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☆ Best energy and utility stocks to own for rest of year, according to UBS
▼ + stars: | 2024-05-31 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

In a Thursday note, analyst Josh Silverstein listed the firm's "most compelling" buy-rated stocks to own across the energy and utilities sectors, including Suncor Energy , Coterra Energy , SLB , NextEra Energy and First Solar . Energy and utilities sectors are faring well this year, gaining 12.5% and 8.9%, respectively, while the broader market has advanced about 9.3%. His $90 price target suggests shares could jump 15.1%. First Solar is another favorite of UBS, which assigned the stock a $350 price target that implies 26.5% upside. Other energy and utility favorites UBS named include Coterra and Suncor Energy .

Persons: Josh Silverstein, William Appicelli, Jon Windham, —, SLB Organizations: UBS, Suncor Energy, Coterra Energy, NextEra Energy, . Energy, Big Tech Locations: Schlumberger

☆ As TikTok layoffs hit, let-go staffers reflect on what one described as an 'abrupt end to a very chaotic ride'
▼ + stars: | 2024-05-30 | by ( Shriya Bhattacharya | Dan Whateley | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "I'm just really disappointed," one laid-off TikTok employee told Business Insider. This story is available exclusively to Business Insider subscribers. AdvertisementA second let-go employee who had worked at the company amid political attacks and business-strategy shifts described the layoffs as "an abrupt end to a very chaotic ride." AdvertisementLet-go TikTok staffers wondered, why now?

Persons: —, I'm, Adam Presser, Zenia Mucha, Pappas, Presser, Mucha, ByteDance, TikTok Organizations: Service, Business, Big Tech, Google Locations: Brazil, France

☆ Big Tech's valuations are 'quite full' but reasonable, says Barclay's Venu Krishna
▼ + stars: | 2024-05-30 | 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 EmailBig Tech's valuations are 'quite full' but reasonable, says Barclay's Venu KrishnaVenu Krishna, Barclays head of U.S. equity, joins 'Squawk on the Street' to discuss why valuations look 'pretty full', if there's downside risk to Krishna's year-end target, and what it all means for asset allocation.

Persons: Barclay's Venu Krishna Venu Krishna Organizations: Barclays

☆ A wave of AI 'acquihires' is coming. Here's who could be looking for deals.
▼ + stars: | 2024-05-30 | by ( Rebecca Torrence | Riddhi Kanetkar | ) www.businessinsider.com time to read: +8 min

But the tech giant's play underscores the market's demand for tech talent — and venture capitalists expect a wave of "acquihires" to hit the AI ecosystem later this year. M&A dealmaking among AI startups is already off to a strong start this year, with 55 exits recorded in Q1 of 2024, per Crunchbase data. AdvertisementThe majority of AI startups are overpriced, said Konstantin Vinogradov, general partner at Runa Capital. AI startups with revenue in the single-digit millions that raised money at unicorn valuations, Dash said, might not even have that option. Those deals don't make sense for buyers, he said, which could lead Big Tech companies or other AI startups to poach their talent instead.

Persons: —, Inflection's, Ayangar, Konstantin Vinogradov, Somesh Dash, overshadowing, Shmuel Chafets, Sivesh Sivakumar, Shaun Johnson, Naveen Rao, Sivakumar, Johnson, PhotoRoom, Aravind Srinivas, Mike Smeed, Chafets, Dash, they'll Organizations: Service, Microsoft, Business, Investors, Runa, Big Tech, Apple, Target, Ventures, Accenture, Boston Consulting Group, Intuit, Nike, American Express, Safeway, InMotion Ventures, Disney, Netflix Locations: OpenOcean, Snowflake, Databricks

☆ The small-cap slump is getting historically long. Here's what needs to change for a rebound
▼ + stars: | 2024-05-30 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +6 min

"With yields holding firm at elevated levels , large caps continue to outperform small caps. Hopes for multiple rate cuts from the Federal Reserve this year have dimmed after recent inflation readings showed signs of stickiness. An economy that is growing more slowly, but with cooler inflation, could be the combination small caps need. Small caps could also benefit from an uptick in the global economy that benefits areas like manufacturing that has heavy representation in the small-cap index. Investors who really want exposure to small caps could also look outside of the U.S. Wolfe Research analyst Rob Ginsberg said in a May 29 note to clients that global small caps are outperforming their U.S. counterparts and are poised for a potential breakout.

