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Here's a rapid-fire update on all 32 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. AMD shares have caught a bid in recent days, but they're still cheap considering the growth of its AI processors. Broadcom : Investors who don't own any Broadcom yet should consider starting a position here, Jim said. Although it's tempting to offload shares, Jim said to stick with Honeywell for now because there's huge value in individual businesses like aerospace. There's little negative to say about this portfolio stock.

Persons: Jim Cramer's, Jim, Apple, haven't, it's, that's, he'll, Bob Iger, Bob Chapek, Larry Ellison, Biogen, Eli Lilly, Lowe's, Vimal Kapur, We'd, Linde, Lilly, Morgan Stanley, Goldman Sachs, It's, Jensen Huang, Kamala Harris, Republican Donald Trump, CrowdStrike, Palo, — we're, we're, Brian Niccol, Sands, Stanley Black, Decker, Wells, Charlie Scharf's, Jim Cramer, Angela Weiss Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Abbott Laboratories, Abbott Labs, AMD, Amazon, Web, Broadcom, VMWare, Federal Reserve, Costco Wholesale, Coterra, DuPont, New York Times, Oracle, GE Healthcare, GE, Honeywell, Linde, Microsoft, Nvidia, Republican, Palo Alto Networks, Palo, Procter & Gamble, Procter, Gamble, Constellation Brands, Modelo, Stanley, TJX, Marshalls, Jim Cramer's Charitable, Traders, New York Stock Exchange, AFP, Getty Locations: Nvidia's, San Francisco, China, Dover, United States, industrials, OpenAI, Palo Alto, Wells Fargo

☆ Stock futures are little changed after S&P 500 notches fourth-straight winning session: Live updates
▼ + stars: | 2024-09-12 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

U.S. stock futures were little changed Thursday evening as traders sought to shake off a sluggish September. S&P 500 futures traded near the flatline. Futures tied to the Dow Jones Industrial Average added just 0.03%, and Nasdaq 100 futures slipped 0.02%. During Thursday's regular trading, investors snapped up shares of Big Tech names, including Nvidia , lifting the S&P 500 and the Nasdaq Composite for a fourth consecutive day. The three major averages are also on track to post weekly gains, with the S&P 500 up 3.5% and the Nasdaq on track for a 5.3% jump.

Persons: Dan Greenhaus, Dow Organizations: Dow Jones, Nasdaq, Big Tech, Nvidia, Dow, Salesforce, Microsoft, Federal, Management Locations: U.S

☆ Boeing should be kicked out of the Dow
▼ + stars: | 2024-09-11 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

The United States is no longer primarily an industrial economy, and the changes in the index over the last 126 years reflect that evolution. Beyond that, there are two other major issues indicating that Boeing no longer belongs in the Dow. Trying to stay relevantBoeing obviously wasn’t an early component of the Dow — the index started seven years before the first plane flew at Kitty Hawk, and 20 years before Boeing was incorporated. In 2020, the Dow dropped ExxonMobil, then struggling with low oil prices during the pandemic, and added tech company Salesforce, then on a tear. Boeing declined to comment when asked about its membership in the Dow.

Persons: ”, Ron Epstein, Dow, Max, That’s, Sam Stovall, Kitty Hawk, “, ” Stovall, Stovall, — Organizations: New, New York CNN, Dow Jones, New York Stock Exchange, Nasdaq, Boeing, Bank of America, Steel, Disney, Dow, Alaska Airlines, Federal Aviation Administration, CFRA Research, Electric, Lockheed, GE, GE Aerospace, ExxonMobil, Airbus Locations: New York, United States, Alaska, Ukraine

A Southwest Airlines plane takes off from Hollywood Burbank Airport above other Southwest planes on July 25, 2024 in Burbank, California. Southwest Airlines said Tuesday that executive chairman and former CEO Gary Kelly will retire next year and announced a board shakeup, moves that come as the carrier faces pressure for changes by activist investor Elliott Investment Management. Elliott in June revealed a nearly $2 billion stake in Southwest, seeking to oust leadership, including CEO Bob Jordan, who has also spent nearly four decades at the carrier. Southwest has also brought in outside experts, including Bob Fornaro, former CEO of Spirit Airlines and AirTran, which Southwest acquired. Southwest has an investor day scheduled for Sept. 26 in Dallas to expand on these and other initiatives.

