a logical place to look to buy, Jim said. Procter & Gamble : It's possible that 2024 is a better year for P & G the company than P & G the stock, Jim said. 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: Jim Cramer's, Jim, they'll, we've, there's, he'd, Dupont De, Ed Breen, Danaher, Walt Disney, Bob Iger, Trian's Nelson Peltz, Estee Lauder, Bausch, we're, Eaton, Mary, Eli Lilly's, he's, Vimal Kapur, Kapur, We've, Eli Lilly, Mark Zuckerberg, Morgan Stanley, Morgan, Elliott, Stanley Black, Decker, TJ Maxx, Charlie Scharf, it's, Jim Cramer, Virginia Sherwood Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Broadcom, VMWare, Bausch, Bausch Health, Charitable Trust, Caterpillar, Federal, Costco Wholesale, Coterra Energy, Dupont De Nemours, Fed, Walt, Eaton Corporation, Ford, GE Healthcare, Google, Honeywell, New, Facebook, Meta, Reality Labs, Microsoft, Activision Blizzard, Nvidia, AMD, Apple, Palo Alto Networks, Procter & Gamble, Constellation Brands, Elliott Management, Constellation, Modelo, Corona, Street, TJX, TJ, Wynn Resorts, Jim Cramer's Charitable, NYSE Locations: hospitalizations, China, U.S, Palestine, Wells Fargo

☆ We're increasing our price targets on 5 stocks and changing our rating on one of them
▼ + stars: | 2023-12-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

The Club on Friday is changing the rating and price target on one of our favorite semiconductor stocks, while updating the price targets on four other names in the portfolio to reflect recent earnings, new internal developments and broader economic forces. We're increasing our price target on Broadcom to $1,200 a share, up from $1,000 to reflect the strong quarter it reported last week. We are increasing our price target on Costco Wholesale to $680 a share, up from $630. We are increasing our price target on Palo Alto Networks to $320 a share, up from $300. The move comes after raising our price target earlier in the month to $300, from $280.

Persons: It's, Carrier, Wells Fargo, Wells, Jim Cramer's, Jim Cramer, Jim, Brent Lewin Organizations: Broadcom, VMware, Costco, Costco Wholesale, Honeywell, U.S, Palo Alto Networks, Federal, CNBC, Apple, Bloomberg, Getty Locations: Palo, Wells, Wells Fargo, PANW

☆ Here are 7 portfolio stocks that can benefit from bigger tech budgets in the age of AI
▼ + stars: | 2023-12-12 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

In aggregate, the survey results point to a 60 to 70 basis point acceleration for IT spending growth in each of the next three years, with cloud spending growth much stronger at 150 to 300 basis points. Cloud and AI A rebound in cloud growth is expected thanks in large part the renewed focus and need to invest in artificial intelligence. In fact, 73% of the CIO respondents said they are "implementing now, plan to implement, or are testing generative AI." 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: Piper Sandler's, Piper, OpenAI, Einstein, Jim Cramer, Jim Cramer's, Jim, Chino Organizations: Microsoft, Web Services, Google, IBM, Oracle, Nvidia, Piper, Broadcom, Marvell Technology, VMWare, Cybersecurity, Palo Alto Networks, Broadcom —, CNBC Locations: Silicon Valley, America

☆ How every Club stock performed over the past 10 Decembers, a historically strong month
▼ + stars: | 2023-12-05 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

After closing at its highest level of 2023 on Friday , the first day of December, the S & P 500 fell Monday. A mixed picture is revealed when looking at how every Club stock has performed in December over the past decade. The best-performing Club stock over the past 10 Decembers is Broadcom (AVGO), which has an average gain of 7.1% in the month. Salesforce (CRM) is the worst-performing Club stock in December over the past decade, falling 4.53% on average in the month. Amazon (AMZN), Coterra Energy (CTRA) and Costco (COST) round out the bottom five December performers over the past decade.

