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☆ Why it would be difficult for Trump to reverse the 2024 election results
▼ + stars: | 2024-10-29 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +10 min

But state officials resisted his pressure, judges tossed out his team’s lawsuits, and Pence defied Trump and carried out his constitutional duty to affirm the result of the vote. If Trump sought to challenge the election results, he would have two potential paths to try to overturn the results, and both routes are “long shots,” said Hasen, director of the Safeguarding Democracy Project at UCLA Law School. Given the heightened security risk, some state officials have made plans to scrap public, high-profile ceremonies to certify election results in state capitols. Election officials across the country also have bolstered security at polling places, including expanding police presence and issuing bulletproof vests to election workers. State officials resisted.

Persons: Donald Trump, Kamala Harris, ”, Richard Hasen, Trump, Joe Biden, Mike Pence, Pence, Hasen, Gowri Ramachandran, Wisconsin —, Al Schmidt, Matthew Sanderson, “, Sanderson, Frank Figliuzzi, ” Figliuzzi, —, didn’t, that’s Organizations: U.S . Capitol, UCLA, Count, Trump, Georgia’s, Trump Republicans, UCLA Law School, Elections, Brennan Center for Justice, New York University School of Law, Senate, Electoral, Republican, Electoral College, Washington , D.C, GOP Senators, Capitol, FBI, NBC News, The Department of Homeland Security, United Nations, Assembly Locations: Pennsylvania, Arizona, Wisconsin, Michigan’s Legislature, Washington ,, capitols, Maricopa County , Arizona, Washington

"Presidential endorsements do nothing to tip the scales of an election. What presidential endorsements actually do is create a perception of bias. Ending them is a principled decision, and it’s the right one," Bezos wrote in a nine-paragraph article published on the Post's website Monday night. "I wish we had made the change earlier than we did, in a moment further from the election and the emotions around it," Bezos wrote. There is no connection between it and our decision on presidential endorsements, and any suggestion otherwise is false."

Persons: Jeff Bezos, Bezos, Will Lewis, Lewis, Kamala Harris, Harris, Donald Trump, Dave Limp, Limp, —, Trump, David Hoffman, David Shipley, Hoffman, Semafor, Patrick Soon Organizations: Amazon, Washington Post, Post, NPR, Democratic, NBC News, Los Angeles Times, Trump Locations: Pennsylvania, spokespeople, American

☆ ‘The dynamics are different’: Singapore and Malaysia aim to finally crack economic integration with Johor special zone
▼ + stars: | 2024-10-29 | by ( Kevin Lim | ) www.cnbc.com time to read: +2 min

The Johor BahruSingapore Rapid Transit System (RTS) Link under construction near the JB Sentral building in Johor Bahru, Malaysia, as of Tuesday, Sept. 24, 2024. Sharon Kuok started studying in Singapore when she was seven, commuting daily to and from her home in the southern Malaysian state capital of Johor Bahru. We picked JB [Johor Bahru] because that's where I am from and for its proximity to Singapore," she said. Already, many people from Singapore have started visiting the Malaysian state regularly to shop and to enjoy services from car repair to massages and haircuts. The number of Singaporeans visiting or relocating to Johor could increase in coming years when a rail link between Singapore and Johor Bahru is completed and the planned Johor-Singapore special economic zone (JS-SEZ) takes effect.

Persons: Sharon Kuok, She's, Kuok, Syuhada Organizations: Johor, Rapid, System, National University of Singapore, JB, Messe Berlin Asia, Singapore Locations: Johor Bahru, Malaysia, Singapore, Malaysian, Johor, Messe Berlin Asia Pacific

☆ Ethridge: Hopeful the election happens with little fanfare, as markets don't like uncertainty
▼ + stars: | 2024-10-29 | 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 EmailEthridge: Hopeful the election happens with little fanfare, as markets don't like uncertaintyMalcolm Ethridge of Capital Area Planning Group discusses whether the markets can look past the election to trade higher through the end of the year, and highlights a top pick in the fintech space.

