Month: December 2024
Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance
Marc Benioff, chief executive officer of Salesforce speaks during the World Economic Forum (WEF) in Davos, Switzerland on January 18, 2024. Halil Sagirkaya | Anadolu | Getty Images 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. Here is […]
Read More
Peter Thiel’s Founders Fund loses one of first partners to emeritus role
Entrepreneur Brian Singerman (R) and Noelle Moseley arrive at the Tenth Breakthrough Prize Ceremony at the Academy Museum of Motion Pictures in Los Angeles, California, on April 13, 2024. Etienne Laurent | Afp | Getty Images Brian Singerman, one of the earliest employees of Peter Thiel’s Founders Fund, said on Tuesday that he’s stepping down […]
Read More
Mike Bloomberg warns making RFK Jr. HHS secretary risks killing Americans, urges Senate to reject him
Former New York City mayor Michael Bloomberg, a democratic presidential candidate, attends the U.S Conference of Mayors 88th Winter Meeting in Washington, D.C, January 22, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Billionaire and public health advocate Mike Bloomberg on Tuesday excoriated Robert F. Kennedy Jr., President-elect Donald Trump’s pick for U.S. health […]
Read More
OpenAI hires first marketing chief from Coinbase
Jaque Silva| Nurphoto | Getty Images OpenAI has hired its first chief marketing officer, nabbing Kate Rouch from crypto company Coinbase. Rouch joined Coinbase in August 2021 to lead global marketing and public relations, and oversaw the company’s Super Bowl ads. Before that, she spent more than 11 years at Meta, including a role as […]
Read More
This is the biggest AI winner two years after ChatGPT’s debut — and it’s not Nvidia
In the two years since the launch of ChatGPT, stocks have soared to new highs, megacaps have ballooned in size and AI chipmaker Nvidia has become the second-largest stock in the U.S. by market value. But the biggest winner has in fact been a little-known Ohio-based cooling technology stock named Vertiv Holdings. Vertiv has benefited […]
Read More
Intel considers an outside CEO, taps headhunters, sources say
Signage outside Intel headquarters in Santa Clara, California, on Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Intel is considering hiring an external candidate to replace ousted CEO Pat Gelsinger and has hired executive search firm Spencer Stuart to identify potential successors, according to people familiar with the matter, who requested anonymity […]
Read More
Intel shares slide as Gelsinger exit leaves chipmaker without a ‘quick fix’
Intel CEO Pat Gelsinger speaks while holding a new chip, called Gaudi 3, during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023. Seth Wenig | AP Intel shares fell more than 5% on Tuesday, a day after the embattled chipmaker announced the ouster of CEO Pat Gelsinger, whose four-year tenure was […]
Read More
The top books and experiences for the wealthy this holiday season
Courtesy: J.P. Morgan Private Bank J.P. Morgan Private Bank is out with its list of recommended holiday books and experiences for wealthy clients, and this year’s offerings include a George Clooney Broadway debut, an expanded art museum in São Paulo, Brazil, a wellness center in Manhattan and books about leadership and artificial intelligence. The “NextList2025,” […]
Read More
Apple says it uses Amazon’s custom AI chips
Amazon CEO, Andy Jassy speaking with CNBC’s Jim Cramer on Mad Money in Seattle, WA. on Dec. 6th, 2023. CNBC Apple is currently using Amazon Web Services’ custom artificial intelligence chips for services like search and will evaluate if the company’s latest AI chip can be used to pre-train its models like Apple Intelligence. Apple […]
Read More
Charts indicate this health-care stock could eventually double, according to Todd Gordon
Hims & Hers Health (HIMS) is an online multi-speciality telehealth company that virtually connects consumers with licensed healthcare professionals. The company has made quite a bit of headlines since going public in 2021, producing highly volatile price trends that are certainly not for the ‘faint of heart’. We covered this name in this column back […]
Read More