DIRS.INFO The most relevant business & tech news

☆ Why the market should prepare for inflation to return in Trump second term, according to hedge fund investor David Einhorn
▼ + stars: | 2024-11-14 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +3 min

"We have increased our bets on inflation," he told CNBC's Leslie Picker at CNBC's Delivering Alpha investor summit on Wednesday. "We will have another inflection up in inflation," he said. "The policy mix being proposed is inflationary and we will see more of that over the next few years." The latest CPI data released Wednesday showed inflation in line with market expectations, at 2.6%. There is an argument for tolerating it and trying to run the economy as hot as possible.

Persons: David Einhorn, Donald Trump's, CNBC's Leslie Picker, Einhorn, bearish, Nelson Peltz, Trump, Harris, You've, you've, Anne Walsh Organizations: Greenlight, Alpha, Trump, Maytag, Trian, Guggenheim Partners Investment Management Locations: U.S

☆ Buying bonds when the Federal Reserve started cutting rates was a mistake that may soon get bigger
▼ + stars: | 2024-11-14 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +1 min

One of the surest bets when the Federal Reserve began cutting interest rates was for bond prices to rise while yields came under pressure, but that hasn't played out according to plan. This market, which has defied so many historical patterns, has kept the pressure on bond yields up due to a variety of factors, including more persistent concerns about the federal deficit. But her bigger concern remains on the bond side of the markets. She said investors will be "more wary" given the election rally and the pulling forward of expectations about tax cuts and regulation and expectations they will contribute to growth. But it is in the bond market where investors should expect even more volatility.

Persons: hasn't, Donald's Trump, Anne Walsh, Nelson Peltz Organizations: Federal Reserve, Guggenheim Partners Investment Management, CNBC's, Alpha, DA Locations: New York City

☆ President Trump made many tax cut promises. Even with GOP sweep, they won't be easy for Congress to keep
▼ + stars: | 2024-11-11 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +15 min

"Look at which tax cuts were getting the most focus on the campaign trail. A traditional GOP tax policy might be thought of as favoring business tax cuts. "The top priority is extending the Trump tax cuts and the signature part of his program. Notably, House Speaker Mike Johnson has voiced support for the traditional view of funding tax cuts through economic growth. Individual tax cuts versus Social Security, business tax breaksHistory shows that when it comes to the battle between individual and business tax cuts, contrary to popular perception, individual tax issues are always politically dominant issue.

Persons: Donald Trump, Mnuchin, Stamper, Dustin Stamper, Grant Thornton, Rohit Kumar, Mitch McConnell, Trump, Kumar, Mike Crapo, Mike Johnson, It's, PwC, Biden, John Paulson, Paulson, Elect Trump, Joe Manchin, Kamala Harris, Elon Musk Organizations: Van Andel, Trump, GOP, Representatives, Idaho Republican, Senate, Capitol, Social Security, Child Tax, Corporations, New York Times, Republican, Social, Tax, Republicans, Democrats, West, CBO, IRS, Defense, Federal Reserve, Washington , D.C Locations: Grand Rapids , Michigan, U.S, Idaho, West Virginia, Washington ,

☆ Nate Silver: Don't trust the Trump swing in 2024 presidential election polls, betting markets data
▼ + stars: | 2024-10-30 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +4 min

Silver told Fortt that his current model shows the odds favoring Trump, who holds a 55% to 45% win probability advantage over Harris. Most people no longer even have the landline phones which past election cycle polling history relied on. Why the betting markets may be all 'vibe and chatter'The betting markets show a much bigger edge for Trump, with major wagers placed on Polymarket, Robinhood jumping into the action, and presidential election contracts surging in popularity. Critics have raised concerns that the election betting markets are potentially being manipulated. But Silver, who is a consultant to one of the leading prediction markets, Polymarket, says he wouldn't pay much attention to the betting markets data right now, as they simply may not be very accurate at this moment in the election cycle.

Persons: Nate Silver, Donald Trump, Kamala Harris, Silver, Trump, CNBC's, Jon Fortt, Fortt, Harris, Ken Griffin, Stanley Drunkenmiller, Critics Organizations: New York Times, CNBC Technology, CNBC, Trump, Trump Media Locations: New York City

☆ Microsoft Copilot AI use extends deep into corporate America, but companies aren’t 100% sold
▼ + stars: | 2024-10-29 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +7 min

When asked whether it's been worth the cost ( $30 monthly per user in the case of Copilot), tech leaders say they aren't sure. According to recent Deloitte research, two-thirds of organizations are increasing gen AI investments based on "strong early value to date." There are multiple reasons why companies will still be short on confidence when it comes to enterprise AI adoption, according to Deloitte. The Azure cloud offering from its biggest AI partner and AI investment, OpenAI, is in use at nearly two-thirds of companies. Forty-six percent of CNBC survey respondents said that within their organizations at least half of employees are now using AI.

