The shares are up 3.3% and the company's trademark Service Cloud product generated $1.02 billion in revenue.
Billionaire hedge fund manager J. Tomilson Hill has a keen eye for great art that's also made for some incredible investments. Hill shared some of his personal rules for buying art with CNBC.
Net/Net: The Capitol - Capital connection
Net/Net: Telling Your Story
It's not that being a retailer is a bad thing. But investors want drugstores to reinvent their businesses as Amazon's threat looms.
Net/Net: Reinvention and innovation - a conversation with Brian Moynihan
Net/Net: The art of the deal, literally
Net/Net: Walgreens Boots Alliance, the CEO-CFO Partnership
The Vikings new “Huddle” may just be the solution for both the NFL and America. Vikings COO Kevin Warren tells us more at our Net/Net Minneapolis event on September 12th.
More than half of the Fortune 500 companies from nearly 2 decades ago cease to exist today. Here’s what Fred Haberman has to say about innovation that keeps companies afloat at the latest Net/Net event in Minneapolis on September 12.
At our Net/Net dinner in Minneapolis, Vikings COO Kevin Warren and former NFL linebacker Pete Najarian sit with Tyler Mathisen and dive into the reaction to the Nike ad.
GE CEO John Flannery talks about turning around GE, why he never stops asking why and the reason he won’t run GE from the center
What’s the key to innovating? It’s simple, GE CEO says
Gary Kelly shares the number one skill he needed to learn after moving from CFO to CEO
Why Tilman Fertitta won’t take his company public again
Southwest Airlines CEO and CFO share their secrets on innovation, leadership and how they fuel that famous Southwest company culture
The full interview with Steve Ballmer.
VC Jim Breyer discusses the transformative promise of artificial intelligence with CNBC's Kelly Evans. Also, his take on Facebook, Amazon and the Valley.
CEOs of major U.S. corporations know they've "got to tell the story differently" about capitalism, said John Engler, a former coalition president.
Facing a skills shortage and skyrocketing costs in Silicon Valley, more U.S. companies — such as Amazon, Google and Facebook — are going to Canada to tap tech talent and open satellite offices.
CNBC's Jon Fortt and Casey Newton from The Verge discuss WeWork's IPO, ViacomCBS and more.
For 20 years Walmart has struggled to pull its online act together while Amazon.com seized nearly half of the US online shopping market. But Walmart's multibillion-dollar investment campaign now seems to be paying off.
Despite facing attacks from CDs, cassettes, and digital downloads in the past three decades, radio still reaches over 90% of adults. If you think FM music could be dead within a decade, iHeartMedia CEO Bob Pittman says you're missing the point.
CNBC's Jon Fortt, Deirdre Bosa and Sara Rathner from NerdWallet discuss Apple's new credit card.
New research shows that the current training methods for managers are leaving them unprepared to handle serious employee issues in the workplace, like harassment and bias. Companies need to better train managers, or face the consequences.
Turnover of CEOs at FTSE 100 companies is on pace for an all-time record in 2019, with 14 bosses having left or announced plans to leave their posts so far this year.
Over the course of CEO Bob Iger's tenure, Disney has acquired Pixar, Marvel, Lucasfilm and, most recently, 20th Century Fox. The first three acquisitions alone have earned Disney more than $33.8 billion at the global box office.
Teaching entrepreneurship is key for our nation's economic future. STEEM (science, technology, engineering, entrepreneurship, and mathematics) is the academic ecosystem our nation needs to remain globally competitive.
Alan Patricof calls on corporate leaders to come together to apply pressure on Washington to crack down on guns.
CNBC's Jon Fortt sits down with antitrust experts Doug Melamed and Dina Srinivasan to discuss big tech monopolies.
There were 100 million digital cameras shipped in the iPhone's first year, 2007. By 2018, the digital camera market had declined by roughly 80%.So why are the Nikons and Canons of world still trying?
The U.S. is facing a recycling crisis that is burying cities and towns in tens of millions of tons of garbage a day. Companies and municipalities are turning to AI-assisted robots to help sort garbage in recycling plants and boost quality control.
CNBC's Jon Fortt and Farhad Manjoo from The New York Times discuss Facebook's record FTC fine, Amazon's Prime Day and more.
IBM recently completed its biggest acquisition, a $34 billion deal for Red Hat. Deals like that don't happen overnight, but a senior IBM executive says the world is moving so fast that the company does need to be ready to make M&A decisions in hours.
A study released Thursday by HoneyBook examined the vacation habits of self-employed Americans. What they found: 92% of freelancers say they work during vacation to avoid losing pay and clients.
Leaders of venture capital arms at Dell and Microsoft say that corporations have gotten a lot better at competing with Silicon Valley financial VC firms for the attention of hot start-ups, and may even have an advantage today in making investments.
Tesla CEO Elon Musk has been known for rash and sometimes reckless decisions. Some have punished Tesla shares. But the EV company has risen ahead of its latest earnings, and Musk's drive and bold vision remain key to the future of the auto sector.
