CNBC’s Jim Cramer recommended that long-term investors put some cash to work in the broad market after Wall Street’s steep declines Tuesday. “Given that it’s a good idea to keep some money in an S&P 500 index fund for your retirement, you have my blessing tomorrow morning to commit some capital,” the “Mad Money” host
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Salesforce’s Marc Benioff told CNBC’s Jim Cramer on Tuesday that he was “never leaving” the enterprise software giant he co-founded in 1999. “But I couldn’t be more thrilled to have a great partner here with Bret Taylor,” Benioff said. Taylor on Tuesday was promoted to co-CEO of Salesforce alongside Benioff. Salesforce’s Marc Benioff told CNBC’s
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Bret Taylor will be co-CEO alongside Marc Benioff, who built Salesforce into one of the world’s largest enterprise software companies. Taylor was quickly promoted at Salesforce after the company acquired his productivity software start-up Quip in 2019. Taylor has been a prominent voice on earnings calls and played a key role in Salesforce’s Slack acquisition.
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Allbirds reported third-quarter revenue growth 33% from last year, while its losses widened. Co-founder and CEO Joey Zwillinger said the company saw notable strength in its stores in the United States, and shoppers responded well to new product launches. The company ended the quarter with 31 retail locations, including those outside the U.S. Allbirds said
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Salesforce reported fiscal third-quarter earnings on Tuesday. Salesforce named Bret Taylor to be co-CEO alongside current CEO Mark Benioff. Salesforce said earnings per share for the December quarter would be between 72 and 73 cents, lower than Refinitiv analyst expectations of 81 cents. Salesforce reported fiscal third-quarter earnings on Tuesday for the period ending Oct.
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The FDA’s Antimicrobial Drugs Advisory Committee voted 13 to 10 to recommend emergency authorization of molnupiravir. Molnupiravir is an oral antiviral drug designed to treat adults with mild to moderate symptoms of Covid-19 who are at high risk of severe disease. Most committee members agreed it was a difficult vote, with unanswered questions about the
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Amazon Web Services CEO Adam Selipsky delivers the AWS re:Invent keynote in Las Vegas on Tuesday morning. (Screenshot via webcast) Amazon Web Services CEO Adam Selipsky echoed his predecessor Andy Jassy in his first AWS re:Invent keynote address Tuesday morning, citing vast opportunities for growth as more companies embrace the cloud. But Selipsky offered another
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Microsoft shareholders voted for the proposal, backed by Arjuna Capital, at the company’s annual general meeting. The move comes after a board-level investigation into co-founder Bill Gates’ activities almost two decades earlier. Microsoft shareholders on Tuesday approved a proposal asking the board to publish a report on the effectiveness of its workplace sexual harassment policies
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Automotive executives believe President Joe Biden’s goal of half of new vehicles sold in the U.S. to be electric by 2030 is achievable, according to a new KPMG survey. While estimates varied widely, the survey on average found that executives expect 52% of new vehicle sales to be all-electric by 2030. A majority of survey
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The keys to your pickup truck may be your key to making more money. High gas prices are causing consumers to swap for smaller vehicles. More and more, the average person doesn’t have a vehicle that can move items of substantial size and weight. Independent contractors can make money with a truck. We’ll give you
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Microsoft CEO Satya Nadella, center, with (left to right) John Thompson, lead independent director; Amy Hood, chief financial officer; Brad Smith, president, and Brad Iverson, general manager of investor relations. (Screenshot via webcast.) Microsoft pledged to release more data about sexual harassment cases inside the company after shareholders approved a resolution on the issue that
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The most valuable sources of VoC data for B2B marketers. Voice of the customer data represents the opinions, desires, demands and motivations of your target customers. It allows you to understand their needs better than anyone else, helping you develop customer-driven products (and come up with effective ways to communicate with them). This ultimately enables
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White House chief medical advisor Dr. Anthony Fauci said Tuesday that 226 cases of the highly mutated omicron Covid-19 variant have been detected across 20 countries so far, but U.S. officials haven’t yet confirmed a case in the states. The variant, which first emerged in South Africa about a week ago, has more than 30
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National Retail Federation CEO Matt Shay said Tuesday that the new Covid-19 variant could direct more dollars toward electronics, toys, apparel and other items instead of vacations and movie tickets. News of the omicron variant came during a key time for holiday shopping. The trade group reiterated that its forecast of between $843.4 billion and
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Allbirds, which reports its first earnings as a public company on Tuesday, has looked to set itself apart from other companies in the sneaker and apparel space like Adidas, Nike and Lululemon through its heavy focus on environmentally friendly products and business practices. As more money is flowing into ESG-focused investments, Wall Street analysts appear
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Beauty is expected to be a hot category this holiday season, as more people primp for parties and return to stores again. The holiday season brings the first big test for partnerships that Target and Kohl’s have struck with Ulta Beauty and Sephora. Both Target and Kohl’s say the partnerships are helping bring new customers
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If you’re looking to make a little more money, why not put your typing skills to work? A quick search will tell you there are job opportunities and quite a few typing jobs available. This blog will help you put that basic knowledge to work. It will cover everything from the right jobs to the
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The Microsoft Minesweeper ugly sweater. (Microsoft Image) Just in time for the 2021 holidays, Microsoft is releasing an ugly sweater that throws the style clock back to 1990. Continuing its recent tradition of celebrating its vintage software, the tech giant is selling a $75 sweater with a “Microsoft Minesweeper” design. The video game, which involves
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