Tag Archives: CNBC

Klarna opens at $52 per share in NYSE debut after pricing IPO above range

Klarna priced its IPO at $40 on Tuesday in an offering that valued the company at about $15 billion.

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Larry Ellison is $110 billion richer after blowout Oracle earnings report

Larry Ellison, the co-founder and technology chief of database software incumbent Oracle, is closing in on his friend Elon Musk’s net worth.

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Oracle stock booms 40%, on pace for best day since 1992

The cloud giant is on pace for its best day since 1999, and is now quickly approaching the $1 trillion market cap benchmark

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Amazon’s Zoox jumps into U.S. robotaxi race with Las Vegas launch

Amazon’s Zoox robotaxi unit is offering free rides in Las Vegas from a few locations, with plans to expand in the city.

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Uber will launch Blade helicopter rides next year through expanded Joby partnership

Uber said it will bring helicopter rides as soon as next year through its partnership with Joby

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Qualcomm unveils driverless tech with BMW, sees ‘domino effect’ of customers

Qualcomm and BMW jointly developed an automated driving system that will debut on the BMW iX3.

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‘We’re all kind of in shock.’ Oracle’s revenue projections leave analysts slack-jawed

Oracle’s earnings report included numbers that suggest the company’s growth rate due to artificial intelligence is about to pop.

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Klarna prices IPO at $40, above online lender’s expected range

Klarna priced its IPO at $40 a share, an offering that values the company at about $15 billion.

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Oracle pops 22% on cloud growth projections even as earnings miss estimates

Oracle said total remaining performance obligations jumped 359% from a year earlier, indicating big growth prospects.

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Google Cloud chief details how search giants is making billions monetizing its AI products

“We’ve made billions using AI already,” Google Cloud chief Thomas Kurian said on Tuesday.

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