Persons: it's, Jim Rowan, Anthropic, Mistral, Eric Schmidt —, Morgan Stanley, Copilot, Rowan Organizations: CNBC, Microsoft, CNBC Technology, Council, Deloitte, Microsoft Microsoft, Fortune, Capital Group, Disney, Dow, Kyndryl, Novartis, Deloitte Consulting, Meta, Silicon, OpenAI, AIs Locations: Europe

☆ Honeywell signs deal with Google to bring Gemini generative AI to industrial sector
▼ + stars: | 2024-10-21 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

"Everyone has that problem in industrials," he said at the recent CNBC Evolve AI Opportunity event. The Google AI will offer images, videos, text and sensor readings to engineers. According to Honeywell data, 82% of companies in the industrial sector that consider themselves AI leaders are behind on adoption, with only 17% having fully launched initial AI plans. Siemens and Microsoft announced a gen AI deal for the industrial sector late last year, which included an AI copilot for use across industries. "Awareness is high, adoption is low, but there will be an inflection point," he said at the recent CNBC AI event.

Persons: Rick Osterloh, Vimal Kapur, Kapur, Suresh Venkatarayalu, Carrie Tharp, Delangue Organizations: Devices, Google, Honeywell, CNBC, Honeywell Forge, Workers, Companies, Gemini, Amazon, Nvidia, Siemens, Microsoft Locations: Mountain View , California, industrials

☆ Why Honeywell CEO Vimal Kapur doesn't think the AI payoff will come from productivity
▼ + stars: | 2024-10-14 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

As CEO of one of the world's largest industrial conglomerates, Honeywell 's Vimal Kapur doesn't think about AI like most individuals. "There is always a trend which makes your skills obsolete, every five years," Kapur said at the recent CNBC Evolve: AI Opportunity Summit in New York City. The AI opportunity for Honeywell is creating a new labor pool that can learn and work alongside AI and accumulate and deploy institutional knowledge much faster. "The future belongs to companies with 'first-order' data sets," he told CNBC "Closing Bell Overtime" anchor Jon Fortt at the Evolve: AI Opportunity event. "Data and data sets are the next frontier for AI," Delangue said.

Persons: Kapur, It's, it's, Jake Loosararian, Jon Fortt, Clément Delangue, Delangue, Katherine Forrest, Paul, Weiss, Garrison, Honeywell's Kapur Organizations: Honeywell, Labor, Nvidia, Gecko Robotics, CNBC, Amazon, Google Locations: New York City, industrials, Rifkind, Wharton

☆ American Water, largest water utility, hit by cyberattack at time of rising threats against U.S. water supply
▼ + stars: | 2024-10-08 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +3 min

American Water , the largest water utility in the U.S., disclosed that it had been hit by a cyberattack. Hacks targeting U.S. water infrastructure, in particular, have been increasing, with some of the attacks linked to geopolitical rivals of the U.S., including Iran, Russia and China. "All drinking water and wastewater systems are at risk — large and small, urban and rural," an EPA spokesman recently told CNBC. American Water provides drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. It said turning off customer systems was intended to protect data, though it added that it is too soon to know whether any customer information is at risk.

Persons: Adam Isles Organizations: EPA, CNBC, American Water, U.S . Air Force, Chertoff Group, FBI, Water, Environmental Protection Agency Locations: U.S, Camden , New Jersey, Iran, Russia, China, Texas, Muleshoe, United States

☆ Kamala Harris likely to win election, despite Trump being better on inflation, economy: CNBC CFO survey
▼ + stars: | 2024-09-26 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +2 min

A majority of chief financial officers (55%) say Harris will win the election, according to the Q3 CNBC CFO Council Survey. That's a reversal from the prior CFO survey in Q2 (when President Joe Biden was still the candidate) and a majority of CFOs (58%) believed Trump would win. In the Q2 CFO survey, 29% of executives said they were unsure who would win. The majority belief that Harris will win comes despite an equal majority of CFOs (55%) telling the survey that Trump is better on inflation and for the economy. The CNBC CFO Council Survey was conducted between August 19 and September 19, a period which included the presidential debate.

