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☆ I cheated on an exam to boost my career in the tech industry. But now I think using 'exam dumps' is dangerous.
▼ + stars: | 2022-12-29 | by ( Rob Price | ) www.businessinsider.com time to read: +5 min

Early in their career, an anonymous tech worker used "exam dumps" to pass technical certifications. I didn't want to risk failing and having to pay for it all over again — so I cheated with "exam dumps." "Exam dumps" are basically answer keysThese are cheat-sheets with the answers to the exam questions and they're shared or sold online by others in the industry. I've used them, but I realize now that they're harmfulDespite, benefitting from exam dumps, I don't use them any more. I wouldn't want to use exam dumps again, in part because using dumps made me feel less confident about myself, and made earning the certification feel like less of an achievement.

☆ Tech is 'down but by no means out' — watch these stocks next year, fund manager says
▼ + stars: | 2022-12-29 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

It's been a bad year for tech companies, as investors flee growth stocks in the face of rising interest rates and other headwinds. Growth stocks, such as Big Tech, were an investor favorite in an era of low rates. That would depend on the "data points that come through" when companies report fourth-quarter earnings in the February to March period, tech fund manager Jeremy Gleeson of AXA Investment Managers told CNBC Pro Talks last week. Nevertheless, Gleeson said tech stocks are "down but by no means out." Earnings is a key metric in the tech sector, he said, adding that he prefers firms with strong balance sheets.

☆ CIOs Nominate Their Favorite Reads of 2022
▼ + stars: | 2022-12-28 | by ( Tom Loftus | ) www.wsj.com time to read: +9 min

Chief information officers, ever alert to any development in a field that only hurtles forward, largely reflected that alacrity in their choice of reading during 2022. PREVIEWChris Bedi, chief digital information officer, ServiceNow Inc. Photo: IBM Corp.Ron Guerrier, chief information officer, HP Inc. Photo: Cisco Systems Inc.Fletcher Previn, chief information officer, Cisco Systems Inc. Photo: Home Depot Inc.Fahim Siddiqui, chief information officer, Home Depot Inc.

☆ Tech fund manager backs these 2 software stocks will outperform in a recession
▼ + stars: | 2022-12-23 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Enterprise-software giants ServiceNow and Salesforce are set to be beneficiaries of a recession in 2023, according to tech fund manager Jeremy Gleeson. The two Silicon Valley giants sell software services that aim to make businesses' sales, customer service, and operational workflows more efficient. Gleeson, who manages the £1.1 billion ($1.5 billion) tech fund AXA Framlington Global Technology Fund, said both firms would benefit from companies looking to reduce costs during a recession by automating parts of their operations. Salesforce shares closed at $130 on Wednesday. JP Morgan analysts believe the company is set to outperform its peers despite the "worsening macro environment".

☆ Companies Strengthen Collections, Aim to Get Cash in the Door as Threat of Downturn Looms
▼ + stars: | 2022-12-21 | by ( Kristin Broughton | ) www.wsj.com time to read: +6 min

Companies are stepping up efforts to collect on their bills and get cash in the door, aiming to limit future write-offs ahead of a potential downturn. The company’s days of sales outstanding during the latest quarter declined to 67.3 days from 70.4 days during the prior period, according to S&P. Early in the pandemic, some companies extended payment terms to customers that needed funds to shore up liquidity to help navigate temporary lockdown measures. Everbridge said it aims to provide customers with payment terms that are mutually beneficial. ServiceNow’s days of sales outstanding during the third quarter fell to 44 days from 47.4 days a year earlier, according to S&P.

