Enterprise
CoreWeave CEO defends spending plans, tries to combat debt narrative as stock plummets nearly 22%
Coreweave CEO Mike Intrator backed up the company’s massive spending plans during an interview with CNBC’s “Squawk on the Street” on Friday as shares dropped post-earnings on profitability worries. Intrator told CNBC that Coreweave has willingly chosen to invest in more infrastructure and take a margin hit to meet the “once in a generation moment” […]
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Nvidia’s stock wrapping up tough week as Wall Street focuses more on competition than growth
Nvidia CEO Jensen Huang speaks during a dinner event with the company’s Taiwanese suppliers in Taipei, Taiwan, on Saturday, Jan. 31, 2026. Lam Yik Fei | Bloomberg | Getty Images Nvidia reported blowout earnings on Wednesday and issued a better-than-expected forecast showing accelerating growth. CEO Jensen Huang proclaimed that “compute demand is skyrocketing.” Investor concerns […]
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CoreWeave beats revenue projections as backlog swells to nearly $67 billion
Michael Intrator, Chief Executive Officer of CoreWeave Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 22, 2025. Jeenah Moon | Reuters CoreWeave shares fell as much as 11% in extended trading on Thursday after the artificial intelligence-focused cloud infrastructure provider […]
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Nvidia’s forecast points to accelerating growth, as Vera Rubin starts hitting market
Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Siemens and Nvidia announced an expansion of their strategic partnership to develop industrial and physical AI solutions to bring AI-driven innovation to industrial workflow. Photographer: Bridget Bennett/Bloomberg via Getty Images Bloomberg […]
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Salesforce commits $50 billion for new buybacks as revenue guidance falls short
Marc Benioff, chief executive officer of Salesforce Inc., during the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 20, 2026. Krisztian Bocsi | Bloomberg | Getty Images Salesforce shares slipped 3% in extended trading on Wednesday after the customer service software maker reported healthy results and boosted its long-range revenue goal, although its […]
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Nvidia set to report quarterly results after the bell
Nvidia CEO Jensen Huang speaks during the 2026 CES event in Las Vegas, Jan. 6, 2026. Bridget Bennett | Bloomberg | Getty Images Nvidia is scheduled to report fiscal fourth-quarter results after the close of regular trading on Wednesday. Here’s what Wall Street is expecting, according to LSEG consensus estimates: EPS: $1.53 adjusted Revenue: $66.2 […]
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Thrive Capital invested about $1 billion in OpenAI at a $285 billion valuation, source says
OpenAI CEO Sam Altman attends an event to pitch AI for businesses in Tokyo, Feb. 3, 2025. Kim Kyung-hoon | Reuters Joshua Kushner’s Thrive Capital invested roughly $1 billion in OpenAI at a $285 billion valuation in December, a source confirmed Wednesday. It is a preferential deal for the venture capital firm that has long […]
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Bill Gates addresses Epstein files in candid town hall days after last-minute speaking cancellation
Bill Gates, chair of the Gates Foundation, speaks at the Bloomberg Philanthropies 2025 Global Business Forum in New York on Sept. 24, 2025. Michael Nagle | Bloomberg | Getty Images Bill Gates spoke about his association with Jeffrey Epstein in a town hall meeting with employees of the Gates Foundation, a spokesperson for the nonprofit […]
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Workday stock sinks on weak revenue guidance
Aneel Bhusri, co-founder of Workday, speaks at the Workday Charity Classic on the Stanford University golf course in Stanford, California, on Aug. 28, 2024. David Paul Morris | Bloomberg | Getty Images Workday shares fell 8% in extended trading on Tuesday after the human resources and finance software maker reported light quarterly guidance. Here’s how […]
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Cursor announces major update to AI agents as coding tool battle heats up
The Cursor logo arranged on a smartphone in New Hyde Park, New York, Nov. 20, 2025. Gabby Jones | Bloomberg | Getty Images Cursor announced updates to its artificial intelligence coding agents on Tuesday as the startup works to fend off increasingly stiff competition from rivals like Anthropic, OpenAI and Microsoft. The AI startup has […]
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