Persons: Kamala Harris, Donald Trump, Harris, Joe Biden, Trump, CFOs, MSNBC's Stephanie Ruhle Organizations: CNBC, Survey, Trump, Trade, GOP, Economic Club of Pittsburgh Locations: America, United States, CFOs

☆ Top corporate CFOs are losing some confidence in economy, as consumer demand fears spike
▼ + stars: | 2024-06-26 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

Fears among top corporate CFOs about shaky consumer demand have hit a six-quarter higher, according to the latest CNBC CFO Council survey, with the Q2 survey the first time since the beginning of 2023 that over half of CFOs cited consumer demand as the biggest external risk to their business. Consumer demand fears among CFOs have been rising in recent quarters, and match evidence from the market across sectors, with fast-food chains rushing out value menus and car dealers having more difficulty moving inventory. The 54% of CFOs who cited consumer demand as the biggest risk is up from 18% a year ago, and 37% last quarter. Last quarter, almost half of CFOs forecast a 10-year yield that would dip below 4% by the end of the year. But now, CFOs have pushed out their inflation view even further.

Persons: Walmart's, isn't, CFOs, Jerome Powell, it's, Donald Trump Organizations: CNBC, Food, Federal Reserve, Fed, Dow Jones, Biden

☆ AI is consuming corporate tech spending budget, with most going to employee adoption
▼ + stars: | 2024-06-20 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +2 min

Among companies spending on AI, roughly four times as many are investing in employee-facing AI projects rather than customer apps, the survey also found. Sixty percent of the select group of companies responding to the survey described generative AI as critically important to their business, and artificial intelligence is the single-largest technology spending budget line item for the next year at 44% of companies. Cleaning up the vast amount of data already stored on a corporate enterprise is a process that could take a few years. "A lot of the spending on gen AI today does feel like it's more about prioritizing spending ... clients are focused on transforming using technology, data and AI, so a lot of what's driving our sales is getting ready for AI. We're seeing a lot of modern platforms being put in place because if you can't access your data, you're not going to be able to take advantage of AI," Sweet said.

Persons: Charles Giancarlo, Julie Sweet, Sweet Organizations: CNBC Technology, CNBC, Accenture

☆ AI is getting very popular among students and teachers, very quickly
▼ + stars: | 2024-06-11 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +7 min

Khan recently told CNBC that its AI tool will expand from 65,000 students to one million students next year. It also recently announced that Microsoft is paying so that AI can be offered to teachers across the U.S. free of charge. In fact, teachers were the only demographic polled where year-over-year favorability declined, though a majority (59%) still have a positive view of AI chatbots. Minority groups are adopting AI for education at higher rates, including the teachers and parents who are using AI to help children. Black and Hispanic K-12 students and undergraduates were more likely to use AI for school.

Persons: Hyoung Chang, ChatGPT, Ethan Mollick, Sal Khan, Khan, CNBC's, Sam Altman, Greg Brockman, zeroed, Mollick, It's, Nadia, Alan Turing's Organizations: Getty, Microsoft, Apple, Impact Research, Walton Family Foundation, Learning, University of Pennsylvania's Wharton School, Khan Academy, CNBC, Teachers Locations: Denver, Newark , New, U.S

Gantry cranes stand in the APM Terminals yard at the Port of Mobile in Mobile, Alabama, U.S., on Thursday, July 20, 2017. This is another example of USMX members unilaterally circumventing our coast-wide Master Contract. A Maersk spokesman said in an emailed statement that APM Terminals remains "in full compliance with the ILA/USMX Master Contract." During a speech before union members that month, Daggett vowed the ILA would not take a back seat to anyone. The ILA indicated in its release that it will not meet with USMX until the "auto gate" issue is resolved.

Persons: Harold J, Daggett Organizations: APM, Port, Longshoremen's Association, United States Maritime Alliance, ILA, APM Terminals, Maersk, USMX, MSC Locations: Mobile, Mobile , Alabama, U.S, East Coast, Gulf Coast, Port of Mobile , Alabama, North America, Daggett, West Coast

☆ Alphabet's new CFO was in the middle of the GLP-1 boom. Now she's onto generative AI
▼ + stars: | 2024-06-06 | by ( Jennifer Elias | ) www.cnbc.com time to read: +10 min

Alphabet announced on Wednesday that Eli Lilly Chief Financial Officer Anat Ashkenazi will be its new CFO after an almost year-long search. Shares of Eli Lilly have soared 90% in the past year and are trading at a record. When she joined Eli Lilly in 2001, she came in through the company's new venture capital division, which was co-founded by her then-spouse Ron Laufer. Fastest growth in decadesFounded in 1876, Eli Lilly has long been one of the major U.S. pharmaceutical companies. But the last couple years have marked a period of historic growth for Eli Lilly due to the exploding popularity of GLP-1s.

