Tag Archives: CNBC

Armis raises $435 million, valuing cybersecurity startup at $6.1 billion

The cybersecurity startup reaches a $6.1 billion valuation three months after topping $300 million in annual recurring revenues.

Posted in Tech | Tagged | Comments Off on Armis raises $435 million, valuing cybersecurity startup at $6.1 billion

Chinese EV maker Xpeng to launch robotaxis, humanoid robots with self-developed AI chips

Chinese electric car company Xpeng is following in Tesla’s footsteps by moving into robotaxis and humanoid robots.

Posted in Tech | Tagged | Comments Off on Chinese EV maker Xpeng to launch robotaxis, humanoid robots with self-developed AI chips

Toyota raises yearly profit forecast despite an expected $9 billion hit from U.S. tariffs

Toyota Motor missed operating profit estimates for the quarter ended September as the Japanese auto giant bears the brunt of U.S. tariffs. 

Posted in Tech | Tagged | Comments Off on Toyota raises yearly profit forecast despite an expected $9 billion hit from U.S. tariffs

Nvidia deepens India footprint with $2 billion deep tech alliance to mentor AI startups

Nvidia will help train and mentor emerging deep tech startups in India as a founding member of a $2 billion investment alliance.

Posted in Tech | Tagged | Comments Off on Nvidia deepens India footprint with $2 billion deep tech alliance to mentor AI startups

Wall Street is too fixated on the high valuations of tech and speculative stocks, Cramer says

CNBC’s Jim Cramer examined Tuesday’s market action.

Posted in Tech | Tagged | Comments Off on Wall Street is too fixated on the high valuations of tech and speculative stocks, Cramer says

Bitcoin retail investor at ‘max desperation,’ says Bitwise CIO, but crypto winter not coming

Bitcoin’s fall below $100,000 sparks fears that a new crypto winter has begun, but Bitwise CIO Matt Hougan sees reasons why this selloff may not last long.

Posted in Tech | Tagged | Comments Off on Bitcoin retail investor at ‘max desperation,’ says Bitwise CIO, but crypto winter not coming

Trump renominates Musk ally Jared Isaacman to run NASA months after withdrawal

President Trump has renominated Jared Isaacman to run NASA after pulling his prior nomination in May.

Posted in Tech | Tagged | Comments Off on Trump renominates Musk ally Jared Isaacman to run NASA months after withdrawal

Super Micro stock drops on slumping sales, weak earnings

Super Micro has been a big beneficiary of the AI boom, but revenue and earnings in the latest quarter fell short of estimates.

Posted in Tech | Tagged | Comments Off on Super Micro stock drops on slumping sales, weak earnings

AMD reports better-than-expected results but margin guidance only meets estimates

The chipmaker is working on a major deal with OpenAI

Posted in Tech | Tagged | Comments Off on AMD reports better-than-expected results but margin guidance only meets estimates

Pinterest shares plummet 15% on earnings miss, weak forecast

Pinterest shares tanked on Tuesday after the company reported third-quarter financial results that missed on earnings per share and provided weak guidance.

Posted in Tech | Tagged | Comments Off on Pinterest shares plummet 15% on earnings miss, weak forecast