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☆ OpenAI CEO Sam Altman shares his No. 1 strategy for living without regrets: You should 'put a huge premium' on it
▼ + stars: | 2024-09-17 | by ( Jennifer Liu | ) www.cnbc.com time to read: +2 min

Sam Altman, CEO of OpenAI, during a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. He may not have known it at the time, but in 2005 Sam Altman took a risk that changed the trajectory of his career. It "seemed like a really fun thing to try," Altman, 39, told students during an interview at his alma mater, the St. Louis-area John Burroughs School. On the other hand, a one-way door risk is harder to undo. The risky thing is to not go try the things that might really work out.

Persons: Sam Altman, That's, Altman, OpenAI Altman, Jeff Bezos, Lex, Bezos Organizations: Economic, John Burroughs School Locations: Davos, Switzerland, Stanford, Louis

☆ My kid just went to college, and I'm now an empty nester. I don't want to fill all my time with work.
▼ + stars: | 2024-09-16 | by ( Sayu Bhojwani | ) www.businessinsider.com time to read: +6 min

My grief is not over the fact that they are in college, but that our family life is forever changed. AdvertisementAs the leader of a national organization focused on building a more inclusive democracy, I have traveled extensively for work. Without my child at home, I don't know what I'll have as a bulwark against work. But the sense of urgency that often informs professional life is largely unnecessary unless you're a healthcare professional or emergency aid worker. However purposeful and satisfying my professional life can be, I want to hold on to that part of my life that's not about producing, reacting, and managing people and problems.

Persons: —, wasn't, we'll, saddens, There's, I've, I'm Organizations: Service

☆ How I went from community college to a Blackstone internship in just 5 years
▼ + stars: | 2024-09-16 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +9 min

I decided to attend the Bureau of Manhattan Community College to build up my academic skills before eventually transferring to City College. That person suggested I apply to Blackstone's LaunchPad, which gives first-generation college students a chance to experience corporate life through an internship. Before this internship, I had no corporate experience, but now I feel confident because I've succeeded at such a big firm with a good reputation. AdvertisementHere's how I went from being the first person in my family to apply to college shortly after moving to the US to an internship at Blackstone in just a few short years. He referred me to a campus recruiter from Blackstone and also told me about the LaunchPad internship.

Persons: Elian Hilario, Blackstone's, I've, Elian, Braven, Blackstone, LaunchPad, Maura Pally, I'm, we've Organizations: Service, Manhattan Community College, City College, Business, Blackstone, DEI, Diverse, Analysts, Blackstone Charitable Foundation Locations: New York, Dominican Republic, Blackstone's, Blackstone, of New York

☆ Inside Amazon's new AI sales machine: More pressure, more pay, more speed
▼ + stars: | 2024-09-16 | by ( Eugene Kim | ) www.businessinsider.com time to read: +11 min

AdvertisementThese AWS staffers were asked to find at least one sales opportunity each month for Q, Amazon's AI assistant, and Bedrock, the company's AI platform. AdvertisementMany AWS sales teams have new performance targets tied to AI products. AdvertisementHitting these goals is important for Amazon employees because that can result in higher performance ratings, a key factor in getting a raise or promotion. The "Find One, Launch One, Ramp One" initiative includes AWS sales architects. More pressure but also more rewardsAmazon is also doling out bonuses and other forms of potentially higher pay for AI sales success.

Persons: —, Matt Garman, salespeople, AWS's, Garman, Microsoft Satya Nadella, Justin Sullivan, Q, hasn't Organizations: Service, North, Business, AWS, Messaging, Amazon, Microsoft, Google, BI, there's, Amazon Connect Locations: North America

☆ Future Proof gathering in California surf town is trying to reinvent the investment conference
▼ + stars: | 2024-09-16 | by ( Bob Pisani | ) www.cnbc.com time to read: +7 min

More than 4,000 people have descended here for the Future Proof conference , a vast social gathering designed to give younger registered investment advisors and other investment professionals access to what they want. What they want, apparently, is an intense desire to network with other RIAs and investment professionals and find ways to grow their business. Reimagining the financial conference Future Proof is the brainchild of Barry Ritholtz, co-founder, chairman, and chief investment officer of Ritholtz Wealth Management, and CEO Josh Brown. This is the third year for the conference, but Ritholtz and company have been doing conferences for 15 years. Ritholtz describes it as an ongoing project to reinvent the financial conference concept, which he says is "moribund."

