Sources: activist fund Starboard Value has taken a ~$500M stake in Autodesk and spoken to its board over concerns regarding a probe that led to its CFO's ouster — Starboard Value, the activist fund run by Jeff Smith, has taken a sizable…
UPDATE: Authorities captured a man who stabbed a woman in the parking lot of CNBC corporate headquarters in Englewood Cliffs, Bergen County Prosecutor Mark Musella announced.
Tempus AI's shares closed up 8.8% at $40.25 in the company's Nasdaq debut, giving it a market value of about $6.6B, after raising $410.7M in its IPO — WATCH NOW — Tempus AI, a health-care diagnostics company that uses AI to interpret…
Tesla shareholders voted to ratify CEO Elon Musk's 2018 pay plan at the annual meeting, despite a Delaware judge ordering its rescission five months earlier.
Adobe Q2: revenue up 10% YoY to $5.31B, vs. $5.29B est., Digital Media revenue up 11% to $3.91B, Digital Experience revenue up 9%; ADBE jumps 14%+ after hours — Adobe shares jumped 17% in extended trading on Thursday after the design…
Donald Trump met ~12 bitcoin mining executives, and posted that he wants “all the remaining Bitcoin to be made in the USA” to help the US be “energy dominant” — This past Tuesday night in Palm Beach, Florida, about a dozen bitcoin mining…
Joseph M. Terranova of Virtus Investment Partners picked Datadog, Inc. (NASDAQ:DDOG) as his final trade on the Thursday edition of CNBC's “Halftime Report Final Trades.”
The Fed expects to cut rates only once this year, down from the three quarter-point reductions projected after slow progress towards its inflation target.
Databricks tells investors its annualized revenue is expected to reach $2.4B through July 2024, or the first half of its FY 2025, up 60% from a year earlier — Databricks, the data analytics software vendor that's among the most richly…
Elon Musk withdraws his lawsuit against OpenAI, Sam Altman, and Greg Brockman, filed in California in February 2024 over breach of contract and fiduciary duty — Elon Musk on Tuesday withdrew his lawsuit against OpenAI and two of the…
Oracle reports Q4 revenue up 3% YoY to $14.29B, vs. $14.55B est., net income down 5% to $3.14B, announces deals with Google and OpenAI; ORCL jumps 7%+ — Oracle shares jumped as much as 9% in extended trading on Tuesday after the software…
Current and former OpenAI staff are increasingly worried about the company's power over their equity, with no IPO in sight, restrictive company policies, more — OpenAI plans to allow stakeholders to sell a portion of their shares every…