Cash-strapped unicorns have three choices: raise additional capital in the private markets, merge or be bought out; move into the public markets.
Stocks making the biggest moves premarket: AstraZeneca, Wayfair, Alibaba and more
These are the stocks posting the largest moves before the bell.
Apple’s iPhone 15 launches in China with people flocking to stores — even as Huawei revival emerges
People flocked to an Apple store on Friday to pick up the latest iPhone, despite market worries that nationalistic fervor would dampen the U.S. company’s sales in China.
An HSBC-backed startup is using AI to help banks fight financial crime — and eyeing a Nasdaq IPO
Silent Eight’s AI models were actually trained on the processes that human investigators were carrying out within financial institutions, its CEO told CNBC.
Cisco acquires Splunk for $28 billion. Here’s what the pros say to do next
Pros on CNBC discussed Cisco after the company announced its largest acquisition ever by acquiring cybersecurity company Splunk for $28 billion.
Stocks making the biggest moves midday: Splunk, Cisco, Broadcom, Fox and more
These are the stocks posting the largest moves in midday trading.
Bank of England ends run of 14 straight interest rate hikes after cooler-than-expected inflation
The Bank of England on Thursday ended a run of 14 straight interest rate hikes after new data showed inflation is now running below expectations.
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 interview ahead of the launch.
These are the 50 best hotels in the world
The best hotel in the world is Passlacqua, an 18th century villa on the edge of Italy’s Lake Como, according to the 50 Best organization’s inaugural ranking.
Fed signals it will raise rates one more time this year before it ends hiking campaign
The Federal Reserve stayed put on Wednesday but forecast it will raise interest rates one more time this year.