Markets brace for key U.S. inflation gauge

Markets brace for key U.S. inflation gauge

A customer shops at a supermarket in Oregon. Wang Ying | Xinhua News Agency | Getty Images This 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. Like what you see? You can subscribe here. … Read more

Oracle shares rise on better-than-expected quarterly earnings

Oracle shares rise on better-than-expected quarterly earnings

Larry Ellison, co-founder and executive chairman of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Oct. 22, 2018. David Paul Morris | Bloomberg | Getty Images Oracle reported quarterly earnings on Monday that exceeded Wall Street’s expectations. The shares rose over 8% in extended trading. Here’s how the company did: Earnings: … Read more

Parker Harris prepared Salesforce for AI. Now he’s focused on Slack

Parker Harris prepared Salesforce for AI. Now he’s focused on Slack

Parker Harris, a co-founder of Salesforce, speaks during a keynote at the company’s Dreamforce conference in San Francisco on Sept. 12, 2023. Marlena Sloss | Bloomberg | Getty Images Each year, Salesforce updates its V2MOM, a planning document laying out vision, values, methods, obstacles and measures. CEO Marc Benioff has said it’s “been used to … Read more

Earnings from Adobe and dollar stores

Earnings from Adobe and dollar stores

CNBC’s Jim Cramer on Friday guided investors through next week’s most important happenings on Wall Street, highlighting Adobe‘s earnings report, as well as ones from Dollar General and Dollar Tree. He also said it’s important to keep an eye on new data scheduled to be released next week that helps measure inflation. “You need to … Read more

Cohere says rivals are building Bugatti sports cars, ‘We make F150s’

Cohere says rivals are building Bugatti sports cars, ‘We make F150s’

Cohere president Martin Kon says a lot of the hot artificial intelligence startups on the market today are building the equivalent of fancy sports cars. His product, he says, is more like a heavy-duty truck. “If you’re looking for vehicles for your field technical service department, and I take you for a test drive in … Read more

Job posts for workers without degrees are booming, but not the hiring

Job posts for workers without degrees are booming, but not the hiring

Many of the market’s top companies with the largest workforces in the nation are touting degreeless jobs and actively removing degree requirements from more job postings. The idea of hiring based on skill rather than completion of college education for certain roles has become more prevalent at a time when workers are in short supply … Read more

Microsoft CEO Satya Nadella hits 10-year anniversary

Microsoft CEO Satya Nadella hits 10-year anniversary

Microsoft CEO Satya Nadella speaks during a keynote address announcing ChatGPT integration for Bing at Microsoft in Redmond, Washington, Feb. 7, 2023. Jason Redmond | AFP | Getty Images When Satya Nadella replaced Steve Ballmer as Microsoft CEO in February 2014, the software company was mired in mediocrity. Its market cap was just over $300 … Read more

Meta is paying first-ever dividend, authorizes $50 billion buyback

Meta is paying first-ever dividend, authorizes  billion buyback

Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Josh Edelson | AFP | Getty Images Meta announced on Thursday that it will pay a quarterly dividend for the first time, and said it authorized an expanded $50 billion share buyback … Read more

David Ellison’s Skydance Media explores buying Paramount Global

David Ellison’s Skydance Media explores buying Paramount Global

Shari Redstone, president of National Amusements and Vice Chairman, CBS and Viacom speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 21, 2019.  Mike Blake | Reuters David Ellison’s Skydance Media and its financial backers are exploring a deal to take private all of Paramount Global, people familiar with the matter told … Read more

SAP plans job changes or buyouts for 8,000 employees in restructuring

SAP plans job changes or buyouts for 8,000 employees in restructuring

SAP CEO Christian Klein speaks at a panel session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 19, 2023. Stefan Wermuth | Bloomberg | Getty Images SAP said on Tuesday that it aims to carry out voluntary buyouts or enable job changes for 8,000 employees as part of … Read more