Amid high-profile job cuts at major companies like Meta, Amazon and Target, many workers are undoubtedly anxious about future downsizing.According to Jason Walker and Rey Ramirez, co-founders of Thrive HR Consulting, a significant portion of these recent job cuts can be credited to AI.”Companies are seeing their ability to be more efficient and use less staff with AI, and so they’re taking the opportunity right now to reduce staff,” Walker says.Another reason could be that toward the end of the year, companies “start to look at head count, they start to look at cost, and there’s just general trimming of…
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Gene Munster, Deepwater, joins ‘Fast Money’ to talk his takeaways from the recent slate of Big Tech quarterly results. Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, major cryptocurrencies cap the month of October with weekly losses. Plus, Coinbase and Strategy report third-quarter earnings that topped analyst estimates. And, BlackRock head of digital assets Robert Mitchnick discusses the adoption of spot bitcoin ETFs as the asset manager’s IBIT bitcoin fund approaches $100 billion in assets under management.13:19Fri, Oct 31 20253:00 PM EDT Source link
Cosmo Jiang, Pantera Capital, joins ‘Fast Money’ to talk spot Solana ETF hitting the market. Source link
Toyota Motor Corp President Akio Toyoda gets out of a Tesla Motor’s Roadster electric car with Tesla Motors Chief Exective Officer Elon Musk (behind car) upon their arrival at a news conference in Tokyo November 12, 2010.Issei Kato | ReutersEight years ago, Tesla CEO Elon Musk promoted a next-generation Roadster, basing the name of the sports car on the company’s debut electric vehicle from 2008.The updated version has yet to hit production. But Musk is again promising that a new one is on the way.In a discussion with podcaster Joe Rogan that was published on Friday, Musk was asked about the long-delayed vehicle. He…
Min-Liang Tan speaks during a conference at SXSW Sydney on October 16, 2024 in Sydney, Australia.Nina Franova | Getty ImagesArtificial intelligence is set to have a huge impact on the gaming industry and its billions of players, according to Min-Liang Tan, the billionaire CEO and co-founder of gaming firm Razer.From the ways in which games are developed to hacks for completing levels, Tan said the technology’s ramifications across the sector can’t be overstated.”For us at Razer, the way we see it is that AI is going to completely disrupt everything, or change everything in gaming,” Tan told CNBC’s “Beyond the…
‘Fast Money’ trade Mike Khouw talks options movement around McDonald’s. Source link
CNBC’s Jim Cramer on Friday told investors what to pay attention to next week on Wall Street, highlighting earnings from Palantir, McDonald’s, Robinhood and Warner Bros Discovery.Cramer offered an optimistic outlook for November, even as Wall Street worries about weakrning consumer-oriented companies as the government shutdown persists. He said November and December usually tend to be better months for the market than September and October.”I think you got to have the long term view here,” he said. “We’re in the middle of earnings season, just finished the biggest week, and we’ve come out relatively unscathed. More important, we made it…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
Thomas Fuller | SOPA Images | Lightrocket | Getty ImagesPfizer said on Friday it had filed a lawsuit against Metsera and Novo Nordisk saying Metsera breached its merger agreement obligations in declaring the Danish drugmaker’s $8.5 billion bid for the U.S. obesity drug developer to be a superior offer.Pfizer asked the Delaware court where it filed the lawsuit to issue a temporary restraining order to block Metsera from terminating the agreement. The lawsuit was not immediately available in the court’s electronic filing system.Metsera has given Pfizer until Tuesday to raise its offer.Pfizer said its suit says that Novo’s bid is an illegal attempt by a dominant company in the market to bypass antitrust scrutiny and carries significant regulatory risks.The legal…