☆ How Silicon Valley and Madison Avenue are remaking the world of advertising
▼ + stars: | 2022-12-19 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +5 min

The Covid years led many organizations to finally understand just how important digital transformation was to their business future. But now, there's a rebalancing taking place in the advertising business, with firms merging the best of digital with the physical world of customer relationships that remains critical. But use of technology and greater emphasis on digital marketing has led firms like ServiceNow to find new and better ways to reach customers through a journey, so to speak. AI in advertisingAs digital immerses the world of marketing, it can be applied to physical events and that's something ServiceNow learned firsthand through a series of conferences it hosts. Look outside ad industryPark advises companies to look beyond his experience, or any advertising-specific case study, for new ideas.

☆ How the advertising business is changing in the current economy
▼ + stars: | 2022-12-19 | 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 EmailHow the advertising business is changing in the current economyMichael Park, chief marketing officer at ServiceNow, discusses major changes in the way companies advertise, with CNBC's Julia Boorstin during a CNBC CMO Exchange.

☆ Here are Morgan Stanley's top software stock picks for 2023
▼ + stars: | 2022-12-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

The difficult outlook for software stocks should continue into 2023, but companies offering growth at a reasonable price stand to gain and come out on top, according to Morgan Stanley. Software stocks suffered a dismal 2022 as rising interest rates brought down stocks with sky high price-to-earnings ratios. Despite ServiceNow's decline of more than 39% this year, Morgan Stanley's $612 price target implies more than 55% upside from Friday's close. Along with its top picks, Morgan Stanley named a host of stocks poised to benefit in any recovery. Morgan Stanley also included Toast and Datadog as stocks to build positions in as interest rates subside and growth improves.

☆ Carvana shares plummet after the open as bankruptcy concerns grow
▼ + stars: | 2022-12-07 | 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 EmailCarvana shares plummet after the open as bankruptcy concerns grow'Mad Money' host Jim Cramer and the 'Squawk on the Street' team discuss shares of ServiceNow, Carvana and more following the opening bell on Wednesday.

☆ Point solutions and on-premise software will not cut it in today's environment, says ServiceNow CEO
▼ + stars: | 2022-11-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPoint solutions and on-premise software will not cut it in today's environment, says ServiceNow CEOBill McDermott, ServiceNow CEO, joins 'TechCheck' to discuss the mixed signals about enterprise demand, how much work companies have to do with a customer to get the sales cycle compressed and more.

☆ Final Trades: ServiceNow, Devon Energy S&P Biotech & more
▼ + stars: | 2022-11-18 | 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 EmailFinal Trades: ServiceNow, Devon Energy S&P Biotech & moreThe "Halftime Report" traders give their top picks to watch for the second half.

☆ Cloud-Security Startup Lacework Taps New CFO as It Weighs IPO
▼ + stars: | 2022-11-17 | by ( Kristin Broughton | ) www.wsj.com time to read: +3 min

Cloud-security business Lacework Inc. on Thursday named a finance chief with public-company experience as the startup lays the groundwork for an eventual initial public offering. He has also held senior finance roles at technology companies ServiceNow Inc. and Hewlett Packard Enterprise Co. At Lacework, Mr. Casey succeeds Mike Staiger, who stepped down in June. Lacework has ample cash from last year’s fundraising round and likely won’t need more capital for at least a couple of years, Mr. Casey said. Additionally, Mr. Casey is helping Lacework adjust its pricing model, for instance by offering customers a wider range of functionalities and price points. Newsletter Sign-up WSJ | CFO Journal The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team.

☆ What Cramer is watching Thursday — rates may go much higher, promising tech, and mixed retail
▼ + stars: | 2022-11-17 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

Piper also likes Diamondback and Marathon , neutral on Club holding Coterra Energy (CTRA) and APA , formerly known at Apache. Multiple price target increases for Club holding TJX Companies (TJX). Canaccord starts Club holding Estee Lauder (EL) with a hold. Lowe's (LOW) price target raised to $253 per share from $248 at Piper, which liked the quarter. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Buy this stock poised to become one of the best 'growth stories' in software, Morgan Stanley says
▼ + stars: | 2022-11-17 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Morgan Stanley says investors should consider putting their money in ServiceNow , a software stock poised to become one of the best free cash flow growth stories in its sector. Analyst Keith Weiss named the stock a top pick, moving away from the bank's previous focus on Salesforce . Weiss cited ServiceNow's "best-in-class unit economics" and strong positioning among the reasons for the sentiment shift. Morgan Stanley's $520 price target suggests the stock could, however, gain 26% from Wednesday's close. "With current unit economics capable of supporting > 40% operating margins as growth slows, the combination of strong execution to a large (and growing) TAM with significant room for margin expansion should yield one of the best FCF growth stories in software," Weiss wrote.

