Software
Palantir CEO Karp says AI is dangerous and ‘either we win or China will win’
Alex Karp, Palantir CEO, and Chris Johnson, Teletracking co-CEO, joins CNBC’s ‘Squawk on the Street’ on June 5, 2025. CNBC Palantir CEO Alex Karp said the artificial intelligence arms race between the U.S. and China will culminate in one country coming out on top. “My general bias on AI is it is dangerous,” Karp told […]
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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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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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DoorDash CEO Tony Xu is taking on the role of industry consolidator in food delivery
Tony Xu, co-founder and CEO of DoorDash Inc., smiles during the Wall Street Journal Tech Live conference in Laguna Beach, California, on Oct. 22, 2019. Martina Albertazzi | Bloomberg | Getty Images During the depths of the Covid pandemic, with restaurants around the country facing an existential crisis, DoorDash CEO Tony Xu had an unconventional […]
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Zscaler jumps 8% on strong results fueled by AI growth
Zscaler rings the opening bell at the Nasdaq exchange in New York, March 16, 2018. Source: Nasdaq Zscaler shares jumped 8% Friday after reporting stronger-than-expected results in the third fiscal quarter driven by artificial intelligence and widespread adoption of its zero-trust security platform. “The proliferation of AI in all aspects of business is increasing the […]
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Salesforce shares fall as software maker shows pockets of weakness
Marc Benioff, Chairman & CEO of Salesforce, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Salesforce shares slumped about 6% despite topping Wall Street’s fiscal first-quarter estimates and lifting its full-year guidance due to artificial intelligence tailwinds. The sales and customer service software […]
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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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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 $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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