Welcome back. Uh, advances in artificial intelligence have certainly been blamed a bit for a host of corporate layoffs that we've seen recently, but are companies using the technology perhaps as an excuse that are covering up other weaknesses. Steve Leeman has that story for us.Steve. >> David. Yeah.48,000 layoffs at UPS, 14,000 at Amazon, 1,800 at Target. A slew of layoffs have raised fears that AI is already whacking corporate jobs, but not so fast. In some cases, companies could be involved in AI washing ...

And then Palunteer falling despite a solid report. Earnings and revenue coming in better. The company raising its current quarter and fullear revenue guidance.For more on Palunteer's move now down about 7 and a half%. Let's bring in Sema Modi. Sema and the CEO had something to say about it as well.>> He he sure did. Sarah Palunt CEO Alex Karp joining CNBC in the last hour and address the stock reaction despite a very upbeat fourth quarter outlook. And he also had a strong message for short sellers, calling ...

Well, from viral streaming to Halloween domination, K-pop Demon Hunters is slaying. The animated Netflix hit is smashing records, racking up hundreds of millions of streams, and setting new trends. Our Ununice Yun is in Seoul exploring how this runaway success is rewriting the playbook for South Korea's music and entertainment industry.>> Crowds of people waiting for hours to be a part of the K-pop demon hunters craze. Netflix collaborated with a local theme park here in South Korea to create this zone feat ...

White House press secretary Karoline Leavitt holds a press briefing with reporters on Tuesday. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business new ...

Shares of shop five moderately lower this morning despite reporting a Q3 sales rise by nearly a third showing strong merchant growth on the platform. Uh the stock's been way up since we had Harley Flestein on last and now we've got him again. Chop five president Harley Finkelestein. Harley's great to see you. Thank you for coming on with us. >> Great to be here Jim. Thank you. >> See Harley, I think a lot of people want to talk about small mediumsized businesses get started and of course I do too because I ...

Alex, we've heard a lot of talk from the likes of a Michael Bur, but more broadly about whether we're in an AI bubble, whether the economics make sense. Clearly, in the context of Palunteer, uh they do make sense in so far as you you're you're printing money over there. Um not everybody in the AI space is printing money in the same way, and they're spending an enormous amount um on chips, data centers, and the like.How do you see the broader space right now in terms of just how things are are are developing ...

Jim Cramer breaks down why he's keeping an eye on shares of Yum Brands. ...

I would point out that the banks are at 15 times earnings. Now, I know that there are a lot of people who say it's the market's overvalued, overvalued, overvalued. My struggle with that is is that there are parts of it that are overvalued, but there are parts of it that make a lot of sense.I know we can't really hear the CNBC real time exchange. big board. It is electric aircraft manufacturer Beta Technologies celebrating an IPO.We're going to talk with the CEO Kyle Clark in the next hour at the NASDAQ. It' ...

Palanteer reporting third quarter results above expectations in a big way. The company issued better than expected fourth quarter guidance. Uh shares down in the pre-market this morning.We'll talk about that as well. But joining us right now is somebody we've been talking about frankly all morning. Alex Karp is with us.Uh Palunteer CEO Alex, it is so good to see you uh this morning. Uh we had your biographer on the broadcast uh before and and and we're speaking about you now in third person, but now we're n ...

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