Results

CEO confidence rebounded slightly to an index score of 52 in the third quarter, up from 47 in the second quarter, according to The Conference Board. In the first quarter, the CEO confidence score was 59.

The Conference Board in collaboration with The Business Council fielded the survey July 13 through July 27.

CEOs were most concerned about cybersecurity, AI and new technology and geopolitics.

CEO Confidence Q3 2026

Salesforce said in an SEC filing that Srini Tallapragada has decided to step down from his role as President and Chief Engineering and Customer Success Officer. He will be an advisor for a year to assist in the transition of his duties. The move comes as Salesforce appointed Miquel Milano chief operating officer, according to CNBC. Rohan Kumar will become chief platform and engineering officer. Alexa Vignone will be chief revenue officer.

Demis Hassabis will step down as Google DeepMind CEO to become its chair and add the title of Alphabet chief scientist. The move comes amid a shakeup at Google DeepMind where four top execs are leaving to form Discovery Loop, an AI startup focused on key industry breakthroughs.

In a note to staff, Hassabis said:

"We have arrived at a pivotal moment in human history. I’ve been working towards AGI my whole life and now, like many of you, I feel it is close at hand. It’s critical that we collectively get the next steps right to ensure this all goes well for humanity and we usher in an incredible new age of discovery and wonder."

On Uber's second quarter earnings call, CFO Balaji Krishnamurthy said the company is wrangling its token budget for AI. Uber earlier this year said it blew through its entire AI budget in four months. So much for tokenmaxxing.

Krishnamurthy said the company now has its AI vanity metrics under control. He said:

"On AI, we are optimizing token spend by setting better defaults for different use cases, moving certain tasks to lower-cost or open-weight models, and letting employees more clearly understand and manage their spend. As a result, cost per token has declined over the past several months, even as adoption has continued to increase, allowing us to keep overall AI spend broadly stable."