Persons: Sam Stovall, Santa Claus, hasn't, It's, Thursday's, Estee Lauder, Eli Lilly, —, Jim Cramer's, Jim Cramer, Jim, Tayfun Organizations: GE Healthcare, Broadcom, Procter & Gamble, Wynn Resorts, WYNN, Salesforce, Ford, Palo Alto Networks, Coterra Energy, Costco, Amazon, Caterpillar, Jim Cramer's Charitable, CNBC, Wall, York Stock Exchange, Financial, Anadolu Agency, Getty Locations: Santa, Broad St, New York City, United States

☆ Cramer's Lightning Round: Crocs is 'too dicey'
▼ + stars: | 2023-12-05 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Weyerhaeuser's year-to-date stock performance. Stock Chart Icon Stock chart icon RadNet's year-to-date stock performance. Stock Chart Icon Stock chart icon Stellantis' year-to-date stock performance. Stock Chart Icon Stock chart icon Crocs' year-to-date stock performance. Stock Chart Icon Stock chart icon Masimo's year-to-date stock performance.

Persons: Wes Edens, NextEra, Berger, Stellantis, Crocs, I'm Organizations: Weyerhaeuser, Theft, New Fortress Energy, NextEra, American Electric Power, Apple Locations: Palo Alto

☆ Youth suicide rates rose 62% from 2007 to 2021: 'People feel hopeless,' one recent grad says
▼ + stars: | 2023-12-05 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +9 min

Last year, suicide rates in the U.S. were the highest they had been since 1941, according to data from the Centers for Disease Control and Prevention. From 2007 through 2021, suicide rates for Americans ages 10 to 24 rose 62%, according to the CDC. Young people don't think they can make 'a significant difference'Financial instability has proven to be a large contributing factor in youth suicide. In 2014 and 2015, suicide rates at the Massachusetts Institute of Technology surpassed the national average, which was about 13 deaths per year, according to CDC data. Easier access to guns is linked to increased suicide rates, as well, as gun suicides reached an all-time high in 2022, according to CDC data.

Persons: Young, Katie Meyer, Ian Alexander Jr, Regina King, Ellis Lariviere, Mariana Fabiana, —, Fabiana, Gen Z, ideation, Michele Berk, Berk, Bessel, Van der Kolk, Gen, Carl Fleischer, Fleischer, Nate Bronstein, it's, It's, Carl Fleisher, Jennifer Breheny Wallace, Wallace Organizations: Stanford University, Centers for Disease Control, North Carolina State University, Columbia University, Massachusetts Institute of Technology, MIT, CDC, Boston Child Study, Facebook, Harvard, Yale University, University of California Locations: Brooklyn , New York, U.S, Palo Alto , California, Los Angeles, Chicago

Grimes alleged Elon Musk spent less than half his time in 2023 in Texas, in recent legal filings. Musk still spends two to three days a week in California, Grimes alleged. AdvertisementElon Musk — who moved Tesla's headquarters from California to Texas in 2021— has been spending less than half his time in the Lone Star State, Grimes alleged in recent legal documents. Musk quietly sued Grimes in Texas court in September to establish a "parent-child" relationship with the kids. While Grimes has said the child was with Musk in Texas over her objection, the details around the arrangement, and how she responded, are unclear.

Persons: Grimes, Elon Musk, Musk, —, Elon, Claire Boucher, X, Christopher Melcher, Walzer Melcher, Tesla, Peter Walzer Organizations: Service, Lone Star State, Tau, Business, Musk, Street Journal, Montessori, Twitter, SpaceX Locations: Texas, California, Austin , Texas, Austin, Hawthorne , California, Brownsville , Texas, Bay Area . Texas, Starbase, SpaceX's, Boca Chica , Texas, Snailbrook, Boring, Bastrop , Texas, State, San Francisco, Palo Alto

