Tag Archives: CNBC

Fintech unicorns are watching Klarna’s debut for signs of when IPO window will reopen

Financial technology unicorns aren’t in a rush to go public even after buy now, pay later firm Klarna filed for a U.S. IPO.

Posted in Tech | Tagged | Comments Off on Fintech unicorns are watching Klarna’s debut for signs of when IPO window will reopen

Super Micro hires new auditor to maintain Nasdaq listing; shares pop 23%

Super Micro said on Monday that it hired BDO as its independent auditor.

Posted in Tech | Tagged | Comments Off on Super Micro hires new auditor to maintain Nasdaq listing; shares pop 23%

Canva hires former Zoom CFO Kelly Steckelberg to run finance ahead of expected IPO

Canva’s new finance chief Kelly Steckelberg helped take Zoom public five years ago.

Posted in Tech | Tagged | Comments Off on Canva hires former Zoom CFO Kelly Steckelberg to run finance ahead of expected IPO

Cloud software company ServiceTitan files to go public on Nasdaq

ServiceTitan focuses on selling a variety of software to small companies, rather than enterprises.

Posted in Tech | Tagged | Comments Off on Cloud software company ServiceTitan files to go public on Nasdaq

Tesla stock pops 8% in premarket after report Trump wants to relax U.S. self-driving rules

Elon Musk was a central figure in the business world pushing for Trump’s return to the White House in the lead-up to this month’s elections.

Posted in Tech | Tagged | Comments Off on Tesla stock pops 8% in premarket after report Trump wants to relax U.S. self-driving rules

European tech CEOs urge ‘Europe-first’ mentality to counter U.S. dominance after Trump victory

Tech CEOs in Europe are urging the region to take bolder actions to tackle Big Tech’s dominance and counter reliance on the U.S. after Donald Trump’s presidential election win.

Posted in Tech | Tagged | Comments Off on European tech CEOs urge ‘Europe-first’ mentality to counter U.S. dominance after Trump victory

European SpaceX rival raises $160 million for reusable capsule to carry astronauts, cargo to space

The Exploration Company announced Monday it has raised $160 million to fuel development of its capsule that is designed to take astronauts and cargo to space stations.

Posted in Tech | Tagged | Comments Off on European SpaceX rival raises $160 million for reusable capsule to carry astronauts, cargo to space

Palantir jumps 9% to a record after announcing move to Nasdaq

Palantir’s stock has been on a tear since the company’s better-than-expected earnings report last week, which was a day before the election.

Posted in Tech | Tagged | Comments Off on Palantir jumps 9% to a record after announcing move to Nasdaq

Super Micro faces deadline to keep Nasdaq listing after 85% plunge in stock

Super Micro could also get a reprieve and an extension from the Nasdaq, giving it months to come into compliance.

Posted in Tech | Tagged | Comments Off on Super Micro faces deadline to keep Nasdaq listing after 85% plunge in stock

Elon Musk’s xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center

Elon Musk’s artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC’s David Faber.

Posted in Tech | Tagged | Comments Off on Elon Musk’s xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center