55 articles
Meta Platforms has shed nearly $400 billion in market value since late September. On Monday, the Facebook and Instagram owner launched a $35 billion stock sale to pay for its…
Alphabet (GOOGL) stock trades below its 200-day moving average by the widest margin in 17 months, Barchart data show. AI spending fears pushed shares near $317 ahead of Wednesday’s third-quarter…
Jim Cramer, host of CNBC’s Mad Money, called the $63 billion Broadcom Anthropic deal “excellent for all involved.” However, the stock picker said Nvidia would face endless “hectoring” in the…
OpenAI released GPT-6.1 Terra on October 26, charging developers half the per-token price of its predecessor. Independent tests from Artificial Analysis, however, still rank 2 Anthropic models ahead of it.…
Anthropic’s initial public offering (IPO) filing lifted Nvidia 2.4% on Monday. Investors are already split over the $2 trillion valuation reported for the listing. Anthropic plans to list on Nasdaq…
CNBC host Jim Cramer says he would buy Goldman Sachs shares after Anthropic filed its initial public offering (IPO) prospectus on Monday, a deal that earns the bank fees as…
Remember DOGE? Elon Musk’s Department of Government Efficiency, which was appointed by Trump to cut costs and streamline federal operations. Its former employees are now hacking AI giant Anthropic. Four…
Anthropic just officially filed for its IPO, which will make the Claude AI developer publicly traded on the stock market under the ANT ticker. But the filing reveals a massive…
Elon Musk says that lenders have almost entirely stopped funding companies that earn their money only from AI data centers. He predicted most of the 200-plus AI cloud firms will…
The companies racing to build artificial intelligence (AI) have found a blunt way to say “hurry up.” They now demand $5 million or more for every day a data center…
OpenAI has lowered the valuation target for its latest funding round to $1.25 trillion, the Financial Times reported. That sits below the $1.4 trillion price investors heard earlier this month.…
Anthropic has opened a research preview of Claude Duet, a new app in which its Claude AI acts as a proactive agent. The tool flags what needs attention, finishes tasks,…
Meta Platforms will give shareholders one non-voting Class C share for every share they own. The new class gives Meta stock it can sell to raise money without diluting voting…
Just 1% of firms drive 80% of AI spending on OpenAI and Anthropic, according to corporate card company Ramp. Growth in that spending has nearly stalled for two months, leaving…
Fidelity director of global macro Jurrien Timmer says any AI bubble may sit in debt markets, not stocks. Yields on AI cloud provider CoreWeave’s bonds topped 15% last week, even…
Citadel CEO Ken Griffin says a glut of artificial intelligence (AI) chips could send pricing into freefall, comparing graphics processing units (GPUs) to airline seats that earn money even when…
Elice Group raised 201 billion won ($151 million) in the KOSDAQ’s biggest initial public offering (IPO) this year. Its shares then sank over 30% below the IPO price on Tuesday,…
OpenAI is reportedly racing to raise about $30 billion before Anthropic’s expected mid-November listing. Two people familiar with the matter told Reuters the round could value the ChatGPT maker at…
The share of stocks above their 50-day average fell to 21%, matching the March low. Yet Fairlead Strategies’ Katie Stockton says three warning signs would make her more bearish. Stockton,…
Billionaire investor Mark Cuban says AI memory keeps consumers tied to one chatbot. Switching costs will stay high until a standard export format exists, he argued on X. Cuban framed…
Elon Musk plans to give some of his shares to American children and confirmed the Musk Trump Accounts route on X. His pledge came hours after Anthropic tied 5% of…
BTIG has told investors to use any rebound in semiconductor stocks to cut their exposure. The firm expects a drawn-out decline in the sector that could stretch into 2027. The…
Shareholders in Meta, Tesla, Netflix, and SpaceX get quarterly results Tuesday and Wednesday, after the US market closes. Nasdaq values the first three at about $3.6 trillion combined. Forecasts, not…
Anthropic has pledged 5% of its shares, a stake worth about $48 billion, to a new public benefit fund. That slice can grow as the company’s value rises. The plan…