☆ This Cookbook Author Didn’t Want Any Old Kitchen. It Needed to be the Centerpiece.
▼ + stars: | 2023-12-04 | by ( Nancy Keates | Photographs Liz Kuball For The Wall Street Journal | ) www.wsj.com time to read: 1 min

There are a lot of differences between Portland Ore., and Palo Alto, Calif.: the weather, size, topography and cost of living, to name just a few. For Michelle Tam, food blogger, home chef and author of three cookbooks, the difference that mattered most was the food scene. In Palo Alto, where Tam has lived since 2006, “people aren’t as focused on food,” she says. In Portland, where she just moved into a newly built, modern second home, she says not only is there a vast array of restaurants across the whole city, but even the food carts are great. “It’s really easy to find any kind of food here,” she says.

Persons: Michelle Tam, Tam, “, ” Organizations: Portland Locations: Palo Alto, Calif, Portland

☆ Morgan Stanley says this cybersecurity stock has further to go after becoming first in industry with $100 billion market value
▼ + stars: | 2023-12-04 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Morgan Stanley thinks Palo Alto Networks will be the leader in artificial intelligence-driven security platforms, eventually propelling it far past its peers. Palo Alto Networks on Friday approached $300 a share, becoming the first cybersecurity company to surpass $100 billion in market capitalization, the investment bank said. Morgan Stanley rates Palo Also overweight and has a $304 price target on the stock, but the most bullish case says the stock is worth $350. Palo Alto Networks' growth is a significant milestone for the security industry, according to Fodderwala. Correction: Cortex XSIAM is a security platform from Palo Alto Networks.

Persons: Morgan Stanley, Hamza Fodderwala, Fodderwala, CNBC's Michael Bloom Organizations: Networks, Alto Networks, Palo Alto Networks Locations: Palo, billings

☆ Cramer says stick with high quality stocks as the market rotates into lower quality names
▼ + stars: | 2023-12-04 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

But chasing lower quality stocks is not a great long-term strategy. That's why we look to buy high quality companies when they are put on sale. 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, Jim, Estee Lauder, hasn't, Jim Cramer's Organizations: CNBC, Federal Reserve, Microsoft, Palo Alto Networks, Nike, Jim Cramer's Charitable Locations: Palo

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Amazon, GM, Uber, Carvana, Nike, Palo Alto & more
▼ + stars: | 2023-12-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Wells Fargo downgrades Lululemon to equal weight from overweight Wells said in its downgrade of the stock that it sees less balanced risk/reward. Morgan Stanley downgrades Sea Limited to equal weight from overweight Morgan Stanley downgraded the Singapore-based tech conglomerate until its business outlook is clearer. Morgan Stanley upgrades Insulet to overweight from equal weight Morgan Stanley initiated the insulin pump therapy company and said it sees room for further gains. Wells Fargo reiterates Nike as overweight Wells says Nike is a top defensive pick for 2024. Morgan Stanley reiterates Palo Alto as overweight Morgan Stanley said Palo Alto shares have the poten tial to rise further.

Persons: Morgan Stanley, Mizuho, Wells, LULU, Roth, Evercore, Piper Sandler, Piper, NVDA, Goldman Sachs, Goldman, it's bullish, KeyBanc, Worthington Enterprises –, TD Cowen, Coinbase, underperform TD Cowen, Oppenheimer, Uber, Truist, Herc, Palo Organizations: West Bancorp, Bank of America, Union Pacific, US Bancorp, Motors, Mizuho, GM, UAW, UBS, Apple, Deutsche Bank downgrades Anheuser Busch InBev, Deutsche, Deutsche Bank, Airlines, Alaska, " Bank of America, Google, Walmart, Nvidia, AMD, European Partners, Coke, JPMorgan, of America, Magellan, MMP, Arrowhead Pharmaceuticals, Arrowhead Pharma, Worthington Steel, Worthington Industries, Worthington Enterprises, Barclays, Resources, Herc Holdings, United Rentals, Nike, Palo Alto, Palo Locations: China, Singapore, Indonesia

