Articles from www.cnbc.com

Articles from www.cnbc.com

Generative AI enterprise search startup Glean raised a $150M Series F led by Wellington, taking its valuation to $7.2B, up from $4.6B in September 2024 (www.cnbc.com)
19 days ago Startup AI

US prosecutors charge Iurii Gugnin, founder of US-based crypto payments service Evita Pay, with laundering $500M+, including to sanctioned Russian entities (www.cnbc.com)
19 days ago Russia

OpenAI says it hit $10B in annual recurring revenue; for all of last year, OpenAI was around $5.5B in ARR (www.cnbc.com)
19 days ago

Virtual chronic care company Omada Health closed up 21% in its Nasdaq debut after raising about $150M in its IPO, valuing the company at just over $1B (www.cnbc.com)
22 days ago IPO

Winklevoss twins' crypto exchange Gemini says it has confidentially filed for an IPO in the US, after SEC dropped its probe and Gemini settled with CFTC for $5M (www.cnbc.com)
22 days ago IPO CFTC

DocuSign reports Q1 revenue up 8% YoY to $764M, subscription revenue up 8% to $746.2M, net income up 113% to $72.1M, and cuts FY 2026 forecast; DOCU falls 18%+ (www.cnbc.com)
23 days ago

Trump says Elon Musk “went CRAZY” and that canceling his government contracts is “the easiest way to save money”, as their One Big Beautiful bill feud escalates (www.cnbc.com)
23 days ago Trump Elon Musk

Shares of Circle jumped 124%, opening at $69.50 on the NYSE, after the stablecoin company raised almost $1.1B in an IPO (www.cnbc.com)
24 days ago IPO

Sensor Tower: Temu's US DAUs fell 52% in May compared to March, while Shein's dropped 25%, amid the US' China tariffs and the closure of “de minimis” loophole (www.cnbc.com)
24 days ago China Sensor

Counterpoint has revised its 2025 global smartphone shipment growth forecast to 1.9% YoY, down from 4.2%, citing “renewed uncertainties surrounding US tariffs” (www.cnbc.com)
24 days ago

Amazon is creating an AI team within its Lab126 hardware R&D unit that will help develop an agentic AI framework for use in its robotics operations (www.cnbc.com)
24 days ago Amazon AI Robot

SEC filing: Uber appoints Palo Alto CEO Nikesh Arora to its board of directors following a broader executive shakeup this week (www.cnbc.com)
24 days ago Uber

Kaiko: the USD1 stablecoin launched by Trump's World Liberty Financial is off to a sluggish start, with muted inflows and little organic demand (www.cnbc.com)
25 days ago Trump

How the delivery app Fantuan grew its US presence to 50+ cities since 2019 by focusing on Asian cuisines, with an app design reminiscent of Chinese platforms (www.cnbc.com)
28 days ago China

A profile of DoorDash CEO Tony Xu, who has transformed the once-scrappy delivery startup into a ~$90B industry consolidator through an acquisition spree (www.cnbc.com)
28 days ago Startup

Dell reports Q1 revenue up 5% YoY to $23.4B vs. $23.1B est., Infrastructure revenue up 12% to $10.3B, Q2 revenue forecast above est.; DELL jumps 5%+ after hours (www.cnbc.com)
30 days ago

A federal appeals court grants the Trump administration's request to temporarily pause a lower court ruling that struck down most of President Trump's tariffs (www.cnbc.com)
30 days ago Trump

Job postings: Amazon has a new ZeroOne team focused on inventing “breakthrough” consumer products, and led by former Microsoft executive J Allard (www.cnbc.com)
30 days ago Amazon Microsoft

Filing: virtual chronic care company Omada Health plans to raise up to $158M in its IPO, selling shares for $18 to $20 and aiming for an up to ~$1.1B market cap (www.cnbc.com)
2025-5-30 IPO

HP reports Q2 revenue up 3.3% YoY to $13.22B, vs. $13.14B est., Personal Systems revenue up 7% to $9B, and Q3 forecast below est.; HPQ drops 15%+ after hours (www.cnbc.com)
2025-5-29

Nvidia reports Q1 revenue up 69% YoY to $44.06B, vs. $43.31B est., Data Center revenue up 73% to $39.1B, and net income up 26% to $18.78B (www.cnbc.com)
2025-5-29 Nvidia

ASML's stock is down ~25% in the past year from a record ~€1,000 in July 2024, cutting $130B+ from its market cap, amid China export rules and US tariffs (www.cnbc.com)
2025-5-28 China

Getty Images CEO Craig Peters says Getty is spending “millions and millions” on its Stability AI lawsuit in the UK and the US, accusing it of copying 12M images (www.cnbc.com)
2025-5-28 AI

Circle's S-1 shows that 60% of the 24M shares being sold in its IPO come from existing stakeholders rather than the company, a highly unusual move in a tech IPO (www.cnbc.com)
2025-5-28 IPO

Okta reports Q1 revenue up 12% YoY to $688M, vs. $680M est., and maintains its FY 2026 guidance due to macroeconomic uncertainties; OKTA drops 12%+ after hours (www.cnbc.com)
2025-5-28

Block plans to roll out bitcoin payments on Square in H2 2025; the system runs on the Lightning Network and lets merchants accept bitcoin via Square's hardware (www.cnbc.com)
2025-5-28 Bitcoin

Monarch, which makes a personal finance app, raised a $75M Series B at a $850M valuation, says its subscribers grew by 20x since Intuit closed Mint in 2023 (www.cnbc.com)
2025-5-24

Intuit stock jumps 9%+ after reporting Q3 revenue up 15% YoY to $7.8B with FY 2025 guidance of $18.72B to $18.76B, up from $18.16B to $18.35B (www.cnbc.com)
2025-5-24

Trump says a 25% tariff “must be paid by Apple” on iPhones not made in the US, and he told Tim Cook long ago that iPhones sold in the US must be made in the US (www.cnbc.com)
2025-5-24 Trump Apple Tim Cook

Trump says a 25% tariff “must be paid by Apple” on iPhones not made in the US, says he told Tim Cook long ago that iPhones sold in the US must be made in the US (www.cnbc.com)
2025-5-23 Trump Apple Tim Cook

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