Persons: Russell, Todd Sohn, JC O'Hara, Roth MKM, Chad Miller, you've, Miller, Cayla, Seder, Mark Haefele, Solita, Angelo Kourkafas, Edward Jones, Rob Ginsberg, — CNBC's Michael Bloom Organizations: CNBC, ESG, Silicon Valley Bank, Federal Reserve, Big Tech, Companies, UBS, Institute, Supply, PMI, Investors, U.S . Wolfe Research Locations: Thrivent, Silicon

☆ Big Tech is cozying up to Argentina's firebrand president as it sets its sights on the country's 'white gold'
▼ + stars: | 2024-05-29 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

Argentina's President Javier Milei is in the US to meet with leaders of the world's biggest tech companies. Tim Cook, Mark Zuckerberg, Sundar Pichai, and Elon Musk have all agreed to meet with him, his spokesman said. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Milei's schedule includes private meetings with three of tech's biggest names: Google CEO Sundar Pichai, Apple boss Tim Cook, and Meta founder Mark Zuckerberg.

Persons: Javier Milei, Tim Cook, Mark Zuckerberg, Sundar Pichai, Elon Musk, —, Joe Biden, he's Organizations: Service, Business Locations: West, Silicon Valley

☆ CNBC Pro Talks: Beyond Nvidia: Outperforming fund manager reveals the top AI stocks to buy
▼ + stars: | 2024-05-29 | 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 Pro Talks: Beyond Nvidia: Outperforming fund manager reveals the top AI stocks to buyClare Pleydell-Bouverie, who co-manages Liontrust Asset Management’s global tech, innovation and dividend funds, revealed her favorite ways to play the themes of artificial intelligence, Big Tech and more.

Persons: Clare Pleydell Organizations: Big Tech

☆ I left my career in Big Tech and $300,000 a year to work for myself. I no longer have anxiety and am so much happier.
▼ + stars: | 2024-05-29 | by ( Robin Madell | ) www.businessinsider.com time to read: +6 min

I always wanted to work in Big Tech, and when I graduated from college, I made it happen. Working in Big Tech has lots of perksI loved learning how each of these big companies operated. Related storiesI realized I was just making big companies more money. The people around me would only talk about other tech companies and tech advancements and only hang out with other tech workers. Since leaving Big Tech, I feel like a new personI'm so much happier now.

Persons: —, Jean Kang, who's, It's, Pinterest, overdeliver, I'm, I'd, hustles, I've, would've Organizations: Service, Meta, Intuit, LinkedIn, Big Tech, Business, Big Locations: San Francisco, Big, Big Tech, Japan, Korea

☆ I quit my Big Tech dream job to work for myself. I loved the perks and the 6-figure salary, but the hustle culture wasn't worth it.
▼ + stars: | 2024-05-29 | by ( Robin Madell | ) www.businessinsider.com time to read: +6 min

☆ Publishers and advertisers demand that Apple's Tim Cook stop the rollout of an anticipated 'web eraser' tool over fears it'll hobble web advertising
▼ + stars: | 2024-05-29 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +6 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The French group of trade associations fears that Apple's web eraser could represent another example of Big Tech implementing disruptive changes over which media and advertising companies have no control. Apple generates advertising and subscription revenue from its Apple News service, though it makes the majority of its ad revenue from search ads within the Apple App Store. A spokesperson for the NMA said the organization hadn't heard back from Apple since it sent the letter on May 10.

Persons: —, Tim Cook, Apple's Cook, Thierry Breton, Apple, NMA, hadn't Organizations: Service, Apple, Business, Safari, Alliance, SRI, Union des Marques, Big Tech, Google, Facebook, Publishers, Apple News, French Competition Authority, Europe's, UK's News Media Association, Daily Mail, Guardian Locations: France, Europe, Germany

☆ Hedge funds have never been more long the Magnificent 7 stocks, exceeding last summer's peak exposure
▼ + stars: | 2024-05-29 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Hedge funds are still leaning into the "Magnificent Seven" trade even with the broader stock market indexes recently hitting record highs. A May 24 note from the Goldman Sachs prime brokerage said that the Big Tech exposure at hedge funds reached a new high last week. The rising exposure is caused by both trading activity and higher share prices for the Big Tech stocks, particularly Nvidia . Net flows into the Magnificent Seven stocks have been positive in May, according to the Goldman prime brokerage data, though last week was more neutral. The five biggest stocks in the S & P 500 — all of which are members of the Magnificient 7 — account for roughly 27% of the S & P 500, according to Strategas Research Partners.

