Tag Archives: CNBC

HR unicorn Deel prepares for IPO as soon as 2026 after revenue jump

Human resources software firm Deel said it has hit an annual revenue run rate of $800 million as it ramps up preparations to go public.

Posted in Tech | Tagged | Comments Off on HR unicorn Deel prepares for IPO as soon as 2026 after revenue jump

Nintendo posts profit miss as it slashes Switch forecast again ahead of console’s successor

Nintendo investors and fans are awaiting more details on the Switch 2, the successor to the company’s near eight-year-old Switch console.

Posted in Tech | Tagged | Comments Off on Nintendo posts profit miss as it slashes Switch forecast again ahead of console’s successor

DeepSeek’s breakthrough emboldens open-source AI models like Meta’s Llama

DeepSeek’s success represents a victory for open-source artificial intelligence models such as Meta’s Llama, industry experts told CNBC.

Posted in Tech | Tagged | Comments Off on DeepSeek’s breakthrough emboldens open-source AI models like Meta’s Llama

China to launch antitrust probe into Google over alleged anti-monopoly practices

China’s regulatory body said it would begin an antitrust investigation into Google over alleged anti-competitive market behavior.

Posted in Tech | Tagged | Comments Off on China to launch antitrust probe into Google over alleged anti-monopoly practices

Asia tech stocks rise after Trump pauses tariffs on Canada and Mexico

Gains were broad based across tech stocks in Japan, South Korea and Hong Kong.

Posted in Tech | Tagged | Comments Off on Asia tech stocks rise after Trump pauses tariffs on Canada and Mexico

Silicon Valley venture capital pioneer Dick Kramlich, an early investor in Apple, dies at 89

Dick Kramlich, one of Silicon Valley’s early venture capitalists, died over the weekend.

Posted in Tech | Tagged | Comments Off on Silicon Valley venture capital pioneer Dick Kramlich, an early investor in Apple, dies at 89

How DeepSeek’s new AI models are impacting the profits of global companies

CNBC Pro spoke to multiple companies, including one whose share price has risen by more than 1,400% over the past year.

Posted in Tech | Tagged | Comments Off on How DeepSeek’s new AI models are impacting the profits of global companies

Palantir shares surge 15% after company posts strong earnings and outlook

Palantir’s earnings report follows a historic rally in the stock last year.

Posted in Tech | Tagged | Comments Off on Palantir shares surge 15% after company posts strong earnings and outlook

Tesla shares drop 5% on Trump tariffs, decline in vehicle registrations in Europe

Tesla’s stock fell more than its megacap tech peers on Monday following President Trump’s announced tariffs.

Posted in Tech | Tagged | Comments Off on Tesla shares drop 5% on Trump tariffs, decline in vehicle registrations in Europe

Apple shares fall on concern Trump tariffs on China will hit profit

Among the tech megacaps, Apple may be the most vulnerable to President Trump’s announced tariffs on China.

Posted in Tech | Tagged | Comments Off on Apple shares fall on concern Trump tariffs on China will hit profit