☆ Stocks making the biggest moves midday: Spotify, Virgin Galactic, Lululemon and more
▼ + stars: | 2023-12-04 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Lululemon — Shares declined 2% after Wells Fargo downgraded the athleisure company to equal weight from overweight. The firm said Lululemon's prior positive catalysts have already played out, and it forecasts more muted growth in 2024. Spotify — Shares added 8.8% after the music streaming company announced it would lay off 17% of its workforce. The three stocks will replace Sealed Air , Alaska Air Group and SolarEdge Technologies . Virgin Galactic — Shares of the space company plunged nearly 15%.

Persons: Wells, MicroStrategy, Dow, FirstSource, Richard Branson, Branson, KeyBanc, Carvana, Morgan Stanley, — CNBC's Hakyung Kim, Jesse Pound, Alex Harring, Samantha Subin, Yun Li, Lisa Kailai Han, Sarah Min, Michelle Fox Organizations: Marathon, Spotify, Technologies, Uber Technologies, Dow Jones, Builders, Alaska Air Group, SolarEdge Technologies, Galactic —, Financial, United, JPMorgan, Alaska Air Group —, Hawaiian Airlines, Alaska Air, Hawaiian Holdings, General Motors, Cadillac, Chevrolet, Mizuho Securities, United Auto Workers, Palo Alto, Palo Alto Network Locations: MicroStrategy, British, Seattle, Palo

☆ Why investors should stick with Palo Alto Networks long term
▼ + stars: | 2023-12-04 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. 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. 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, Emerson, We're, Morgan Stanley, Jim Cramer's, Jim Organizations: CNBC, Big Tech, Nasdaq, Labor, Treasury, West Texas, Emerson, National Instruments, Club, Palo Alto Networks Locations: Friday's, Eaton, pullbacks

☆ Here are JPMorgan’s top stock picks heading into December
▼ + stars: | 2023-12-01 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

JPMorgan Chase added a key information security stock to its list of favorite stock picks for December and parted with three names, including HP , from November . The firm added CyberArk to its Analyst Focus List, as well as biopharmaceutical firm Cytokinetics . The JPMorgan list covers its best stock ideas that fit into three categories: growth, value and short investment ideas. Here are some of the other top picks on the JPMorgan list. CYBR YTD mountain CyberArk stock.

Persons: JPMorgan Chase, Nicholas Rosato Jr, Rosato, — CNBC's Michael Bloom Organizations: JPMorgan, HP, Palo Alto Networks, North

☆ These 10 stocks notched double-digit gains and outperformed the market in November
▼ + stars: | 2023-12-01 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

FL YTD mountain Foot Locker (FL) performance year-to-date Foot Locker (FL) climbed 28.3% during November, making it the Club's No. Foot Locker stock, down more than 26% year-to-date, closed 1.4% lower Thursday, at just under $27.28 apiece. CRM YTD mountain Salesforce (CRM) performance year-to-date Salesforce (CRM) shares jumped 25.4% in November, coming in second place for monthly gains. NVDA YTD mountain Nvidia (NVDA) performance year-to-date Nvidia (NVDA) — an "own it, don't trade it" name — was the portfolio's fifth-best performer in November. WFC YTD mountain Wells Fargo (WFC) performance year-to-date Shares of Wells Fargo (WFC) jumped 12.07% in November, as the broader market rally lifted financials.

