Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, gestures during the company’s IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. Brendan Mcdermid | Reuters Artificial intelligence cloud provider CoreWeave is set to make its Nasdaq debut on Friday. The company priced shares at $40 in its […]
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Artwork for Ubisoft’s upcoming “Assassin’s Creed Shadows” game. John Keeble | Getty Images Ubisoft shares surged on Friday after the French video game publisher announced a deal to spin out some of its best-selling franchises. On Thursday, Ubisoft revealed plans to form a new gaming subsidiary, with Chinese technology giant Tencent investing 1.16 billion euros ($1.25 billion)
Unitree’s G1 robot at the Mobile World Congress 2025 in Barcelona, Spain, on March 6, 2025. Nurphoto | Nurphoto | Getty Images American tech giants like Tesla and Nvidia are racing to develop humanoid robots, stressing their importance to the future economy. But analysts warn they are already at risk of losing out to China.
Jaque Silva | Nurphoto | Getty Images Shares of AppLovin sank 20% on Thursday, their steepest drop on record, as another short-selling firm raised concerns about the company’s digital ad technology and claimed that it’s violating app store rules. AppLovin tumbled $65.92 to close at $261.70. The stock soared more than 700% last year, the
AppLovin shares plunge 20% after third short-selling firm slams company’s ad technology Read More »
In this photo illustration, the Facebook logo is displayed on the screen of an iPhone in front of a Meta logo on October 28, 2021 in Paris, France. Chesnot | Getty Images Meta on Thursday debuted the Facebook Friends tab, a new feature that’s part of CEO Mark Zuckerberg’s pitch to revive the original spirit
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Robinhood CEO Vlad Tenev is betting that by rolling out a large enough portfolio of digital investment products, more consumers will be willing to pay a monthly subscription for its product suite. Subscribers to Robinhood Gold pay $5 a month or $50 a year for perks like 4% interest on uninvested cash, access to professional
CoreWeave CEO Michael Intrator appears on CNBC on July 17, 2024. CNBC Nvidia is aiming to anchor CoreWeave’s initial public offering at $40 a share with a $250 million order, according to a person familiar with the matter. The company initially filed the offering at $47 to $55 per share. The source told CNBC’s Leslie
Nvidia to anchor CoreWeave IPO at $40 a share, source says Read More »
Muhammed Selim Korkutata | Anadolu | Getty Images President Donald Trump said he may reduce tariffs on China to facilitate a deal that would result in ByteDance selling the U.S. operations of TikTok. China “is going to have to play a role” in approving a TikTok-related divestiture, Trump said in a press conference Wednesday. “Maybe
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A view of 23andMe headquarters in Sunnyvale, California, United States on March 25, 2025. Tayfun Coskun | Anadolu | Getty Images 23andMe co-founder Linda Avey took to social media on Wednesday to express frustration about the fate of the once-thriving genetics testing company that spiraled into Chapter 11 bankruptcy protection this week. Avey helped launch
White House Senior Advisor, Tesla and SpaceX CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House on March 24, 2025 in Washington, DC. Win McNamee | Getty Images Tesla shares fell about 6% on Wednesday as data from Europe showed slowing sales last month, and investors grew
Tesla shares drop on plunging European sales, concerns about Trump’s tariffs Read More »