Persons: Anat Ashkenazi, Eli Lilly Eli Lilly Alphabet's, Ruth Porat, Eli Lilly, Ashkenazi, it's, Eli Lilly's, David Ricks, Morgan Stanley, Sundar Pichai, Hollie Adams, Ron Laufer, John Smiley, Eli, It's, Trump, Eli Lilly's Covid, we're, Askhenazi, OpenAI's, Larry Page, Sergey Brin, CNBC's Eric Rosenbaum, Toby Lyles Organizations: San, San Francisco Bay Area, Google, Economic, Bloomberg, Getty, CNBC, Tel Aviv University, Hebrew University, U.S . Food, Drug, U.S . Department of Justice, FDA, Reuters, Employees, NBC Locations: U.S, Indiana, San Francisco Bay, Davos, Switzerland, Israel, biopharma, North Carolina, Germany, New Jersey

☆ House Speaker Mike Johnson says Trump right on trade and immigration, but won't commit to policy
▼ + stars: | 2024-06-04 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +6 min

But as the speaker of the House and the leader of my party in the Congress, I'm going to be very careful about what I commit to on the front end." But I certainly have great respect for what President Trump did," Johnson said during the CNBC appearance. But on immigration, another top issue for Trump, Johnson again pushed back against committing to policy. I mean, I think that's right. Because of redistricting and gerrymandering, we're probably going to have small majorities on one side or the other for the foreseeable future.

Persons: Mike Johnson, Donald Trump, CNBC's Eamon Javers, Johnson, I'm, reflexively, Trump, Joe Biden, Javers, Jay Powell Johnson, Jerome Powell, Powell, they're, It's, we're, who's Organizations: CNBC, Summit, Washington , D.C, Trump, Reagan Republican, Federal Reserve, Capitol, Republican, Committee, Biden Locations: Manhattan, New York, Washington ,, lockstep, China, .

☆ Microsoft, Khan Academy provide free AI assistant for all educators in US
▼ + stars: | 2024-05-21 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

Microsoft is partnering with tutoring organization Khan Academy to provide a generative AI assistant to all teachers in the U.S. for free. Khanmigo for Teachers, which helps teachers prepare lessons for class, is free to all educators in the U.S. as of Tuesday, with the financial support of Microsoft. Microsoft and Khan Academy are also planning to provide more AI-powered math tutoring to students through a new open-source small language model from Microsoft's Phi-3 AI technology. The relationship between the tech giant and education nonprofit will also feed back into Microsoft's Copilot AI, with more Khan Academy content added, and Khan content brought into Microsoft Teams for Education, an existing free communication app for students and teachers. Microsoft co-founder Bill Gates recently recommended Khan's new book on AI in education.

Persons: Sal Khan, Sam Altman, Greg Brockman, zeroed, Khan, Nadia, Alan Turing's, Khanmigo, Bill Gates, Gates Organizations: Microsoft, Academy, Khan Academy, CNBC, Khan, CNBC's Technology, Phi, Microsoft Teams, Education Locations: U.S

☆ A half-million school buses across US could become an EV battery powerhouse feeding the grid
▼ + stars: | 2024-05-15 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

The company's goal is to add 10,000 bidirectional EV school buses across the U.S. with 300 gigawatt hours of energy available to power grids each year. In effect, instead of the one-way charge into the vehicle, the school buses will be able to send their battery power back to the grid through Zum charging infrastructure. The roughly 500,000 school buses are mostly diesel, contributing to emissions. Ram Ambatipudi, senior vice president of business development at EV Connect, which provides EV charging solutions, said the school bus model is one of the most promising in the area of using EV battery storage in a bidirectional nature. "The low-hanging fruit from what I've seen is the school bus model," Ambatipudi said.

