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Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Salesforce was having a strong session as well, taking in stride the late-day Wall Street Journal report that Disney will no longer use Salesforce-owned Slack after a data hack. 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. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.
Persons: Jim Cramer, Dow, Jim Cramer's, Lisa Su, Salesforce, Slack, Procter & Gamble, Jim Organizations: CNBC, Federal Reserve, Nasdaq, Tech, Devices, Journal, Disney, Barclays, Treasury, Procter, Fed, FedEx, Jim Cramer's Charitable Locations: Procter &
The US Air Force released a video showing the B-21 Raider stealth bomber taking off and landing. The force's newest bomber took its first flight last fall and is in production. AdvertisementThe US Air Force released the first footage of its new stealth bomber taking off and landing during flight testing. The testing marks a monumental moment for the B-21 Raider, which is shaping up to replace the branch's older bombers and become "the backbone" of its "flexible global strike capability," the Air Force said. The video was released Wednesday alongside the B-21 Update panel at the 2024 Air, Space and Cyber Conference by the Air and Space Forces Association.
Persons: Organizations: US Air Force, Raider, Pentagon, Service, Air Force, Conference, Air and Space Forces Association, Business
The news comes less than a year after a deadly November CV-22 Osprey crash in Japan that claimed the lives of eight airmen. AdvertisementJapan Ground Self-Defense Forces soldiers disembark from a V-22 Osprey aircraft. Debris believed to be from a US military Osprey aircraft is seen in waters off the coast of Yakushima Island. The cause of the Japan crash was determined to be the fracturing of a high-speed planetary pinion gear in the aircraft's prop rotor gearbox. US Air Force photo/Senior Airman Christopher CallawayThe Gundam 22 crew did press on after the chip burn lights and did not violate their training.
Persons: , Michael Conley, that's, We've, Conley, YUICHI YAMAZAKI, Military.com, Jeffrey Hoernemann, Eric Spendlove, Luke Unrath, Terrell Brayman, Zachary Lavoy, Jake Turnage, Brian Johnson, Jake Galliher, Carl Chebi, NAVAIR, we've, Bell, Christopher Callaway, AFSOC, Amber Sax, John Sax, Sax, Konstantin Toropin Organizations: Service, Special, Command, Air, Space Force Association, Business, Defense Forces, Getty, Naval Air Systems Command, Program, Ospreys, Air Force, Osprey, Japan Coast Guard, AP, Air Force Special Operations Command, Tech, Staff, Pentagon, Bell, Boeing, US Air Force, Gundam, Marine Corps Locations: Washington, Japan, Yakushima Island, California
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDisney is gearing up to stop using the messaging platform Slack, causing apparent grumblings in some corners of the company. Some of the workers complained about an apparent plan to transition to Microsoft Teams, a Slack rival, according to the screenshots. Read the full memo from Disney's CFOFellow Employees and Cast Members, Collaboration is at the heart of our employee culture. Our technology teams are now managing the transition off Slack by the end of Q1 FY25 for most businesses, with DX and more complex use cases following in Q2 FY25.
Persons: , Slack, Hugh Johnston, Oliver Darcy, Disney's Slack, Hugh, they'd Organizations: Service, Business, Disney, Wired, Street Journal, Microsoft Teams, Microsoft
In those ancient times, tech companies embraced remote work as an unstoppable innovation revolution. Remote work benefitsRemote work supports a more diverse employee base by helping companies hire more easily in different locations. In December, she described a study that found collaborating in person produced more breakthroughs than remote work. The truth is that in-office work is a shibboleth. But Benioff is at least admitting the reality of how employees work in the modern world.