☆ ServiceNow named Top Pick at Morgan Stanley
▼ + stars: | 2022-11-17 | 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 EmailServiceNow named Top Pick at Morgan StanleyThe "Halftime Report" traders debate the biggest analyst calls of the day.

☆ Here are Thursday's biggest analyst calls: Apple, Robinhood, Netflix, Target, TJX, McDonald's & more
▼ + stars: | 2022-11-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Thursday's biggest calls on Wall Street: Credit Suisse reiterates Apple as outperform Credit Suisse said its survey checks show iPhone Pro and Pro Max delivery delays. Deutsche Bank downgrades Target to hold from buy Deutsche downgraded Target after its earnings report on Wednesday and said it has "lower confidence." Piper Sandler upgrades Target to overweight from neutral Piper said Target is still "compelling" despite its latest quarterly report. " Bank of America reiterates Nvidia as buy Bank of America called Nvidia's third-quarter earnings results on Wednesday an "inflection" quarter. Bank of America reiterates Cisco as buy Bank of America said it's standing by Cisco after its earnings report on Wednesday.

☆ Top Morningstar strategist says stocks are undervalued by 15% and shares 6 favorites
▼ + stars: | 2022-11-15 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

With many stocks in a bear market, equities could be undervalued by 15%, according to Morningstar's chief U.S. strategist. Dave Sekera told CNBC last week that markets are overestimating the impact of inflation on the U.S. economy, leaving many stocks below their fair value. The S & P 500 rallied 5.9% last week for its best week since June , although stocks fell slightly Monday. It gives Zimmer Biomet 51.4% potential upside, Amazon upside of 48%, Salesforce 52% upside, ServiceNow upside of 57%. Morningstar analysts also believe 3M is a "cheap stock" trading at $133 and expect shares to rise by 37.6% to $183.

☆ Chase Coleman's Tiger Global adds to oversized bets on software and Big Tech stocks
▼ + stars: | 2022-11-14 | by ( Jesse Pound | ) www.cnbc.com time to read: +1 min

Chase Coleman's Tiger Global Management continued to grow positions in software and Big Tech during the third quarter after a rough start to the year, according to securities filings. The fund also added significantly to several positions during the third quarter, including Alphabet , DataDog , Workday and Li Auto . Tiger has nearly $11 billion in long equity positions, according to a CNBC calculation. Tech stocks struggled again during the third quarter, with the iShares U.S. Technology ETF falling 8.2%. Tiger's notable exits during the quarter included ProCore Technologies , XPeng , Monday.com and 1Life Healthcare .

☆ If you want to land a job or get a raise in the tech industry, you have to past a test — and pretty much everyone is cheating on the exams
▼ + stars: | 2022-11-14 | by ( Rob Price | ) www.businessinsider.com time to read: +18 min

It was one in a long line of tech certifications that Bill freely acknowledges he earned, at least in part, by cheating. And he's far from alone: In the tech industry, it's an open secret that there are thousands, if not millions, of cheaters just like Bill. The rise of exam dumps for tech certifications could have devastating consequences. But the cheating is clearly having a corrosive effect on the tech industry, particularly the hiring process. But the perception that workers from poorer countries are more likely to be cheaters can also fuel racism against foreign-born tech workers.

