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Cadre Holdings CEO Warren Kanders sold $50.3 million worth of stock. Ares Management CEO Michael Arougheti sold $32.7 million worth of stock. Cadence Design Systems CEO Anirudh Devgan sold $14.7 million worth of stock. AppLovin CFO Herald Chen sold about $9.5 million worth of stock. Cleanspark CEO Zachary Bradford sold nearly $9 million worth of stock.

Persons: Michael Dell, Verity Data, Mark Zuckerberg, Chan Zuckerberg, Zuckerberg, Priscilla Chan, Warren Kanders, Kanders, Jayshree Ullal, Michael Arougheti, Sytse Sijbrandij, Sijbrandij, Anirudh Devgan, Aneel Zaman, Herald Chen, Zachary Bradford Organizations: Dell Technologies, Dell, DELL, Securities and Exchange Commission, Chan Zuckerberg Initiative, Facebook, Cadre, VerityData, Arista Networks, Ares Management, Cadence Design, Herald Locations: 10b5

☆ Tensions With Iran Add to Pakistan's Economic Challenges
▼ + stars: | 2024-01-18 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +3 min

Pakistan conducted strikes inside Iran, targeting separatist Baloch militants two days after Tehran said it had attacked the bases of another group within Pakistani territory. It is undergoing a tough $3 billion International Monetary Fund (IMF) bailout programme that pulled it from the brink of default last summer. Pakistan's international bonds fell after its foreign ministry said it conducted strikes inside Iran on Thursday, two days after Tehran attacked the bases of another group within Pakistani territory. Earlier in the day, Pakistan's benchmark share index fell 1.6% after Pakistan said it conducted strikes inside Iran, before recovering some ground. Pakistan's economic ties with Iran, while not huge, are important for Islamabad as it struggles to supply its western- most regions in Balochistan with critical commodities, including fuel and electricity.

Persons: Aneel Salman, Salman, Pakistan's, Hasnain Malik, Ariba Shahid, Karin Strohecker, Amanda Cooper, Bernadette Baum Organizations: Baloch, Monetary Fund, Liquified Petroleum Gas, Islamabad Policy Research Institute, Pipeline Locations: KARACHI, LONDON, Pakistan, Iran, Tehran, Tradeweb, Islamabad, Balochistan, Afghanistan, Russia, India, Karachi, London

☆ Atlassian sinks despite better-than-expected results and in-line forecast
▼ + stars: | 2023-11-02 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Atlassian shares plummeted 9% in extended trading Thursday despite better-than-expected earnings and revenue from the software maker and a forecast that met Wall Street's expectations. Atlassian's net loss widened to $31.9 million, or 12 cents per share, from $13.7 million, or 5 cents per share, a year earlier. The company said it had more than 265,000 customers at the end of the quarter, up from more than 260,000 in June. For the fiscal second quarter, Atlassian called for revenue between $1.01 billion and $1.03 billion. The guidance doesn't factor in impact from Loom, which should become part of Atlassian in the fiscal third quarter.

Persons: Atlassian, StreetAccount, Cameron Deatsch, Deatsch, Aneel Organizations: LSEG, and Data Locations: Atlassian

Brazil boosted clean electricity generation capacity by more than 35% from 2017 to 2022Solar power accounted for 6.8% of Brazil's electricity generation in 2023, up from about 4.2% in 2022, according to Ember. But overall power generation in key European economies such as Germany remains well below peaks seen around 2018-19, as power generators face shortages of key power fuels such as natural gas in the wake of Russia's invasion of Ukraine. In turn, restricted power output has kept energy costs elevated above long-term averages, which curbed consumption from energy-intensive industries and hobbled overall economic growth. The fact that Brazil's power sector has managed to overcome those challenges to create a world-leading clean power sector may offer counterparts in other regions clues on how to maintain growth rates. Brazil's new position as the cleanest major power sector may also help challenge assumptions that clean power expertise is concentrated in wealthier economies, and may widen the perspective of power sector developers who are trying to map out energy system expansion plans over coming years.