Persons: Ritu Narayan, Ram Ambatipudi, Ambatipudi, It's Organizations: San, San Francisco Unified, Los Angeles Unified, Oakland Unified, EV Connect, Ford Locations: California, San Francisco, Oakland, California , Colorado , Connecticut , Illinois, Maryland , Massachusetts , Missouri , Nebraska , Pennsylvania, Tennessee , Texas, Washington , Utah, Virginia, U.S

☆ Half of American workers support a ban on talking politics in the office
▼ + stars: | 2024-04-23 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +2 min

Office politics have always been a point of frustration for workers, but now it's politics in the office that's getting to many American workers. In an era during which more workers have felt emboldened to challenge bosses over politics — with the recent Google worker protests and arrests a prime example — just under half of American workers polled by CNBC and SurveyMonkey say they would support a ban on political conversations at work. Younger workers show less hesitancy toward political discussions, with 41% of Gen Z workers saying they would choose to bar any political discussions at work. That's lower than millennial workers (46%), Gen X workers (52%), and boomers (49%). The CNBC | SurveyMonkey online poll was conducted April 3-5 among a national sample of 5,993 workers in the United States.

Persons: Lara Belonogoff Organizations: Google, CNBC, SurveyMonkey, Survey, Columbia University Locations: Google's San Francisco, Gaza, San Francisco , California, United States, Israel

☆ A 'deeply misguided' political belief is weakening the economy, says Secretary of Commerce Gina Raimondo
▼ + stars: | 2024-04-18 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

"Child care is core to enabling women to work," she said. She explained that if she stayed in her career, her entire post-tax pay would have gone to child care, and all of the child care providers in her area were waitlisted. I didn't really go through this, so how many people are really thinking child care is an issue? "If you want a strong economy, women have to participate and in order for that to happen, we need strong child care," she said. Raimondo noted that half of Americans live in a "child care desert," with not enough services available at a cost that is affordable.

Persons: Gina Raimondo, Joe Biden, Raimondo, —, CNBC's Sara Eisen, Jessica Chang, Chang, CNBC's Julia Boorstin, We've, it's Organizations: Semiconductors, America, White, Capitol, U.S, Samsung, CNBC's, Changemakers, U.S . Army, CNBC Changemakers, Boston Consulting Group, U.S . Chamber of Commerce, Commerce Department Locations: WASHINGTON, DC, Washington ,, Rhode, U.S, Texas, Korean, New York City, Korea

☆ EV charging for the U.S. freight trucking market is starting to scale
▼ + stars: | 2024-03-21 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

Einride plans to open many EV charging stations for freight trucking on the West and East coasts, though California is the only state in which there are any EV freight charging stations of scale today. Voltera, which develops, owns and operates EV infrastructure, said the site was permitted, built, electrified and operational in under 18 months. "In the world of charging infrastructure, that's pretty remarkable," its CEO Matt Horton said in a statement. One of the first EV charging stations of scale for freight trucks is opening near the major ports of Los Angeles and Long Beach, California, as the trucking market takes some limited, but significant steps to build the infrastructure required for a long-term transition to EV trucking and net-zero shipping. Additional EV charging projects at ports in New York and New Jersey, as well as the Pacific Northwest, are planned.

Persons: NFI, Matt Horton, Robert Falck, Einride, Moller, Erik Neandross, —, Neandross Organizations: EV, West, Volvo, Southern California Edison, Maersk, CNBC, Pepsi, Walmart, U.S, California Air Resources Board, Department of Energy, Environmental Protection Agency, EPA Locations: East, California, Lynwood, America, Southern California, Ontario , California, U.S, Sweden, Einride, Los Angeles, Long Beach , California, Government, New York, New Jersey, Pacific Northwest, Shanghai, Chicago

☆ WeightWatchers CEO just sent an internal memo to employees as stock crashes, amid debt concerns, Oprah exit
▼ + stars: | 2024-03-14 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +6 min

But since then WW shares have suffered heavy selling, dropping to a new 52-week low on Thursday. The stock, due to its debt load and short interest, as well as the general anxiety about the impact of the new weight loss drugs, is subject to heightened volatility. In the memo, Sistani told employees she wanted "to take a moment to address some of the breathless media coverage." WW shares closed at $1.87 on Thursday. It noted that WW was among companies from the weight loss industry involved in the TV event.