Persons: Goldman, Goldman Sachs, — CNBC's Michael Bloom Organizations: Goldman Sachs, Big Tech, Apple, Microsoft, Nvidia, Tesla, Goldman, Bloomberg News, Strategas Research Partners

☆ Nvidia stock has 258% upside as its 'impenetrable moat' will propel it to a $10 trillion valuation by 2030, tech analyst says
▼ + stars: | 2024-05-28 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

That's according to I/O Fund tech analyst Beth Kindig, who said Nvidia has a massive moat around its business. Kindig said the next leg of growth for Nvidia will come from its CUDA software platform. AdvertisementNvidia stock will surge 258% from current levels and hit a $10 trillion market valuation by 2030, according to I/O Fund tech analyst Beth Kindig. This is very, very early for Nvidia," Kindig told CNBC on Tuesday. "The CUDA software platform is what developers learn on.

Persons: Beth Kindig, Kindig, —, Nvidia's, Blackwell, Kindig's, They're Organizations: Nvidia, Blackwell, Fund, Service, CNBC, AMD, Intel, Amazon

☆ CNBC Pro Talks: Beyond Nvidia: Outperforming fund manager to reveal the AI stocks to buy
▼ + stars: | 2024-05-28 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +2 min

As the hype surrounding artificial intelligence shows no signs of abating, one tech fund manager is set to reveal her top ways to play the AI theme. On Wednesday's Pro Talks, Pleydell-Bouverie — who co-manages Lionstrust's global tech, innovation and dividend funds — will name companies that are "selling the picks and shovels for AI" and are "already making money." Pleydell-Bouverie manages the Liontrust Global Innovation, Liontrust Global Dividend and Liontrust Global Technology funds. Over the year to the end of March, all three funds have beaten their benchmark indexes, with the Liontrust Global Technology Fund rising 51.9%, compared to the MSCI World Information Technology Index's 39.1%. Learn more from our previous Pro Talks: Should investors buy the dip in Lululemon?

Persons: Clare Pleydell, Bouverie —, Bouverie Organizations: Liontrust, Management, Big Tech, Tech, Liontrust Global Technology, Liontrust Global Technology Fund, Technology, CNBC, Nvidia Locations: London, Singapore

☆ Apple needs its big AI moment
▼ + stars: | 2024-05-24 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

That's made Apple's lack of a big generative AI announcement so far particularly noticeable. However, one big sign an announcement may be coming at WWDC was the unveiling of its M4 chip, which Apple described as an "outrageously powerful chip for AI." The CEO spoke of "big opportunities across our products" for generative AI and promised that Apple is "well positioned" to take on the space. "We think investors will take any generative AI announcement positively," Morningstar tech analyst William Kerwin said. We'd expect any new-gen AI announcement to see strong adoption when released."

Persons: —, they've, chatbot, That's, Dan Ives, Apple, Tim Cook, William Kerwin, Morningstar, Gene Munster, OpenAI, Siri, Ives, Deepwater's Munster, Kerwin Organizations: Service, Developers Conference, Microsoft, Google, Business, Wedbush Securities, Apple, iPad, Morningstar, Deepwater Asset Management, Bloomberg Locations: Cupertino , California, WWDC

☆ Welcome to anti-office Fridays and quiet vacationing
▼ + stars: | 2024-05-24 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at the push for WFH Fridays and how that plays into the "quiet vacationing" phenomenon . The big storyAnti-office FridaysHector Roquet Rivero/Getty Images; Jenny Chang-Rodriguez/BIWith all due respect to summer Fridays, we've found a year-round replacement: WFH Fridays. But WFH Fridays' staying power remains to be seen. Which brings us back to WFH Fridays. The end result could be employers saying abuse of WFH Fridays means they need you back in the office… for good.