Persons: Gary Kelly, Kelly, Herb Kelleher, Elliott, Bob Jordan, Bob Fornaro Organizations: Southwest Airlines, Elliott Investment Management, Southwest, Dallas, Texas, Spirit Airlines, Boeing, U.S Locations: Hollywood, Burbank , California, Southwest, Dallas

Rupert Murdoch at his annual party at Spencer House, St James' Place in London. Activist investor Starboard Value moved Friday to dissolve News Corp's dual-class share structure, a challenge to the Murdoch family's control over the Wall Street Journal parent, according to people familiar with the matter. News Corp's structure as of September gave Rupert Murdoch control over around 40% of the company's voting stock. Last November, Rupert Murdoch, 93, stepped down as chair of the board at both News Corp and Fox Corp. His son, Lachlan Murdoch, is the sole chair of News Corp., and continued his role as Fox Corp.'s executive chair and CEO.

Persons: Rupert Murdoch, St James, Murdoch, Jeff Smith, Smith, Lachlan Murdoch Organizations: Spencer, Wall Street Journal, News Corp, CNBC, REA Group of Australia, New York Times, Wall Street, Fox Corp, Reuters, Autodesk, Match, . News Corp, Sun, HarperCollins Locations: London

That continues a trend from 2023, when generative AI companies raised $25.9 billion for the full year, up more than 200% from 2022. The average round for AI companies is 140% bigger this year compared with last, the data shows, while for non-AI companies the increase is only 10%. Most venture investors are bullish on the potential for generative AI to eventually create big returns at the application layer. John-David Lovelock, an analyst at Gartner and a 35-year veteran of the IT industry, sees a big opportunity for generative AI in the enterprise. Yet, in 2024, only 1% of the trillion dollars spent on software will be from businesses spending on generative AI products, he said.

Persons: Adam Selipsky, Anthropic, Dario Amodei, Noah Berger, aren't, They're, Melissa Incera, Chip Hazard, PitchBook, that's, Cerebras, hasn't, Jeremiah Owyang, Owyang, That's, —, Cohere, Tobias Lutke, Inovia, JPMorgan Chase, Elon Musk's, what's, NASA's, Joe Raedle, Michael Harris, David Lovelock, Lovelock Organizations: Amazon Web, Getty, Microsoft, Nvidia, Tech, P Global Market Intelligence, CNBC, U.S, Forge, Flybridge Capital Partners, Federal Reserve, Meta, Nasdaq, Benchmark, Foundation Capital, SEC, Blitzscaling Ventures, Menlo Ventures, Inovia, Menlo, SPV, AMD, Oracle, Representatives, JPMorgan, Morgan Private Ventures, Elon Musk's SpaceX, SpaceX, Polaris, NASA's Kennedy Space Center, New York Stock Exchange, NYSE, Astera Labs, Tempus, Google, Facebook, Gartner Locations: Vegas, Las Vegas, PitchBook, Anthropic, Montreal, xAI, Cape Canaveral , Florida

☆ Salesforce to acquire startup Own for $1.9 billion in cash
▼ + stars: | 2024-09-05 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Marc Benioff, CEO of Salesforce.com, speaks during a keynote at the Dreamforce 2023 conference in San Francisco on Sept. 12, 2023. Salesforce announced Thursday that it would pay $1.9 billion in cash for Own Co., a startup specializing in tools for backing up data in cloud-based applications. The startup, formerly known as OwnBackup, was valued at $3.35 billion in a 2021 funding round. Salesforce Ventures, the cloud software company's venture arm, invested in that round and earlier ones. WATCH: Salesforce CEO Marc Benioff goes one-on-one with Jim Cramer

