Light uses artificial intelligence to automate companies’ finance and accounting functions. Light Danish startup Light is the latest in a series of European tech firms raising cash as venture capitalists search for the next big thing in artificial intelligence. Founded in 2022, Light develops software that uses AI to automate various functions that exist within…
The Roche Holding AG headquarters on April 11, 2025, in Basel, Switzerland. Sedat Suna | Getty Images News | Getty Images Swiss pharmaceutical firm Roche is targeting becoming a top three obesity player globally, posing a potential rival to heavyweights Novo Nordisk and Eli Lilly as it advances one of its experimental weight-loss drugs to…
Shares of H&M jumped on Thursday after the high street retailer posted better-than-expected results in the fiscal third quarter, and its turnaround strategy showed signs of gaining pace. Shares were up 10% by 8:48 a.m. London time (3:20 a.m. ET). Operating profit at the fashion retailer rose 40% year-on-year to 4.9 billion Swedish krona ($522 million),…
Europe-listed stocks listed are expected to open in mixed territory on Thursday, as investors await the latest U.S. jobs data. Futures tied to the FTSE 100 were last seen trading 0.2% lower, while those linked to the German DAX index and France’s CAC 40 were flat. On Thursday, the U.S. Labor Department will release its…
The City of London financial district at sunrise. Alexander Spatari | Moment | Getty Images Bank chiefs in London are calling for greater policy clarity and stability amid fears that looming tax hikes in the forthcoming U.K. budget could hit the financial services sector. Speaking with CNBC’s Steve Sedgwick and Ritika Gupta in London’s Canary…
OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters Nvidia’s massive investment in OpenAI, announced earlier this week, will put billions of dollars into the coffers of the artificial intelligence startup to use as it sees fit. But…
A car produced by Chinese automobile manufacturer Chery is on display for sale at a dealership in Vladivostok, Russia, March 22, 2023. Tatiana Meel | Reuters China’s largest vehicle exporter, Chery Automobile, saw its shares jump in its Hong Kong debut after raising 9.1 billion Hong Kong dollars (US$1.2 billion) through an initial public offering….
A Fanuc robotic arm moves bins of products during a media tour of the Amazon.com Inc. DAB2 fulfillment center in Daytona Beach, Florida, US, on Tuesday, Sept. 23, 2025. The DAB2 fulfillment center is Amazon’s seventh robotics fulfillment center in Florida. Photographer: Miguel J. Rodriguez Carrillo/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images…
CNBC’s Jim Cramer on Wednesday said he’s becoming more careful when it comes to highly-speculative stocks, saying it’s time for investors to worry about market froth. “I can no longer be so sanguine about these super speculative stocks that keep roaring around here. I can no longer just say it’s going higher,” he said. “I…
People watch the first sunrise of the new year from a footbridge overlooking the city skyline in Seoul on January 1, 2024. Jung Yeon-je | Afp | Getty Images Asia-Pacific markets traded mixed Thursday, after investors continued selling tech names on Wall Street like Nvidia and Oracle for a second straight day. Nvidia slid almost…