Persons: Malcolm Ethridge Organizations: Area

☆ Goldman Institute calls for ‘data center diplomacy’ as U.S. competes in global AI race
▼ + stars: | 2024-10-29 | by ( Kate Rooney | ) www.cnbc.com time to read: +3 min

"Data may be the new oil, and it's ultimately nations, not nature, that's going to determine the future of AI infrastructure built." AI relies on massive amounts of data for training and gigantic data centers. Despite a slowing economy, Beijing has been investing in AI data centers, and launched a $6.1 billion national initiative called "Eastern Data, Western Computing." The U.S. has its own slate of initiatives, including a task force on AI infrastructure. "The Arab Gulf countries of the Middle East present many promising opportunities for AI data centers," Cohen wrote.

Persons: Goldman Sachs, Jared Cohen, Goldman, Cohen, it's, They've, Anthropic Organizations: Goldman Sachs Global Institute, CNBC, Google, Microsoft, Meta, Computing, United, United Arab Locations: China, Beijing, U.S, Canada, Australia, France, Gulf, OpenAI, United Arab Emirates, Qatar, Saudi Arabia

☆ Watch CNBC’s full interview with Bernstein’s Dan Suzuki
▼ + stars: | 2024-10-29 | 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 EmailWatch CNBC’s full interview with Bernstein’s Dan SuzukiBernstein’s Dan Suzuki and MAI Capital’s Chris Grisanti, join 'Power Lunch' to discuss the yield moves, a potential Fed pause and earnings season.

Persons: Bernstein’s Dan Suzuki, Dan Suzuki, Chris Grisanti Organizations: MAI

☆ China is eyeing $1.4 trillion in fiscal stimulus and even more if Trump is elected, report says
▼ + stars: | 2024-10-29 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

China is considering a fresh $1.4 trillion stimulus, Reuters reported. The package could be approved next week and would increase in size if Trump wins the election. The large fiscal stimulus would be increased if Republican nominee and former President Donald Trump wins the US election, the report says. The remaining 4 trillion yuan would be raised by local government bonds and put toward idle land and property purchases, the sources told Reuters. AdvertisementIf Trump is elected, the stimulus package could be higher due to the economic challenges Trump's policies would pose for China, the sources told Reuters.

Persons: Trump's, —, Donald Trump, Trump, he's, Goldman Sachs Organizations: Reuters, Trump, Service, Republican, National People's Congress, China, Wall Locations: China, Beijing

Kyiv, Ukraine CNN —The Russian Defense Ministry claimed Tuesday it had taken the Ukrainian town of Selydove, southeast of the key city of Pokrovsk in the Donetsk region. Russian forces have been advancing on Selydove in the last several weeks, according to frontline reports. Selydove was an important staging area for Ukraine’s defenses and a key foothold to prevent Russia’s advance toward Pokrovsk. On Sunday, a spokesman for a Ukrainian national guard brigade fighting in Selydove told CNN the town had been “constantly attacked from several directions” for a week. Selydove is a large town where you can accommodate a large number of people and hide equipment.”Video released by Russian state media TASS on Tuesday reportedly shows troops raising the Russian flag in Selydove.

Persons: Selydove, Russia’s, “, Vitaliy Milovidov, Kryvyi Rih Organizations: Ukraine CNN, Russian Defense Ministry, CNN, TASS, Russian Locations: Kyiv, Ukraine, Selydove, Pokrovsk, Donetsk, Ukrainian, “, Russia, Kharkiv, Kryvyi, Ukraine’s, Russian

☆ We're making a flurry of trades: Buying 2 beaten-up stocks, taking profits in another
▼ + stars: | 2024-10-29 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

We're also buying 25 shares of Danaher at roughly $243.21 and 25 shares of Constellation Brands at $236.36. We're locking in profits in Best Buy based on a theme developing this earnings season. We're taking the Best Buy sale proceeds to pick up shares in two stocks that have been beaten up post-earnings: Danaher and Constellation Brands. As noted in Monday's Homestretch , Danaher stock last week suffered its worst weekly performance since 2020. NEW YORK, NEW YORK - OCTOBER 16: Traders and others work on the New York Stock Exchange (NYSE) floor in New York City.

