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Tech Earnings Were Great, But Wall Street Is Still Catching Up | Trading Nation | CNBC

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The technology sector is making its comeback, but CFRA Research’s Lindsey Bell says Wall Street is still underestimating its potential.
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Tech Earnings Were Great, But Wall Street Is Still Catching Up | Trading Nation | CNBC

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What’s going on with A.I. feels like ‘the iPhone moment,’ Nvidia CEO says #Shorts

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CNBC’s Katie Tarasov sat down with Nvidia founder and CEO Jensen Huang to talk about ChatGPT and A.I. Watch the full interview here: https://youtu.be/_-wjA4XlBl4

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Are Companies ‘Quiet Quitting’ DEI Initiatives?

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As companies navigate a politically charged climate in 2024, many are scaling back their DEI initiatives. While many Fortune 1000 companies committed to DEI after George Floyd’s death in 2020, major corporations like Google, Meta, Lowes, Tractor Supply and Ford are retreating amid conservative pressures and economic concerns. However, DEI advocates argue the pullback is overstated, with many executives still prioritizing diversity. Despite challenges, most companies recognize DEI’s long-term value.

Chapters:
0:00 Introduction
1:31 Chapter 1. The DEI push
4:09 Chapter 2. DEI under fire
6:26 Chapter 3. Outlook

Produced by: DeLon Thornton
Edited by: Andrea Miller
Graphics by: Jason Regniato and Christina Locopo
Supervising Producer: Jeniece Pettitt
Additional Footage: Getty Images

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Are Companies ‘Quiet Quitting’ DEI Initiatives?

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How Google Makes Custom Cloud Chips That Power Apple AI And Gemini

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Google was the first cloud provider to make its own custom AI chips, called TPUs, when they first came out in 2015 – a trend both Amazon and Microsoft followed years later. Now, Apple has revealed it uses TPUs to train its AI models, positioning Google chips as an alternative to Nvidia’s market-leading GPUs. CNBC got an exclusive look inside the lab where Google makes its chips, and its top executive showcased TPU Version 6, Trillium, and its new Arm-based CPU, Axion, both coming out later in 2024.

Chapters:
2:02 Starting a trend
5:03 AI and Apple
7:42 Broadcom and TSMC
9:44 Processors and power

Produced and Shot by: Katie Tarasov
Edited by: Evan Lee Miller
Supervising Producer: Jeniece Pettitt
Animation: Christina Locopo
Additional camera: Marc Ganley, Kaan Oguz, Lisa Setyon
Editorial Support: Jennifer Elias, Jordan Novet
Additional Footage: Apple, Arm, Getty Images, Google, Meta, Microsoft, Nvidia

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How Google Makes Custom Cloud Chips That Power Apple AI And Gemini

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How Starbucks Became An $80B Business

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In its 47-year history, Starbucks has transformed from a single coffee bean store in Seattle to a 30,000 cafe international coffee power house. But massive expansion hasn’t come without growing pains.

It’s no secret that Starbucks has been struggling to get U.S. customers to frequent its cafes more often. While sales have been positive, the number of customer visits continues to stagnate.

Same-store sales, a key metric in the restaurant industry, have dwindled over the last 12 months as competition heated up and customers were uninspired by some of Starbucks’ limited-time offerings. While comparable-store sales exceeded expectations in the fourth quarter that ended Sept. 30, rising 4 percent, much of that was due Starbucks charging more for its lattes.

Under the careful watch of Howard Schultz, Starbucks pursued a strategy of aggressive expansion in the late ’80s and early ’90s. By the time the company went public in 1992, it had 165 stores.

Four years later, Starbucks opened its 1,000th location, including international cafes in Japan and Singapore. Growth was so rapid that, just two years later, Starbucks opened its 2,000th cafe.

While unit expansion helped boost sales throughout the last two decades — Starbucks has had positive same-store sales growth since 2010 — the company has now spread itself too thin.

With more than 14,000 locations in the United States alone today, Starbucks has cannibalized its own sales. The company is regrouping and rethinking its expansion. It is expected to shutter 150 underperforming locations in 2019, three times the amount it typically does.

Compounding its problems are changing consumer preferences, an issue CEO Kevin Johnson has addressed with investors. People are shying away from sugar-laden calorie bombs, which happen to be one of Starbucks’ staples. In 2015, sales of Frappuccinos were 14 percent of Starbucks revenue. However, in the first half of 2018, Frappucino sales were down 3 percent — and accounted for only about 11 percent of the company’s revenue.

Making matters worse, Frappuccino sales also were hurt by a lack of innovation, analysts said.
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How Starbucks Became A $80B Business

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What A U.S. Economy Under Trump Will Look Like

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President-elect Donald Trump, is set to inherit the world’s leading economy. On the campaign trail, he offered many ideas for the future. One plan called for leaving about 93 million Americans off the hook for at least part of their income taxes. Trump has also called for tariffs of 10% to 20% on imports arriving in the U.S and a 60% to 100% tariff on Chinese goods. His plan to deport undocumented people could also have a far reaching economic impact. So, what’s in store now that Americans have cast their vote?

[00:48-02:31] Chapter 1: Inflation
[02:31-03:46] Chapter 2: Cutting taxes
[03:46-04:57] Chapter 3: Tariffs
[04:57-05:54] Chapter 4: Deportations

Produced and Edited by: Carlos Waters
Senior Producer: Shawn Baldwin
Animation: Jason Reginato
Additional Footage: Economic Club of Chicago, Getty Images
Additional Sources: American Enterprise Institute, Congressional Budget Office, Committee for a Responsible Federal Budget, Federal Reserve

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What A U.S. Economy Under Trump Will Look Like

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