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Adobe's President of Customer Experience Orchestration Business on building the American Dream
CNBC Television· 2026-08-14 19:00
America's superpower is creativity. The ability to come up with new ideas, the ability to express those ideas and the ability to bring together people as one community through creativity. I think that's America's superpower.I'm Anil Chakraarti. I run the enterprise business here at Adobe. When I think of America as the land of opportunity for me personally, I am very grateful to America for all the experiences and success I've had and my family has had.I came from India when I was 21 years old and I had the ...
Sandisk CEO: There's been an 'amazing explosion of interference'
CNBC Television· 2026-08-14 18:45
Market Trends - Industry experiences an unprecedented rapid adoption of new technologies simultaneously across the board compared to 10 years ago [1] - High demand for hardware products to scale the explosive growth of artificial intelligence inference technology [1] Corporate Strategy - Company successfully transforms its organizational structure and product portfolio to match market demand [1] - Company develops precise products specifically designed to drive sustained business growth [2] - Market recognition of the company expands beyond artificial intelligence into a broader technological spectrum [2]
OpenAI faces talent exodus
CNBC Television· 2026-08-14 18:39
Welcome back. Another top executive leaving Open AI this week that's raising some concerns ahead of its IPO. Kate Rooney has more in today's tech check.Kate, just a coincidence. Kelly, it doesn't seem that way. There's a lot of nuance behind this, but the big headline this week is that chief revenue officer Denise Dresser is leaving the company.It's the biggest exit so far in the seauite. We have seen some other examples, but she announced yesterday she's going to be stepping down from open eye, leaving aft ...
The Metals Company CEO on deep-sea mining in the Clarion-Clipperton Zone
CNBC Television· 2026-08-14 18:30
The area where we are focused, called the Clarion Clipperton Zone, is known to be 70% of the global planetary reserves of nickel and cobalt and manganese. So, 70% of them sit in the form of these polymetallic nodules, and they they literally just lie on the seafloor like the one in the palm of my hand. And our opportunity under the Trump administration is to to bring these nodules to the USA and turn them into the critical minerals.And today, America imports 100% of its nickel, cobalt, and manganese demand, ...
Disney CEO Josh D'Amaro: Parks were 'a big surprise' in last quarter
CNBC Television· 2026-08-14 18:15
Financial Performance - Company achieved great revenue growth and an earnings growth of 28% [1] Business Operations & Strategy - Theme parks segment generated significant positive surprises and continuous returns for the company [1] - Streaming business continued to expand profit margins [1] - Management successfully delivered on all stated commitments, establishing clear organizational direction for future development [1] - Team demonstrated strong stability over a nearly six-month period [2]
A look at Lamborghini’s most powerful car yet
CNBC Television· 2026-08-14 18:10
The idea behind the retob uh was the one of uh giving our customers the opportunity to go beyond to go beyond in terms of performances. So we start already from a very good uh uh place with Ruelto that is a really high performing car. So, we wanted to give something more, something more race oriented and at the same time something that uh could give them the adrenaline of driving a Lamborghini but really enjoying and having fun driving.Our clients when they choose a Lamborghini, they choose us because of de ...
Why experts are saying Trump's plan to split the MMR vaccine is unlikely
CNBC Television· 2026-08-14 18:00
The Trump administration just doubled down on its push to reshape how Americans vaccinate their children. President Trump signed an executive order this week that directs the federal government [music] to cut the number of childhood vaccines recommended for all children from 18 to 11 shots. But the order also targets the combination measles, mumps, and reubella or MMR vaccine and calls for it to be split into [music] three separate shots spaced out across multiple doctor's visits.Trump on Monday claimed tha ...
Ownership group with Jeff Bezos buys minority stake in Liverpool FC
CNBC Television· 2026-08-14 17:59
hot area. We got a news alert on Jeff Bezos. Let's get to Alex Sherman with those details.Alex. >> Yeah, John. This is a big week for the sale of historic sports franchises.First, it was the Lakers and now the news coming out just a few minutes ago that Fenway Sports Group is selling a minority stake in Liverpool, one of the uh storied English soccer teams at a $7.1% billion valuation to a consortium called 1892 Holdings of which Jeff Bezos, I'm told, is kicking in more than a billion dollars worth of the e ...
Memory stocks claw back after Investor Day
CNBC Television· 2026-08-14 17:30
Market Trends and Industry Dynamics - SanDisk experienced a sharp stock price recovery, rising 34% over the past week following an investor day event that also boosted memory peers like SK Hynix, Micron, and Western Digital[1] - The memory sector previously suffered a severe downturn in late July when a 45 billion USD AI fund faced margin calls and liquidated leveraged chip holdings, causing SanDisk to plunge nearly 47% from its June peak to July 29th and 30th[1] - JPMorgan resumed coverage on the sector with an overweight rating, projecting that the NAND memory market will more than quadruple to over 300 billion USD driven by AI inference demand[3] - Wedbush issued a warning that the memory industry remains cyclical, noting that Chinese competition and new capacity expansion could pose risks by 2028[5] - Semiconductor equipment manufacturer Applied Materials dropped about 4% despite an earnings beat because management failed to provide next year's business growth guidance[5] Financial Performance and Growth Outlook - SanDisk management targeted a mid-to-high teen revenue growth model and an 80% gross margin floor through 2030, supported by 94 billion USD in signed customer contracts[3] - FactSet projected that Micron's earnings per share will grow 40% to 55% over the next year, while SanDisk's earnings per share are expected to grow 25% to 35%, both significantly outperforming the S&P 500's 15% growth rate[4]
Luigi Mangione pleads guilty in case related to UnitedHealthcare CEO killing
CNBC Television· 2026-08-14 17:15
Luigi Manion just pleaded guilty to federal stalking charges and admitted in open court to killing United Healthcare CEO Brian Thompson. Manion just told the judge, quote, "I printed a gun with a 3D printer. I shot Mr.. Thompson and he died." Federal prosecutors said that they will seek a life sentence. Manion still faces separate state murder charges, but his lawyer said she has now filed a motion to dismiss those charges in light of the federal guilty plea. ...