Persons: , Marc Benioff, they're, Andy Jassy, Insider's Aki Ito, Jassy, Goldman Sachs, David Solomon, Solomon, James Hamilton, he'd, I've, it's Organizations: Service, Amazon, Business, Google, Jassy's AWS, BI, Employees, Hamptons, Bloomberg, Fortune, Starbucks, Staff Locations: Seattle, Hawaii
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer urged people to be patient once the Fed's decision arrives at 2 p.m. 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, Jim, Salesforce, Agentforce, Mark Benioff, Brian Niccol, General Mills, Jim Cramer's Organizations: CNBC, Nvidia, Bank of America, Starbucks, VF Corp, Resmed, Marriott International, Alaska Air Locations: China
Gavin Newsom is concerned about the state's controversial AI bill. The governor told a conference he's concerned about a potential "chilling effect" on AI development. Go to newsletter preferences Thanks for signing up! Gavin Newsom is concerned about the state's controversial AI bill. During an appearance at Salesforce's Dreamforce event in San Francisco on Tuesday, the governor said he was concerned about a potential "chilling effect" on AI development the bill could cause.
Persons: Gavin Newsom, Newsom, , didn't Organizations: Service, Bloomberg, Business Locations: California, San Francisco
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSalesforce's Chief Information Officer's journey as a Hispanic AmericanSalesforce exec Juan Perez says the United States is a country of opportunity.
Persons: Juan Perez Locations: American, United States
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI to play a big part in Salesforce's future as its growth continues to slowCNBC's Deirdre Bosa joins 'Money Movers' to explain how Salesforce is changing its tune on AI.
Persons: Deirdre Bosa
Employers know that prioritizing employee wellbeing is the right thing to do, but there are also business benefits. Investing in work wellbeing does more than improve employee morale — it can also drive tangible business benefits. Oxford recently analyzed Indeed's work wellbeing dataset and highlighted a strong correlation between company wellbeing and business performance. Moreover, the Indeed-Oxford research reveals the long-term business benefits of prioritizing employee wellbeing. Indeed further strengthened the business case for work wellbeing with the launch of the Work Wellbeing 100, an index ranking the top 100 publicly traded companies by their Indeed Work Wellbeing Score.
Persons: Russell, — LaFawn Davis, Davis Organizations: Oxford, University of Oxford, Nasdaq, Forrester Research, Companies, Insider Studios Locations: Oxford, millennials
"Our doctors and our nurses are just way burnt out after the pandemic," Benioff said. Agentforce is a platform meant to automate certain functions, and Benioff has previously described how it helps clients like ADP , OpenTable, Wyndham and Wiley . Benioff claimed that Agentforce's capabilities are more advanced than other automated customer services functions that can lead to frustration. "We can make those customers successful with their customers in these incredible new ways," he said. "And it's so much more than just — go away with the 'hit one for sales, hit two for service, hit three for marketing.'
Persons: Marc Benioff, CNBC's Jim Cramer, Benioff, Wiley, Agentforce Locations: San Francisco, Wyndham
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSlowinski: Oracle's cloud growth is strong, while Salesforce and Workday face weaker demand. Stefan Slowinski, Global Head of Software Research at BNP Paribas, believes Salesforce's Dreamforce event, despite its significance, won't significantly impact the stock due to ongoing uncertainty in its AI strategy and leadership changes.
Persons: Stefan Slowinski, Salesforce's Organizations: Software Research, BNP
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Muted session: U.S. stocks were flat Tuesday after the S & P 500 briefly made a new all-time high in the session. 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, hasn't, We're, Marc Benioff, Mills, Jerome Powell, Jim Cramer's, Jim, Kevin Mohatt Organizations: CNBC, Procter, Procter & Gamble, Jim Cramer's Charitable, U.S . Federal, Federal, Committee Locations: Procter &, San Francisco, Washington , U.S
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhile AI has taken the market by storm, it hasn't taken the economy by storm, says Jim Cramer'Mad Money' host Jim Cramer looks at the latest AI innovations out of Salesforce's annual conference.
Persons: hasn't, Jim Cramer
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJim Cramer recaps the latest out of Salesforce from its Dreamforce Conference'Mad Money' host Jim Cramer looks at the latest AI innovations out of Salesforce's annual conference.