Persons: Marc Benioff, Salesforce, MuleSoft, Benioff, we've, Jim Cramer Organizations: Salesforce.com, Own Co, Salesforce Ventures, Salesforce, Covid, Microsoft's Dynamics, Informatica Locations: San Francisco, Salesforce, Central

☆ Google searches are becoming a bigger target of cybercriminals with the rise of 'malvertising'
▼ + stars: | 2024-09-05 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +7 min

Lowe's staff members were targeted via a Google ad for an employee portal claiming to be associated with the retailer. It's not a problem with Google, per se; malicious ads can also show up in queries using other search engines like Microsoft's Bing. "You see something appearing on a Google search, you kind of assume it is something valid," said Stuart Madnick, professor of information technology at MIT Sloan School of Management. Also avoid calling a telephone number listed in a sponsored ad because it could be a fake telephone number. Many privacy browsers have embedded ad blockers; consumers may still see sponsored ads, but they will see fewer of them, which minimizes the chances of malvertising.

Persons: Malwarebytes, Jérôme Segura, Erich Kron, Segura, Salesforce, It's, Bing, Stuart Madnick, Madnick, malvertising, isn't, there's, Avinash Collis, Kron, Chris Pierson, Pierson, Collis Organizations: U.S, Corporate, Google, MIT Sloan School of Management, Clearing, Gap.com, Consumers, Carnegie Mellon University's Heinz Locations: malvertising

☆ The weirdest startup in healthcare has a blank check from General Catalyst
▼ + stars: | 2024-09-05 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +17 min

Hemant Taneja, the CEO of top venture firm General Catalyst, cofounded the healthcare startup Commure in 2017, and launched it in 2020. AdvertisementIt's made six acquisitions in four years — a remarkable number for a healthcare startup. He hatched Commure inside General Catalyst in 2017 alongside former leaders from Google, Salesforce, and healthcare data analytics firm Health Catalyst. The Philadelphia-based health system co-created a startup with General Catalyst, patient engagement platform Tendo, in 2020. General Catalyst said HATCo will work closely with its more than 20 health system partners, including HCA Healthcare.

Persons: Hemant Taneja, Catalyst, PitchBook, Commure, It's, Augmedix, He's, Tyler Le, Taneja, Livongo, Teladoc, Glen Tullman, Ashwini Zenooz, CommureOS, Tanay Tandon, Rusty Russell, Strongline, Tandon, didn't, General Catalyst, it's, Axios, he's, HATCo, GABRIELLA AUDI, wasn't, Hemant Organizations: Catalyst, Business, Catalyst's, Google, NASDAQ, Jefferson Health, Healthcare, HCA Healthcare, Athelas, SMP Labs, SMP, Commure, BI, FCC, Labs, Strongline Pro, Strongline, Northern District of, Canopy, General, Health, Healthcare Assurance Transformation Corporation, Summa Health, Olive AI, Augmedix, HCA, Getty, Big Tech, Commure's Locations: Livongo, Philadelphia, Commure, PatientKeeper, Athelas, Strongline, Northern District, Northern District of California, Ohio, Augmedix

☆ Zive wants to make company data more accessible — here's the pitch deck it used to raise $3.2 million
▼ + stars: | 2024-09-03 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

Zive has raised $3.2 million in pre-seed funding to untangle companies' unstructured data. Founded by the team behind Haiilo, Zive uses generative AI to improve data accessibility. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementZive, a new startup aiming to untangle companies' data, has raised $3.2 million in pre-seed funding. Now, with Zive, the team wants to use generative AI to make the large amounts of unstructured data companies hold more accessible.

Persons: Zive, Haiilo, — Organizations: Service, Equity Partners, Business

☆ AI will reshape the global labor force. Employers will need to help their workers keep up.
▼ + stars: | 2024-08-28 | by ( Tim Paradis | ) www.businessinsider.com time to read: +10 min

AdvertisementMissy Scalise has begun using AI to cut down on the amount of work she has to do after hours. In 2023, the World Economic Forum reported that employers expected 44% of workers' skills to be "disrupted" within five years. Another challenge with inserting AI into an organization is that it's often difficult to tell which skills workers possess and where they might need training. Charlotte Relyea, a senior partner at McKinsey & Co., believes that leaders need to plan now so they can better forecast the abilities workers will need. Leaders need to think about this as a transformation — what she described as "painting the picture of the future."

