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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.
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.
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
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.
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
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.
‘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.
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.
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.
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.