Persons: Jim Cramer's, We're, D.R, toolmaker Stanley Black, Danaher, Jim Cramer, Jim, Spencer Platt Organizations: Constellation Brands, Club, Corona, Constellation, CNBC, NEW, Traders, New York Stock Exchange, Getty Locations: Danaher, Horton, Monday's, bioprocessing, Modelo, Mexico, New York City

☆ What to know about the new way Microsoft will report cloud numbers Wednesday
▼ + stars: | 2024-10-29 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

Announced in August , and reported this way for the first time this week, Microsoft decided to change which revenue streams fall under its three main reporting segments. In Microsoft's upcoming report, search and news advertising revenue will move from the More Personal Computing (PCP) segment into the Intelligent Cloud (IC) segment. Another change includes Microsoft removing revenue from Power Business Intelligence data analytics and the Enterprise Mobility and Security group of products from the IC segment. MSFT YTD mountain Microsoft (MSFT) year-to-date performance Some Wall Street analysts are upbeat on the new reporting structure. He also touted Microsoft's AI prospects ahead of quarterly earnings — citing the company's first-mover advantage in integrating AI.

Persons: Piper Sandler's Brent Bracelin, Bracelin, Morgan Stanley, there's, Jim Cramer, I'm, Jim, Amy Hood's, Jim Cramer's, Satya Nadella, Dimas Ardian Organizations: Microsoft, Web Services, Power Business Intelligence, Enterprise Mobility, Security, Piper, CNBC, BI, Guggenheim, Big Tech, Bloomberg, Getty Locations: OpenAI, Jakarta, Indonesia

☆ Why Citadel's longest-running equities unit is focused on shorting stocks
▼ + stars: | 2024-10-29 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +3 min

Justin Lubell, Citadel's Global Equities head, said shorting has been a big driver of returns. There's less competition in the space compared to going long on stocks, he said. Anthony Bozza, the founder of Lakewood Capital, called those who know who to short stocks a "dying breed." AdvertisementWhile some big bets against specific stocks have blown up in hedge funds' faces in recent years, there's still a focus on shorting at Citadel's longest-running equities unit. Related storiesEven investors known for bold short bets have moved away from the practice.

Persons: Justin Lubell, shorting, Anthony Bozza, —, there's, Ken Griffin's, Lubell, Robin, Gavin Baker, Lee Ainslie, Steve Cohen's Point72, Gabe Plotkin's Melvin Capital, Pershing, Bill Ackman, Bozza Organizations: Citadel's Global, Service, Citadel's, Citadel Global, Robin Hood Investors Conference, Business, Management, Lakewood Capital, Maverick Capital, GameStop, Lakewood Locations: Lakewood Capital, New York

☆ Alphabet's two pillars of growth stand tall in the latest quarter. But we're not ready to act
▼ + stars: | 2024-10-29 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

However, on "Mad Money" following the release, Jim said Alphabet delivered an "unambiguously great quarter." Alphabet Why we own it : Alphabet's Google Search is an invaluable tool for advertisers. Revenue for the Google Search, YouTube ads, and Google Network line items totaled $65.85 billion. That was up more than 10% from the year-ago quarter, though it was a slower growth rate than in the second quarter. The company exited the quarter with $93.23 billion in cash, cash equivalents, and marketable securities on its balance sheet.

Persons: It's, Jim Cramer, Jim, it's, Sundar Pichai, We're, Waymo, Anat Ashkenazi, Pichai, Jim Cramer's, Justin Sullivan Organizations: Google, U.S, European, Justice Department, Big Tech, Nvidia, YouTube, Microsoft, Revenue, Google Services, Walmart, Dallas Fort, CNBC Locations: U.S, Dallas, Dallas Fort Worth, Mountain View , California

Tickets for the 2024 World Series between the New York Yankees and Los Angeles Dodgers are among the most expensive in Major League Baseball history – and fans are willing to pay up. Leading up to Game 1 in Los Angeles, the average price for a World Series ticket in the secondary market was $3,887, according to ticket reseller TicketIQ. This year's tournament is on track to be the best-selling World Series in history, StubHub reports. 'Whatever the going rate for my kidney, it's going on the table'LA resident Lisa Altuve, 27, said she's been excitedly waiting to see the Dodgers play in the World Series. "The last time these two teams played in the World Series was the year that I was born, 1981," Posadas added.

