Salesforce CEO calls guidance ‘appropriately conservative’ as stock declines after earnings

In a Wednesday interview with CNBC’s Jim Cramer, Salesforce CEO Marc Benioff defended the guidance his company issued — even as the the figures disappointed Wall Street. “Our results are absolutely fantastic and our guidance is also, you know, is always appropriately conservative,” Benioff said. The enterprise software company posted its quarterly results Wednesday after…

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Stephen Miran, Trump’s Fed governor nominee, pledges central bank independence

Stephen Miran, U.S. President Donald Trump’s nominee to be chairman of the Council of Economic Advisers, sits on the day he testifies during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 27, 2025.  Annabelle Gordon | Reuters Stephen Miran, President Donald Trump’s nominee for the open…

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Pickleball is just getting started in China

Sports club Suzhou Shishan opened the Chinese city’s first pickleball court in January 2024, according to the company. Suzhou Shishan BEIJING — While the U.S. pickleball craze is still going strong, China’s is only just getting started. Online sales of pickleball paddles and related equipment in China have skyrocketed this year to an average of…

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China’s Xi urges AI cooperation, rejects ‘Cold War mentality’ at SCO summit

Chinese President Xi Jinping delivers his opening remarks at the Shanghai Cooperation Organization Summit in Tianjin on Sept. 1, 2025. Evelyn Cheng TIANJIN, China — Chinese President Xi Jinping on Monday urged members of the Shanghai Cooperation Organization to strengthen artificial intelligence cooperation, while rejecting what he called a “Cold War mentality.” Xi was speaking…

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Trump firing Cook could damage Fed independence: Rebecca Patterson

President Trump’s efforts to fire Federal Reserve Governor Lisa Cook could jeopardize the central bank’s independence, according to longtime investor Rebecca Patterson. “We shouldn’t ignore this at all. This is a big deal what’s going on,” the former Bridgewater Associates chief investment strategist told CNBC’s “Fast Money” this week. Patterson, now a senior fellow at…

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