George Kurtz, CEO of CrowdStrike Inc., speaks during the Montgomery Summit in Santa Monica, California, on March 4, 2020. Patrick T. Fallon | Bloomberg | Getty Images CrowdStrike shares fell about 5% in extended trading on Tuesday after the security software maker issued a weaker-than-expected revenue forecast. Here’s how the company did against LSEG consensus: … Read more
Sridhar Ramaswamy, CEO of Snowflake, speaks at the Semafor World Economy Summit in Washington on April 25, 2025. Tasos Katopodis | Semafor | Getty Images Data analytics software maker Snowflake said Monday it has agreed to buy Crunchy Data, a startup that offers cloud-based database software. Snowflake will pay about $250 million, according to a … Read more
Sassine Ghazi, CEO of semiconductor design software firm Synopsys, explains the company’s plans to have artificial intelligence take over parts of designing computer chips at the company’s annual user conference in Santa Clara, California, on March 19, 2025. Stephen Nellis | Reuters Synopsys pulled its guidance for the full fiscal year on Thursday, citing a … Read more
Jeremy Allaire, co-founder and CEO of Circle, speaks at the 2025 TIME100 Summit in New York on April 23, 2025. Jemal Countess | TIME | Getty Images Stablecoin issuer Circle stands to be one of the first significant cryptocurrency companies to go public in the U.S. That’s not the only unusual aspect of its IPO. … Read more
National Economic Council Director Kevin Hassett said Tuesday that the Trump administration does not want to “harm Apple” with tariffs. “Everybody is trying to make it seem like it’s a catastrophe if there’s a tiny little tariff on them right now, to try to negotiate down the tariffs,” Hassett told CNBC’s “Squawk Box” on Tuesday. “In the end, … Read more
CoreWeave CEO Mike Intrator testifies before the Senate Committee on Commerce, Science and Transportation in Washington on May 8, 2025. Chip Somodevilla | Getty Images CoreWeave investors are having a big week. Shares of the artificial intelligence infrastructure provider rose 56% over the past five trading days, lifting the company’s market cap to over $37 … Read more
CoreWeave founders Brian Venturo, at left in sweatshirt, and Mike Intrator slap five after ringing the opening bell at Nasdaq headquarters in New York on March 28, 2025. Michael M. Santiago | Getty Images News | Getty Images After popping this week, CoreWeave shares are up about 65% since the company’s IPO earlier this year. … Read more
Cisco reported earnings and revenue that topped analysts’ estimates on Wednesday and issued guidance that also exceeded Wall Street’s predictions. Here’s how the company did in comparison with LSEG consensus: Earnings per share: 96 cents adjusted vs. 92 cents expected Revenue: $14.15 billion vs. $14.08 billion expected Revenue increased 11% during the quarter, which ended on April … Read more
Shares of artificial intelligence infrastructure provider CoreWeave reported better-than-expected revenue on Wednesday in the company’s first earnings release since going public. The company also called for faster growth than expected for all of 2025. Here’s how CoreWeave did in comparison to LSEG consensus: Earnings per share: Loss of $1.49 Revenue: $981.6 million vs. $853 million … Read more
Databricks co-founder and CEO Ali Ghodsi. Databricks Data analytics startup Databricks said Wednesday that it’s buying Neon, a cloud-based database software vendor, for about $1 billion. It’s the latest big deal for Databricks, which bought artificial intelligence model training startup MosaicML for $1.3 billion in 2023 and paid over $1 billion last year for data … Read more