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☆ DOGE just got a new hire
▼ + stars: | 2024-12-04 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +1 min

AdvertisementTrump announced that William Joseph McGinley will serve as counsel to DOGE. McGinley is DOGE's first reported hire, and Musk and Ramaswamy have encouraged everyday Americans to apply. Musk and Ramaswamy, DOGE co-heads, said they want to staff the commission with "small-government crusaders." President-elect Donald Trump announced Wednesday a new hire for the Department of Government Efficiency: William Joseph McGinley as the commission's counsel. AdvertisementThe DOGE co-heads have said they want to cut $2 trillion from the federal budget.

Persons: William Joseph McGinley, McGinley, DOGE's, Ramaswamy, DOGE, Donald Trump, Elon Musk, Vivek Ramaswamy, Marc Andreessen, Uber, Travis Kalanick, Ramswamy Organizations: Trump, Department of Government, Twitter, Musk

☆ Salesforce shares jump on earnings beat and strong AI deals pipeline
▼ + stars: | 2024-12-04 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Salesforce's revenue grew 8% year over year to $9.44 billion in its third quarter, up from the $9.34 billion expected by LSEG. Salesforce raised revenue guidance to between $37.8 billion and $38 billion for its fiscal 2025, up slightly from $37.7 billion to $38 billion it had previously reported. The analysts said they are encouraged by Salesforce's strong start with its artificial intelligence agent, Agentforce, as it closed more than 200 deals during the quarter with "thousands" more in the pipeline. Salesforce's Agentforce is an example of so-called AI agent technology. Goldman Sachs analysts raised their Salesforce price target from $360 to $400 and reiterated their buy rating on the stock.

Persons: Marc Benioff, Morgan Stanley, Salesforce's, Goldman Sachs, Agentforce, Michael Bloom, Jonathan Vanian Organizations: Economic, LSEG, TAM, Bank of America Locations: Davos, Switzerland

☆ Salesforce surges on revenue beat, AI growth prospects – here's our new price target for the stock
▼ + stars: | 2024-12-03 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

But most importantly, the company showed that Agentforce, its new AI platform, may kickstart revenue growth in the future. CRM YTD mountain Salesforce's stock performance in 2024. With the stock up more than 10% to $360 per share in extended trading, we are increasing our price target to $400 from $300. Wall Street is willing to look past Salesforce's slight miss on adjusted EPS because of the upbeat revenue performance. Guidance For the fiscal fourth quarter, Salesforce expects revenues of $9.9 billion to $10.1 billion.

Persons: Salesforce, Agentforce, Salesforce's, it's, Marc Benioff, Jim Cramer, Benioff, Amy Weaver, Weaver, Jim Cramer's, Jim, Marlena Sloss Organizations: Revenue, LSEG, SAP, Microsoft, Agentforce, CNBC, Bloomberg, Getty Locations: London's, Agentforce, Salesforce, San Francisco , California

☆ Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance
▼ + stars: | 2024-12-03 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +2 min

Salesforce shares were up 7% on Tuesday after the company reported its fiscal third-quarter earnings, reporting revenue and fiscal fourth-quarter guidance that exceeded analysts' expectations. Salesforce said that it is expecting fiscal fourth-quarter sales to come in between $9.90 billion to $10.10 billion. Salesforce also raised the low end of its revenue guidance for its fiscal 2025 to come between $37.8 billion and $38 billion. The new range puts the mid point for Salesforce's fiscal 2025 revenue guidance at $37.9 billion, ahead of analysts' expectations of $37.86 billion. "We delivered another quarter of exceptional financial performance across revenue, margin, cash flow, and cRPO," Salesforce CEO Marc Benioff said in a statement.

Persons: Salesforce, Marc Benioff, Amy Weaver, Bespoke's Paul Hickey Organizations: LSEG Locations: Salesforce

☆ Salesforce CEO goes one-on-one with Jim Cramer
▼ + stars: | 2024-12-03 | by ( Jim Cramer | ) 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 goes one-on-one with Jim CramerSalesforce CEO Marc Benioff, joins 'Mad Money' host Jim Cramer to talk its earnings beat, using AI agents and digital jobs and more.

