Arm China ‘doing well,’ CEO says, as Son reduces China exposure
You can watch David Faber’s interview with Arm CEO Rene Haas and SoftBank CEO Masayoshi Son on CNBC Pro. Arm’s China subsidiary is “doing well” with strong potential in data…
‘I’ll say what I want’
Elon Musk told CNBC’s David Faber on Tuesday that he doesn’t care if his inflammatory tweets scare away potential Tesla buyers or Twitter advertisers. “I’ll say what I want, and…
Work from home ‘morally wrong’ when some have to show up
Silicon Valley “laptop classes” need to get off their “moral high horse” with their “work-from-home bulls***,” Tesla CEO Elon Musk told CNBC’s David Faber in a Tuesday interview. Musk was…
UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system
UBS agreed to buy its embattled rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) Sunday, with Swiss regulators playing a key part in the deal as governments looked…
Asia markets, banks, Europe, U.S., rescue plans
Tech stocks lead Hong Kong index climb; Baidu surges over 10% The Hang Seng index led gains in the Asia-Pacific region on Friday, driven in part by the surge in…
Silicon Valley Bank Financial in talks to sell itself after attempts to raise capital have failed, sources say
The Silicon Valley Bank mobile app logo on a smartphone arranged in Riga, Latvia, March 10, 2023. Andrey Rudakov | Bloomberg | Getty Images SVB Financial, parent of Silicon Valley…
Lululemon, Duck Creek and more
A Lululemon store in New York Scott Mlyn | CNBC Check out the companies making the biggest moves premarket: Lululemon — Shares of the Canadian apparel company fell more than…
Salesforce stock down 10% after co-CEO Bret Taylor announces departure
Bret Taylor, co-chief executive officer of Salesforce.com Inc., right, and Marc Benioff, co-chief executive officer of Salesforce.com Inc., wear rabbit ears during a keynote at the 2022 Dreamforce conference in…
Activist investor Starboard reveals stake in Salesforce, sees significant opportunity
Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Starboard Value has taken a stake in Salesforce, with founder Jeff Smith…