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
Use of PayPal’s buy now, pay later option surged on Black Friday, CEO Dan Schulman told CNBC’s Jim Cramer on Tuesday. “During Black Friday, our volume on buy now, pay later was up almost 400% year over year,” Schulman said. The CEO said short-term installment payments has been “one of the stars, actually, of the
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
It’s that time again! “Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. DigitalOcean: “Look, it is in the right place. It’s tools for developers. I’ve always liked these kinds of companies. I think you’re in fine shape. It’s a very
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.
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
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.
Headset co-founders, left to right: CEO Cy Scott, Chief Technology Officer Scott Vickers, and Chief Design Officer Brian Wansolich. (Headset Photos) The news: Cannabis analytics company Headset on Tuesday announced that it raised $8.6 million in funding. That includes $3 million of venture capital from a round led by Althea, as well as the conversion
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
The NFL’s 2021 Thanksgiving Day games attracted an average of 29.7 million viewers and highlighted by the Dallas Cowboys loss to the Las Vegas Raiders. That game attracted an average of 38.3 million viewers. America loves football on Thanksgiving, and the National Football League remains the beneficiary. The NFL said its Thanksgiving games had the
This year’s “deal mania” shook up the ranks of companies on the GeekWire 200, our index of the Pacific Northwest’s top privately-held startups. A flurry of M&A, IPO and SPAC deals moved several top 10 companies off the list— they “graduate” after going public or getting acquired — which created room for new entrants. With the latest monthly
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
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
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
This season I’m talking about the marketing mistakes I made with my first startup, and I’m hoping that you may benefit from my failures as well as my subsequent experience working with other entrepreneurs. I didn’t realise this mistake while I was working at my first startup. But now that I deal with other entrepreneurs
Mayor Lynne Robinson knows it’s coming. So do the developers, the housing advocates, the retirees who don’t want their suburb to change, and the business owners who both fear and covet more people and more employment. Bellevue’s surge in popularity, pushed largely by the tech industry and encouraged by city leaders, is projected to result
Apple stock was up more than 2% on Tuesday as stocks across industries tumbled on concerns of the new omicron Covid variant, showing investors see the company as a safe haven during market uncertainty. Needham analyst Laura Martin said investors turned to Apple on Tuesday because the company has prodigious cash flow, allowing it to
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
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
David Marcus, the head of Facebook parent company Meta’s cryptocurrency efforts, announced on Tuesday he will be leaving the company at the end of the year. Marcus’s departure comes after the company tried and failed to launch a cryptocurrency that could be used by online users to send money to anyone in the world via
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
According to court documents, Lee Price III, 30, of Houston, Texas is the latest man to get sentenced in a Paycheck Protection Program (PPP) fraud case. And with hundreds of criminals under indictment by the Department of Justice (DOJ), he won’t be the last. Texas Man Sentenced to 9 Years in PPP Loan Fraud Scheme
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
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
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
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
Check out the companies making headlines in midday trading Tuesday. American Airlines, Norwegian Cruise Line — Travel stocks retreated, as investors continued to weigh the risks from the Covid omicron variant. American Airlines shares retreated more than 4%, Norwegian Cruise Line lost more than 6%, Wynn Resorts fell roughly 5%, and Airbnb dipped 4.9%. Gap,
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
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
University of Washington researcher Pavitra Roychoudhury (left) and Fred Hutch emeritus director Larry Corey. (UW and Fred Hutch Photos) There’s not a lot known about the new COVID-19 variant Omicron, but what scientists see so far has them on alert. The variant has dozens of mutations — some suggesting that it might spread quickly and
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