Persons: Jim Cramer, Marc Benioff

☆ Jennifer Lopez said she wondered whether she was enough for her kids as a single mom
▼ + stars: | 2024-12-03 | by ( Erin Liam | ) www.businessinsider.com time to read: +3 min

Jennifer Lopez said she asked herself if she was enough for her kids when she was a single mom. In an interview with Entertainment Weekly published on Monday, the actor opened up about being a single mom. Related Video Why childcare has become so unaffordable"I've been a single mom at times in my life and [I've asked], 'Am I enough for them?'" In the film "Unstoppable," Lopez plays Judy Robles, the mother of NCAA wrestler Anthony Robles. In April, Ashley Espinoza, who has a daughter, wrote for BI about the loneliness of being a single parent.

Persons: Jennifer Lopez, Anthony Robles, Marc Anthony, I've, Lopez, Emme, Max, Judy Robles, Robles, he's, Kelly, Mark, Ben Affleck, Hoda Kotb, I'm, Ashley Espinoza, Sheila Hageman, she's Organizations: Entertainment, BI

☆ Wall Street isn’t buying Trump’s deportation threats or Elon Musk’s spending cut claims
▼ + stars: | 2024-12-03 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

But Wall Street doesn’t believe the looming immigration crackdown will live up to Trump’s campaign trail hype. Nearly half of the investors anticipate annual immigration will average between 500,000 and 1 million under Trump, according to Goldman Sachs. The Wall Street bank found that more than 20% of investors expect immigration under Trump will be above the pre-pandemic pace of 1 million per year. “Our forecast is only moderately below the pre-pandemic trend because there are legal and logistical limits to executive action,” Goldman Sachs economists led by Jan Hatzius wrote in the report. Just about 10% of investors expect the Musk-led commission will be able to reduce government spending by more than $400 billion a year, Goldman Sachs found.

Persons: Donald Trump, Goldman Sachs, Trump’s, Trump, ” Goldman Sachs, Jan Hatzius, There’s, Elon Musk’s, Musk, Howard Lutnick, ” Musk, Larry Summers, It’s, ” Glenn Hubbard, George W, Bush, it’s, “ Elon Musk, ”, Marc Benioff Organizations: New, New York CNN, Trump, Republican, Elon, Department of Government, Department of Government Efficiency, Social Security, Columbia University’s Business, Economic, of New, Nasdaq Locations: New York, United States, Madison, New York City, of New York, China, Russia

☆ Biden’s pardon of his son makes presidential history
▼ + stars: | 2024-12-01 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

CNN —President Joe Biden made history Sunday when he granted a pardon to his son Hunter Biden for criminal convictions on gun and tax charges. With the pardon, Biden broke a clear public promise not to interfere with the justice system on his son’s behalf, something that will now stain his presidential legacy. She told me the framers did not anticipate the pardon power being used for close relations. In issuing the pardon for his son, Biden said Americans should still believe in the justice system. It’s in these final weeks in office that presidents frequently use their pardon power in the most controversial ways.

Persons: Joe Biden, Hunter Biden, “, ”, Biden, —, Hunter, Donald Trump’s, Joe Biden’s, Alexis Coe, George Washington, Bill Clinton, Roger, ► Trump, Charles Kushner, Kushner, Coe, Clinton, Trump, Marc Rich, Paul Manafort, Stephen Bannon, Bannon, It’s Organizations: CNN, Republicans, Trump, Constitutional Convention, Department of Justice, FBI, Congressional Research Service, Democrats Locations: United States, Ukraine, France, New York, Washington , DC

President-elect Donald Trump announced Saturday he would pick Kash Patel, the former chief of staff to to the acting secretary of defense during the first Trump administration, to serve as director of the Federal Bureau of Investigation. "Kash is a brilliant lawyer, investigator, and “America First” fighter who has spent his career exposing corruption, defending Justice, and protecting the American People," Trump wrote in a post to Truth Social, arguing Patel would "bring back Fidelity, Bravery, and Integrity to the FBI." Patel has earned a reputation as the ultimate Trump loyalist who has called for a purge of perceived enemies in the Justice Department and intelligence agencies. During the closing months of Trump’s tenure, the former president proposed Patel to serve as the deputy CIA director or to take over the FBI. He accused Patel of being a Washington bureaucrat who would interfere in a case where he was not needed.

