Wall Street’s ‘meh’ response to tech IPOs shows Silicon Valley’s valuation problem
Investors are unenthusiastic about the IPOs from Arm, Instacart and Klaviyo, even after a 21-month drought in tech offerings Source
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Technology
Here’s everything Microsoft announced at its Surface and Copilot event in New York
Microsoft announced fresh AI capabilities for advertisers, along with new Surface PCs and a Windows update. Source link
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Cisco acquiring cybersecurity company Splunk in cash deal worth $28 billion
Cisco said it was acquiring cybersecurity software company Splunk for $157 a share in a cash deal worth about $28
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AI is all the rage now, but the gaming industry may not be ready to adopt it just yet
Some of the biggest game developers in Japan say trends like generative AI and virtual reality/augmented reality headsets for game development
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Chinese EV maker Nio releases a smartphone it expects at least half of its users to buy
Chinese electric car brand Nio released an Android smartphone on Thursday. CEO William Li spoke with CNBC in an exclusive
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‘Relentless pursuit of eyeballs’: Analysts name China internet stocks to buy, give 2 over 50% upside
"We're now seeing e-commerce related activity pick up on media platforms hitherto less associated with online retail," say analysts at
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Cathie Wood is a fan of this AI company, and says the ‘AI revolution’ will ‘change everything’
The founder and CEO of Ark Invest says it's "one of the best AI companies in the world." Source link
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Instacart’s 11% plunge on second day of trading wipes out almost all of its IPO gains
Instacart shares dropped Wednesday, leaving them narrowly above their debut price. Source link
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Klaviyo jumps 23% in NYSE debut after software vendor priced IPO at $30
Software developer Klaviyo debuted on the New York Stock Exchange on Wednesday, a day after Instacart started trading on the
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