The Oura Ring 4. Courtesy: Oura The chief executive of Finland’s Oura told CNBC on Tuesday that he expects the wearable tech company to generate close to $2 billion in sales next year. The smart ring maker has upped its forecast as it invests in artificial intelligence and international expansion, hot on the heels of a […]
Nvidia CEO Jensen Huang (L) and the CEO of the SoftBank Group Masayoshi Son pose during an AI event in Tokyo on November 13, 2024. Akio Kon | Bloomberg | Getty Images Japanese giant SoftBank said Tuesday it has sold its entire stake in tech giant Nvidia for $5.83 billion. The firm said in its
SoftBank sells its entire stake in Nvidia for $5.83 billion Read More »
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty Images Japanese giant SoftBank on Tuesday posted a $19 billion gain on its Vision Fund in its fiscal second quarter ended Sept. 30. The broader Vision Fund segment factors in non-investment
SoftBank rides the AI wave as OpenAI lifts Vision Fund to $19 billion gain Read More »
The Sony Group Corp. logo displayed on a screen at the Combined Exhibition of Advanced Technologies (Ceatec) in Chiba, Japan, on Wednesday, Oct. 16, 2024. Bloomberg | Bloomberg | Getty Images Sony Group on Tuesday reported an increase in its second-quarter operating profit that beat expectations, while announcing a share buyback of up to 100 billion Japanese yen ($648
Sony raises profit forecast after earnings beat, boosted by Music and Imaging divisions Read More »
Elon Musk, CEO of Tesla, speaks during the 2025 Annual Shareholder Meeting on Nov. 6, 2025. Courtesy: Tesla Tesla shareholders voted last week to give CEOÂ Elon Musk a record pay package, one that could net him about $1 trillion in company stock over the next decade. But Musk received less support than he did for
Tesla investor support for Elon Musk’s massive pay plan was lower in 2025 than in 2018 Read More »
Michael Intrator, co-founder and chief executive officer of CoreWeave, center, appears at the Nasdaq MarketSite in New York on March 28, 2025. CoreWeave raised $1.5 billion in its initial public offering, a downsized deal that reflects how stock market volatility is hurting demand for even highly anticipated listings. Michael Nagle | Bloomberg | Getty Images
CoreWeave’s revenue more than doubles as AI buildout expansion accelerates Read More »
A Waymo autonomous self-driving Jaguar electric vehicle sits parked at an EVgo charging station in Los Angeles, California, on May 15, 2024. Patrick T. Fallon | AFP | Getty Images Waymo has tapped Google executive Steve Fieler as its new chief financial officer, the self-driving company announced on Monday. The new CFO comes as the
Waymo announces new CFO Steve Fieler Read More »
Ripple Labs has become one of the world’s largest cryptocurrency companies, but executives aren’t stopping there, CEO Brad Garlinghouse told CNBC. Over the past year, the firm has ramped up efforts to bridge the Web3 world and an industry that has long been viewed as its foil — traditional finance. In an interview with CNBC’s
We’re making three trades on Monday. We’re selling 200 shares of Cisco Systems at roughly $71 each, leaving Jim Cramer’s Charitable Trust with 1,000 shares of CSCO and decreasing its weighting to about 2.1% from 2.28%. We’re buying 80 shares of Corning at roughly $87. After the trade, the Trust will own 520 shares of
Huge swathes of cash are flowing from Japan to European tech startups as risk-averse investors favor a more mature entrepreneurial ecosystem, helping to scale the continent’s booming deep tech cluster. While the European startup and venture capital ecosystem has long operated in the shadow of Silicon Valley, it has become fertile ground for Japanese corporates,
Japanese investors turn to Europe as deep tech boom lures capital abroad Read More »
