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☆ Read the Q&A guideline Amazon shares with managers on how to answer pay-related questions from employees
▼ + stars: | 2023-04-18 | by ( Eugene Kim | ) www.businessinsider.com time to read: +23 min

To prepare managers to discuss pay with employees, Amazon shares a lengthy Q&A guideline that addresses some of the most pressing questions, according to internal documents obtained by Insider. This includes base pay, variable pay, other cash, and equity in the form of Restricted Stock Units (RSUs) or stock. A: We plan employee's total compensation in outlook years. Q: Why am I positioned at XX in my pay range and how can I increase my pay? Clearly and directly explain the reason there was no base pay increase:"Employee A, you are at the base pay max."

☆ Internal guidelines show how Amazon wants managers to address employee concerns about pay as the value of its stock awards crumbles
▼ + stars: | 2023-04-18 | by ( Eugene Kim | ) www.businessinsider.com time to read: +8 min

Amazon employees have lost more than 30% on stock awards they got last year. Even CEO Andy Jassy saw his 2022 realized compensation drop 25% because of the stock price decline. Amazon wants its managers to stress the "long-term" value of stock and "ownership" of work during annual employee compensation reviews that started earlier this month. That price is based on a 30-day trailing average stock price. If an employee disagrees with their pay, managers are to have an "open discussion" and determine whether an adjustment is necessary.

If you're looking for where to buy the RTX 4070 today, we're here to make your search much easier. Check RTX 4070 stock now: USA | UKIn the world of PCs, there are few products more valuable than an Nvidia RTX graphics card. Take a look below to see links to stores to where we'll be looking out for RTX 4070 stock. Once it releases on April 13, you'll be able to buy a GeForce RTX 4070 from a variety of electronics stores, including Best Buy and B&H Photo Video. Every RTX 4070 purchase also comes bundled with a free Overwatch 2 Ultimate Battle Pass, and 1,000 Overwatch 2 coins.

☆ A gaming historian talked to us about the last 2 decades of the industry. Here's what he's seen change.
▼ + stars: | 2023-04-12 | by ( Sponsor Post | Created Insider Studios With Dell Technologies | ) www.businessinsider.com time to read: +6 min

From the beginning, said Goyanes — an official Alienware brand historian — "our founders were gamers" who "took insights from gamers very, very seriously." Yet when Goyanes began working for Alienware, social media was in its infancy. But mostly, he stresses, gamers today are a diverse community. "What you can do with lighting, I think it's certainly the best thing we've ever released on a gaming laptop in our entire history," Goyanes said. Learn more about the new Alienware x16 Gaming Laptop.

☆ Wall Street sees a semiconductor industry bottom coming. Here's how we're playing the stocks
▼ + stars: | 2023-04-12 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

NVDA AMD YTD mountain Nvidia vs. AMD year to date So, the question now is: Can the rally in semis continue? To help us read the tea leaves, here's a look at what Wall Street analysts are saying about the underlying fundamentals of the industry. Evercore said a "fundamental bottom" for the semiconductor industry currently playing out in March and April "has only strengthened" recently. Analysts there believe the inventory correction that's plagued the industry in recent quarters will be largely complete by the second quarter. Bottom line While there's some variation on timing, Wall Street clearly believes a bottom is in the process of playing out in the semiconductor industry.

☆ New Normal for PCs Looks Worse Than the Old One
▼ + stars: | 2023-04-11 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/new-normal-for-pcs-looks-worse-than-the-old-one-deb0ca1e

☆ Global PC shipments slide in Q1, Apple takes biggest hit - IDC
▼ + stars: | 2023-04-10 | by ( ) www.reuters.com time to read: +2 min

In the report published Sunday, the International Data Corporation (IDC) said global PC shipments numbered 56.9 million in the first quarter of this year, down from 80.2 million in the same period last year. Of the top five PC companies analysed in the report, Apple's Q1 shipments saw the largest drop of 40.5% from the same period in 2022, with Dell Technologies Inc (DELL.N) coming in second with a drop of 31%. Lenovo Group Ltd (0992.HK), Asustek Computer Inc (2357.TW) and HP Inc (HPQ.N) also faced declines in shipments, the IDC said. In February, Apple reported that sales of its Mac computers, which had boomed during the wave of working from home during the pandemic, declined 29% YoY to $7.7 billion in their most recent quarter. Shipment volume in Q1 2023 was noticeably lower than the 59.2 million units shipped in Q1 2019 and 60.6 million in Q1 2018," IDC said.

