Tesla vehicles sit on the lot at a Tesla dealership in Austin, Texas, on April 15, 2024. Brandon Bell | Getty Images Tesla is set to report first-quarter earnings after the bell on Tuesday. Here is what analysts are expecting, according to LSEG: Earnings per share: 51 cents Revenue: $22.15 billion Wall Street is projecting revenue will...
Tag: Venture capital
Tech IPOs get ‘meh’ response from Wall Street: Arm, Instacart, Klaviyo
Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023. Courtesy: Nasdaq After a 21-month tech IPO freeze, the market has cracked opened in the past week. But the early results can’t be encouraging to any late-stage startups lingering on the sidelines. Chip designer Arm debuted last Thursday, followed by grocery delivery company Instacart...
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 center and automotive applications, despite the geopolitical tumult of the past few years, Arm Holdings CEO Rene Haas said in an interview with CNBC ahead...
Vietnam’s digitalization efforts fuel startup scene
Vietnamese employees working inside the French IT company Linkbynet in Ho Chi Minh City. A decade ago app technology would likely have been developed in California’s Silicon Valley, but today those apps are being churned out by Vietnam’s startup sector, an industry driven by local techies trained overseas but returning home to prowl for opportunities....