Enterprise
IonQ buys UK quantum startup Oxford Ionics for more than $1 billion
IonQ is buying United Kingdom-based quantum computing startup Oxford Ionics in a deal valued at nearly $1.1 billion. Shares gained about 4%. The companies said in a release that the deal will combine IonQ’s quantum computing hardware and software knowledge with Oxford Ionics’ semiconductor chip technologies. The company aims to deliver breakthroughs in the field […]
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DocuSign stock tanks 18% after company cuts billings outlook
Tiffany Hagler-Geard | Bloomberg | Getty Images Shares of DocuSign tanked 18% in trading Friday, a day after the e-signature provider reported stronger-than-expected earnings but slashed its full-year billings outlook. Here’s how the company performed in its fiscal first quarter, compared with estimates from analysts polled by LSEG: Earnings per share: 90 cents, adjusted, vs. […]
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Omada Health prices IPO at $19 per share, in middle of expected range
Omada Health virtual health program. Courtesy: Omada Health Omada Health priced its IPO at $19 per share on Thursday, in the middle of the expected range. The virtual chronic care company said in a press release that 7.9 million shares are being sold in the offering, amounting to $150 million. Omada, founded in 2012, will […]
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Microsoft’s stock hits fresh record, rallying despite drop in broader market
Microsoft Chairman and Chief Executive Officer Satya Nadella speaks during the Microsoft Build 2025, conference in Seattle, Washington, on May 19, 2025. Jason Redmond | AFP | Getty Images On a down day for the market, Microsoft reached a record high for the first time in 11 months. Shares of the software giant rose 0.8% […]
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MongoDB jumps 15% after company boosts guidance, cites confidence in cloud-based database service
Dev Ittycheria, CEO of MongoDB Adam Jeffery | CNBC MongoDB shares surged 15% after the software company surpassed fiscal first-quarter earnings expectations and raised its outlook, citing growing confidence in its cloud-based database service. Revenues hit $549 million during the period, jumping 22% from more than $450 million in the year-ago period. That topped a […]
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OpenAI tops 3 million paying business users, launches new features for workplace
Sam Altman, co-founder and CEO of OpenAI, speaks during the New York Times annual DealBook Summit at Jazz at Lincoln Center in New York City on Dec. 4, 2024. Michael M. Santiago | Getty Images OpenAI on Wednesday announced that it now has 3 million paying business users, up from the 2 million it reported […]
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Microsoft gives LinkedIn chief Roslansky added role running Office
Microsoft is giving LinkedIn CEO Ryan Roslansky a bigger job, expanding his role to include oversight of Office productivity software, CNBC has learned. Roslansky, who took over LinkedIn five years ago, is becoming executive vice president of Office, reporting to Rajesh Jha, Microsoft’s executive vice president for experiences and devices, according to a person familiar […]
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CrowdStrike drops 4% on lackluster guidance, ongoing impact from July IT outage
George Kurtz, chief executive officer of Crowdstrike Inc., listens during an interview in San Francisco, California, U.S., on Wednesday, Sept. 25, 2019. Michael Short | Bloomberg | Getty Images Shares of CrowdStrike slumped more than 4% Wednesday morning after the cybersecurity company issued lackluster revenue guidance for the current quarter. The security software maker said […]
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CrowdStrike shares drop on weak revenue guidance
George Kurtz, chief executive officer of Crowdstrike Inc., speaks during the Montgomery Summit in Santa Monica, California, U.S., on Wednesday, March 4, 2020. Patrick T. Fallon | Bloomberg | Getty Images CrowdStrike shares fell about 5% in extended trading on Tuesday after the security software maker issued a weaker-than-expected revenue forecast. Here’s how the company […]
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Donald Trump Jr. distances himself from $TRUMP meme coin: ‘I wasn’t involved’
Donald Trump Jr. is distancing himself from his father’s meme coin — while defending the family’s broader foray into crypto as a response to being frozen out of the traditional banking system. “I wasn’t involved in the meme coin,” Trump Jr. said in an interview on CNBC’s “Squawk Box.” “I’m more focused on the stablecoin, […]
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