Persons: —, Hector Roquet Rivero, Jenny Chang, Rodriguez, we've, Insider's Juliana Kaplan, Noah Sheidlower, It's, Taiyou Nomachi, millennials, they've, BI's Kelsey Vlamis, haven't, it's, Momo Takahashi, Goldman Sachs, SEB Research, That's, Andrew Caballero, Reynolds, Isabel Fernandez, OpenAI, Scarlett Johansson, Sam Altman, Y Combinator, Tyler Le, Mark Cuban, Vivek Ramaswamy, Burger King, Dan DeFrancesco, Hallam Bullock, George Glover, Grace Lett, Laine Napoli Organizations: Service, Business, Workers, Companies, RBC Capital, Pujol, BI, Microsoft, Google, Bloomberg, Finance Ministers, Central Bank Governors Locations: Dublin, Germany, Meta, BuzzFeed, New York, London, Chicago

☆ Corporate America is going through a middle-management meltdown
▼ + stars: | 2024-05-23 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Middle managers are becoming an endangered species in Corporate America, with some companies viewing the role as obsolete , writes Business Insider's Lindsay Dodgson. Remote work, tech efficiencies, and a general push to cut costs have contributed to middle managers' demise. It's a strategy Corporate America, particularly Big Tech, deployed in 2023. The "year of efficiency," as Mark Zuckerberg dubbed it, was all about flattening organizations, and middle managers were the ones getting squished . The death of middle managers could also fuel the current dismantling of another cohort: the middle class .

Persons: —, Brooks Kraft, Insider's Lindsay Dodgson, millennials, Gen Zers haven't, Robyn Phelps, they're, Mark Zuckerberg, Gen, Jeffrey Gundlach, we're, Blackstone, Abanti Chowdhury, Jensen Huang, Hopper, Blackwell, Lilit, Tyler Le, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Brooks Kraft LLC, Getty, America, Big Tech, Citi, Street Journal, KKR, Meta, Google, Nvidia, Paragon Intel, National Association of Realtors, FAA Locations: Corporate America, millennials, New York, London

☆ Big Tech goes on AI charm offensive in Europe as regulators circle
▼ + stars: | 2024-05-23 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

It's worth noting that their comments come as the world's first major law governing AI, the EU's AI Act, was given the final greenlight. Meanwhile, European Commissioner Thierry Breton, a major architect of rules around Big Tech, is set to speak later in the week. Vogels, who is tasked with driving technology innovation within Amazon , said that AI can be used to "solve some of the world's hardest problems." Manyika said Google open-sourced its watermarking tech so that any developer can "build on it, improve on it." "I am concerned that there is potential for monopolies to emerge around Big Tech and AI," he said.

Persons: Rafael Henrique, Lightrocket, Werner Vogels, Society James Manyika, Thierry Breton, Vogels, Manyika, it's, Google's, Gemma AI, Emmanuel Macron, Eric Schmidt, Yann LeCun, Macron, Matt Calkins, Appian, Calkins Organizations: Getty, France —, Viva Tech, Amazon Chief, Google, Technology, Society, Regulators, Big Tech, European Union, Microsoft, Amazon, Meta, Elysee, CNBC Locations: PARIS, France, Paris, Jakarta, Indonesia, View , California, U.S

☆ Buying a piece of Nvidia is about to get a whole lot cheaper
▼ + stars: | 2024-05-23 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Read previewBuying a share of Nvidia is about to get a lot cheaper. The microchip maker announced a 10-for-1 stock split in its first-quarter earnings on Wednesday. Nvidia's management said the goal of the stock split was to "make stock ownership more accessible to employees and investors." Chipotle approved a 50-for-1 stock split in April, saying it would make its shares "more accessible to employees as well as a broader range of investors." AdvertisementHe did so because Berkshire was acquiring a railway company, and he wanted its shareholders to be able to easily exchange their shares for Berkshire shares in a tax-free swap.