Persons: Jim Cramer, Mary Dillon's, Locker, Palo, CrowdStrike, We're bullish, —, Wall, Walt Disney, Nelson Peltz's, Wells, Morgan Stanley, Sam Altman, OpenAI, Altman, Jim Cramer's, Jim, Michael M Organizations: —, Palo Alto Networks, Palo Alto, Management, Nvidia, DIS, Walt Disney, Disney, Oracle, Microsoft, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: FL, Palo, Palo Alto, Wells, Wells Fargo, OpenAI, DHR

☆ We're updating price targets for 6 stocks and changing our rating for Palo Alto
▼ + stars: | 2023-12-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

The Club on Friday is changing the rating and price target on one of our favorite stocks, and updating the price targets on 5 other names in the portfolio to reflect recent quarterly earnings reports, new developments at the companies and broader economic forces. We're increasing our price target on shares of Palo Alto (PANW) to $300 from $280. We're raising our price target on shares of Salesforce (CRM) to $275 from $240. We're lowering our price target for Ford (F) stock to $13 from $16. We're lifting our price target on shares of Eli Lilly (LLY) to $630 from $600.

Persons: PANW, Ford, Linde's, Linde, Eli Lilly, it's, It's, Jim Cramer's, Jim Cramer, Jim Organizations: Palo, Palo Alto Networks, Costco, Ford, UAW, Management, Motors, GM, Linde, LIN, P Healthcare, donanemab, Novo Nordisk, Pfizer, CNBC Locations: Alzheimer's, Lilly, Santa Clara , California

☆ Leaked all-hands: Broadcom CEO tells employees living within 50 miles of an office to 'get your butt in here'
▼ + stars: | 2023-11-30 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +1 min

Hock Tan, the CEO of Broadcom, said in an all-hands meeting Tuesday that he expects employees living within 50 miles of an office to return to in-person work. One submitted question was: "What can you tell me about headquarters, office locations, and remote work?" "Any other exception, you better learn how to walk on water if you want to work remote," Tan said at the meeting. Broadcom laid off some VMware employees earlier this week, BI first reported. Before the acquisition closing, Tan was already telling VMware employees that he expected them to return to the office.

Persons: Hock Tan, Tan Organizations: Broadcom, VMware, Business Locations: Palo Alto , California, Palo Alto

☆ One identical twin went vegan while the other didn’t. See what happened
▼ + stars: | 2023-11-30 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

A vegan diet differs from a vegetarian diet in that it eliminates not only animal flesh but dairy, eggs or any other ingredient derived from animals. In each pair, one twin was assigned a vegan diet, while the other was assigned an omnivore diet. “I feel like a lot of people who do a vegan diet think ‘Oh great, soda is vegan. Cutting back on eating meat and animal byproducts can be done slowly, bit by bit. Harvard’s Hu agreed: “While this study showed a vegan diet may provide additional advantages compared to a healthy omnivorous diet, it does not mean that everyone should become a vegan or vegetarian.

Persons: ”, Christopher Gardner, Gardner, “, ” Alice Lichtenstein, Frank Hu, ” Hu, ” Gardner, “ I’m, quinoa, there’s, Harvard’s Hu Organizations: CNN, Stanford Prevention Research Center, Nutrition Studies Research, Stanford, Tufts University’s Cardiovascular Nutrition Laboratory, Harvard, of Public Health, JAMA Locations: Palo Alto , California, Chan, Boston, Brussels, Yukon

☆ Palo Alto Networks reaches a big milestone, and it's Jim Cramer's top cybersecurity stock
▼ + stars: | 2023-11-30 | by ( Morgan Chittum | ) www.cnbc.com time to read: 1 min

CNBC's Jim Cramer on Thursday named Palo Alto Networks (PANW) his top cybersecurity stock pick after the company became the first in its group to reach a $100 billion market cap. If you like this story, sign up for Jim Cramer's Top 10 Morning Thoughts on the Market email newsletter for free. "The winner and new champion of cybersecurity may actually be Palo Alto," Cramer said during "Squawk on the Street," citing the milestone that was a goal of management.

