Japanese startups, IPOs set for boost with platform to trade unlisted companies
The Japanese regulator's registration of a new trading platform for unlisted shares could help create a more favorable capital-raising environment for the country's IPO ecosystem.
Z.ai shares surge 8% after releasing new AI model running only on Chinese chips
The Chinese AI company said it had already launched the model globally in stealth mode for a week.
China industrial profit growth in July slumps to 7-month low of 11.2%
Industrial corporate profitability has seen a notable turnaround, swinging from years of declines since 2021 and barely positive growth last year, to double-digit gains this year.
CNBC Daily Open: Nvidia is selling more shovels than ever in the AI gold rush
Nvidia reported results that beat expectations, but it also expects revenue to grow another 70% in fiscal 2028.
Bank of Korea hikes rates again as core inflation stays elevated
The Bank of Korea hiked rates by 25 basis points to 3%, its highest since January 2025 and in line with expectations.
Jensen Huang defends Nvidia's growing financial support for AI ecosystem, says 'the risk is low'
Nvidia CEO Jensen Huang defended the chipmaker’s growing role in financing AI companies, calling its investments a “once in a generation” opportunity.
We're raising our price target on Salesforce after results defy 'SaaSpocalypse'
Salesforce's numbers and guidance were strong. Plus, a new partnership with Anthropic offers another reason for optimism.
Nvidia’s 70% growth forecast puts it on track to become tech’s No. 2 company by revenue
"Our demand is much greater than 70%," CEO Jensen Huang said on the earnings call.
CrowdStrike's quarter shows AI is a cybersecurity tailwind, not a threat
Earlier this year, the bears thought advances in AI models could disintermediate the cybersecurity sector. So far, they've been proven wrong.