Persons: Freddie Freeman, Lisa Altuve, she's, Fernando Valenzuela, Josh Trujillo, Calvin Stovall, Stovall, Riley Reese, Chris Garcia, Del, Garcia, Posadas Organizations: Los Angeles Dodgers, Capital, New York Yankees, Dodger, Major League Baseball, CNBC, Dodgers, Yankees Locations: Los Angeles , California, Los Angeles, New York, Mexican, LA, Florida, Del Posadas

☆ The economy seems to be firing on all cylinders — but a veteran JPMorgan strategy chief says one underappreciated risk could cause a serious global slowdown
▼ + stars: | 2024-10-29 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Corporate earnings growth, productivity growth, and business fixed investment all seem to be headed in the right direction as well. Related storiesThese signals have given David Kelly, JPMAM's chief global market strategist, great confidence. Such tariffs would cause "seismic shocks to the US economy," Tom Orlik, the chief economist at Bloomberg Economics, said earlier this month. Charles Schwab global investment strategy chief Jeffrey Kleintop cited tariffs as a top risk back in June. "But oddly enough, the global economy bounced back anyway.

Persons: David Kelly, —, JPMAM, Kelly, Donald Trump who's, Tom Orlik, Charles Schwab, Jeffrey Kleintop, I'd Organizations: JPMorgan Asset Management, Service, Asset Management, Federal Reserve, Bloomberg Economics, Peterson

☆ The economy is doing better than the Fed expected, says Bernstein’s Dan Suzuki
▼ + stars: | 2024-10-29 | 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 EmailThe economy is doing better than the Fed expected, says Bernstein’s Dan SuzukiBernstein’s Dan Suzuki and MAI Capital’s Chris Grisanti, join 'Power Lunch' to discuss the yield moves, a potential Fed pause and earnings season.

Persons: Bernstein’s Dan Suzuki, Dan Suzuki, Chris Grisanti Organizations: MAI

☆ Watch CNBC’s full interview with Solus' Dan Greenhaus, Payne Capital’s Courtney Garcia and BMO’s Brian Belski
▼ + stars: | 2024-10-29 | 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 EmailWatch CNBC’s full interview with Solus' Dan Greenhaus, Payne Capital’s Courtney Garcia and BMO’s Brian BelskiSolus' Dan Greenhaus, Payne Capital’s Courtney Garcia and BMO’s Brian Belski, join 'Closing Bell' to discuss the markets, yield moves and earnings season.

Persons: Solus, Dan Greenhaus, Payne Capital’s Courtney Garcia, BMO’s Brian Belski Solus, BMO’s Brian Belski

☆ Israel’s strikes on Iran shattered a forty-year taboo. Tehran may now be forced to rethink its defense strategy
▼ + stars: | 2024-10-29 | by ( Mostafa Salem | ) edition.cnn.com time to read: +7 min

Israel openly said it conducted “precise strikes” on military targets in Iran. “Israel now has broader aerial freedom of operation in Iran,” Israel’s military spokesman Daniel Hagari said, touting achievements in the attack. The idea was that if Israel were to strike Iran, Tehran would retaliate by unleashing its militias against Israel. Iranian officials have repeatedly stated that they have no intention of weaponizing the country’s nuclear program, while simultaneously using its potential as leverage in negotiations with the West. “Even the more hawkish American presidents have not favored taking military strikes because the most likely outcome is that, at some point, that will make Iran turn nuclear,” Parsi said.