Persons: CNBC's Jim Cramer, Jim Cramer's, Cramer Organizations: Palo Alto Networks Locations: Palo

☆ Broadcom CEO Hock Tan plans to consolidate teams at VMware: 'I don't need two sales organizations'
▼ + stars: | 2023-11-30 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +2 min

Broadcom CEO Hock Tan plans to consolidate some teams at VMware following his blockbuster acquisition of the cloud software provider. He said Broadcom plans to consolidate offices and teams at VMware, particularly those in sales, HR, and finance, according to a recording of the meeting reviewed by Business Insider. "Broadcom has a software group that sells to many of the same customers VMware sells to," Tan said at the meeting. Already, Broadcom has started laying off VMware employees, BI first reported. Besides consolidating teams and laying off employees, Broadcom is looking into strategic alternatives for its End-User Computing and Carbon Black units, Tan said in an email last week.

Persons: Hock Tan, Tan Organizations: Broadcom, VMware, Business, San Francisco Bay Area, San Francisco Chronicle Locations: San Francisco Bay, Palo Alto

☆ Parents who raised highly successful children say you need to do these 3 things
▼ + stars: | 2023-11-29 | by ( Kristina Puga | ) www.businessinsider.com time to read: +5 min

They also advised modeling hard work and integrity. Three parents whose kids grew up to be impressive adults say parents should do three things to raise successful children. 1 goal was to teach them to believe in themselves, and I started that when they were born," Wojcicki told Business Insider. Martinez said she had her sons work as early as 7 years old, even if just for a few hours. She said they worked the coat check at her restaurant because she wanted them to learn the value of hard work and independence.

Persons: who've, —, Esther Wojcicki, Susan, Anne, Janet, Wojcicki, Mister Rogers, Zarela Martinez, Aarón Sánchez, Martinez, Ana, who'd, Pico Rivera, Cristian, Alex, César Jr, Roldán, childhoods Organizations: Service, Palo Alto High School Media Arts, YouTube, Business, Los Angeles ., Major League Soccer, Seattle Sounders, LA Galaxy Locations: New York, Guatemala, El Salvador, Pico, Los Angeles

☆ Fed's Bowman says she still expects another interest rate hike
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +3 min

U.S. Federal Reserve Governor Michelle Bowman poses at a conference on monetary policy at The Hoover Institution in Palo Alto, California, U.S., May 3, 2019. Earlier this month, the Fed kept its benchmark overnight lending rate unchanged in the 5.25%-5.50% range for the second consecutive policy meeting. However, Bowman has repeatedly been among a small minority of policymakers who have said they don't think the Fed's job is yet done. Likewise, some signs of interest rate insensitivity among businesses could dull the effects of tighter monetary policy and financial conditions on economic activity and inflation, Bowman said, and overall longer-term economic conditions might mean the Fed's policy rate may need to be higher than pre-pandemic norms. Earlier on Tuesday, Fed Governor Christopher Waller said he is "increasingly confident" the central bank's current policy setting will prove enough to return inflation to the Fed's target.

Persons: Michelle Bowman, Ann Saphir, Bowman, Jerome Powell, Christopher Waller, Lindsay Dunsmuir, Paul Simao Organizations: Federal, Hoover Institution, REUTES, Fed, Thomson Locations: Palo Alto , California, U.S, Salt Lake City , Utah

☆ Jim Cramer says buy Zscaler 'when the smoke clears' around its earnings report
▼ + stars: | 2023-11-28 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +1 min

The initial post-earnings decline in Zscaler (ZS) shares opened the door for investors to soon buy the cybersecurity stock, CNBC's Jim Cramer said Tuesday. "When the smoke clears ... go back in because cybersecurity is still the hottest area in the U.S. economy," Cramer said on "Squawk on the Street." Shares of Zscaler were about flat around noon ET at $191 each, well off their lows earlier in the session. However, Cramer said investors were disappointed, in part, by a 37% quarter-over-quarter decline in total billings growth. For Zscaler, Cramer said he's also looking past the billings metrics and more focused on the long-term opportunity for the company because digital security threats remain abundant.

Persons: Jim Cramer, cybersecurity, Cramer, Jim Cramer's, he's Organizations: Palo Alto Networks, Trust, CNBC Locations: Zscaler, U.S, billings

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