Persons: Missy Scalise, Ascension Saint, Suki, Scalise, Chesley Summar, Ravin, Mercer, Jesuthasan, It's, Jon Lester, Lester, it's, Julia Grace Samoylenko, Samoylenko, Gallup, Johnson, Elise Smith, Smith, They're, haven't, you've, Nathalie Scardino, Scardino, Charlotte Relyea, Relyea, she's Organizations: Ascension, International Monetary Fund, Economic, IBM, Johnson, Praxis Labs, Labs, McKinsey & Co, McKinsey Locations: Nashville, upskilling

☆ AI copilots are making internal breaches easier and costlier to defend against
▼ + stars: | 2024-08-23 | by ( Rachel Curry | ) www.cnbc.com time to read: +7 min

At least, that's what data security experts like Matt Radolec, vice president of incident response at data security company Varonis, say. "Copilots have pass-through permissions," Radolec said. There's also value in proceeding at a slow and steady pace with gen AI processes. Instead, Ensono is developing its own tool so the company can better enable and control its data security. Gen AI has made cybersecurity mistakes costlier, and insiders now pose a bigger threat — malicious or otherwise — than ever before.

Persons: Matt Radolec, GitHub, Salesforce's Einstein, Radolec, it's, they've, Shawnee Delaney, Uber, Delaney, Meredith Graham, I'm, Graham, costlier Organizations: Istock, Getty, Vaillance Group, Defense Intelligence Agency, Merck, Microsoft Locations: —

☆ Nvidia will be in the spotlight next week as Wall Street wraps up a tumultuous August
▼ + stars: | 2024-08-23 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

NVDA YTD mountain Nvidia Wall Street is bullish heading into Nvidia's earnings results next week, figuring any hiccups to its next generation AI chips does little to dim the earnings potential of a company that essentially has a monopoly on the market. Economists polled by FactSet anticipate PCE to show increases of 0.2% month on month and 2.6% from the year-earlier period. Wall Street anticipates that stocks could go higher from here, though the road from now to the end of the year could be bumpy. Other notable earnings results include tech names Salesforce and CrowdStrike, as well as consumer names such as Campbell Soup, Dollar General and Ulta Beauty. Earnings: Nvidia , Bath & Body Works , J. M. Smucker , Salesforce , CrowdStrike , NetApp , HP Thursday Aug. 29 8:30 a.m.

Persons: Nvidia's, chipmaker, they've, Harsh Kumar, Piper Sandler, Blackwell, Jensen Huang, Jim Cramer, Kumar, Louis Navellier, Jerome Powell, Jackson, Powell, FactSet, David Miller, Miller, Kamala Harris, Donald Trump, He's, Campbell, Lululemon Organizations: Nvidia, Blackwell, Navellier, Associates, Federal Reserve, PCE, Nasdaq, Dow Jones, U.S, Catalyst Funds, Ulta, Dallas Fed, Richmond Fed, Body, HP, Autodesk, PCE Deflator, Chicago PMI Locations: Russia, Ukraine, Chicago, Michigan

☆ Fed Chair Powell checks the box, and our rate sensitive stocks react accordingly
▼ + stars: | 2024-08-23 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

In recent weeks, Wall Street has placed greater emphasis on jobs data as investors try to gauge the health of the U.S. economy. As we've seen at various points this summer, political developments may also be influencing moves on Wall Street. 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, Stocks, Jerome Powell's, Powell, Stanley Black, Decker, Jim, It's, chipmaker's, Kamala Harris, Harris, Jim Cramer's Organizations: CNBC, Federal, Jackson, Decker, Nvidia, Blackwell, Democratic National Convention, Jim Cramer's Charitable Locations: U.S

☆ Starbucks and activist Elliott met last week to discuss settlement
▼ + stars: | 2024-08-12 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Laxman Narasimhan attends the 2023 TAAF Annual AAPI CEO Dinner at The Pool on September 26, 2023 in New York City. Activist Elliott Management and Starbucks ' board of directors are in settlement talks, according to people familiar with the matter. Elliott and Starbucks' directors met last week to discuss the activist's settlement offer, said the people, who requested anonymity to discuss private matters freely. CNBC's David Faber reported Monday that settlement talks, if successful, could result in Elliott managing partner Jesse Cohn becoming a Starbucks director. Elliott has amassed a Starbucks stake valued at up to $2 billion, CNBC previously reported.