☆ BigID: 2022 Top Startups for the Enterprise
▼ + stars: | 2022-11-07 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +1 min

All companies are now digital enterprises, regardless of sector, but for many years, data wasn't being managed in the best way possible for the privacy era. BigID's data intelligence platform is used by clients to proactively discover, manage and protect regulated, sensitive and personal data across their data landscape. Using machine learning and data, BigID can address data privacy, security and governance challenges across all different types of data for clients ranging from financial services to healthcare. The company, which raised $100 million in its Series D funding round that valued it at $1.25 billion, has investors that include ServiceNow , Hewlett Packard Enterprise , Salesforce , SAP and Splunk . The 2022 Top Startups for the Enterprise list is powered and inspired by the members of CNBC's Technology Executive Council (TEC).

☆ Forethought: 2022 Top Startups for the Enterprise
▼ + stars: | 2022-11-07 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +1 min

Forethought, founded by alumni of Dropbox , Palantir and Autonomy in 2017, is a customer service AI platform that predicts and prioritizes service requests, and helps human agents access the data they need to resolve tasks fast. With the volume of customer service queries spreading across industries and digital platforms, Forethought says its approach "goes beyond an AI chatbot" using data analysis of past cases as well as sentiment analysis to reduce wait times ands backlog, and move more customers into a self-service resolution. The company announced a $65 million Series C funding round in December 2021 and has raised $92 million to date. Celebrities such as Gwyneth Paltrow, Ashton Kutcher, Robert Downey Jr. and LL Cool J have invested in Forethought's technology. Additional investors include Steadfast Financial, NEA, Sound, Geodesic Capital and K9 Ventures, among others.

☆ Harness: 2022 Top Startups for the Enterprise
▼ + stars: | 2022-11-07 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +1 min

Co-founder Jyoti Bansal sold his first company AppDynamics to Cisco for $3.7 billion and just six years later he has brought Harness up to its own $3.7 billion valuation as of its last fundraising in April. Every company is now a software company and with that digital transformation come issues of constant code fixes and cyber vigilance. The aim of Harness is to provide an estimated 27 million software developers globally the ability to create and send code to end users faster, more efficiently, and securely. Key cloud integrations include Google Cloud, AWS and Microsoft Azure. The 2022 Top Startups for the Enterprise list is powered and inspired by the members of CNBC's Technology Executive Council (TEC).

☆ Workato: 2022 Top Startups for the Enterprise
▼ + stars: | 2022-11-07 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +1 min

CEO Vijay Tella built Workato to close a big gap his team saw in the modern enterprise. While business apps became simpler, faster and cheaper, the integration across these apps remained complex and expensive. Workato transforms automation across enterprises with a single platform for data, apps and processes, allowing them to evolve from complex and fragmented architectures of the past. The company differentiates its service by pitching easy-to-use, patented machine learning technology that can be used by both business and IT departments. The 2022 Top Startups for the Enterprise list is powered and inspired by the members of CNBC's Technology Executive Council (TEC).

☆ Cramer: Why tech can't find a bottom as other parts of the market show signs of life
▼ + stars: | 2022-11-06 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

The Carvana and Zillow calls aren't resonating because the autos and housing companies have already seen their stocks crushed. At the same time, these once-thriving tech companies that saw an ever-expanding funnel somehow didn't seem to see any of this coming. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. 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.

☆ Stocks making the biggest moves midday: Starbucks, Twilio, Carvana, DoorDash and more
▼ + stars: | 2022-11-04 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Check out the companies making the biggest moves midday:Starbucks — The Seattle-based coffee company jumped nearly 9% after reporting quarterly profit and revenue that topped expectations. Block — Shares jumped 10% after the mobile payments company surpassed profit and sales expectations in its third-quarter results. Block reported earnings of 42 cents per share on revenue of $4.52 billion. Coinbase — The stock jumped 3% after the company reported better-than-expected user numbers, even as Coinbase reported a miss on profit and sales expectations. The company reported earnings that topped expectations on Thursday.

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