Enterprise

Circle IPO has peculiar Facebook-like characteristic
Technology

Circle IPO has peculiar Facebook-like characteristic

Jeremy Allaire, co-founder and CEO of Circle, speaks at the 2025 TIME100 Summit in New York on April 23, 2025. Jemal Countess | TIME | Getty Images Stablecoin issuer Circle stands to be one of the first significant cryptocurrency companies to go public in the U.S. That’s not the only unusual aspect of its IPO. […]

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Okta shares plunge 11% as company maintains guidance, citing macroeconomic uncertainties
World

Okta shares plunge 11% as company maintains guidance, citing macroeconomic uncertainties

Todd McKinnon, CEO and co-founder of Okta, speaks during the BoxWorks 2019 Conference in San Francisco, California, on Oct. 3, 2019. Michael Short | Bloomberg | Getty Images Okta reported better-than-expected earnings and revenue on Tuesday but maintained its guidance as the identity management software vendor grapples with an uncertain economic backdrop. The stock plunged […]

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Tesla shares climb as Musk pledges to be ‘super focused’ on companies ahead of Starship launch
Technology

Tesla shares climb as Musk pledges to be ‘super focused’ on companies ahead of Starship launch

Elon Musk listens as reporters ask U.S. President Donald Trump and South Africa President Cyril Ramaphosa questions during a press availability in the Oval Office at the White House on May 21, 2025 in Washington, DC. Chip Somodevilla | Getty Images Tesla shares gained about 5% on Tuesday after CEO Elon Musk over the weekend […]

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Trump advisor Hassett says ‘we don’t want to harm’ Apple with iPhone tariffs
Technology

Trump advisor Hassett says ‘we don’t want to harm’ Apple with iPhone tariffs

White House economic adviser Kevin Hassett gives a TV interview outside of the White House in Washington, U.S., May 9, 2025. Leah Millis | Reuters National Economic Council Director Kevin Hassett said Tuesday that the Trump administration does not want to “harm Apple” with tariffs. “Everybody is trying to make it seem like it’s a catastrophe if there’s […]

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Ambience announces OpenAI-powered medical coding model that outperforms physicians
Health

Ambience announces OpenAI-powered medical coding model that outperforms physicians

Dr. Priti Patel, CMIO at John Muir Health, uses Ambience before starting a patient encounter. Courtesy of Ambience Healthcare Artificial intelligence startup Ambience Healthcare on Tuesday announced a new medical coding model that outperforms doctors by 27%. Ambience uses AI to draft clinical notes in real-time as doctors consensually record their visits with patients. The […]

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Companies turn to AI to navigate Trump tariff turbulence
World

Companies turn to AI to navigate Trump tariff turbulence

Artificial intelligence robot looking at futuristic digital data display. Yuichiro Chino | Moment | Getty Images Businesses are turning to artificial intelligence tools to help them navigate real-world turbulence in global trade. Several tech firms told CNBC say they’re deploying the nascent technology to visualize businesses’ global supply chains — from the materials that are […]

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Palantir CEO Alex Karp sells more than  million in stock
Technology

Palantir CEO Alex Karp sells more than $50 million in stock

Palantir co-founder and CEO Alex Karp speaks during the Hill & Valley Forum at the U.S. Capitol Visitor Center Auditorium in Washington, D.C., on April 30, 2025. Brendan Smialowski | Afp | Getty Images Palantir CEO Alex Karp has sold more than $50 million worth of shares in the artificial intelligence software company, according to […]

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Intuit shares pop 9% on earnings beat, rosy guidance
Technology

Intuit shares pop 9% on earnings beat, rosy guidance

Shares of Intuit popped about 9% on Friday, a day after the company reported quarterly results that beat analysts’ estimates and issued rosy guidance for the full year. Intuit, which is best known for its TurboTax and QuickBooks software, said revenue in the fiscal third quarter increased 15% to $7.8 billion. Net income rose 18% to […]

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Hinge Health opens at .25 per share after pricing IPO at top end of range
Health

Hinge Health opens at $39.25 per share after pricing IPO at top end of range

Hinge Health signage outside the New York Stock Exchange (NYSE) during the company’s initial public offering (IPO) in New York, US, on Thursday, May 21, 2025. Michael Nagle | Bloomberg | Getty Images Shares of Hinge Health popped in their debut on the New York Stock Exchange on Thursday after the digital physical therapy company raised […]

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CoreWeave shares soar 19% after  billion debt offering
Technology

CoreWeave shares soar 19% after $2 billion debt offering

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 CoreWeave shares popped 19% after announcing a $2 billion debt offering. The renter of artificial intelligence data centers powered by Nvidia chips […]

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