Persons: Barry Ritholtz, Josh Brown, Ritholtz, Van Eck, Matt Middleton, Adarsh, Brett Rodgriguez, Delon Mansour, Mansour, Shyamsundar, Harris, Consulting's Brett Rodgriguez, Akash Shah, Shannon Saccocia, Raj Dhanda, Ares Management, John Christmas, RIAs, They'll, Mike Novogratz, Anna Paglia, Bryan Whalen, Saira Malik, Lauren Goodwin, Scott Wapner, DoubleLine Capital's Jeff Gundlach, CNBC's, Jan van Eck, Matt Hougan, DJ Mick, There's, Bob Pisani, Jon Maier, JP Morgan, Pisani, Jan Van Eck, Marlena Lee, That's Organizations: Ritholtz Wealth Management, JPMorgan Chase, Capital Group, Street Global Advisors, Funds, Polaris Capital Management, Graystone Consulting, Investments, Investment, Ares, HPS Investment Partners, Global, Life Investments, Bitwise, Management, Dimensional Fund Advisors Locations: HUNTINGTON BEACH, Calif, Los Angeles, Iowa, California, Huntington Beach, San Diego, Michigan, ETFEdge.cnbc.com

☆ Nvidia CEO Jensen Huang revived the AI trade this week. Here's how the pros are playing it
▼ + stars: | 2024-09-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Recent comments from Nvidia CEO Jensen Huang seemed to revive investment in the turbulent AI sector this week, while leading portfolio managers to recenter attention on the winning trades. Nvidia shares rallied more than 8% on the heels of Huang's remarks, which soothed some recent market jitters over the delayed payoff from AI investments. For the week, AI and semiconductor names such as Advanced Micro Devices, Marvell Technology, Super Micro Computer and Broadcom rallied double digits. NVDA 1M mountain Nvidia shares over the past month. Longer term, he views Apple as the leading AI device play and AI personal assistant, especially as more consumers adopt its Vision Pro headset.

Persons: Jensen Huang, We're, Huang, Goldman Sachs, Huang's, Jensen, John Belton, CFRA's Angelo, Apple, Zino isn't, Belton, Mark Malek Organizations: Nvidia, Technology, Devices, Marvell Technology, Micro Computer, Broadcom, Gabelli, Taiwan Semiconductor Manufacturing, Meta, Micron Technology, Apple Intelligence, Dell, Materials, KLA Corporation, Microsoft

☆ Welcome to a new era of work: The portfolio career
▼ + stars: | 2024-09-14 | by ( Madison Hoff | ) www.businessinsider.com time to read: +9 min

But around a year and a half ago, she decided to pursue what she calls a "portfolio career." Anna Mackenzie has a portfolio career and likes the variety of gigs she can do with this type of work. Mackenzie SweetnamJanel Abrahami, who also has a portfolio career, doesn't see workers going back to how work was before the pandemic. Some people may take on a freelance job or work more than one job to kick off their portfolio career. AdvertisementThe pros and cons of a portfolio careerMackenzie and Abrahami both think a portfolio career isn't for everyone.

Persons: —, Anna Mackenzie, Mackenzie, Mackenzie Sweetnam Janel Abrahami, doesn't, it's, divesting, Abrahami, Janel Abrahami, Janel Abrahami Mackenzie, who've, who's, " Mackenzie Organizations: Service, Business Locations: New Jersey, Australia

☆ This 32-year-old cashed out on over $2 million in startup equity—here are five tips on how to negotiate for more shares
▼ + stars: | 2024-09-13 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +6 min

Over the course of about 10 years at the company, Vashi worked his way up from an entry-level consultant role to vice president. It all paid off in June 2022, when Anaplan was acquired by private equity company Thoma Bravo at a roughly $10.4 billion valuation. Here are five tips on how to negotiate for more equity at work, according to Vashi:1. "The best way to secure equity compensation is to make yourself extremely important to the company," he said. When it comes to employees, it is "all based on [their] contributions, either actual contributions or expected contributions," Vashi said.

Persons: Bhavik Vashi, Vashi, Anaplan, Thoma, they've Organizations: University of California, CNBC, Thoma Bravo, Asia Pacific, Carta, Employees Locations: Valley, Berkeley, Silicon Valley, Middle East

☆ I've applied to nearly 2,200 jobs and am ready to give up
▼ + stars: | 2024-09-10 | by ( Tim Paradis | ) www.businessinsider.com time to read: +8 min

Cash previously spoke to Business Insider about his approach to cover letters back when he'd applied for about 1,200 jobs. I've been spending less time in front of my computer these days because I'm almost up to 2,200 job applications. Almost inevitably, when I'm driving someone, the question comes up, "Do you do this full time?" Immediately, I was like, "Oh, my God, I've probably applied there a dozen times in the last year or two." I recently had three people in my car from another top consultancy that I've applied to a handful of times.