CNBC's @Work is an exclusive three-part event series that examines the impact of new technology on three different disciplines — human resources, finance and IT. This edition of the @Work series, Human Capital + Finance, took place on July 16 in Chicago, and examined the critical role financial leaders play in shaping the workplace of the future.
Delta says the next big area of competition in air travel is not in the passenger cabin but in the airport experience. Biometric screening at security, remodeling of terminals and the addition of tiered lounges are remaking the ground experience.
Wendy Borlabi, performance coach for the Chicago Bulls, says that the path to big-money deals for NBA stars does not start with a focus on dollar signs. Players who succeed use a mental approach that can be adopted in any walk of life.
40% of workers are dissatisfied with opportunities for advancement, according to data from the CNBC/SurveyMonkey Workplace Happiness Survey. Experts say hard work is no longer enough to get a promotion, and the number of promotions is declining.
Good sleep should not only be for the elites. Lack of sleep and sleep disorders take a steep toll on worker productivity and health. Burning the midnight oil to get ahead is the worst way for employees to think and act.
Many Americans think manufacturing jobs are "something other people's kids do." Only 30% of Americans want to work in manufacturing, a problem that Snap-On CEO Nick Pinchuk says is a bigger threat right now than robots.
Delta is gathering more data from customers than ever before in hopes of avoiding customer service problems and increasing customer satisfaction, its CFO says.
The CNBC/SurveyMonkey quarterly Workplace Happiness Index reveals higher-income earners are more satisfied with their jobs, find more meaning in their work and are less likely to consider quitting than those in lower income brackets.
A new survey of American workers from CNBC reveals that offering employees a mentor is critical to workplace satisfaction. Nine in 10 workers who have a mentor say they are happy.
A majority of workers consider the meaning of their work to be the most significant contributor to their overall happiness. However, there is a life-cycle component to what workers want from their job.
Dell and Microsoft venture capital arms are investing in AI start-ups that have products to help companies manage data and harness machine learning to gain a competitive advantage.
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.
A new probe could bring more pressure to some of the nation's largest tech firms, which are already facing scrutiny on the federal level.
The launch follows a "preview" earlier this month that allowed only limited customers to apply.
The Starship app, which uses robot fleets to deliver food, just raised another $40 million to expand.
Sony wants to build on its success with exclusive titles to rival Microsoft's Xbox console.
Baidu posted better-than-expected earnings for the June quarter, swinging back to profit and managing to stabilize its core ad business.
The U.S. extended Huawei's license by 90 days, but added more affiliates of the telecommunications giant onto the Entity List.
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.
The petition, which has garnered more than 1,000 signatures, is the latest example of pushback from increasingly vocal employees against Google leaders.
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.
Stasior left Apple earlier this year. Prior to his time in charge of Siri, he was a top executive at Amazon.
Lyft, the smaller ride-hailing rival of Uber, announced two weeks ago that share lockups would expire about a month earlier than expected on Aug. 19.
Sequoia's Michael Moritz says that direct listings worked for Spotify and Slack and will become more common for companies with "courage and intelligence."
The service will be available on popular platforms such as Apple TV, Google Chromecast and Roku, but not Amazon's Fire TV.
A national conversation threatens the assets Google has acquired since it went public 15 years ago.
Google has shut down a service it provided to wireless carriers globally over fears it could attract scrutiny over data privacy issues.
"Minecraft" players will be able to test out the more realistic graphics in a beta version slated for release in the new year.
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.
Experts say the timing of Amazon executives' contributions to Rep. David Cicilline likely reflect the company's heightened urgency over growing regulatory scrutiny.
The MacBook Pro recall and its subsequent ban from flights underscores the increasing brand risk from problems with lithium-ion batteries.
Baidu is gearing up to release its second-quarter earnings on Monday with the market expecting a sharp decline in profit.
China's 5G networks are expected to come online in late 2019 and 2020. Huawei's Mate 20 X 5G, which went on sale over the weekend, will be able to connect to those networks.
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.
"I don't want to do business at all because it is a national security threat," Trump told reporters.
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in South Korea.
Coinbase security chief Philip Martin explains, "Possession of a key is possession of your currency. What that means is that you can't revoke a cryptocurrency key, if that key is lost, compromised, there is no ability to get [the value] back."
The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year.
Despite aggressive technical strides, Waymo needs one thing before its self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.
Net Net is CNBC’s editorial franchise produced specifically for CFOs that examines how top companies are promoting and managing innovation to accelerate growth. Through live events, on TV and online, Net Net helps executives anticipate, react and respond to the trends that will affect their bottom line.
Net Net is CNBC’s editorial franchise produced specifically for CFOs that examines the ways top companies are promoting and managing innovation, leveraging rapid change, and using technology to accelerate growth. In this time of constant disruption, rapid technological innovation, shifting demographics and consumer behavior, change comes lighting fast; through live events, TV programming and digital content, Net Net helps executives anticipate, react and respond to the latest trends that will affect their operations and bottom line.