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    What Rubrik’s IPO Signals, Plus Where Big Tech is Finding AI Cash 4/26/24

    What Rubrik’s IPO Signals, Plus Where Big Tech is Finding AI Cash 4/26/24

    FromTechCheck

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    What Rubrik’s IPO Signals, Plus Where Big Tech is Finding AI Cash 4/26/24

    FromTechCheck

    ratings:
    Length:
    6 minutes
    Released:
    Apr 26, 2024
    Format:
    Podcast episode

    Description

    Shares of the software maker Rubrik are up about 20% since its debut on the NYSE yesterday. That success is being cheered in Silicon Valley as the latest sign the public market waters are safe to wade into. Plus, Alphabet and Microsoft shares are both popping after the companies beat on the top and bottom lines. The tech giants emphasized the growth of their respective AI businesses, but that also comes at a big cost. 
    Released:
    Apr 26, 2024
    Format:
    Podcast episode

    Titles in the series (100)

    TechCheck is home to the boldest ideas and most influential names in the tech industry. The bi-coastal program dives deep into stocks focused on new technologies and trends while highlighting the latest news out of iconic companies, FAANG heavyweights, social media darlings, streaming giants, red-hot disruptors and more. Every weekday, TechCheck offers investors compelling, in-depth reporting, analysis and news-making interviews from the most notable and disruptive founders and CEOs in the tech industry that will chart the future of the global economy. The daily podcast is hosted by CNBC’s Jon Fortt and Carl Quintanilla on the East Coast and Deirdre Bosa on the West Coast and features CNBC’s Senior Media & Entertainment Reporter Julia Boorstin from Los Angeles.