Enterprise
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
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 $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 $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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Google launches $250 per month ‘VIP’ AI subscription service
Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. David Paul Morris | Bloomberg | Getty Images Google is adding a new artificial intelligence subscription service that offers exclusive access to the company’s most “cutting edge” AI products. Called “Google AI Ultra,” the new plan includes […]
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Elon Musk commits to leading Tesla for next five years
Elon Musk, chief executive officer of Tesla Inc., speaks via video link at the Qatar Economic Forum (QEF) in Doha, Qatar, on Tuesday, May 20, 2025. Bloomberg | Bloomberg | Getty Images Tesla CEO Elon Musk on Tuesday committed to leading the electric-vehicle-maker for the next five years. “Yes, no doubt about that at all,” […]
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Microsoft introduces GitHub AI agent that can code for you
Microsoft CEO Satya Nadella speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on , April 4, 2025. David Ryder | Bloomberg | Getty Images Microsoft’s GitHub unit on Monday introduced a Copilot artificial intelligence agent that can take on specific programming work and inform people once […]
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Regeneron Pharmaceuticals to buy 23andMe and its data for $256 million
A view of the 23andMe headquarters in Sunnyvale, California, on March 25, 2025. Tayfun Coskun | Anadolu | Getty Images Regeneron Pharmaceuticals on Monday announced it will acquire “substantially all” of 23andMe’s assets for $256 million. The drugmaker participated in a bankruptcy auction for 23andMe, a once high-flying genetic testing company that filed for for […]
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Qualcomm to launch data center processors that link to Nvidia chips
Qualcomm CEO Cristiano Amon speaks at Computex 2025 in Taipei on May 19, 2025. Cheng Yu-chen | Afp | Getty Images Qualcomm on Monday said it plans to launch processors designed for data centers to power artificial intelligence, which will link to Nvidia’s chips. Nvidia’s graphics processing units (GPUs) have become a critical component in […]
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Tech IPO market is finally showing signs of life
Yoni Assia, co-founder and chief executive officer of EToro Group Ltd., center, and Ronen Assia, co-founder of EToro Group Ltd., center left, ring the opening bell during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, May 15, 2025. Yuki Iwamura | Bloomberg | Getty Images The IPO market […]
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