AI startups go global from day one

AI startups go global from day one

This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Nvidia’s latest warning is that Chinese rivals are going to disrupt the world. It’s not just in chips. More often than not, the chatter among…

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Ares CEO Michael Arougheti on ‘retail revolution’ in alternative assets

Ares CEO Michael Arougheti on ‘retail revolution’ in alternative assets

A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox. At Ares Management’s analyst day last month, the alternative asset manager quietly bumped up its…

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Palantir drops on valuation concerns as Karp rips short-sellers

Palantir drops on valuation concerns as Karp rips short-sellers

Palantir‘s stock fell 6% on Tuesday as Wall Street analysts raised concerns about the company’s elevated valuation and “Big Short” investor Michael Burry revealed a short position in the software company. During an interview with CNBC’s “Squawk Box” on Tuesday, CEO Alex Karp ripped into short sellers, calling their moves “market manipulation.” Karp called the…

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