Alibaba CEO Eddie Wu warns of being ‘displaced’
Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images Alibaba needs …
software
Chip design firm Arm seeks up to $52 billion valuation in blockbuster U.S. IPO
SoftBank CEO Masayoshi Son against a backdrop illustrating SoftBank Group and the Arm unit in 2016. Bloomberg | Bloomberg | Getty Images Chip design firm Arm on Tuesday is looking …
Microsoft to unbundle Teams software in Europe in bid to abate EU concerns
Silhouettes of laptop users are seen next to a screen projection of Microsoft logo in this photo illustration. Dado Ruvic | Reuters U.S. tech giant Microsoft on Thursday said it …
OpenAI ChatGPT Enterprise launches
OpenAI on Monday announced its biggest news since ChatGPT’s debut: It’s launching ChatGPT Enterprise, the AI chatbot’s business tier, available starting Monday. The tool has been in development for “under …
IBM CEO says AI will impact white-collar jobs first
White-collar jobs will be among the first to be impacted by artificial intelligence, IBM chairman and CEO Arvind Krishna told CNBC in an exclusive interview aired on Tuesday. He told …
Jim Cramer says Adobe is top software player in A.I. right now
Adobe (ADBE) has the best artificial intelligence offerings among software companies right now, CNBC’s Jim Cramer said Thursday. “I think they’re No. 1,” Cramer said on “Squawk on the Street.” …
Jim Cramer worries about a UAW union strike at Ford. Here’s how we’re playing the stock
Jim Cramer is cautious about Ford (F) due to the heightened risk of a United Auto Workers strike, which has been a recent overhang on the Club stock. But, Jim …
Activists ease up on Salesforce. 10 other Club stocks traded by Wall Street pros
The extraordinary activist-investor interest in Salesforce (CRM) eased further in the second quarter, according to the latest regulatory filings from influential Wall Street pros. These big-name investors also made moves …
Jim Cramer sees a ‘new king’ in trucking and a ‘golden age’
Morgan Stanley’s decision Tuesday to boost its price target on XPO Logistics (XPO) to $65 a share, from $45, could signal a “new king” in the trucking-and-logistics industry, CNBC’s Jim …
During this busy earnings week, check out the 5 price-target changes and 4 trades we executed
In a jam-packed week of earnings, the Club executed multiple trades and elevated price targets for some of our biggest stocks. Many of these moves stemmed from what we saw …