Carl Eschenbach, Co-CEO Workday, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024. Adam Galici | CNBC Workday shares soared as much as 14% on Friday, one day after the finance and human resources software maker issued fiscal second-quarter results that exceeded analyst estimates and announced … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets drop: Wall Street struggled to hold onto its early gains and moved lower. We’re not surprised to see the market take a breather after its … Read more
In an interview with CNBC’s Jim Cramer, the CEOs of Salesforce and Workday, Marc Benioff and Carl Eschenbach, discussed their companies’ new partnership. They announced Wednesday they would be teaming up to create artificial intelligence that can be used to help with onboarding and human resources, among other tasks. Both CEOs said the strength of … Read more
We danced around it all week. We called out the many culprits for Salesforce’s weak quarterly results on Wednesday — and subsequent stock plunge — including an elongated sales cycle, a measured economic environment, and the need for more senior executives to check off on products. But one we didn’t call out was the law … Read more
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Wall Street was bouncing higher Friday after, as Jim Cramer put it, a “really bad day” in the prior session. Thursday’s late-day decline happened as bond yields rose on … Read more
Arvind Jain, co-founder and CEO of Glean, makes a selfie with employees of the startup, which is based in Palo Alto, Calif. Glean Artificial intelligence startup Glean attracted tech companies Databricks and Workday into its latest investment round. The Silicon Valley company also reeled in cash from Wall Street. Glean, whose software sifts through corporate … Read more
CNBC’s Jim Cramer on Friday guided investors through next week’s market action, advising them to pay attention to earnings reports from companies including Salesforce, Snowflake and Domino’s. “I don’t know if the rosy hue from Nvidia has staying power for next week,” Cramer said. “But there are plenty of good companies here that can carry … Read more
The Singapore River and Merlion Park in the evening Photography By Bobi | Moment Open | Getty Images SINGAPORE â Singapore’s plan to invest more than $743 million into artificial intelligence over the next five years could strengthen its position as a global business and innovation hub, tech executives said. In his Budget speech on … Read more
