Tiger Global Management announced Monday the launch of its latest venture capital fund, Private Investment Partners 17, targeting a raise between about $2 billion and $3 billion, according to a letter to investors viewed by CNBC. The hedge fund wrote that it’s expecting PIP 17 to be similar in “strategy, size and construction” to its…
A Wall Street sign is viewed in front of the New York Stock Exchange. Eduardo Munoz | AFP | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Secret Santa The three major indexes…
Netflix’s headquarters are pictured in Hollywood, California on December 5, 2025. Patrick T. Fallon | Afp | Getty Images “Who’s watching?” Netflix asks whenever someone accesses its site. On Friday, it was probably everyone with an interest in business, markets and television. The key characters that had people hooked were Netflix and Warner Bros. Discovery,…
The Netflix logo is pictured at the company’s offices on Vine in Los Angeles, California on Dec. 5, 2025. Patrick T. Fallon | AFP | Getty Images “Who’s watching?” Netflix asks whenever someone accesses its site. On Friday, it was probably everyone with an interest in business, markets and television. The key characters that had…
Go back a decade and most Americans had never heard of Huawei. Today, the Chinese telecom giant is a symbol of how quickly China can dominate a strategic technology sector and in the process create new national security and market threats for U.S. government and industry. Democratic Senator Mark Warner of Virginia, the top Democrat…
Roughly 1 in 7 people are leaving unclaimed property on the table, according to the National Association of Unclaimed Property Administrators. While the recent heavy selling in bitcoin and ether is rightly getting all the short-term attention, this estate planning issue is a longer-term one that’s likely to be exacerbated as crypto adoption and ownership…
Sheldon Cooper | Lightrocket | Getty Images Salesforce shares popped 5% on Friday after the company posted better-than-expected third-quarter earnings on Wednesday despite falling short of Wall Street’s revenue estimates. The stock, which is up 13% over the past five days, is aiming for its best week since 2023. The company reported adjusted earnings per…
Rubrik shares soared 25% on Friday after the data management company posted blowout third-quarter numbers and boosted guidance. The stock, which debuted on the market in April 2024, headed for its second-best day on record. Revenue jumped 48% from a year earlier to $350 million, topping the $320 million average analyst estimate, according to LSEG….
Antonio Neri, President and CEO of Hewlett Packard Enterprise. Anjali Sundaram | CNBC Hewlett Packard Enterprise reported fourth-quarter revenue that missed analyst expectations, initially sending shares down as much as 9%. The stock rebounded Friday and were largely flat. The company reported earnings after the bell on Thursday, posting revenue of $9.68 billion, which was…
Davide Bonaldo | Lightrocket | Getty Images The New York Times on Friday filed a lawsuit against Perplexity, alleging the artificial intelligence startup has illegally copied and distributed its copyrighted content. The suit, filed in the Southern District of New York, accuses Perplexity of unlawfully scraping The Times’ stories, videos, podcasts and other content to…