☆ Wall Street is looking at the positive side of Samsung’s 96% profit drop, production cuts. Here's why
▼ + stars: | 2023-04-10 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Samsung's plan to cut memory chip production signals a potentially sooner-than-expected recovery for the broader memory chip market, according to Wall Street. Investors seemed to laud the news, sending shares of Micron Technology and Western Digital up about 8% each on Monday. Citi analyst Christopher Danely called the news a "huge positive" for the dynamic random access memory, or DRAM, industry. But while the cuts from Samsung should help ease some pricing pressures, caveats persist, with Morgan Stanley's Joseph Moore expecting a "fairly muted" upturn from the production cuts and slow margin recovery even in 2024. "Investors are much more excited than industry contacts around this, given obvious green shoots implied from production cuts," he wrote.

☆ Demand for Apple computers has dropped 40% since last year
▼ + stars: | 2023-04-10 | by ( Will Gendron | ) www.businessinsider.com time to read: +2 min

A recent International Data Corporation report outlined global PC shipment data from Q1 of this year. Demand has dropped across the industry, with a 29% decrease compared to last year. Apple, in particular, has suffered from a 40.5% drop off in demand for its computers. Among the five biggest manufacturers, Apple was impacted the most: The number of Apple PCs shipped dropped 40.5% from the first quarter of 2022 to the first quarter of 2023. Global shipments include shipments to end users and distribution channels, like BestBuy and other electronics retailers.

☆ Chip stocks posted their best quarter since 2020. What's next for the sector and why the rally may fade
▼ + stars: | 2023-04-06 | by ( Samantha Subin | ) www.cnbc.com time to read: +8 min

Chip stocks made a breathtaking comeback in the first quarter, but don't be surprised if the rally gives up some of its gains, investors warn. The semiconductor sector on Friday wrapped up its best quarter since 2020 as investors rotated back into the downtrodden industry, with names like Nvidia notching its best quarterly stretch since 2001. The recent tear in semiconductor stocks brings the sector into overbought territory versus non-financial cyclicals, said Credit Suisse's Andrew Garthwaite in a recent note. Like many investors, Niles views Nvidia as a dominant AI play despite its rich valuation . While the stock's given those gains, many investors viewed the print as a sign of a bottom.

The Roku Plus Series QLED 4K TV is the flagship model in Roku's first lineup of in-house TVs. Now the company is taking on those same partners by building its own in-house Roku TVs, including the new flagship Roku Plus Series QLED. As you might guess, Roku's Plus Series feels strikingly familiar inside and out. Roku 65-inch Plus Series 4K QLED TV Roku's new Plus Series is one of the company's first in-house smart TVs. The Roku Plus Series TV delivers solid performance, but it's not worth buying at full price.

☆ Samsung quarterly profit set to hit 14-year low amid chip glut
▼ + stars: | 2023-04-04 | by ( Joyce Lee | ) www.reuters.com time to read: +3 min

Samsung, the world's biggest maker of memory chips, TVs and smartphones as of 2022, is a bellwether for global consumption trends. Operating profit likely fell to 1.08 trillion won in the quarter ended March 31, according to a Refinitiv SmartEstimate from 27 analysts, weighted toward those who are more consistently accurate. That is lowest since a 590 billion won profit in the first quarter of 2009, according to company data, and compares with an operating profit of 14.12 trillion won last year. In February, Samsung Electronics said it planned to borrow 20 trillion won from unit Samsung Display to use as operational funds until August 2025. Operating profit at Samsung's mobile business likely fell by 9% to 3.46 trillion won in the March quarter, an average of seven analyst estimates showed.