Persons: CNN —, Israel, Israel didn’t, “, ”, Daniel Hagari, Ayatollah Ali Khamenei, Benjamin Netanyahu, Nicole Grajewski, Hassan Nasrallah, ” Mohammad Ali Shabani, Amwaj.media, Trump, Fatemeh, Parsi, Grajewski Organizations: CNN, Schools, Iran’s, Quincy Institute, Responsible, Nuclear, Carnegie Endowment, International Peace, Israel, West, Bushehr Nuclear Power, Anadolu Agency, Getty Locations: CNN — Iran, Republic, Israel, Iran, Islamic Republic, Israeli, Damascus, “ Israel, Tehran, Washington, Syria, Israel’s, Gaza, Lebanon, London, Iraq, Bushehr

☆ Trade Tracker: Kevin Simpson sells Texas Instruments and buys Oracle
▼ + stars: | 2024-10-29 | 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 EmailTrade Tracker: Kevin Simpson sells Texas Instruments and buys OracleKevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to break down his latest portfolio moves

Persons: Kevin Simpson, Oracle Kevin Simpson Organizations: Texas, Oracle, Wealth Planning

☆ How to keep your portfolio steady in volatile times as the election approaches
▼ + stars: | 2024-10-29 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

The S & P 500 is toting a 1.3% gain in October, but it's up more than 22% in 2024. He said his team expects the CBOE Volatility Index (VIX) , a measure of expected volatility, to remain elevated around 20 until after Election Day. Individual investors are already expressing some worries about how the markets might behave in the run-up to Nov. 5 – and the days that follow. Cash-secured puts can offer investors an opportunity to put cash to work and generate some income, he said. Covered call strategies have also come into play as a potential way for investors to contend with concentrated positions, he added.

Persons: Craig Johnson, Piper Sandler, Logan Queck, I'm, Malcolm Ethridge, Ethridge, they've, Ashton Lawrence, Cash, Lawrence Organizations: Wealth, CFP, Capital, IRS, Investment Company Institute, Mariner Wealth Advisors Locations: West Des Moines , Iowa, Washington ,, Greenville , South Carolina

☆ Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts say
▼ + stars: | 2024-10-29 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

China News Service | China News Service | Getty ImagesBEIJING — Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts said, as some high-profile listings outside the mainland this year raise investor optimism over profitable exits. Last week, Horizon Robotics — a Chinese artificial intelligence and auto chip developer — and state-owned bottled water company CR Beverage went public in Hong Kong. The firm noted that Chinese delivery giant SF Express is planning for a Hong Kong IPO next month, while Chinese automaker Chery aims for one next year. Still, the overall pace of Hong Kong IPOs this year is slightly slower than expected, George Chan, global IPO leader at EY, told CNBC in an interview earlier this month. Hong Kong, then New York

Persons: Pony.ai, Didi, Marcia Ellis, Morrison Foerster, George Chan, Chan Organizations: Nasdaq, China News Service, Getty, U.S, Hong Kong Stock Exchange, CR Beverage, Renaissance, Hong, Chery, CNBC, IPOs Locations: BEIJING, U.S, Hong Kong, China, New York, Mainland China, New

☆ Data startup Matia just emerged from stealth with a $10.5 million seed round — check out its 11-slide pitch deck
▼ + stars: | 2024-10-29 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

Miami-based data operations startup Matia has secured $10.5 million in seed funding. BI got an exclusive look at the 11-slide pitch deck Matia used to secure the fresh funding. AdvertisementMiami-based data management startup Matia has just come out of stealth with $10.5 million in seed funding. The startup's pitch deck, shared exclusively with BI, states that it has four early customers and 10 companies who are showing "strong interest." Check out the 11-slide pitch deck used to secure the fresh funding.

Persons: —, Benjamin Segal, Segal, Matia, Benjamin, Geva Organizations: BI, Service, Leaders Fund, Cerca Partners, Caffeinated Locations: Miami

☆ Small number of North Korean troops are already inside Ukraine, officials say
▼ + stars: | 2024-10-29 | by ( Natasha Bertrand | ) edition.cnn.com time to read: +5 min

CNN —A small number of North Korean troops are already inside Ukraine, according to two western intelligence officials, and officials expect that number to grow as the North Koreans complete training in eastern Russia and move toward the front lines of the war. The North Korean troops’ presence inside Ukraine goes a step beyond what NATO and the Pentagon confirmed on Monday, which is that roughly 10,000 North Korean troops are training in eastern Russia with some en route to Russia’s Kursk region. A US official said the US can not yet corroborate reports that North Koreans troops are already inside Ukraine. The Russians have been teaching North Korean soldiers basic Russian commands in training, like “fire” and “in position,” South Korean lawmakers told reporters on Tuesday. ‘The number may rise’South Korean intelligence has put the number of North Korean troops inside Russia right now at about 13,000, higher than the US and the UK.