Persons: Jim Cramer Locations: Salesforce
Salesforce CEO Marc Benioff touts company's pivot to AI agents
  + stars: | 2024-09-17 | by ( ) 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 EmailSalesforce CEO Marc Benioff touts company's pivot to AI agentsCNBC's Deidre Bosa joins 'The Exchange' with details about Salesforce's AI efforts.
Persons: Marc Benioff, CNBC's Deidre Bosa
The week before, Broadcom had allegedly disappointed, causing Nvidia , the inevitable key to this market, to continue its descent. Which brings me back to the initial concept of the big declining week followed by the big advancing week. A good week for Kamala Harris turns out to be a big week for Nextracker — and that's really it for now. 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: Larry Ellison, Ellison, Cerner, Ellison's, Eaton, Jensen, Bing, Microsoft's Bing, underinvesting, Huang, Blackwell, Dupont, Kamala Harris, Nextracker, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Nasdaq, Federal, Broadcom, Nvidia, Oracle, Marvell, Meta, Microsoft, Google, mightily, Street, Fed, Dreamforce, downer, Adobe, JPMorgan, Healthcare, pharma, Jim Cramer's Charitable, CNBC Locations: Silicon Valley, San Francisco
Read previewThe US Army rapidly deployed weapons and soldiers out to the far tip of Alaska in a sudden show of force. Advertisement11th Airborne Division soldiers orient a Q-53 Radar on Shemya Island on September 13, 2024. Related storiesThe Alaska Air National Guard and the Air Force transported the various weapons and assets. 1st Multi-Domain Task Force soldiers set up communication systems for the M142 High Mobility Artillery Rocket System on Shemya Island on September 12, 2024. Advertisement11th Airborne Division soldiers previously told BI that the difficulties of fighting in the unforgiving Arctic prompt them to adapt and innovate in real time.
Persons: , Joseph Hilbert, Hilbert, we've, Brandon Vasquez, Brandon Vasquez Hilbert, that's, Charles A, Flynn, Hunter, Vladimir Putin Organizations: Service, US Army, Business, 11th Airborne Division, US Army Pacific, Airborne Division, US, Spc, High Mobility Artillery, Lewis, McChord, Alaska Air National Guard, Air Force, Domain, Force, Artillery, U.S, Army, . Air Force, Hunter, Airborne, Pacific, US Army Pacific's, Pacific Multinational Readiness, Joint Base Elmendorf Locations: Alaska, North, Russia, China, Pacific, Washington, Hawaii, Ukraine, It's, Alaska's, Northern, Shemya, . Alaska, Richardson , Alaska, Europe, Asia, Beijing, Moscow
LONDON — Two alleged art thieves will appear in court in London next month accused of stealing “Girl With Balloon,” a famous painting by the mysterious British street artist Banksy. Larry Fraser, 47, from east London, and James Love, 53, from Essex, were both charged with non-residential burglary and placed in police custody on Thursday. The artwork — which shows a little girl letting go of, or perhaps reaching out for, a heart-shaped balloon — was stolen from a gallery in central London on Sept. 8 at 11:00 p.m, police said. The painting was the only item stolen and police said it had been recovered and would be returned to the gallery. The latest artworks from Banksy were a series of animal paintings dotted around London last month.
Persons: Banksy, Larry Fraser, James Love Organizations: London's Metropolitan Police, force's, Wimbledon, Kingston Crown, Bank, West Bank, Banksy Locations: London, London's, Essex, Kingston, Bristol, Israel's
Read previewSpaceX just launched four people on its most daring human spaceflight yet, a mission called Polaris Dawn. Jared Isaacman, mission commanderJared Isaacman at SpaceX in Hawthorne, California. Anna Menon, mission specialist and medical officerAnna Menon is Polaris Dawn's mission specialist and medical officer. Before joining SpaceX, Menon worked at NASA and helped oversee International Space Station operations as a biomedical flight controller. Scott "Kidd" Poteet, mission pilotScott "Kidd" Poteet is the pilot of the Polaris Dawn mission.
