Tag Archives: CNBC

AppLovin CEO urges investors to ‘dig deeper’ after short-seller report, company retains Alex Spiro

Applovin CEO Adam Foroughi published a blog post late Thursday after the company’s stock plunged on a third short-seller report.

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CoreWeave set to begin trading

CoreWeave received the most proceeds from a U.S. technology IPO since automation software maker UiPath went public in 2021.

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CoreWeave CEO says lower IPO pricing was ‘where the buying interest was’

CoreWeave CEO Mike Intrator said on “Squawk Box” that the company had to “rightsize” its pricing ahead of the Friday IPO.

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Taiwan accuses China’s biggest chipmaker SMIC of ‘illegally’ poaching tech talent

Taiwan’s justice ministry alleged that SMIC used a Samoa-based entity as cover to set up an entity on the island and has been “actively recruiting” talent.

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Assassin’s Creed-maker Ubisoft’s shares surge 11% on deal to spin off top game franchises

Ubisoft shares surged on Friday after the French video game publisher announced a deal to spin out some of its best-selling franchises.

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U.S. tech giants are betting big on humanoid robots — but China’s already ahead, analysts say

American tech giants are increasingly focusing on the humanoid robotics space, but analysts say they’re at risk of falling behind China.

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Alibaba has staged a quiet $100 billion rally — AI and Jack Ma’s return are at the heart of it

Alibaba founder Jack Ma has returned to the spotlight as China’s political environment for tech improves. Alibaba’s successes in AI have also shone through.

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CoreWeave prices IPO at $40 a share, below expected range

CoreWeave is trying to thaw the tech IPO market with one of the biggest offerings in years, but investors have expressed some skepticism.

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AppLovin shares plunge 20% after third short-selling firm slams company’s ad technology

Shares of AppLovin plunged on Thursday after short-selling firm Muddy Waters joined the parade of skeptics trying to push down the stock.

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Silicon Valley bubble risks heighten as investors pile into funds that bet on a single buzzy startup

Special purpose vehicles, or SPVs, have gotten so popular in Silicon Valley that some experts worry it’s the latest sign of a new bubble.

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