Persons: Donald Trump, Kash Patel, Trump, Kash, Patel, Trump’s, ”, ” Patel, Chris Miller, Gina Haspel, William Barr, “ Patel, ” Barr, Joe Biden, Marc Short, Mike Pence, Steve Bannon, Bannon, “, it’s, we’re, “ King Donald, Shawn Ryan, Lynn Hughes, ‘ Organizations: Federal Bureau of Investigation, American People, Fidelity, Bravery, FBI, Trump, Justice Department, “, Democratic, National Security Council, Kash Foundation, Navy, ISIS Locations: Trump, Russia, Trump’s, Miami, Libyan, U.S, Benghazi, “, Houston, Central Asia, Washington, Tajikistan

Elon Musk is asking a federal court to stop OpenAI from converting into a fully for-profit business. Attorneys representing Musk, his AI startup xAI, and former OpenAI board member Shivon Zilis filed for a preliminary injunction against OpenAI on Friday. The injunction would also stop OpenAI from allegedly requiring its investors to refrain from funding competitors, including xAI and others. Musk had originally sued OpenAI in March 2024 in a San Francisco state court, before withdrawing that complaint and refiling several months later in federal court. Thrive Capital led the financing while investors, including Microsoft and Nvidia, also participated.

Persons: Elon Musk, Sam Altman, Shivon Zilis, OpenAI, Reid Hoffman, Musk, Marc Toberoff, Linda Khan, — CNBC's Hayden Field Organizations: Musk, Microsoft, ChatGPT, CNBC, Federal Trade Commission, It's, Nvidia, Google, Menlo Ventures Locations: Ankara, Turkey, San Francisco, Los Angeles, OpenAI

President-elect Donald Trump announced Saturday he would pick Kash Patel, a 44-year-old loyalist with little significant experience in federal law enforcement, to serve as director of the Federal Bureau of Investigation. Patel, who will have to earn Senate confirmation to become FBI director, has earned a reputation as the ultimate Trump loyalist who has spread baseless "deep state" conspiracy theories and called for a purge of perceived Trump enemies in the FBI. He's arguably the least qualified person ever nominated for a senior position in federal law enforcement," said a former senior law enforcement official who interacted with Patel. "The Deep State is an unelected cabal of tyrants who think they should determine who Americans can and cannot elect as president," Patel wrote. The current FBI director, Christopher Wray, was scheduled to complete his ten-year term in 2027.

Persons: Kash Patel, Christopher Miller, Donald Trump, Kash, Trump, Patel, Matt Gaetz, firebrand Trump, Christopher Wray, Trump's, Chris Miller, Gina Haspel, William Barr, Barr, Joe Biden, Marc Short, Mike Pence Organizations: Republican, Whiskey, Federal Bureau of Investigation, American People, Fidelity, Bravery, FBI, Trump, Republicans, firebrand, DOJ, Former FBI, National Security Council Locations: Tucson , Arizona, Trump, Russia, Trump's

☆ From Marc Andreessen to Sriram Krishnan, these are all the Silicon Valley leaders linked with Elon Musk's DOGE
▼ + stars: | 2024-11-29 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

AdvertisementDonald Trump has tapped Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency. The advisory group is aimed at reducing federal spending and cutting waste. Donald Trump has picked Elon Musk and businessman Vivek Ramaswamy to lead the Department of Government Efficiency, also known as DOGE — and they appear to be tapping into their network of Silicon Valley contacts to make it happen. Musk has already reportedly been consulting Silicon Valley leaders about the advisory group. These are the tech figures that have already been linked to DOGE.