Persons: Kevin Cash, Cash, He's, he'd, I've, I'm, gosh, haven't, Uber, it's, Uber I've, It's, I'd Organizations: Service, Navy, Mensa, Business, Adidas, FILA, Amazon, Uber Locations: Portland , Oregon, Portland, Taskrabbit

☆ I was laid off from Deloitte after I struggled to fit in. My coworkers wore burnout like a badge of honor, and I had to dim my personality.
▼ + stars: | 2024-09-09 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +12 min

When I received a call from a Deloitte representative saying I'd landed a post-grad job as an actuarial analyst, I was ecstatic. But I didn't feel like there was space to express my femininity. I honestly didn't feel like there was a way to thrive in a more masculine environment without entirely abandoning my femininity, so I tucked away my spiritual, bubbly side. AdvertisementI didn't feel safe confiding in anyone about my workload concerns because everyone around me seemed to wear their burnout as a badge of honor. My superiors encourage me to leave work at work and I finally have time to nourish my hobbies and relationships.

Persons: —, Cierra Desmaratti, It's, I'd, That's, hadn't, Deloitte's, I've, Tess Martinelli Organizations: Service, Deloitte, Business, North Central College, Deloitte's Chicago, International Association of Black Actuaries, Transamerica, Big Locations: Miami, Naperville , Illinois, Deloitte's, Chicago, Transamerica, tmartinelli

☆ A Gen Z Stanford graduate who left an engineering job to pursue filmmaking was surprised by the overlap in industries
▼ + stars: | 2024-09-07 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

But soon after graduating, McRuer made an unlikely early-career pivot, ditching his dependable product design job to pursue his passion for film. The 2019 graduate studied product design at Stanford's School of Engineering. The internship quickly evolved into a full-time product design position. He initially thought he could get his filmmaking fix via a hobby that played second fiddle to his engineering work. But McRuer said he was ultimately surprised by the overlaps he's seen working in both engineering and film — particularly when producing.

Persons: —, Jason McRuer, McRuer, I'm Organizations: Service, Business, Stanford's School of Engineering, Sundance Film, Global Health Labs, City of Locations: LA, City, City of Angels, Coast, Brooklyn

☆ The Hard-Partying Lawyers Who Get Negligent Companies to Pay Billions
▼ + stars: | 2024-09-05 | by ( Jack Newsham | ) www.businessinsider.com time to read: +23 min

In 2023, mass-tort lawyers spent $152 million on TV ads and millions more on social media. The data provider X Ante estimated that in 2023, mass-tort lawyers spent $152 million on TV ads and millions more on social media. The decades that followed mass torts' onset on the national stage showed the big risks and big rewards of mass torts. AdvertisementIn a class action, a settlement is public, and the judge has to approve the lawyers' fees. But others are confident that indebted mass-tort lawyers can bounce back from a few bad bets.

Persons: Mike Papantonio, Pap, Johnson, Paul Cody, Bayer, Chris Seeger, audibles, Budd, Ness Motley, Motley Rice, South Carolina —, doling, Seeger, Wyeth, Phil Federico, Paul Hanly who'd, Federico, Lejeune, who've, Camp Lejeune, mack, Curt Miner, I've, Don Worley, Worley, —, Daniel A, Mark Lanier, wouldn't, Elizabeth Chamblee Burch, Burch, Ellen Relkin, Merck, Vioxx, There's, Lucian Pera, Keller Postman, Jeremy Troxel, Keller, Troxel, Michael McDonald, Warren Postman, Postman, Kelsey Vlamis, Jack Newsham Organizations: Wynn, Vegas, Camp Lejeune, pharma, Supreme, X, Pfizer, Defense, Marines, Veterans, Foreign, US Marine Corps, Johnson, University of Georgia, Business, Intuit, Rihanna, Morning Investments, Fortress Investment, Gramercy Funds, Deepwater, Investments Locations: Camp, Texas, South Carolina, Baltimore, North Carolina, Camp Lejeune, America, Beverly Hills , California, nonbanks

☆ Why Broadcom stock is tumbling after an earnings beat — and how to play the dip
▼ + stars: | 2024-09-05 | by ( Jeff Marks | ) www.cnbc.com time to read: +10 min

Broadcom reported an earnings beat Thursday, driven by strong sales of its AI products and VMware software. We view Broadcom as one of the biggest AI beneficiaries through its networking and custom chip businesses. However, Broadcom generated $5.3 billion in free cash flow when excluding restructuring and integration cash costs in the quarter. The semi number is a slight miss versus expectations, and the difference is probably due to the non-AI business lines because AI sales are humming. Broadcom raised its full-year AI revenue forecast to $12 billion, up from prior guidance of over $11 billion.