Persons: Oprah Winfrey, Sistani, Eli Lilly, Sima Sistani, Guggenheim, Oprah, Winfrey Organizations: CNBC, Nordisk, Guggenheim Partners, Guggenheim, WeightWatchers Clinic, FDA, WeightWatchers, National Museum of, ABC

☆ Top CFOs are as bullish on the Dow and as dovish on the Fed as they've been in a long time: CNBC survey
▼ + stars: | 2024-03-13 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +2 min

That's according to the CNBC CFO Council Survey for the first quarter, which shows a dramatic year-over-year change in the view from CFOs about the Federal Reserve's inflation battle. The percentage of CFOs who think the Fed will be able to achieve a soft landing has reached a five-quarter high, at 48%. According to the Q1 survey, the largest percentage of CFO respondents (44%) do not expect a rate cut until September. In the Q1 CFO survey, equal groups of just under 25% of CFO respondents think the cuts will begin in June or July. Despite CFOs expecting a slower moving Fed than traders, the latest quarterly view represents an increase in dovish expectations.

Persons: CFOs Organizations: CNBC, Survey, CPI Locations: U.S, CFOs

☆ Thinking about taking new weight loss drugs? These are the big health risk decisions that will follow
▼ + stars: | 2024-02-28 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +6 min

In this article NOVO.B-DKLLYWWGWW Follow your favorite stocks CREATE FREE ACCOUNTAn injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023. But will Americans trust the most iconic brand in the legacy weight-loss business to guide them into its future? "Big pharma was coming for weight loss, and if they didn't have a clinical angle, they would have run the risk of becoming an irrelevant company." "This is a new, incredibly powerful and effective class of pharmaceuticals that a lot of people will find help improve their health." watch nowRisks of overreliance on obesity drugs The risk is real that providers may use the medications and "forget about lifestyle," said John Batsis, an associate professor and nutrition expert at the University of North Carolina Chapel Hill's school of public health.

Persons: Eli Lilly’s, Brendan Mcdermid, Eli Lilly, —, Sima Sistani —, Sistani, Alex Fuhrman, Hallum, Fuhrman, Davidson, Linda Bolton Weiser, I've, Geoff Cook, Cook, John Batsis, Batsis Organizations: Reuters, Novo Nordisk, CNBC, Craig, pharma, University of North, University of North Carolina Chapel Locations: New York City, U.S, Herbalife, University of North Carolina

☆ Hewlett Packard Enterprise tops the 2024 JUST 100 list with market-leading worker benefits
▼ + stars: | 2024-02-05 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

Antonio Neri, CEO, Hewlett Packard Enterprise, at the NYSE, Oct. 19, 2023 Source: NYSETechnology stocks have taken back the No. 1 spot in the JUST 100, an annual ranking of large public companies on issues of key importance to the American public, with Hewlett Packard Enterprise topping last year's No. Career advancement opportunities, worker training and development, benefits and retention are other issues which helped push HPE and other companies higher in the 2024 JUST 100 rankings. All of these issues, Whittaker said, "cluster all around the questions of 'How good am I as an employer?'" Whittaker said that's also the case with the key worker issues that are the most heavily weighted in the rankings.

Persons: Antonio Neri, HPE, Martin Whittaker, Paul Tudor Jones, It's, it's, Whittaker, Kristin Major, we've, Russell, Major, that's Organizations: Hewlett Packard Enterprise, NYSE, NYSE Technology, of America, Capital, Just, Just Capital, Apple, Microsoft, Citigroup, Elevance, Devices, Micron Technology

☆ For Microsoft and OpenAI, after a year in the 'hype cycle,' the Copilot corporate spending boom is just getting started
▼ + stars: | 2023-12-20 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +9 min

While another third (32%) said they have not made the spending decision, only 13% said they would not be acquiring similar gen AI capabilities. Microsoft has pointed to customers including Visa, BP, Honda and Pfizer using Copilot, and professional services firm partners on Copilot AI including Accenture, EY, KPMG, and PwC. And even amid the hype, it's important to keep in mind that as gen AI spending grows, it is still dwarfed by companies' cybersecurity budget needs. That means roughly $5 will be spent on security for every dollar spent on gen AI. But it's growing, and for now at least, when it comes to the billions in gen AI spending, Microsoft is in the pole position.

Persons: Dan Ives, Google Bard, Satya Nadella, Sam Altman, Altman, Jason Wong, Wong, Joe Atkinson, That's, Copilot, It's, Gartner, it's, Will, John Lovelock Organizations: Microsoft, Wedbush Securities, " Enterprises, Google, CNBC Technology, Survey, Gartner, Visa, BP, Honda, Pfizer, Accenture, EY, KPMG, CNBC, CNBC TEC, SAP, Adobe, Amazon Web, Meta, SharePoint Locations: San Francisco , California, U.S, Copilot, Salesforce, that's

Search resuls for: "Eric Rosenbaum"

25 mentions found