Anthropic files S-1 for potentially the biggest IPO ever, warning of AI existential risk
The Claude maker's filing discloses $16.3 billion in revenue, an $80.7 billion net loss, and up to $567 billion in planned compute spending, making it the large
Business Insider · +9 outlets
Microsoft offers voluntary buyouts to 60,000 employees, about 30% of its workforce
The buyouts come as the company weighs up to $175 billion in annual AI infrastructure spending against capital efficiency.
CNBC · +14 outlets
Meta plans $95 billion stock offering to fund AI expansion, with Nvidia, AMD and Broadcom as cornerstone investors
The chipmakers could buy up to $5 billion in Meta shares as the company raises capital for AI data centers and superintelligence work.
CNBC · +13 outlets
Federal Reserve expected to hold rates steady at October meeting, with December hike in play
Investors are focused on the Fed's guidance for December as inflation and Treasury yields above 5% complicate the policy path.
CNBC · +14 outlets
Bank of Japan expected to hold rates but set stage for a December or January hike
A CNBC survey found all respondents expect the BOJ to stay hawkish as inflation and wages keep rising.
CNBC · +14 outlets
DOJ charges ex-FBI Director James Comey for a third time, this time over national defense information
The latest case against Comey, whom Trump fired in 2017, adds to the administration's prosecutions of perceived critics.
Ft · +14 outlets
Judge rules Trump DOJ unlawfully fired Maurene Comey, orders her reinstated
The ruling rejects the government's claim of sweeping presidential power to dismiss officials, in the case of James Comey's daughter.
CNBC · +13 outlets
Brazil's real plunges most since 1999 after Lula's surprise runoff victory
Sao Paulo stocks also sold off after Lula defeated Flavio Bolsonaro, who reportedly refused to concede, raising fiscal concerns.
Ft · +8 outlets
DoorDash in advanced talks to buy Instacart in roughly $17 billion deal, analysts say
The reported deal is seen as a move to keep pace with Walmart and Amazon in grocery delivery.
MarketWatch · +14 outlets
Intel to acquire Israeli quantum computing startup Classiq for $2.3 billion
The deal marks a major bet on quantum software, with Intel CEO Lip-Bu Tan having backed Classiq years earlier.
Haaretz · +6 outlets
FTC and 20 states sue Dollar General, alleging it overcharged shoppers
The suit claims the retailer repeatedly charged customers more than advertised prices.
CNBC · +14 outlets
Skydance offers voluntary buyouts and mandates five-day office return ahead of layoffs
CEO David Ellison and co-CEO Ynon Kreiz are pushing in-person work as the company prepares for staff reductions.
Business Insider · +8 outlets
JetBlue posts bigger quarterly loss on fuel costs, but CEO says margins are improving
The airline is mid-way through a plan to cut costs and grow premium revenue.
CNBC · +11 outlets
Stocks rise as oil prices give back some gains ahead of Fed and Big Tech earnings
Wall Street is bracing for rate decisions and a heavy week of technology earnings reports.
KFOR.com · +13 outlets
Dividend stocks rally in October as the tech sector struggles
Dividend-focused ETFs are adding to large 2026 gains as an S&P 500 excluding AI names outperforms.
MarketWatch · +7 outlets
Elon Musk warns more than 200 neoclouds face 'guppy-level death'
Investors are questioning the debt-fueled AI infrastructure expansion of neoclouds such as CoreWeave and Nebius.
CNBC · +14 outlets
NBA enters prediction markets via Kalshi and Polymarket partnerships and CFTC memorandum
The league's move brings sports into regulated prediction markets ahead of the midterms.
CNBC · +1 outlets
Apple to replace broken screens on new foldable iPhone Duo under warranty
Apple said it is aware of user reports of cracked displays on the foldable device.
CNBC