Persons: Hock Tan, Tan, …, Tan didn't, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Broadcom, VMware, LSEG, VMWare, Wall Street, Marvell Technology, Devices, Nvidia, Revenue, Apple, Management, CNBC Locations: Hock, American, San Jose , California

☆ A Gen Zer left Boston for New York City because housing was expensive and it offered a 'fraction of the life experience'
▼ + stars: | 2024-09-04 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

After spending a few months researching places to live, New York City — the borough of Brooklyn in particular — stood out. "Cities like Boston that used to seem affordable are feeling just as expensive as New York City for a fraction of the experience," she added. Rent in New York City and Boston can vary considerably depending on where one looks, but New York is generally more expensive. The median rent for a one-bedroom apartment in New York City is $3,300 compared to $2,600 in Boston, per Zillow. AdvertisementAside from housing, White said one of the most expensive parts about living in New York City is the costs that come with having a social life.

Persons: Jillian White, White, —, Georgia —, she's, it's, Boston — Organizations: Service, New, Boston University, Business, Apple, New York City —, Boston Locations: New York City, Boston, , New York City, Brooklyn, Brooklyn's Bedford, Stuyvesant, Cities, York City, New York, Florida , Texas , California, North Carolina, Georgia, NYC, York, White, Beacon Hill, Seaport, Fenway, Manhattan

☆ End of an era: The big change coming to European travel in November
▼ + stars: | 2024-08-31 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get the latest news in aviation, food and drink, where to stay and other travel developments. CNN —In travel news this week: an accidental megadeal on first-class tickets, the world’s best-connected airport and why now is a good time to plan a trip to Europe. Goodbye to EU passport stampsPaper mementoes of our travels, from boarding cards to even passports themselves, are fast moving into obsolescence. Whether you’re off to Greece, Asia or the Middle East, you’ll likely find a use for these 45 best-selling travel accessories.

Persons: Il dolce, –, Lucy Laucht, it’s, you’ll, Hell Organizations: CNN, Labor, European Union Schengen Area, Aviation, Australian, Qantas, CNN Travel, Duluth Locations: Europe, Naples, Ischia, Puglia, Amalfi, Hungary, Gresham, Budapest, Stockholm, Greece, Northeast Asia, Abu Dhabi, Asia, Duluth, Minnesota, Duluth , Minnesota, United States, Lake Superior, Japan, Chile

☆ The 4 best strategies Kamala Harris uses to handle being interrupted, according to a professional speaker
▼ + stars: | 2024-08-30 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +5 min

As a leadership speaker and expert on workplace confidence, I've spent decades analyzing the best techniques for garnering attention and communicating effectively. Pointed eye contact can force the interrupter to acknowledge youWhen interrupted by Mike Pence during the 2020 Vice Presidential debate, Harris turned her attention to Pence and made pointed eye contact with him. She didn't shrink away from the interaction or internalize his disruption; rather her eye contact demonstrated authority, confidence, and control over the situation. Related storiesMaking eye contact with someone who's been dismissive of you demands their attention and forces them to acknowledge you. Harris uses this strategic repetition to highlight just how many times she's been interrupted or disrespected.

Persons: —, Selena Rezvani, It's, I've, Kamala Harris, Harris, Mike Pence, she's, Pence, who's, they're, Tess Martinelli Organizations: Service, Business Locations: Philadelphia, tmartinelli

☆ Why Cramer advises against running out to buy Nvidia's post-earnings stock dip
▼ + stars: | 2024-08-28 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

Jim doesn't see a need to step in first thing Thursday morning and buy the dip. Through its Nvidia AI Enterprise service, Nvidia is in the process of building out a potentially massive software business. Quarterly commentary During Nvidia's fiscal second quarter, better-than-expected sales were driven by strength in all key segments, including a Data Center segment revenue record. Regarding China, Kress said, "Data Center revenue in China grew sequentially in Q2 and is a significant contributor to our Data Center revenue. Guidance Taking a closer look at guidance, Nvidia's fiscal third quarter may not have beaten the Street's estimates by the magnitude some were hoping for, but it's far from disappointing.

