Tag Archives: CNBC

Palantir’s stock fell for a fifth straight day to continue its pullback from all-time highs.

Databricks said that it’s closing a funding round that will value the company at over $100 billion, up from $62 billion late last year.

Crypto stocks were among the hardest hit on Tuesday as investors dumped tech names.

The potential deal would convert the CHIPS ACT grants into equity, but wouldn’t come with governance rights in Intel, Lutnick said.

Treasury Secretary Scott Bessent told CNBC on Tuesday that India is “profiteering” off of Russia’s invasion of Ukraine

Nvidia last week struck a deal with the U.S. government to resume selling products in China, in exchange for giving it a 15% cut of the sales.

Unable to make big AI purchases because of regulatory hurdles, tech giants have spent billions to buy top talent from startups, leaving behind shell companies.

The U.S. government announced the U.K. would drop its demand for Apple to provide a “back door” to user data, in a key victory for end-to-end encryption.

OpenAI has launched a subscription plan for users in India, priced at just 399 rupees ($4.57) per month, its most affordable offering yet.

Shein is reportedly considering moving its headquarters back to China in a bid to facilitate its Hong Kong initial public offering plans.