CrowdStrike Holdings Inc
Matthew McConaughey, Ryan Reynolds-backed password manager tops $400 million in ARR on AI tail winds
Ryan Reynolds (L), Scarlett Johansson (C), and Matthew McConaughy Reuters Cybersecurity startup 1Password, backed by Ryan Reynolds, Matthew McConaughey and Scarlett Johansson, has topped more than $400 million in annual recurring revenue, the company said Thursday. “We believe we’re at a pretty significant inflection point in our journey,” CEO David Faugno told CNBC. “We’re set […]
Read More
Samsung building facility with 50,000 Nvidia GPUs to automate chip manufacturing
Jensen Huang, chief executive officer of Nvidia Corp., during the keynote address at the Nvidia GTC (GPU Technology Conference) in Washington, DC, US, on Tuesday, Oct. 28, 2025. Kent Nishimura | Bloomberg | Getty Images Korean semiconductor giant Samsung said on Thursday that it plans to buy and deploy a cluster of 50,000 Nvidia graphic […]
Read More
CrowdStrike CEO blasts ‘AI is killing software’ narrative, says one can’t exist without the other
CrowdStrike CEO George Kurtz pushed back on the narrative that artificial intelligence makes cloud-based software obsolete. “I don’t really buy that,” Kurtz told CNBC’s Jim Cramer on ” Squawk on the Street ” on Thursday morning. “I think you need software in order to be able to protect AI. They’re interrelated. It’s not like you […]
Read More
AWS recovers, Apple rallies, General Motors beats and more in Morning Squawk
Attendees walk through an exposition hall at AWS re:Invent, a conference hosted by Amazon Web Services, in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: […]
Read More
Amazon Web Services outage hits airline websites, disrupting check-in
An inside view of Newark Airport as travelers are facing eight straight days of massive delays, United Airlines canceling routes and staffing shortages in Newark, New Jersey, United States, on May 06, 2025. Mostafa Bassim | Anadolu | Getty Images Airline websites, including Delta Air Lines and United Airlines, were disrupted during Monday’s disruption of […]
Read More
Top Wall Street analysts favor these 3 stocks for their robust growth outlook
The Nvidia logo is displayed on a building at Nvidia headquarters on Aug. 27, 2025 in Santa Clara, California. Justin Sullivan | Getty Images Despite macroeconomic uncertainties, several companies are well-positioned to deliver strong returns to investors from rapid technological advancements and artificial intelligence (AI) adoption. To pick attractive stocks with strong prospects, investors can […]
Read More
CrowdStrike pops nearly 13% on upbeat long-term guidance at investor day
CrowdStrike logo is seen in this illustration taken July 29, 2024. Dado Ruvic | Reuters CrowdStrike shares popped about 13%, a day after the cybersecurity firm issued better-than-expected long-term guidance at its investor day. The company on Wednesday said it expects net new annual recurring revenues to grow at least 20% in 2027, ahead of […]
Read More
Netskope prices IPO at $19, valuing company at $7.3 billion
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Cybersecurity company Netskope is eying a $7.3 billion valuation after pricing shares at $19 for its upcoming IPO, at the top end of its expected range. Netskope will start trading on Thursday on the Nasdaq under the ticker symbol “NTSK.” The share sale raised $908.2 […]
Read More