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Wall Street may be past the worst of the tariff sell-off. Market volatility is likely to remain

David Bale3 months ago011 mins

Wall Street may be past the worst of the tariff headlines two weeks after the initial April 2 announcement — as President Donald Trump endeavors to accomplish enormous trade deals during his 90-day pause — but volatility will continue to be a mainstay of the stock market for the foreseeable future. Investors wrapped up yet…

French fintech Pennylane doubles valuation to $2.2 billion as Alphabet’s venture capital arm takes stake

David Bale3 months ago05 mins

Seksan Mongkhonkhamsao | Moment | Getty Images French accounting software firm Pennylane has doubled its valuation to 2 billion euros ($2.16 billion) in a new 75 million euro funding round. Pennylane told CNBC that it raised the fresh funds from a host of venture funds, with Sequoia Capital leading the round and Alphabet’s CapitalG, Meritech…

As Microsoft turns 50, Nadella sees future success built on ability to ‘win the new’

David Bale3 months ago016 mins

Microsoft CEO Satya Nadella speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. Jason Redmond | AFP | Getty Images A half-century ago, childhood friends Bill Gates and Paul Allen started Microsoft from a strip mall in Albuquerque, New Mexico. Five decades and almost $3 trillion later, the…