Omada Health smart devices in use. Courtesy: Omada Health Omada Health plans to raise up to $158 million in its up coming IPO, attaining a market cap of about $1.1 billion at the top end of its expected range, according to a filing on Thursday. The virtual chronic care company filed its prospectus earlier this […]
Omada Health aims to go public with market cap of up to $1.1 billion Read More »
Marc Benioff, Chairman & CEO of Salesforce, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Salesforce shares slumped about 6% despite topping Wall Street’s fiscal first-quarter estimates and lifting its full-year guidance due to artificial intelligence tailwinds. The sales and customer service software
Salesforce shares fall as software maker shows pockets of weakness Read More »
Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | Reuters The New York Times on Thursday struck a deal with Amazon allowing it to use the storied news organization’s content across its artificial intelligence platforms. The multi-year deal “will bring Times editorial
Amazon AI deal with New York Times brings the paper’s content to Alexa Read More »
Intel’s CEO Lip-Bu Tan speaks at the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Laure Andrillon | Reuters When Lip-Bu Tan was named CEO of Intel a little over two months ago, he brought with him plenty of name recognition. Tan spent 12 years running Cadence Design Systems and
Jensen Huang, co-founder and CEO of Nvidia, during the Computex conference in Taipei, Taiwan, on May 20, 2025. Annabelle Chih | Bloomberg | Getty Images Nvidia shares jumped in premarket trading on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks. Shares of Nvidia were 5.22% higher at 05:06
Nvidia jumps 5% in premarket trading as results spark global chip rally Read More »
Deepseek’s logo on Jan. 29, 2025. Andrey Rudakov | Bloomberg | Getty Images Chinese startup DeepSeek, which caused shockwaves across markets this year, quietly released an upgraded version of its artificial intelligence reasoning model. The company did not make an official announcement, but the upgrade of DeepSeek R1 was released on AI model repository Hugging
Tesla CEO Elon Musk reacts while wearing a cap with the words “Gulf of America” as he attends a cabinet meeting held by U.S. President Donald Trump at the White House in Washington, D.C., U.S., April 30, 2025. Evelyn Hockstein | Reuters With his official stint in government coming to an end, Elon Musk thanked
Elon Musk thanks Trump, says he’s leaving government work with DOGE Read More »
Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC Elon Musk needs to spend more time at Tesla as his electric vehicle company faces a “crisis,” according to a letter on Wednesday from a group of pension fund leaders who manage investments in the company. “Tesla’s stock price volatility, declining sales, as
Tesla investors demand Musk work 40-hour week at EV maker as ‘crisis’ builds Read More »
Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta’s AI assistant now has 1 billion monthly active users across the company’s family of apps, CEO Mark Zuckerberg said Wednesday at the company’s annual shareholder meeting. The “focus
Mark Zuckerberg says Meta AI has 1 billion monthly active users Read More »
Sopa Images | Lightrocket | Getty Images HP reported second-quarter results that beat analysts’ estimates for revenue but missed on earnings and guidance, in part due to President Donald Trump’s sweeping tariffs. Shares sank 15% after the report. Here’s how the company did versus analysts’ estimates compiled by LSEG: Earnings per share: 71 cents, adjusted vs. 80
HP sinks 15% as company misses on earnings, guidance due to ‘added cost’ from tariffs Read More »