Persons: Donald Trump, Elon Musk, Vivek Ramaswamy, DOGE, —, Dave Chappelle's, Musk Organizations: Department of Government, Trump

☆ Sriram Krishnan is leaving Andreessen Horowitz and is reportedly in talks to join Elon Musk at DOGE
▼ + stars: | 2024-11-28 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

AdvertisementSriram Krishnan, a general partner at Andreessen Horowitz, is leaving the firm at the end of the year. Krishnan has discussed joining Elon Musk at the Department of Government Efficiency, reports say. Krishnan has supported Musk in the past and worked at various Big Tech companies. Sriram Krishnan, a general partner at Andreessen Horowitz, is leaving the firm and has had discussions with Elon Musk about joining the Department of Government Efficiency, reports say. Krishnan joined Andreessen Horowitz, also known as A16z, in 2021 and has worked as a crypto investor at the firm.

Persons: Sriram Krishnan, Andreessen Horowitz, Krishnan, Elon Musk, He's, What's, I've, he'd, Donald Trump's, Andreessen Horowitz didn't, Trump, Musk, Vivek Ramaswamy, Joe Lonsdale, Marc Andreessen, Bill Ackman, Travis Kalanick —, Steve Davis, Antonio Gracias, Shiba Organizations: Elon, Department of Government, Big Tech, Twitter, Meta, DOGE, Business, The Washington Post, The Boring Company

☆ Trump made unprecedented inroads in Silicon Valley this election
▼ + stars: | 2024-11-28 | by ( Rob Price | ) www.businessinsider.com time to read: +4 min

Silicon Valley, long considered a progressive stronghold, has begun to shift toward Donald Trump, according to new voting data analyzed by Business Insider. These numbers show that Trump and Republicans are still a long way off from gaining any real majorities in Silicon Valley. While Elon Musk is based in Texas these days, many of his companies, including Tesla, are still very active in Silicon Valley. Trump, with Musk in support, has promised to cut regulations, which could help Silicon Valley startups grow more quickly. The trend toward Trump in the Silicon Valley electorate mirrors statewide and national trends.

Persons: Donald Trump, Kamala Harris, Harris, Joe Biden, Hilary Clinton, Francisco county's, Trump, Democrat —, Mark Zuckerberg, Marc Andreessen, Ben Horowitz, Horowitz, Elon, Tesla, reelect Trump, JD Vance, Peter Thiel, Ben Narasin, we've, voteshare Organizations: GOP, Business, San, Apple, Google, Nvidia, State, Facebook, Meta, Republican, Trump, Democrat, Democratic, Venture, PayPal, Elon Locations: Santa Clara, San Mateo, San Francisco counties, Silicon, San Francisco Bay, California, San Francisco, San Mateo county, Silicon Valley, Texas, Atherton

☆ Marc Andreessen is hopping on the Musk bandwagon and slamming manned fighter jets, saying there won't be 'spam in the can' if pilots aren't in the plane
▼ + stars: | 2024-11-27 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Andreessen's comments echo that of Elon Musk, who said this week that he thinks crewed fighter jets are inefficient. Elon Musk isn't the only tech executive who thinks drones are way better than fighter jets. Related Video The true cost of America's war machinesAI-controlled jets, Andreessen told Rogan, are "far superior" to fighter jets that need pilots. Advertisement"Crewed fighter jets are an inefficient way to extend the range of missiles or drop bombs. Drones have been game-changing in modern warfare, but military experts say there are still advantages to having manned fighter jets over drones.

