Rubrik's shares appeared to be attractive to investors that have been starved for new business software names for years.
https://www.cnbc.com/2024/04/25/rubrik-ipo-rbrk-starts-trading-on-new-york-stock-exchange.html
Microsoft has more demand than supply for running artificial intelligence models in the cloud.
Drew Baglino, who announced he'd be leaving Tesla on April 15, is selling 1.14 million shares of the electric car company, according to a filing on April 25.
Alphabet reported better-than-expected earnings on Thursday and announced its first dividend.
https://www.cnbc.com/2024/04/25/alphabet-set-to-report-first-quarter-results-after-market-close.html
Alphabet's revenue jumped 15% in the first quarter and profit in the company's cloud business more than quadrupled.
Intel's report was the first since the company revealed that it had restructured its financial reports to make Intel Foundry a separate line item.
https://www.cnbc.com/2024/04/25/intel-intc-earnings-report-q1-2024.html
Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.
https://www.cnbc.com/2024/04/25/microsoft-msft-q3-earnings-2024.html
Snap reported first-quarter results that beat analysts' estimates
https://www.cnbc.com/2024/04/25/snap-snap-q1-2024-earnings-.html
Google issued its first-ever dividend of 20 cents and authorized a $70 billion share repurchase program alongside its first-quarter earnings.
https://www.cnbc.com/2024/04/25/alphabet-issues-first-ever-dividend-70-billion-buyback.html
Meta shares plunged on Thursday, bringing down Mark Zuckerberg's net worth, after the CEO told Wall Street about the many ways his company is losing money.
https://www.cnbc.com/2024/04/25/mark-zuckerberg-net-worth-falls-18-billion-over-meta-earnings.html
Rising interest rates in the past couple of years had a chilling effect on Silicon Valley, but Stripe co-founder John Collison said it was healthy.
Meta shares tumbled on Thursday after the company issued weak revenue guidance that overshadowed its first-quarter earnings beat.
https://www.cnbc.com/2024/04/25/meta-stock-down-15percent-on-weak-revenue-forecast.html
InnerPlant's technology uses fluorescents in the plants, so the leaves emit a signal when they are in distress.
Meta CEO Mark Zuckerberg spooked investors on the company's quarterly earnings call Wednesday.
AI startup Synthesia on Thursday announced the launch of its "Expressive Avatars," AI-generated digital avatars that can convey human emotions.
This comes after SK Hynix posted net losses for five consecutive quarters from a slump in the memory chip market.
Rubrik is hitting the market at a historically slow time for venture-backed tech IPOs.
https://www.cnbc.com/2024/04/24/rubrik-prices-ipo-at-32-per-share-above-expected-range.html
Thrasio, an early leader in the Amazon aggregator space, is undergoing an overhaul of its C-Suite two months after the company entered bankruptcy.
Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.
https://www.cnbc.com/2024/04/24/meta-meta-q1-2024-earnings-.html
Mark Zuckerberg's bet on the metaverse continues to be a money-bleeding endeavor, with the unit reporting billions of dollars in losses every quarter.
https://www.cnbc.com/2024/04/24/metas-reality-labs-posts-3point85-billion-loss-in-first-quarter.html
IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.
https://www.cnbc.com/2024/04/24/ibm-q1-earnings-report-2024-ibm-to-acquire-hashicorp.html
Tesla shares surged 12% on Wednesday after CEO Elon Musk said the company plans to produce new affordable EV models by early 2025.
A TikTok ban could take years due to potential legal challenges, but creators worry about how they'll make a living if it goes away.
The global deal will see Klarna added as a payment option on the Uber and Uber Eats apps in the U.S., Germany and Sweden.
https://www.cnbc.com/2024/04/24/klarna-scores-payment-deal-with-uber-ahead-of-anticipated-ipo-.html
U.S. prosecutors on Tuesday recommended an above-guidance, 36-month sentence for former Binance CEO Changpeng Zhao.
https://www.cnbc.com/2024/04/24/us-seeks-36-month-sentence-for-ex-binance-ceo-changpeng-zhao.html
British antitrust regulators are seeking views on partnerships between Microsoft and Amazon with smaller generative AI model makers.
Tesla CEO Elon Musk continues to promise investors that autonomy is in the company's future even as financials deteriorate.
https://www.cnbc.com/2024/04/24/elon-musk-is-keeping-investors-dreams-of-a-tesla-robotaxi-alive.html
From startups to government agencies, Amazon CTO Werner Vogels said customers "have been asking" for local data residency.
https://www.cnbc.com/2024/04/24/amazon-cto-on-opening-southeast-asia-cloud-regions.html
Oracle is moving its world headquarters to Nashville, according to Larry Ellison.
https://www.cnbc.com/2024/04/23/oracle-is-moving-its-world-hq-to-nashville.html
The company, formerly known as Square, now building a full bitcoin mining system.
https://www.cnbc.com/2024/04/23/block-formerly-square-building-its-own-bitcoin-mining-system.html