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Elon Musk is scheduled to appear live on CNBC today at 2 PM ET for an interview with David Faber. This event promises to provide insights from the influential entrepreneur and CEO. Tune in for what is expected to be a compelling discussion.
Jim Cramer highlighted Berkshire Hathaway Inc. (BRK-A) and its CEO Warren Buffett's remarkable foresight in navigating market challenges, particularly regarding government bonds and tech investments. Amidst changing sentiments towards AI, Cramer noted the U.S. restrictions on advanced AI chip sales to China, drawing parallels to Cold War tensions. He emphasized the importance of adapting these policies to maintain technological superiority.
Starboard Value's Jeff Smith believes Salesforce has significant potential for increased profitability, following a 98% share price surge in 2023 after the company improved its adjusted operating margin. Starboard, which holds a $432 million stake, argues Salesforce can enhance efficiency and aims to adhere to the rule of 50 by fiscal 2028. The firm highlighted that Salesforce's spending on sales and marketing could be optimized compared to peers like Adobe and Microsoft.
The Dow snapped a three-day win streak as Kenvue shares surged 5.5% amid investor support for Starboard. GE Aerospace and GM are set to report, with GM up 86% from a post-strike low. Lockheed Martin and RTX also near recent highs, while several new IPOs are expected on Wall Street.
David Faber
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Elon Musk to Discuss Key Topics in Live CNBC Interview Today
14:38 20.05.2025
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