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Tag Archives: CNBC
Navan, corporate travel and expense startup, files for initial public offering
Business travel and expense startup Navan has filed for an initial public offering, reporting an annual revenue rate surpassing $600 million.
Microsoft raises Xbox prices in U.S. due to economic environment
Many consumer companies have been warning for months that higher prices are on the way following President Trump’s tariffs.
StubHub shares stumble for third day as post-IPO slump deepens
StubHub shares fell for a third straight day after the company’s IPO, a contrast to other recent debuts like Klarna, Figma and Circle.
Elon Musk’s xAI raising $10 billion at $200 billion valuation: sources
The fundraising comes weeks after Musk raised $10 billion in debt and equity at what was believed to be a roughly $150 billion valuation, according to Faber.
Top Amazon reseller Pattern opens at $13.50 in Nasdaq debut after IPO raised $300 million
The Utah-based company ranks No. 2 among the top U.S. sellers on Amazon’s third-party marketplace.
Apple CEO Tim Cook says iPhone price hikes are not tied to tariffs
Apple CEO Tim Cook said the latest iPhone price hikes aren’t connected to President Donald Trump’s sweeping tariff plans.
iPhone 17 goes on sale globally as Apple faces China rivals and AI doubts
People around the world flocked to Apple stores on Friday morning to pick up the new generation of iPhones.
Nvidia just spent over $900 million to hire Enfabrica CEO, license AI startup’s technology
In a deal reminiscent of acquihires by Meta and Google, Nvidia hired Enfabrica’s CEO and other employees of the startup, and licensed its technology.
CrowdStrike pops 12% on upbeat long-term guidance at investor day
The cybersecurity firm shared strong long-term guidance this week and announced plans to buy AI security company Pangea.
Nvidia CEO Huang says $5 billion stake in rival Intel will be ‘an incredible investment’
“We’re going to become a very large customer of Intel CPUs, and we’re going to be a large supplier of GPU chiplets into Intel” chips, Huang said.