Persons: Lindy, Triple Lindy, Jensen Huang, Hopper, Blackwell, Jim Cramer, Jim doesn't, Colette Kress, Kress, it's, inferencing, ChatGPT, Cloud prem, Nvidia Isaac, Jim Cramer's, Jim, Andrej Sokolow Organizations: Nvidia, Revenue, Triple, Moore's, Hopper, Blackwell, Amazon Web Services, Google, Enterprise, Devices, Intel, Apple, Data Center, Networking, Management, Data, Centers, Automotive, Siemens, Nvidia Blackwell, Mercedes, Benz, Nvidia Omniverse, CNBC, Getty Locations: China, Boston, Silicon Valley

☆ Mark Zuckerberg says White House 'pressured' Meta to 'censor' Covid-19 content
▼ + stars: | 2024-08-27 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +3 min

The letter was posted on the committee's Facebook page and on its account on the X social media platform on Monday. The Biden administration "pressured" Facebook parent Meta to "censor" content related to Covid-19, the social media giant's CEO, Mark Zuckerberg , alleged, adding that he regrets some of the decisions taken in relation to the U.S. government's requests. NBC News has reached out to the White House for comment Tuesday morning, but did not immediately receive a response. That year, the White House criticized social media firms, including Facebook, for allowing misinformation related to the coronavirus to spread across their platforms. Zuckerberg's letter underscores the ongoing debate about the extent to which social media firms should moderate content.

Persons: Mark Zuckerberg, Zuckerberg, Biden, Meta, Jim Jordan, Chan Organizations: Meta, Committee, Tech, Biden Administration, White, Republican, Facebook, NBC News, Politico, Rep Locations: Ohio

☆ Australian transgender woman wins landmark case against female-only app
▼ + stars: | 2024-08-23 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

SYDNEY, Australia — A court in Australia ruled Friday that removing a transgender woman from the female-only social networking platform Giggle for Girls constituted discrimination, in a landmark decision on gender identity for the country. “Tickle’s claim of direct gender identity discrimination fails, but her claim of indirect gender identity discrimination succeeds,” Judge Robert Bromwich said. The case marks the first time that the Federal Court has made a ruling on gender identity discrimination since changes were made to the Sex Discrimination Act in 2013. “This decision is a great win for transgender women in Australia,” said Professor Paula Gerber at Monash University’s Faculty of Law. “This case sends a clear message to all Australians that it is unlawful to treat transgender women differently from cisgender women.

Persons: Roxanne Tickle, Sally Grover, Grover, “, Australia’s, Giggle, Tickle, Robert Bromwich, ”, Paula Gerber, ” Gerber, Bromwich, ” Grover Organizations: Girls, Federal, Monash University’s Faculty of Law Locations: SYDNEY, Australia, Grover

The agency also said that it was under the initiative of Prime Minister Khadga Prasad Oli, who issued a directive saying that all social networking sites should be treated equally. Oli became the prime minister last month after the collapse of the previous coalition government. The previous government had imposed the ban on TikTok in November last year, saying it was necessary to regulate the use of the social media platform because it was disrupting social harmony and goodwill and diffusing indecent materials. The government has also asked social media platforms companies to register in Nepal, open a liaison office, pay taxes and abide by the country’s laws and regulations. There were several exchanges of communication between the government and TikTok officials in the months leading to the lifting of the ban.

Persons: Prithvi Subba Gurung, Khadga Prasad Oli, Oli, China’s ByteDance, TikTok Organizations: National, Agency Locations: KATHMANDU, Nepal, Beijing, United States, Britain, New Zealand

☆ Roxanne Tickle: Australian transgender woman wins landmark case against female-only app
▼ + stars: | 2024-08-23 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Sydney, Australia Reuters —An Australian court ruled on Friday that removing a transgender woman from female-only social networking platform Giggle for Girls constituted discrimination, in a landmark decision on gender identity for the country. “Tickle’s claim of direct gender identity discrimination fails, but her claim of indirect gender identity discrimination succeeds,” Judge Robert Bromwich said. The case marks the first time that the Federal Court has made a ruling on gender identity discrimination since changes were made to the Sex Discrimination Act in 2013. “This decision is a great win for transgender women in Australia,” said Professor Paula Gerber at Monash University’s Faculty of Law. “This case sends a clear message to all Australians that it is unlawful to treat transgender women differently from cisgender women.

