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Tag Archives: CNBC
AI firm Mistral valued at $14 billion as chip giant ASML takes major stake
ASML pumped 1.3 billion euros in Mistral AI’s 1.7 billion-euro funding round as lead investor, gaining a 11% shareholding in the French company.
Ex-Meta employee files whistleblower suit for alleged security flaws at WhatsApp
A former Meta employee sued the company over allegations that its WhatsApp service contained cybersecurity failures that could compromise user privacy.
Nvidia’s Huang joining Trump on UK state visit next week
OpenAI’s Sam Altman, Blackstone CEO Steven Schwartzman, and BlackRock CEO Larry Fink will also be attending, according to Sky News.
StubHub aims to raise up to $9.2 billion in IPO, pricing at $22 to $25 per share
The IPO market has bounced back, with debuts from Peter Thiel-backed cryptocurrency exchange Bullish, design software company Figma and crypto firm Circle.
Chinese EV maker Xpeng eyes global launch of mass-market Mona brand in 2026
Xpeng plans to launch its mass-market Mona brand outside of China, CEO He Xiaopeng told CNBC.
Dan Ives to become chair of company that will buy Sam Altman-backed Worldcoin for its treasury
Wedbush Securities’ Ives will help lead Eightco Holdings’ treasury strategy around Worldcoin, which he says will change the game for identity verification.
Klarna’s IPO will test if it’s more than just a one-trick ‘buy now, pay later’ pony
Klarna has been attempting to convince the market that it’s more of a digital retail bank than a simple buy now, pay later firm.
AppLovin and Robinhood added to S&P 500
The companies previously saw their shares move downward on news that they wouldn’t be joining the index. Now their time has come.
FTC commissioner questions status of Snap AI chatbot complaint: ‘People deserve answers’
President Trump attempted to remove Slaughter from her FTC position, but a U.S. appeals court allowed her to maintain her role.
Google leads monster week for tech, pushing megacaps to combined $21 trillion in market cap
Tech’s megacaps got bigger this week, and the eight trillion-dollar companies now make up a combined 36% of the S&P 500.