Persons: Marc Andreessen, Elon Musk, Andreessen Horowitz, Joe Rogan, Andreessen, Rogan, Musk, Eric Schmidt, Schmidt, Sebastian Thrun, Donald Trump's, Vivek Ramaswamy, Justin Bronk, Mark Gunzinger Organizations: Elon, Andreessen, Business, Stanford University, Ares Industries, of Government, The Wall, Pentagon, Royal United Services Institute, US Air Force, Concepts, Mitchell Institute for Aerospace Studies Locations: Silicon, Russia

☆ Marc Andreessen talks DOGE and Elon Musk: 'It's time to carve this government back in size and scope'
▼ + stars: | 2024-11-27 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

AdvertisementMarc Andreessen discussed Elon Musk and the Department of Government Efficiency on Joe Rogan's podcast. Cut, baby, cut, Marc Andreessen says of Elon Musk's DOGE cost-reduction effort. "It is time to carve this government back in size and scope," the Silicon Valley investor said during a recent appearance on Joe Rogan's podcast. The VC specifically referenced a text exchange that Musk sent then-CEO Parag Agrawal shortly after being appointed to Twitter's board. "Imagine that statement being applied to the government," Andreessen said, referencing Musk's "What did you get done this week?"

Persons: Marc Andreessen, Elon Musk, Joe Rogan's, Elon, Andreessen, Andreessen Horowitz, Ben Horowitz, Sen, Elizabeth Warren, Rogan, Musk, Parag Agrawal, Agrawal, Jack Dorsey, … — Organizations: Department of, SEC, FTC, Elon Musk's, Musk's Department, Government, Securities Exchange Commission, Federal Trade Commission, Federal Aviation Administration, Consumer Financial Protection Bureau, Republican Party, Twitter, Big Tech Locations: Silicon

AdvertisementThe rate of AI model improvement appears to be slowing, but some tech leaders say there is no wall. A fierce debate over whether improvements in AI models have hit their limit has taken hold in recent weeks, forcing several CEOs to respond. Others, including Marc Andreessen, say AI models aren't getting noticeably better and are all converging to perform at roughly similar levels. AdvertisementOne solution that companies are exploring is synthetic data, an artificial form of data generated by AI. Aymeric Zhuo, cofounder and CEO of AI startup Agemo, said that AI reasoning "has been an active area of research," particularly as "the industry faces a data wall."

Persons: Sam Altman, Fabrice Beaulieu Dario Amodei, Anthropic, Jensen Huang, Marc Andreessen, Henri Tilloy, Jensen, Justin Sullivan, Matthew Zeiler, Eric Landau, Landau, Sharon Zhou, Zhou, Daniele Panfilo, Bard, it's, Thomas Wolf, Jonathan Frankle, Ilya Sutskever, Satya Nadella, Aymeric Zhuo, Sivesh Sukumar, OpenAI, Noam Brown, It's, Adam Selipsky, Dario Amodei, Noah Berger, Anthropic's, they've, Microsoft's Copilot Organizations: Nvidia, Business, Google, French VC, Companies, Vox Media, OpenAI, Reuters, TED, Gemini, Web, Getty Companies, Investors Locations: Santa Clara

☆ Zoom abandons its video-based identity, rebranding as an AI-first company
▼ + stars: | 2024-11-26 | by ( Katherine Tangalakis-Lippert | Aditi Bharade | ) www.businessinsider.com time to read: +3 min

AdvertisementZoom Video Communications Inc. is dropping video from its name in an AI-first rebranding effort. The company, best known for its videoconferencing, will now be known as "Zoom Communications Inc."Zoom isn't the only company revisiting its trajectory in the AI boom. Zoom — the company best known for bringing the world the videoconferencing software that got corporate workers through the coronavirus pandemic — wants to be known for its status as an AI-first company, CEO Eric Yuan wrote in a company blog post published Monday announcing a major rebrand. From this day forward, the company formerly called "Zoom Video Communications Inc." will be known simply as "Zoom Communications Inc." the post reads, as the company focuses on an AI-first approach to corporate communications. "Woven throughout Zoom Workplace, AI Companion frees us up to focus on more important work and minimizes time wasted on less meaningful tasks," the company announced.