Persons: Roxanne Tickle, Sally Grover, Grover, “, Australia’s, Giggle, Tickle, Robert Bromwich, ”, Paula Gerber, ” Gerber, Dean Lewins, Reuters Giggle, Bromwich, ” Grover Organizations: Australia Reuters —, Girls, Federal, Monash University’s Faculty of Law, Reuters Locations: Sydney, Australia, Grover

☆ 8 buy-rated stocks set to take off from red-hot AI data center demand as Big Tech shells out billions: Bank of America
▼ + stars: | 2024-08-22 | by ( Christine Ji | ) www.businessinsider.com time to read: +1 min

The data center industry is booming as Big Tech continues its multi-billion AI spending spree. Bank of America shares eight buy-rated stocks to take advantage of the data center megatrend. AdvertisementRegardless if you're an AI bull or bear, one thing is for certain: Data center demand isn't going away anytime soon. Big Tech companies are continuing their data center spending spree, as seen in Q2 announcements of increased AI capital expenditures from Microsoft, Meta, and Amazon. Big Tech companies will need to expand their data center capacity and also build their own bespoke data centers to house GPU infrastructure, according to Chris Downie, the CEO of the data center company Flexential.

Persons: —, Chris Downie Organizations: Big Tech, Bank of America, Service, Microsoft, Meta, Business

☆ Cisco shares have best day since 2020 on earnings beat, plans to cut 7% of workforce
▼ + stars: | 2024-08-15 | by ( Todd Haselton | ) www.cnbc.com time to read: +3 min

Cisco CEO Chuck Robbins participates in a Bloomberg Television interview at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023. Cisco shares jumped about 7% on Thursday for their best day since November 2020, after the computer networking company said it's cutting 7% of its workforce and reported quarterly results that beat analyst estimates. Cisco reported $13.64 billion in revenue for the quarter, ahead of Wall Street estimates of $13.54 billion. Revenue fell 10% from the year-ago quarter, marking the third straight quarter of sales declines. WATCH: Cisco CEO Chuck Robbins on Q4 results

Persons: Chuck Robbins, Morgan Stanley, CNBC's, Robbins, — CNBC's Michael Bloom, Ari Levy Organizations: Cisco, Bloomberg, Economic, Revenue, Bank of America Locations: Davos, Switzerland

☆ Stocks making the biggest moves midday: Walmart, Nike, Dell, Tapestry and more
▼ + stars: | 2024-08-15 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +4 min

The firm owned more than 3 million shares of Nike at the end of June, a stake worth roughly $229 million, the filing disclosed. Dell — Shares climbed 7.1% after JPMorgan added Dell to its focus list, noting the potential for upside after a recent pullback. Tapestry adjusted earnings per share of 92 cents, versus analysts' estimates of 99 cents per share, per LSEG. Berkshire holds 132.9 million shares of Sirius XM versus 36.7 million previously. Earnings per share fell to $4.59 in the fiscal second quarter from $7.98 per share a year ago.

Persons: Bill Ackman's, Warren Buffett, Berkshire Hathaway, Ted Weschler, Todd Combs, Alibaba, FactSet, Robinhood, Yun Li, Samantha Subin, Michelle Fox, Pia Singh, Alex Harring, Sean Conlon, Jesse Pound Organizations: Walmart, Nike, Bill Ackman's Pershing, Capital Management, Berkshire, Dell, JPMorgan, Citi, Cisco Systems, Cisco, Deere, Bros, UBS, Deutsche Bank, Lumentum Holdings, Sirius XM Holdings, Sirius XM, Management

☆ How Analyst Dylan Patel gets inside Nvidia to make connections from the semiconductor industry to the tech it enables
▼ + stars: | 2024-08-14 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +8 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. SemiAnalysis gets deep into the weeds on graphics processing units, from the base of the supply chain to the end-users building the AI models that require so many specialized chips. AdvertisementThe team consists of people across the entire supply chain, geographically and technically. So we have the entire view of the supply chain, from manufacturing, up to models. The other place I like to look a lot is random suppliers that are very small in niche parts of the supply chain, or suppliers of suppliers.

Persons: —, Jensen Huang isn't, Dylan Patel, SemiAnalysis, Sam Altman, Patel, Sundar, Altman, Blackwell, Nvidia's, They've, they're Organizations: Service, intel, Google, Business, BI, Nvidia, Microsoft, AMD, Meta Locations: US, Japan, Singapore, Taiwan, France

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