Persons: Sao Jose da Barra, Paulo Whitaker, Ember, Gavin Maguire, Robert Birsel Organizations: REUTERS, HYDRO, National Electric Energy Agency, Reuters, Thomson Locations: Furnas, Sao Jose, Minas Gerais, Central Brazil, BRAZIL, LITTLETON , Colorado, Brazil, France, Argentina, America, Europe, Germany, Ukraine, Asia

☆ AI is as important and disruptive as cloud software, says Workday Co-CEO Aneel Bhusri
▼ + stars: | 2023-09-28 | 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 EmailAI is as important and disruptive as cloud software, says Workday Co-CEO Aneel Bhusri'Mad Money' host Jim Cramer talks to the co-CEOs of Workday, Carl Eschenbach and Aneel Bhusri, to talks the stocks large drop, the companies annual users event, latest projections and more.

Persons: Aneel Bhusri, Jim Cramer, Carl Eschenbach, Aneel

☆ Workday's Co-CEOs talk Wall Street's response to its latest projections with Jim Cramer
▼ + stars: | 2023-09-28 | 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 EmailWorkday's Co-CEOs talk Wall Street's response to its latest projections with Jim Cramer'Mad Money' host Jim Cramer talks to the co-CEOs of Workday, Carl Eschenbach and Aneel Bhusri, to talks the stocks large drop, the companies annual users event, latest projections and more.

Persons: Jim Cramer, Carl Eschenbach, Aneel

☆ Jim Cramer says the slide in shares of enterprise cloud provider Workday may be an overreaction
▼ + stars: | 2023-09-28 | by ( Morgan Chittum | ) www.cnbc.com time to read: +1 min

Workday (WDAY) plunged on Thursday after management lowered its outlook for subscription revenue growth. Shares of the software company declined nearly 10%. Jim Cramer described the long-term forecast, which was released on Wednesday, as "worrisome" but said Workday's past fundamentals have been solid. "This company has been straight-shooting so maybe we can feel whether the stock's [move] is an overreaction," Jim said. The CNBC Investing Club does not own Workday but holds shares of Salesforce (CRM), another enterprise software giant.

Persons: Jim Cramer, Jim Cramer's, Jim, Carl Eschenbach, Aneel Organizations: BMO Capital, CNBC

☆ Workday CEO says AI is worth an upfront cost that 'we all just have to recognize'
▼ + stars: | 2023-09-28 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Co-CEOs of Workday , Aneel Bhusri and Carl Eschenbach, told CNBC's Jim Cramer artificial intelligence is worth a hefty upfront cost. "I think AI is as important and maybe as disruptive as the cloud was," Bhusri said. "Different than the cloud, these large language models that AI are based on, they require massive amounts of compute to build the models and train the models. And so there's an upfront cost that we all just have to recognize. Bhusri and Eschenbach explained that their company's AI program is especially helpful to managers, as it will be able to write job descriptions and career growth plans.

Persons: Bhusri, Carl Eschenbach, CNBC's Jim Cramer, Eschenbach, It's, Thursday's

☆ Here are the 12 stocks Jim Cramer is watching, including a dire consumer forecast
▼ + stars: | 2023-09-28 | by ( Jim Cramer | ) www.cnbc.com time to read: +2 min

But keeps buy rating ahead of the video streamer's quarterly earnings out next month. Online advertising tech company Trade Desk (TTD) started with a buy rating and a $100-per-share price target at UBS. Bank of America cuts price target on Advance Auto Parts (AAP) to $60 per share from $75. Paychex (PAYX) gets multiple price target increases at TD Cowen (keeps buy rating), Morgan Stanley (keep hold rating), and Bank of America (keeps sell rating). Barclays cuts price target on United Parcel Service (UPS) to $175 per share from $180.

Persons: Matt Boss, Banks, Morgan Stanley, Jim Cramer's, Carl Eschenbach, Aneel, TD Cowen, Cowen, Price Organizations: JPMorgan, Netflix, Trade, UBS, BMO Capital, Bank of America, Parts, Diageo, DEO, CNBC, Club, Corona, Modelo, Constellation Brands, Walgreens, Alliance, Barclays, United Parcel Service Locations: Fargo

☆ Former Greylock VC Sarah Guo is betting her career on the AI boom with new fund Conviction. Here's why.
▼ + stars: | 2023-04-03 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +8 min

Ex-Greylock GP Sarah Guo surprised the tech world when she launched her AI fund Conviction last year. In addition to her fund, Guo has gained prominence in SF's AI scene through her podcast and events. Kovalsky knew of only one person who could be behind this — Sarah Guo, then a general partner at VC firm Greylock. Within the tech community, Guo has differentiated herself from other VCs through her honesty, business savvy, and grit, they added. Although Guo launched Conviction, a $100 million fund investing up to Series A, in late 2022, her interest in artificial intelligence has been long in the making.

