Khaldoon Al Mubarak, CEO of Abu Dhabi’s $330-billion sovereign wealth fund Mubadala, spoke to CNBC’s Dan Murphy in Davos about the future of investing in AI, the fund’s investment strategy for the next five years and his outlook for 2025.
Watch CNBC’s full interview with Mubadala’s CEO Khaldoon Al Mubarak
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Canada Goose rises 7% in premarket trading after controlling shareholder gets take-private bids
New York-listed shares of Canada Goose rose by nearly 7% in premarketing trading, after a CNBC report that the winter-clothing maker’s controlling shareholder, Bain Capital, has received bids to take the company private. Private equity firm Bain Capital is looking to offload its holding in Canada Goose, sources told CNBC’s Anniek Bao, with Goldman Sachs […]
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European stocks rebound as traders eye Nvidia earnings
European markets opened higher Wednesday as traders gear up for a quarterly earnings report from chipmaker Nvidia. The Nasdaq-listed stock has become a bellwether for the global technology sector, particularly regarding the progress of the artificial intelligence boom, as its major corporate customers include Microsoft, Google, Meta and Amazon. Its value has soared in recent […]
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