Apollo’s Sambur says software’s AI troubles will persist, noting the ‘very large unknowns’
Apollo Global Management's David Sambur told CNBC on Thursday that the selloff in software stocks from fears of artificial intelligence ...
Tag: Autodesk Inc
Figma’s stock drops 12% in two days after Google releases ‘vibe design’ product
Dylan Field, co-founder and CEO of Figma, appears on the floor of the New York Stock Exchange on July 31, ...
Adobe CEO Shantanu Narayen says he will step down after company installs successor
Adobe said CEO Shantanu Narayen will step down after a successor has been appointed, and he will remain as the ...
Jack Dorsey made the loudest case yet that AI is already replacing jobs
Jack Dorsey, co-founder and CEO of Block, listens during the Bitcoin 2021 conference in Miami, June 4, 2021.Eva Marie Uzcategui ...
As Wall Street punishes software stocks over AI concerns, Canva gets more acquisitive
From left, MangoAI's Nirmal Govind, Canva Co-Founder and Chief Operating Officer Cliff Obrecht and MangoAI's Vinith Misra.CanvaSoftware stocks have been ...
Tripadvisor stock surges 17% as Starboard Value builds sizable stake in online travel company
The Tripadvisor logo is displayed on a tablet.Mateusz Slodkowski | Sopa Images | Lightrocket | Getty ImagesTripadvisor stock jumped 17% ...
Activist Starboard sues Autodesk in bid to mount proxy fight
Autodesk president and CEO Andrew Anagnost.AutodeskStarboard Value sued software maker Autodesk on Monday to delay the company's annual meeting and reopen ...
Activist Starboard amasses Autodesk stake, weighs suit over delayed probe disclosure
Jeffrey Smith, CEO and chief investment officer at Starboard Value LP.David Paul Morris | Bloomberg | Getty ImagesStarboard Value, the activist fund ...
Stocks making the biggest moves midday: Beyond Meat, Live Nation, Yeti, Boeing and more
Beyond meat rallied on a smaller-than-expected loss for the previous quarter. Yeti fell on a Goldman Sachs downgrade.