☆ Workday cuts about 525 jobs but says it's not the result of overhiring
▼ + stars: | 2023-01-31 | by ( Rohan Goswami | ) www.cnbc.com time to read: +2 min

Aneel Bhusri and Carl Eisenbach, Co-CEOs of Workday, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 17, 2023. Workday , a cloud-only business planning software company, will lay off 3% of its employees, the company's co-CEOs wrote in a message to employees Tuesday. In October 2022, the company reported head count of more than 17,500 employees, an increase of over 15% compared with January of that year. The cuts are not the result of overhiring and the "majority" will occur in Workday's technology and product units, co-CEOs Aneel Bhusri and Carl Eschenbach wrote. Severance packages for international employees would be "similar" to those offered to U.S. employees, Bhusri and Eschenbach wrote in the message.

☆ Workday co-CEO: We're going to add 'several thousand new heads' this year
▼ + stars: | 2023-01-17 | 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 EmailWorkday co-CEO: We're going to add 'several thousand new heads' this yearAneel Bhusri and Carl Eschenbach, Workday co-CEOs, join 'Squawk Box' to discuss the pairing of Bhusri and Eschenbach as co-CEOs, the higher aspirations for the company, and more.

SAO PAULO, Jan 10 (Reuters) - Brazilian power company Eletrobras (ELET6.SA) is investigating whether the collapse of two transmission towers is related to anti-government riots on Sunday after finding signs of sabotage, according to two people familiar with the probe. The towers - one of which fell on Sunday and the other in the early hours of Monday - were operated by Eletrobras subsidiaries Furnas and Eletronorte. Eletrobras, the mines and energy ministry and regulatory agency Aneel have set up a crisis committee to monitor potential threats to Brazil's power grid, according to a third source. A third tower operated by power transmission company Evoltz also collapsed, according to a report by Brazil's National Electric System Operator (ONS) on Tuesday. Eletrobras, Furnas and Evoltz did not immediately respond to requests for comment.

☆ Workday names Sequoia's Carl Eschenbach as co-CEO, alongside Aneel Bhusri
▼ + stars: | 2022-12-20 | by ( Jordan Novet | ) www.cnbc.com time to read: +1 min

Workday said on Tuesday that co-CEO Chano Fernandez is leaving the company and being replaced by Sequoia Capital's Carl Eschenbach, a former VMware executive and member of Workday's board. Eschenbach will serve alongside Aneel Bhusri, who co-founded the company in 2005. Bhusri became a co-CEO again in 2020 with the appointment of Fernandez, a former SAP executive who joined Workday in 2014. Before Workday, Bhusri held leadership roles at PeopleSoft, which Oracle acquired in 2005 for $11.1 billion. WATCH: Workday co-CEO on the firm's quarterly results and why its finance applications saw strength

☆ 8 companies Amazon, Microsoft, or Google might buy as they shop for deals amid the market downturn, including Workday, Unity, and Roku
▼ + stars: | 2022-09-15 | by ( Belle Lin | ) www.businessinsider.com time to read: +13 min

That means Amazon Web Services, Microsoft Azure, and Google Cloud could be poised for a merger-and-acquisition spree. As for cloud acquisitions, analysts said Amazon's cloud unit didn't often buy companies. Cybersecurity has been a greater focus for Microsoft, AWS, and Google Cloud after the hack of the IT-software company SolarWinds in 2020. In 2019, Google purchased the data-analytics company Looker for $2.6 billion in cash under Google Cloud CEO Thomas Kurian. With Kurian at the helm, bringing with him the Oracle acquisition playbook, Google Cloud may now have a bigger M&A appetite.

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