Persons: Laxman Narasimhan, JP Yim, Elliott, CNBC's David Faber, Jesse Cohn, Cohn, Howard Schultz Organizations: Asian American Foundation, Elliott Management, Starbucks, CNBC, Wall Street, Elliott, Texas, Southwest Airlines Locations: New York City, Salesforce, China

☆ Starbucks shares get a lift on one-two punch of activist moves. More upside should be ahead
▼ + stars: | 2024-08-12 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Activist involvement is heating up at Starbucks , increasing the likelihood that the coffee chain makes changes necessary to boost its languishing stock price. This one-two punch of activist news is sending shares of Starbucks higher by more than 2% Monday, to nearly $77 each. We upgraded our rating on Starbucks' stock to a buy-equivalent rating last month on hopes that Elliott's presence would lead to positive changes inside the company. Board seats aside, Elliott's exact plan to lift Starbucks' stock is not known. This is not the first time Elliott and Starboard have been in a Club stock at the same time.

Persons: Jeff Smith's, It's, John's, Elliott Management —, Jesse Cohn, Cohn, Satya Nadella, Elliott, Jim Cramer, Jim, That's, Laxman Narasimhan, Wells Fargo, Jim Cramer's, Beata Zawrzel Organizations: Street Journal, Olive Garden, Darden, CNBC, Microsoft, Starbucks, Club, Constellation Brands, Nurphoto, Getty Locations: China, North America, Salesforce, Krakow, Poland

☆ On paper the stock market should be great, not on a knife's edge. But that's the opportunity
▼ + stars: | 2024-08-11 | by ( Jim Cramer | ) www.cnbc.com time to read: +13 min

For example, this season started with the banks roaring higher on great numbers, legitimately great numbers led by a phenomenal Bank of America quarter. The later just made no sense because it is pulling away from Intel on the low end and if Nvidia really does have production problems then AMD is the de facto winner. In fact, the only stock that didn't suffer from an Nvidia relation, Apple, got through earnings without too much trouble. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: —, techs, We've, Warren Buffett, Buffett, industrials Eaton, Donald Trump, we've, execs, I've, Kamala Harris, Trump, Jim Cramer's, Jim Cramer, Jim, Rob Kim Organizations: Federal Reserve, of America, Bank of America, Club, Apple, Fed, SL Green, Boston Properties, Nvidia, Arista Networks, Micron, Dell, Hewlett Packard Enterprise, Devices, Intel, AMD, Accenture, Deloitte, McKinsey, White, Jim Cramer's Charitable, CNBC Locations: Lowe's

☆ Sequoia invests in Reflection AI, a startup founded by Google DeepMind alum, at $100 million valuation, sources say
▼ + stars: | 2024-08-07 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +4 min

Read previewReflection AI, a startup building AI agents, has raised new funding at a $100 million valuation, Business Insider has learned. AI agents promise to execute difficult tasks, like booking an appointment or updating Salesforce. Laskin conducted AI research at the Berkeley Artificial Intelligence Research Lab and most recently worked at Google DeepMind, the company's AI research lab. AdvertisementReflection isn't the only startup building AI agents. In June, Amazon hired away the cofounders of AI agent startup Adept, which raised more than $400 million in funding, and licensed its technology, reported GeekWire.