Persons: —, Price, Elon Musk's Tesla, Warren Buffett, it's Organizations: Service, Nvidia, Business, Dow, Big Tech, Apple, Microsoft, EV, Berkshire Hathaway's, Berkshire, Burlington Northern Locations: Berkshire

☆ This ETF aims to capture China's own 'Magnificent Seven'
▼ + stars: | 2024-05-22 | by ( Emily Glass | ) www.cnbc.com time to read: +1 min

Roundhill Investments wants to mimic the success of its Magnificent Seven ETF (MAGS) in China. The firm's CEO Dave Mazza plans to launch the Lucky Eight ETF, which aims to be China's answer to the success of Wall Street's big tech stocks. "There's a lot of question marks about the Chinese economy and the potential for growth of the consumer in China," Mazza told CNBC's "ETF Edge" on Monday. Trading under the ticker "LCKY," the Lucky Eight ETF will include equal-weighted exposure to Tencent Holdings, Alibaba , Meituan , BYD , Xiaomi, PDD Holdings , JD.com and Baidu at launch. Pending SEC approval, the Lucky Eight ETF is set to launch this summer.

Persons: Dave Mazza, Wall, Mazza, CNBC's Organizations: Roundhill Investments, Tencent Holdings, PDD Holdings, JD.com, Baidu, SEC, CSI China Internet, Lucky Locations: China

☆ Wall Street worries about revenue 'round-tripping,' after big AI deals by cloud giants including Amazon and Google
▼ + stars: | 2024-05-22 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

These days, this may happen when a big tech company invests in an AI startup, and then that startup buys cloud and AI services from the big tech company. These arrangements are called "round tripping" because the money invested comes right back in the form of cloud spending. When Amazon Web Services invested $4 billion in Anthropic, the AI startup agreed to use AWS as its "primary cloud provider." In recent years, cloud spending growth has slowed as some customers try to save money in the midst of a lackluster economy with high inflation. An Amazon spokesperson declined to say whether AWS revenue numbers include cloud spending by Anthropic or not.

Persons: —, what's, Rishi Jaluria, GCP, Jaluria Organizations: Service, Business, Amazon Web Services, Google, Microsoft, OpenAI, Oracle, RBC Capital, RBC, Amazon Locations: Anthropic

☆ Meet the leaders of the Trump era's new conservative economic populism
▼ + stars: | 2024-05-22 | by ( Eamon Javers | ) www.cnbc.com time to read: +9 min

Drew Angerer | Getty ImagesThis reported column is Part Two of Eamon Javers' two-part series on the new, conservative economic populism gaining ground among Republicans close to former President Donald Trump. In Part One, Javers introduces readers to the new, conservative economic populism gaining ground among Republicans close to former President Donald Trump. Senator Republican Marco Rubio gives a speech at the Conservative Political Action Conference (CPAC) in Orlando, Florida, February 25, 2022. Cass counts among his allies several well respected conservative economic thinkers. "It's economic policy that emerges not from good economics, but from politics and the culture war and what your base wants," he said.

Persons: Vance, Sen, Josh Hawley, Drew Angerer, Eamon Javers, Donald Trump, Javers, WASHINGTON —, Trump, Sohrab Ahmari, Ahmari, Donald Trump's, –, We've, Oren Cass, —, Marco Rubio, Tom Cotton, Republican Marco Rubio, Octavio Jones, Cass, Robert Lighthizer, Lighthizer, James Pethokoukis, Pethokoukis, Joe Biden —, Biden, Kahn, Lina Kahn, Lina Khan, Tom Williams Organizations: Republican, U.S, Senate, GOP, Wall Street Journal, Security, African American, Trump coalition, National Labor Relations, American, Conservative Political, Reuters, CNBC, United States Trade, Trump, American Enterprise Institute, Democratic, Big Tech, Biden's Federal Trade Commission, Financial Services, General Government, Federal Trade Commission, Cq, Inc, Getty Locations: Ohio, Cuyahoga Falls , Ohio, America, Washington, Ukraine, Vance ( Ohio, Fla, Mo, Washington . U.S, Orlando , Florida, Biden's, Rayburn

☆ Sen. Josh Hawley is writing a new book calling for a religious revival in America
▼ + stars: | 2024-05-21 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +1 min

Josh Hawley is writing his fourth book — while running for a second term in the Senate. It's called "The Awakenings: The Religious Revivals that Made America—and Why We Need Another One." Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The Missouri Republican is working on a new book entitled "The Awakenings: The Religious Revivals that Made America — and Why We Need Another One," his publisher confirmed to Business Insider on Tuesday. This story is available exclusively to Business Insider subscribers.