Persons: Eric Yuan, Morgan Stanley, OpenAI, Sundar Pichai, Pichai, Marc Benioff, Gartner, Copilot Organizations: Communications, Communications Inc, Major Big Tech, Google, Microsoft, Securities, Exchange, OpenAI, SEC, Business Locations: Amazon, OpenAI

☆ Musk's F-35 jab could be a preview of the fights DOGE will wage to cut government spending
▼ + stars: | 2024-11-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Cookbook authors and chefs explain how you can make almost any part of your holiday meal in a Crock-Pot . Today, we're looking at what Elon Musk's jab at the F-35 says about the debate over using manned fighters or drones in warfare . AdvertisementWith promises of cutting trillions of dollars in government spending, DOGE will need to swing big. Drone usage in combat is on the rise, as is evident in the Ukraine war, and offers benefits around cost. Zoom is taking an AI-first approach to corporate communications , CEO Eric Yuan wrote in a company blog post published Monday.

Persons: Elon, Marc Piasecki, Chelsea Jia Feng, Matthew Loh, Mia Jankowicz, Donald Trump's, Lockheed Martin, Vivek Ramaswamy, Clawson, Ryan Pickrell, Mia, Justin Sullivan, he'll, Trump, Warren Buffett, he's, Pavlo Gonchar, Eric Yuan, it's, Jenny Chang, Rodriguez, Dan DeFrancesco, Grace Lett, Ella Hopkins, Amanda Yen, Jack Sommers, London.Milan Sehmbi Organizations: Business, of Government, Lockheed, Aerospace, Defense, Hezbollah, Super, Republican, Images Trump, Social, Key Square, Scott, Berkshire Hathaway, Getty Images, Communications, Aldi, Google Locations: Israel, Ukraine, Canada, Mexico, China, New York, Chicago, London, London.Milan

☆ This is one thing Marc Andreessen says you shouldn't do at work
▼ + stars: | 2024-11-25 | by ( Tim Paradis | ) www.businessinsider.com time to read: +4 min

AdvertisementMarc Andreessen argues against sharing too many personal details at work, urging professionalism. Advertisement"When managers and leaders say, 'Bring your whole self to work,' they're leaving out the terms and conditions," Reitz said. On an episode of their podcast, "The Ben and Marc Show," Andreessen and A16z cofounder Ben Horowitz celebrated Donald Trump's reelection. "When it comes to business, it shouldn't be just based on our personal politics. I can bring my whole self to work, but I can't talk about politics,'" she said.

Persons: Marc Andreessen, Marc Andreessen doesn't, Andreessen Horowitz, Andreessen, Megan Reitz, Reitz, Sundar Pichai, Ben, Marc Show, Ben Horowitz, Donald Trump's, Trump's, Joe Biden's, Ella Washington, Washington, Jake Telkamp, Telkamp Organizations: Google, Georgetown University, Hull College of Business, Augusta University Locations: California, New York, Georgia

☆ Travis Kalanick, Marc Andreessen, and other Silicon Valley leaders are reportedly getting involved with Elon Musk's DOGE
▼ + stars: | 2024-11-25 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

AdvertisementElon Musk and Vivek Ramaswamy are making plans for The Department of Government Efficiency. Several notable Silicon Valley figures are involved in plans for the department, per the Journal. Musk has said he wants to cut $2 trillion from the federal budget to make it more efficient. Elon Musk and Vivek Ramaswamy are starting to shape the Department of Government Efficiency, or DOGE, and they appear to be turning to Silicon Valley leaders for support. DOGE, headed by Musk and Ramaswamy, is set to be an advisory group outside the government.

Persons: Elon Musk, Vivek Ramaswamy, Musk, Steve Davis, Antonio Gracias, Joe Lonsdale, Marc Andreessen, Bill Ackman, Travis Kalanick —, Shiba, Vivek Organizations: The Department, Government, of Government, Boring Company, Street Journal, Twitter, Elon, Ramaswamy, Business Locations: Silicon

☆ Marc Benioff thinks we've reached the 'upper limits' of LLMs — the future, he says, is AI agents
▼ + stars: | 2024-11-25 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

AdvertisementTech titan Marc Benioff says we're near the "upper limits" of LLM use in AI advancement. In a podcast, the Salesforce CEO said the future of AI lies in agents that work autonomously. Maybe we'll be there one day," Benioff said, referencing the 1984 film about a cyborg assassin. "I actually think we're hitting the upper limits of the LLMs right now," Benioff said. Salesforce offers prebuilt and customizable AI agents for clients seeking to automate customer service tasks.