Persons: —, cofounders, Misha Laskin, Ioannis Antonoglou, DeepMind, Laskin, Anthropic's Claude, OpenAI's, Antonoglou, Ioannis Organizations: Service, Sequoia Capital, Sequoia, Business, Berkeley Artificial Intelligence, Google, Amazon Locations: DeepMind

☆ Starboard pushes Autodesk board to weigh CEO change, cost cuts
▼ + stars: | 2024-08-06 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

Activist investor Starboard Value has been engaging with the board of Autodesk , continuing its push to improve the company's operations and financial performance, according to a presentation viewed by CNBC. Starboard wants Autodesk's board to reassess whether CEO Andrew Anagnost, who has helmed the software maker for seven years, is the right person to lead the company forward, according to the presentation. The activist investor has shared the presentation's findings with Autodesk's board in recent weeks, after disclosing a $500 million stake in the company earlier this year. Starboard is also pushing for cost cuts and a realigned executive compensation plan, all of which it believes can drive margin improvement of up to 1,000 basis points. But Starboard has shown no signs of relenting, continuing to press the company and shareholders for change.

Persons: Andrew Anagnost, Anagnost, Dow Jones, Deborah Clifford, Jeff Smith Organizations: Autodesk, CNBC, GoDaddy Locations: Delaware, Salesforce

☆ Prosecutors used an AI tool to send a man to prison for life. Now the person who created it is under investigation.
▼ + stars: | 2024-08-06 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +18 min

But prosecutors had no direct evidence tying Black to the location of the murder, an Ohio appellate court later said. In many cases, prosecutors themselves don't even have access to the source code and haven't reviewed the underlying technology. Back in Akron, the judge in Rankin's case ordered the Cybercheck evidence excluded after prosecutors failed to turn over the source code. The Summit County Prosecutor's Office declined to comment when reached by BI. It's unclear how many others may be behind bars because of Cybercheck evidence that was never rigorously scrutinized.

Persons: Adarus Black, Black, Na'Kia Crawford, Crawford, Adam Mosher, Mosher, Cybercheck, Chris Ramsey, It's, That's, Donald Malarcik, Summit County who've, Javion Rankin, Tyraye Carter, Rankin, Malarcik, Eric Zale, Zale, Mr, Shara Munn, she'd, Freiheit, Meghan, Breck, Roesch, weren't, They've, who's, isn't, Phillip Mendoza, Kimberly Thompson, Brian James, Tyree Halsell, Mendoza, Mosher's, Steve Michniak, Michinaik, William Holland, Brian Stano, Katherine Long, Jack Newsham Organizations: Business, NBC News, Cybercheck, Prosecutors, Police, Fleming College, Technicians, Akron Police Department, University of Saskatchewan, Summit, Prosecutor's, BI Locations: America, Akron , Ohio, Ohio, Colorado , New York, Florida, New York, Philadelphia, Houston, Denver, Akron, Summit County , Ohio, Canada, Toronto, Summit County, Boulder , Colorado, New Brunswick, Calgary, Colorado, Nevada, Pennsylvania, Colorado , Ohio, East Akron , Ohio, Summit, Portage County, Lake Erie

☆ Activist Anson Funds may have spotted a huge opportunity for value in Five9
▼ + stars: | 2024-08-03 | by ( Kenneth Squire | ) www.cnbc.com time to read: +5 min

Business: Five9 provides intelligent cloud software for contact centers in the United States and internationally. It offers a virtual contact center cloud platform that delivers a suite of applications, which enables the breadth of contact center-related customer service, sales and marketing functions. Five9 is a cloud-based contact center software provider empowering clients with solutions for customer service, sales and marketing. It is a developer and provider of AI contact center solutions that augment or replace human beings often at more than double the price. As an independent company, Five9 has a tremendous opportunity for value.

