Tag Archives: CNBC

World’s largest chipmaker TSMC says it has discovered potential trade secret leaks

TSMC dominates the market for the manufacturing of the most advanced chips on the planet and counts major firms like Apple and Nvidia as clients.

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Hims & Hers stock falls 10% on revenue miss

In June, Hims & Hers shares tumbled more than 30% after a short-lived collaboration with Novo Nordisk fell apart.

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Palantir tops $1 billion in revenue for the first time, boosts guidance

Palantir surpassed Wall Street’s estimates and lifted its full-year outlook

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Firefly Aerospace lifts IPO range that would value company at more than $6 billion

Firefly Aerospace lifted the share price range for its upcoming IPO, in a move that would value the space technology company at more than $6 billion.

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Figma’s stock sinks more than 20% after last week’s IPO pop

After more than tripling in its debut last week, Figma gave up some of its gains on Monday.

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Amazon cuts some Wondery podcast jobs as part of reorganization of audio business

Amazon acquired Wondery nearly five years ago as part of a push into original audio content.

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Tesla awards Musk $29 billion in shares with prior pay package in limbo

The legal battle over Musk’s $56 billion 2018 pay package is before the Delaware Supreme Court.

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Legal AI startup Harvey hits $100 million in annual recurring revenue

Harvey launched in 2022 after the founders experimented with OpenAI’s large language model GPT-3, which came out before its viral AI chatbot, ChatGPT. 

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Baidu plans to expand its robotaxis to Europe with Lyft deal

Chinese tech giant Baidu is looking to expand its autonomous vehicle business globally through deals with Lyft and Uber.

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Nvidia’s set to regain some China access. But it still faces eroding AI chip market share

Nvidia’s H20 chips are set for a likely return to China, but experts don’t expect them to be met with the same fanfare in light of new competition and regulatory scrutiny.

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