☆ India has big manufacturing plans. Goldman names 2 global stocks to benefit — giving one 60% upside
▼ + stars: | 2023-03-30 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

The investment bank called the plan, known by its Production-Linked Incentive Schemes, as a "substantial opportunity" for Greater China tech firms. The initiative incentivizes foreign companies to start manufacturing in India and encourages local firms to expand their production and exports there. Goldman said tech represents more than half of the opportunity. Under the IT hardware initiative, for instance, Greater China tech firms represent 76% of potential capital expenditure contribution. Stock picks Goldman named two buy-rated stocks that it said stand to benefit from India's big manufacturing plans.

☆ Jim Cramer's top 10 things to watch in the stock market Wednesday: Stock pop, retailers, AI caution
▼ + stars: | 2023-03-29 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

UBS shuffles retailers: Ross Stores (ROST) to sell; Burlington (BURL) to sell; Club name Foot Locker (FL) to sell. Apple Pay Later allows four payments over six weeks. Users can apply for Apple Pay Later loans of between $50 and $1,000. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

☆ Here's our March rapid-fire update on all 36 stocks in Jim Cramer's Investing Club portfolio
▼ + stars: | 2023-03-28 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +13 min

Here's a rapid-fire update on every stock in the CNBC Investing Club portfolio. But importantly, the chipmaker has joined Apple in rarified air, becoming an "own it, don't trade it" stock for the Club. The company's business can withstand an economic slowdown and benefits from a weaker U.S. dollar because of its large international presence. 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.

OAKLAND, California, March 28 (Reuters) - Artificial intelligence chip startup Cerebras Systems on Tuesday said it released open source ChatGPT-like models for the research and business community to use for free in an effort to foster more collaboration. Silicon Valley-based Cerebras released seven models all trained on its AI supercomputer called Andromeda, including smaller 111 million parameter language models to a larger 13 billion parameter model. Cerebras said the smaller models can be deployed on phones or smart speakers while the bigger ones run on PCs or servers, although complex tasks like large passage summarization require larger models. Most of the AI models today are trained on Nvidia Corp's (NVDA.O) chips, but more and more startups like Cerebras are trying to take share in that market. The models trained on Cerebras machines can also be used on Nvidia systems for further training or customization, said Feldman.

☆ Over 100,000 UK civil and public servants to strike in late April -union
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +1 min

LONDON, March 27 (Reuters) - More than 100,000 British civil and public servants will join another all-out strike on April 28, in a long-running dispute with the government over pay, pensions, redundancy terms and job security, Britain's Public and Commercial Services (PCS) union said on Monday. The union said 133,000 civil and public servants will take part in the April 28 strike, with workers in the Passport Office continuing on strike into early May. "It means civil and public servants will be taking strike action from today until the end of April, with workers in the Passport Office on strike for five weeks until May 6," the PCS union said in a statement. “Our members are not backing down in this dispute," PCS General Secretary Mark Serwotka said. Reporting by Muvija M; writing by Farouq Suleiman; editing by Mark Heinrich and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Factbox: Strikes, protests in Europe over cost of living, pay and welfare
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +2 min

[1/4] A tram driver walks at a tram storage facility during a nationwide strike called by the German trade union Verdi over a wage dispute, in Bonn, Germany, March 27, 2023. REUTERS/Jana Rodenbusch =March 27 (Reuters) - European countries are experiencing a wave of strikes and protests due to high energy prices, a wider rise in living costs, and in France an increase in the retirement age. * Employees are pressing for higher wages to blunt the effects of inflation, which reached 9.3% in February. BRITAIN* The British government is engaged in pay disputes across several sectors as workers demand higher wages to keep pace with surging inflation, with strikes in schools, on railways and in hospitals taking place on a regular basis. * Security staff at London's Heathrow Airport have voted to strike for 10 days, trade union Unite said.

☆ These are the three most disliked Dow stocks by Wall Street analysts
▼ + stars: | 2023-03-26 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

With the market experiencing outsized swings, investors may want to stay away from stocks disliked by analysts, at least in the near term. The Dow Jones Industrial Average gained 1.2% last week. .DJI 5D mountain Wild week for the Dow Given this backdrop, CNBC Pro set out to find the most disliked Dow stocks by analysts. The average price target on the stock implies upside of roughly 15%, but the stock has fallen 15.7% year to date and is the worst-performing Dow stock in 2023. Analysts on average rate the stock a hold, with more than 12% of them assigning it a sell rating.