Persons: Volodymyr Zelensky, catchup, Matthew Miller, Andriy Yermak, Jake Sullivan, Antony Blinken, Yermak, Sullivan, ”, Sullivan “, ” Miller, CNN’s Haley Britzky, Jennifer Hansler Organizations: CNN, North Koreans, North, NATO, Pentagon, South Korea, Korean, State, National, North Korean, South, Ukraine’s Defense Intelligence, White House, “ Locations: Ukraine, Russia, Russia’s Kursk, Kursk, “, Koreans, Ukrainian, Washington ,, ”, North Korea, Moscow, China, Pyongyang

☆ Citi calls these smaller stocks buys that are expected to rally from here
▼ + stars: | 2024-10-29 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Citi forecasts an expected total return of 33% for the name. Earlier this month, JPMorgan raised its price target on the name to $195, which corresponds to a potential upside of 41% from Monday's close. Citi also highlighted Ally Financial as a stock to buy, and the firm sees an expected total return of 48% for the name. Shane's $40 price target is nearly 14% higher than where shares of Ally closed on Monday. Wlodarczak's $170 price target implies a potential upside of 46% for the stock.

Persons: Russell, Scott Chronert, Said, Matthew Boss, Hollister, Richard Shane, Shane's, Jeffrey Wlodarczak Organizations: Citi, megacap, Federal Reserve, Citi U.S, Abercrombie, Fitch, JPMorgan, Entertainment, Research Locations: Monday's

☆ Why Boeing's $21 billion share sale is an early Christmas present for Wall Street
▼ + stars: | 2024-10-29 | by ( Reed Alexander | ) www.businessinsider.com time to read: +5 min

AdvertisementWall Street bankers tasked with helping companies raise money through sales of stock just got an early Christmas present. The sale ended up raising nearly $21 billion, marking one of the largest deals for US equity-capital-markets bankers in history. Thanks to the Boeing capital raise, he now predicts ECM bonus increases of 30%, he said. 'A rising tide lifts all boats,' comp expert saysThe ultimate size of Boeing's capital raise puts it in league with some of the largest raises ever, according to global equity capital raise data provided by LSEG. But, based on Johnson's forecast, it seems those involved in the Boeing capital raise may find themselves flying highest on bonus day.

Persons: Goldman Sachs, —, bookrunners Goldman Sachs, Morgan Stanley, Alan Johnson, Johnson, Semafor, Thoma Bravo, It's, they've Organizations: Boeing, PJT Partners, RBC Capital Markets, Service, Monday, Bank of America, Citigroup, JPMorgan, Wall, Johnson Associates, LSEG, Petrobras, Lloyds, Nasdaq Locations: Brazilian, British

☆ Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts
▼ + stars: | 2024-10-29 | by ( Jennifer Elias | ) www.cnbc.com time to read: +3 min

For nine years, the CFO role at Google and parent company Alphabet was held by Ruth Porat, who took a giant pay package in 2015 to leave Wall Street for Silicon Valley. "But I think any organization can always push a little further and I'll be looking at additional opportunities." During the Q&A portion of the call, Evercore ISI's Mark Mahaney asked, "As you're coming in looking at this fresh, is it clear to you there are a lot of newfound cost efficiencies or ongoing cost efficiencies?" The new CFO said one way Google can find additional efficiencies is by using AI "within our own processes and how we get work done." WATCH: Google search benefiting from generative AI

Persons: Ruth Porat, Porat's, Anat Ashkenazi, Sundar Pichai, Ruth, Sundar, Ashkenazi, Eli Lilly, Porat, There's, Pichai, Askenazi, Evercore, Mark Mahaney Organizations: Google, Tuesday Locations: Silicon Valley

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