Sales execution was 'completely unacceptable', says C3.ai CEO on recent reorganization
CNBC Television· 2025-08-12 21:38
And turning over to software shares of C3AI getting a little bump today up better than two and a half% after a huge 25% drop yesterday. Stock fell after the company announced preliminary first quarter results in a reorganization of its sales and services teams. And joining us now is C3AI CEO Tom Seagull.Tom, welcome. Hello John. So uh the stock is at the lowest level in more than two years since early uh 2023.May 23 was also the last time the revenue number was this low. What happened. Uh honestly, John, th ...
Highlights From NVIDIA Research's Special Address at SIGGRAPH 2025
NVIDIA· 2025-08-12 21:38
AI is essential infrastructure like electricity and the Internet. This revolution is powered by the GPU, the heart of a new type of computing. One that could solve problems normal computers can't.And it started with graphics. The detail that our eye can see is extraordinary. And what creates the appearance of what we see in our everyday world are these incredible details that you get when you look up close at something.It's all of that together is what makes something look real. To have computer graphics sc ...
'He's ignorant': Meet the data skeptic Trump nominated to the Bureau of Labor Statistics
MSNBC· 2025-08-12 21:35
Donald Trump has nominated EJ and Tony as the new commissioner of the Bureau of Labor Statistics. He will replace Erica McInterer, who Trump fired after his ego was able unable to stomach a weaker thanex expected jobs report on August 1st. Antony is currently the chief economist at the Conservative Heritage Foundation.He's been a longtime critic of the Bureau of Labor Statistics. According to the Wall Street Journal, former White House chief strategist Steve Bannon advocated for Trump to have a MAGA ally li ...
The future of quantum real estate
CNBC Television· 2025-08-12 21:30
Until now, quantum computers have mostly lived at academic or government facilities because they had limited practical applications. But quantum computing is fast becoming commercially viable. And as a result, it needs its own real estate.A new report from JLL says significant real estate implications are quote on the horizon and on the scale of what we saw with AI and data centers. But quantum computers can't live in data centers now, at least not in the current ones. The racks and the physical form of a q ...
Bullish to offer shares between $32-$33, going public Wednesday
CNBC Television· 2025-08-12 21:20
Well, the IPO IPO market, she said, has been heating up and that trend keeps rolling tonight. We've got crypto exchange bullish set to price its IPO any moment now. And today, Mackielle is here on set with the details.Yeah, that's right. A lot happening with crypto and the IPO market. Morgan, uh, bullish, aiming to raise 9990 million, offering 30 million shares priced between $32 and $33 a piece and giving it a total market value of $4.8% billion.So that's according to a filing yesterday, but we should be g ...
How to know if private assets in a 401(k) plan are right for you
CNBC Television· 2025-08-12 21:15
What does it mean to have greater access to alternative investments in your 401k plan. I've been getting that question a lot and a lot of commentary from folks about President Trump's executive order making it easier for retirement plan providers to offer alternative investments like real estate or cryptocurrency or private assets in your 401k plan. First of all, what are private assets. Well, those are private companies.Those are not publicly traded stocks like you might have in your 401k through a mutual ...
CoreWeave sinks more than 8% on quarterly results
CNBC Television· 2025-08-12 21:12
Well, we also heard from Cororeweave that the stock is moving lower right now in overtime following results just moments ago. The company posted a loss. We're not comparing that to estimates, but revenue was better than expected.The CEO saying it's scaling rapidly to meet quote unprecedented AI demand. So, let's bring in Nick Delo of Mafet Nathansson. Nick, it's great to have you on.I'm Cash Flow came in better than expected, too, because they didn't spend as much as they set out to on capex either. Why is ...
S&P 500 and Nasdaq notch record closes
CNBC Television· 2025-08-12 21:10
Will a rate cut in September be enough to keep this rally going. Let's bring in Pollson Perspectives author Jim Pollson and CFR research chief investment strategist Sam Stovall. Guys, welcome.Jim, you say these numbers tell us inflation isn't so much of a problem. We were just asking a guest earlier about pressure on the workingclass consumer, though. Is a Fed rate cut still a gamecher if we see more signs of pressure through the rest of the year.Well, I I think you know certainly you can make a case that i ...
CEA's Stephen Miran on BLS economic data
CNBC Television· 2025-08-12 21:01
Should we trust this data. The president cast a lot of doubt, politicized the the head of the BLS. That's where these numbers are coming from.>> Well, look, all sorry, not all, but but most economic data ultimately comes from surveys. And so there's always going to be an element of noise. There's always going to be an element of uncertainty.And unfortunately, that element of noise and uncertainty has increased in recent years. If you look at, you know, sort of we have we we can sort of speak about revisions ...
DC Council Chair: Trump pushing ‘false narrative’ on crime in Washington
NBC News· 2025-08-12 21:00
Joining me now, NBC News White House correspondent, Yamish Elsynor, and NBC News legal affairs correspondent Gary Grumbach, who's outside the DC Armory. So, Yamish, let's start with you. Uh, Attorney General Bondi met with DC's Mayor Bowser today.Are we getting a sense of what the level of coordination is there between DOJ and the city with this takeover of the police force. >> We are getting a sense of what this is going to look like on the ground. Um, the mayor went into that meeting with very few details ...