Persons: Marc Benioff, Benioff, —, Jensen Huang, we'll, Arnold Schwarzenegger, Matthew Broderick, Salesforce Organizations: Bloomberg, Nvidia, Business Locations: LLMs

☆ CNBC Daily Open: Small- and mid-caps stole the limelight last week
▼ + stars: | 2024-11-25 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +5 min

NYSEThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayWinning week for marketsMajor U.S. indexes rose on Friday to end the week in the green, despite mega-cap stocks Nvidia and Alphabet shares dropping. [PRO] Interest rates back in focusThis week, the October personal consumption expenditures price index, out Wednesday, will dominate attention. The Dow Jones Industrial Average was 2% higher for the week and the S&P 500 and Nasdaq Composite both climbed around 1.7%.

Persons: GOOG, Donald Trump, Scott Bessent, Bessent, Kevin Warsh, Marc Rowan, Sir Richard Branson, Russell, Sam Stovall, Sundeep Gantori, — CNBC's Pia Singh, Alex Harring, Jesse Pound Organizations: New York Stock Exchange, NYSE, CNBC, U.S, Trump, Treasury, Fed, Anthropic Amazon, COP29, Virgin, U.S . Federal Reserve, Federal, Market, Nvidia, U.S . Department of Justice, Big Tech, Dow Jones, Nasdaq, Super Micro Company, CFRA Research, NVIDIA, UBS Locations: New York City, Anthropic, Azerbaijan

☆ Emily Calandrelli, 100th woman in space, refuses to bow to ‘small men on the internet’
▼ + stars: | 2024-11-25 | by ( Lex Harvey | ) edition.cnn.com time to read: +3 min

CNN has reached out to Blue Origin for comment. Blue OriginFriday’s mission was Blue Origin’s ninth human spaceflight on the rocket used for space tourism. Upon landing safely at Blue Origin’s launch site in West Texas, Calandrelli compared seeing Earth from space for the first time to motherhood. Calandrelli said she was crying on the flight home from the mission because of the online reaction and texting her “space sisters” for advice. As she was getting off the flight, Calandrelli said the Southwest flight attendant recognized her and whispered, “don’t let them dull your shine.”“I felt an immediate sense of camaraderie with her, with all women,” Calandrelli said.

Persons: Emily Calandrelli’s, ”, Jeff Bezos, Calandrelli, ” New Shepard, ” Calandrelli, Emily Calandrelli, Sharon Hagle, Marc Hagle, Austin Litteral, James, J.D, Russell, Henry, Hank, Wolfond, “, Shepard, Valentina V, Tereshkova, Sally K, “ don’t Organizations: CNN, MIT, Origin Locations: West Texas, Soviet

☆ 'We can overcome climate change': Richard Branson says young people should not be down about the future
▼ + stars: | 2024-11-25 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +2 min

watch nowThe billionaire Virgin founder Sir Richard Branson said younger generations should feel positive about the future — and that they can "achieve an enormous amount." When asked how he might reassure young people about their future over issues such as climate change, Branson said, "They can achieve an enormous amount, and so I honestly don't think that young people should be down about it. I think we can overcome climate change if we have the … we've got to make sure we have the right politicians at the top," he said. "Our sweet spot is, we work with youth around the world," Rodgers said of the two organizations. Climate change, public health and criminal justice reforms will be a focus, according to an online release.

Persons: Sir Richard Branson, CNBC's Tania Bryer, Branson, we've, Donald Trump's, Trump, —, Nile Rodgers, Rodgers, Chic, Marc Grimwade Organizations: Virgin, CNBC, Branson, Advisory Center, Virgin Unite, Virgin Group, Foundation, Rodgers, Wireimage, Getty Locations: Paris, Adelaide, Australia

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