Persons: Josh Hawley, It's, Theodore Roosevelt, —, Sen, Hawley Organizations: Big Tech, Service, Missouri Republican, Business Locations: Missouri

☆ Jamie Dimon is worried about how much the US is borrowing. Here’s why
▼ + stars: | 2024-05-21 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

New York CNN —Major business leaders and economists are worried about America’s growing debt problem. Last week, JPMorgan CEO Jamie Dimon expressed fear that a crisis is looming and that unchecked deficit spending could explode. The big picture: Between the Trump-era tax cuts and Covid-era stimulus programs, the national debt has exploded in recent years. Trump Media (DJT) reported a loss of $327.6 million during the first three months of the year, compared with a loss of $210,300 a year earlier. The company generated just $770,500 of revenue, marking the second-straight quarter where its revenue totaled less than $1 million.

Persons: Jamie Dimon, ”, ” Dimon, “, Ray Dalio, Columbia Business School Glenn Hubbard, Joe Biden’s, Jason Thomas, Carlyle, ” Thomas, Hanna Ziady, Liz Truss, Treasuries, Hubbard, Thomas, it’s, Donald Trump, Matt Egan, Devin Nunes, Martin Gruenberg, Elisabeth Buchwald, ” Gruenberg, Sen, Sherrod Brown, Gruenberg, He’s, Cleary Gottlieb Steen, Gruenberg’s, Gruenberg Organizations: CNN Business, Bell, New York CNN —, JPMorgan, Sky News, Financial, Columbia Business School, United, CNN, IMF, Congressional, Office, Peterson Foundation, Treasury, Trump Media, Trump Media & Technology Group, Truth Social, Company, Big Tech, ” Trump Media, Federal Deposit Insurance Corporation, Senate Banking Committee, FDIC, Hamilton Locations: New York, Bridgewater, United States, —, United, United Kingdom

☆ Lowe's CEO explains why the company is partnering with Big Tech
▼ + stars: | 2024-05-21 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Tuesday interview with CNBC's Jim Cramer, Lowe's CEO Marvin Ellison described the home improvement retailer's partnerships with Big Tech companies like Apple and Nvidia . Ellison said Lowe's offers a Chat GPT plug in that aims to better assist customers, adding that the company also has a program designed for Apple's Vision Pro. Lowe's peer Home Depot has also delved into the AI space by partnering with Alphabet . And like Home Depot, Lowe's is feeling the burden of high interest rates. "We're preparing to be at our best when the cycle turns up, and we know that's going to happen," he said.

Persons: CNBC's Jim Cramer, Marvin Ellison, We've, Ellison, Lowe's Organizations: Big Tech, Apple, Nvidia, Apple's Vision, Home Depot, Google

☆ I became a data analyst and grew my salary 5x without working in Big Tech. Non-tech companies offer more flexibility and less stress.
▼ + stars: | 2024-05-21 | by ( Charlotte Chaze | ) www.businessinsider.com time to read: +8 min

Landing a data analyst job helped me achieve the life I had dreamed ofI started looking at job boards and saw a ton of data analyst positions, with an average starting salary of around $70,000, in 2018. I don't feel that working in Big Tech is worth itWhen people think about working a tech job, many think of Big Tech companies like Tesla and Meta, which offer the highest salaries and have a certain air of prestige. Although they might not be quite as high as Big Tech roles, the salaries at non-tech companies can be super competitive, especially if you focus on non-tech companies in the Fortune 500. When you apply for tech jobs at non-tech companies, you're not competing against people who are trying to be the best in the world. AdvertisementI advise anyone hoping to land their first data analyst job at a non-tech company to start looking at their current job as an asset and find where it overlaps with data analyst jobs.

Persons: —, I'd, we're, Barry, Charlotte Chaze, Charlotte Chaze There's, you'll, Jane Zhang Organizations: Service, Business, Comcast, Disney, Big Tech, Kroger, & $ Locations: Philadelphia, Delaware, Catskills, Charlotte, El, Forest , Puerto Rico, janezhang@businessinsider.com

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