☆ Thousands of UK civil servants to strike from April 11
▼ + stars: | 2023-03-24 | by ( ) www.reuters.com time to read: 1 min

March 24 (Reuters) - More than 3,000 British civil servants across four government departments will strike from April 11 in a dispute over pay, pensions and job security, the Public and Commercial Services (PCS) union said on Friday. "They demand the government holds meaningful talks with us and puts some money on the table to give them a decent pay rise," PCS General Secretary Mark Serwotka said. The action will affect the Department of Environment, Food & Rural Affairs (Defra), Forestry Commission, Rural Payments Agency and Marine Management Organisation, the union added. Reporting by Radhika Anilkumar in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.

☆ These tech giants are still making money, but layoffs are coming hard and fast
▼ + stars: | 2023-03-24 | by ( Sheila Chiang | ) www.cnbc.com time to read: +4 min

Here are some of the more prominent global tech firms that have axed staff despite earning big money. 30 despite a "dynamic environment," CEO Satya Nadella said in the tech giant's annual report. Despite that, Microsoft announced in January that it's laying off 10,000 workers as the firm braces for slower revenue growth. The enterprise software company also returned to positive operating profit growth of 2%. However, SAP announced in January that it's cutting up to 3,000 jobs, as the leadership seeks to steer the company toward double-digit profit growth in 2023.

Xbox Game Pass vs. PlayStation Plus: GamesHorizon: Forbidden West is the latest high-profile game to hit PlayStation Plus. Horizon Forbidden West / SonyThe main selling points of Game Pass and PlayStation Plus are their Netflix-style libraries of downloadable games. That said, there are a handful of Game Pass titles that are only available on console or PC, not both. Game Pass members get a 10% discount when buying games that are already on Game Pass, so you can always get a deal before a game leaves the service entirely. That 10% discount also applies to downloadable content and add-ons for Game Pass games, which aren't always included with the base version.

☆ Here are Monday's biggest analyst calls: UBS, Netflix, First Republic, Carnival, Meta, Amazon & more
▼ + stars: | 2023-03-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley reiterates Match as a top pick Morgan Stanley said it sees more industry growth for stocks such as Match. Deutsche Bank upgrades Kimberly-Clark and Conagra to hold from sell Deutsche upgraded several staples manufacturers mainly on valuation. Deutsche Bank upgrades Dow to buy from hold Deutsche said the "worst is behind us." Morgan Stanley reiterates First Republic as underweight Morgan Stanley said it sees too many negative outcomes for First Republic. Bank of America reiterates Nvidia as buy Bank of America said it's bullish heading into Nvidia's flagship AI and tech conference this week.

☆ British passport officers to take five weeks of strike action
▼ + stars: | 2023-03-17 | by ( ) www.reuters.com time to read: +2 min

LONDON, March 17 (Reuters) - Most of Britain's passport office workers will go on strike for five weeks starting next month in a pay dispute, potentially disrupting the delivery of passports ahead of the summer holiday period. Passport officers in Belfast, Northern Ireland could also strike if they vote in favour of walking out in a ballot that closes on Friday. The PCS union has demanded a 10% pay rise for civil servants as UK inflation is now running at just over 10%. Passport officers had previously rejected a 2% pay rise. The government's passport offices are the sole issuer of UK passports, issuing over 5 million of them each year, meaning any strike by officers working there will likely cause significant disruption to services.

☆ Nvidia CEO Jensen Huang's bet big on A.I. is paying off as his core technology powers ChatGPT
▼ + stars: | 2023-03-07 | by ( Katie Tarasov | ) www.cnbc.com time to read: +8 min

As the engine behind large language models (LLMs) like ChatGPT, Nvidia is finally reaping rewards for its early investment in AI. Nvidia counts on China for about one-quarter of its revenue, including sales of its popular AI chip, the A100. Nvidia Founder and CEO Jensen Huang shows CNBC's Katie Tarasov a Hopper H100 SXM module in Santa Clara, CA, on February 9, 2023. Nvidia founders Curtis Priem, Jensen Huang and Chris Malachowsky pose at the company's Santa Clara, California, headquarters in 2020. "We invented this new way of doing computer graphics, ray tracing, basically simulating the pathways of light and simulate everything with generative AI.

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