Zoom stock has best day since 2022 on Q2 2025 results, raised guidance

Zoom stock has best day since 2022 on Q2 2025 results, raised guidance

Zoom CEO Eric Yuan speaks at the Dropbox Work In Progress Conference in San Francisco on Sept. 25, 2019. Matt Winkelmeyer | Getty Images for Dropbox Zoom shares soared the most since November 2022 on Thursday after the video chat company reported better-than-expected results for the second quarter and raised its full-year guidance. The stock rose … Read more

Kamala Harris fundraiser features Cooper, Buttigieg, Walz

Kamala Harris fundraiser features Cooper, Buttigieg, Walz

Democratic presidential candidate, U.S. Vice President Kamala Harris speaks to supporters during a campaign rally at West Allis Central High School on July 23, 2024 in West Allis, Wisconsin.  Jim Vondruska | Getty Images More than 90,000 people have signed up for Monday night’s “White Dudes for Harris” Zoom fundraising and organizing rally, which will … Read more

Pfizer stock recovers after Covid decline but some employees struggle

Pfizer stock recovers after Covid decline but some employees struggle

Kena Betancur | Corbis News | Getty Images Pfizer had a “phenomenal” first quarter — and Wall Street took notice, CEO Albert Bourla told thousands of employees during a companywide town hall on May 2, according to a recording heard by CNBC.  A day earlier, the pharmaceutical giant’s stock had closed 6% higher after its … Read more

Synthesia now lets you make AI avatar presentations using a webcam

Synthesia now lets you make AI avatar presentations using a webcam

Synthesia launched an option to make AI-generated avatars by recording footage of yourself with a webcam or your phone. Synthesia Synthesia, a British artificial intelligence startup, on Monday showed off a slew of new product updates including the ability to create your own Apple-style key presentations with AI avatars by using just a laptop webcam … Read more

OpenAI safety leader Jan Leike joins Amazon-backed Anthropic

OpenAI safety leader Jan Leike joins Amazon-backed Anthropic

Anadolu | Anadolu | Getty Images Jan Leike, one of the lead safety researchers at OpenAI who resigned from the artificial intelligence company earlier this month, said on Tuesday that he’s joined rival AI startup Anthropic. Leike announced his resignation from OpenAI on May 15, days before the company dissolved the superalignment group that he … Read more

Zoom and Salesforce stand to benefit from Microsoft’s unbundling

Zoom and Salesforce stand to benefit from Microsoft’s unbundling

Microsoft’s rivals won a reprieve on Monday, when the software giant said it would split up its Teams and Office bundles following scrutiny from European regulators. Zoom, whose video chat app took off during the Covid pandemic, has struggled of late to compete with Microsoft’s suite of communications products. Slack, now owned by Salesforce, has … Read more

Fights in the House of Mouse

Fights in the House of Mouse

Actors dressed as Walt Disney characters Mickey Mouse (left) and Minnie Mouse (right) perform during a press preview for the “Minnie Besties Bash!” parade at Tokyo Disneyland on January 17, 2023 in Urayasu, Japan. Tomohiro Ohsumi | Getty Images Entertainment | Getty Images This report is from today’s CNBC Daily Open, our new, international markets … Read more

Ericsson will cut 1,200 jobs in Sweden

Ericsson will cut 1,200 jobs in Sweden

Ericsson announced it is planning to cut jobs as part of its cost-cutting measures. Nurphoto | Nurphoto | Getty Images Ericsson announced on Monday that it will lay off about 1,200 employees in Sweden as the telecommunications company faces slowed demand for its 5G equipment. The company said the downsizing is part of a broader … Read more

Cloud software makers see sliding revenue retention as clients ease up

Cloud software makers see sliding revenue retention as clients ease up

The New York Stock Exchange welcomes Snowflake to usher in the first day of winter on Dec. 21, 2021. To honor the occasion, Snowflake the Bear, joined by Chris Taylor, vice president of NYSE Listings and Services, rings the opening bell. NYSE In 2020, as data analytics software vendor Snowflake was hitting the public market, … Read more

Upbeat sentiment over U.S. growth

Upbeat sentiment over U.S. growth

Job seekers attend a Veteran Employment and Resource Fair in Long Beach, California, US, on Tuesday, Jan. 9, 2024. The Department of Labor is scheduled to release initial jobless claims figures on January 11.  Eric Thayer | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily … Read more