Persons: Anson, Moez Kassam, Sagar Gupta, InContact, Five9, Mike Burkland, Ken Squire Organizations: Legion Partners, Nice, Five9, 13D Locations: United States

☆ OpenAI has been on a UK hiring spree and poached a key DeepMind researcher
▼ + stars: | 2024-08-01 | by ( Hugh Langley | ) www.businessinsider.com time to read: +3 min

Read previewOpenAI announced last June it would open a corporate office in London, marking the AI firm's first international expansion. When OpenAI announced its London expansion, it placed its first non-US office on the doorstep of Google's DeepMind, one of its biggest rivals in artificial intelligence. An analysis of LinkedIn data reveals that OpenAI has been on a UK hiring spree in recent months and has even poached a key player from DeepMind. AdvertisementLast year, Google combined its DeepMind unit with its core AI group to form the rebranded Google DeepMind. In April, OpenAI backer Microsoft announced it would also open a separate AI hub in London, upping the ante in the war for AI talent.

Persons: —, OpenAI, Google's, Thibault Sottiaux, Sottiaux, It's, OpenAI's Organizations: Service, DeepMind, Business, Meta, Google, Microsoft Locations: London, OpenAI, Dublin

☆ I quadrupled my Big Tech salary by changing jobs 8 times. I learned how to negotiate pay and when to walk away.
▼ + stars: | 2024-08-01 | by ( Robin Madell | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I recently left a role in Big Tech as a senior program manager at Figma, and I've previously worked at Meta, Pinterest, Intuit, and LinkedIn. In 2016, I pivoted to an account manager roleI more than doubled my salary at a tech startup in San Francisco. Next, I was interested in pivoting to a full-time program manager role, so I applied cold, interviewed, and landed an offer at LinkedIn. Here are the four strategies that were the most helpful to me in increasing my salary in Big Tech.

Persons: —, Jean Kang, San Francisco who's, It's, I've, I'm, Lauryn Haas Organizations: Service, Meta, Intuit, LinkedIn, Big Tech, Business, Facebook, Microsoft, Big Locations: San Francisco, Big, Pinterest, Figma, Big Tech, Salesforce, lhaas@businessinsider.com

☆ We're upgrading Microsoft after earnings. The stock has pulled back enough lately
▼ + stars: | 2024-07-30 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Microsoft delivered an overall strong quarter after Tuesday's market close, but a miss on Azure revenue growth put shares under pressure in extended-hours trading. Office Consumer Products and Cloud Services revenue grew 3% as Microsoft 365 Consumer subscriptions grew 10% to 82.5 million. Windows Commercial Products and Cloud Services revenue increased 11%, driven by demand for Microsoft 365. Despite the solid fiscal Q1 outlook for Intelligent Cloud revenue, management guided Azure's constant currency revenue growth to 28% to 29%. Microsoft CEO Satya Nadella speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.

Persons: We're, Satya Nadella, Nadella, Amy Hood, Hood, That's, Jim Cramer's, Jim Cramer, Jim, Jason Redmond Organizations: Microsoft, Revenue, Nvidia, Broadcom, Devices, AMD, Investors, Products, Cloud Services, Consumer Products, Dynamics Products, Enterprise Mobility, Activision, Windows, —, Xbox, Management, CNBC, AFP, Getty Locations: OpenAI, pare, Redmond , Washington

☆ Sybill raised a $11 million Series A to build an AI assistant for sales reps. Here's an exclusive look at the pitch deck it used.
▼ + stars: | 2024-07-30 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +4 min

AdvertisementSybill helps sales reps by recording every sales call and generating transcriptions and summaries for future reference. By consolidating information from these interactions, Sybill helps sales reps gain a clearer understanding of the customers' budget, stakeholders, and timeline. With Sybill, sales reps can automatically sync information, providing sales leaders with real-time visibility into deals. AdvertisementOther AI sales tools include Gong, an AI-powered revenue intelligence platform that raised $582.9 million, according to PitchBook. The company helps sales leaders forecast revenue and improve team productivity, targeting enterprise customers like ADP and Snowflake.

Persons: —, Gorish Aggarwal, Aggarwal, Nishit Asnani, Soumyarka Mondal, Mehak, salespeople, Sybill, They're, Slack, Gong Organizations: Service, Stanford, Business, Greycroft Capital, Neotribe Ventures, Powerhouse Ventures, Enterprise, Balto Software Locations: Salesforce, Avoma, Sybill

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