Persons: , They're, Jared Isaacman, bankrolling, SpaceX's, Isaacman, Richard Branson, Jeff Bezos, He's, he's, Jude Children's, Jude, it's, Monica Isaacman, Sarah Gillis, John Kraus, Gillis, Joe Tanner, Tanner, She's, Lewis, Polaris Dawn, Anna Menon, Joe Skipper, Menon, Anil, James, Grace, Anna, Scott, Kidd, Poteet, Scott Poteet Organizations: Service, SpaceX, NASA, Apollo, Business, Draken, Messaging, Polaris, St, Jude Children's Research Hospital, Hubble, New York, Polaris Program, Denver Post, Space, Jude Children's Research, Reuters, he's, US Air Force, US Air Force's Thunderbirds, Spectrum News, Air Force, Polaris Dawn, UNH Locations: Hawthorne , California, Shift4, New Jersey, Boulder , Colorado, Houston, Space City, Monument , Colorado
Recent reports have said that the US is deciding whether to transfer AGM-158 Joint Air-to-Surface Standoff Missiles, or JASSMs, to Ukraine. These high-profile weapons would give Kyiv a significantly farther strike range than any other Western munitions it has in its arsenal. As is, it still restricts the country from using its powerful US-provided tactical ballistic missiles to strike military targets inside Russia. A US Air Force F-16 before releasing a Joint Air-to-Surface Standoff Missile. With that range, JASSMs would also surpass the range of ground-launched US-provided MGM-140 Army Tactical Missile Systems, also known as ATACMS, which have the longest reach of any munition Washington has sent Kyiv so far.
Persons: , Biden, JASSMs, hasn't, Lockheed Martin, they've, Aaron Hill, Mike Torrealday, Vincent Aiello Organizations: Service, Business, Politico, Reuters, Pentagon, DoD, US Air Force, Squadron, Lockheed, MGM, Tactical Missile Systems, Washington, Kyiv, Aaron, West, Former, Ukraine, Navy, Russia Locations: Ukraine, Russia, Kyiv, Britain, France, Russian, Crimean, Washington, Former American
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
US Air Force photo illustration by Staff Sgt. The Air Force needs new missiles, new bombers, and new fighters — but is struggling to pay for them allThe B-21 Raider in flight at Edwards Air Force Base, California. Cultural inertia in the fighter businessUS Air Force fighter aircraft fly in formation. A rendering of a future crewed next-generation air dominance aircraft by the US Air Force Research Laboratory. Nonetheless, for a cash-strapped Air Force, this would be a significant challenge.
Persons: David Allvin, Parth Satam, Allvin, Madeline Herzog, that's, it's, Will Roper, I'm, Charles, CQ, Brown, Preston Cherry, America's, Lockheed Martin, Northrop Grumman, Marine Corps Lockheed Martin, Peter Nicholls, , Danielle Purnell, Frank Kendall, Tom Williams, Will Roper's, Kendall —, I've, Kendall, there's, Northrop Grumman's, Roper, Giancarlo Casem, today's, they've, wouldn't, John Raven, James M, Holmes, we've Organizations: Service, senior Air Force, Air Force, Global Air, Space Chiefs, Conference, UK's, Space Power Association, Business, Fighter, US Air Force, Force, American, Next, Sabre, Convair, Delta Dart, Rand Corporation, National Museum of, Staff, Joint Chiefs, Raptors, Royal Norwegian Air Force, Senior, Boeing, Lockheed, US, Marine Corps Lockheed, Royal International Air, Reuters, Getty, Capitol, Raider, Air, Edwards Air Force Base, DARPA, USAF, III, America, Minuteman, Sentinel missile, Pentagon, Lockheed Martin Aeronautics Company, Sentinel, Defense, Tech, Combat Command, US Air Force Research Laboratory, Sandboxx Locations: London, American, Fairford, Britain, Fort Worth, California, United States, Soviet Union, Marietta , Georgia, America, Europe
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
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:
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