Anthropic files for potentially largest IPO ever as CEO warns of AI risk to humanity
Anthropic's S-1 filing sets up a record-setting listing and intensifies scrutiny of whether rapid AI spending can justify its valuation.
AP News · +14 outlets
Anthropic S-1 draws split investor reactions, from 'generational moment' to 'speculative fiction'
Investors and analysts are parsing Anthropic's disclosed risks and finances, framing the IPO as a referendum on the AI trade.
CNBC · +5 outlets
Fed expected to hold rates steady as Warsh faces pressure over next move
The CNBC Fed Survey shows 93% of respondents expect a pause, with attention on Chair Kevin Warsh's guidance on future hikes.
CNBC · +14 outlets
Nvidia and AMD to invest $4 billion in Meta as AI partnership deepens
Meta separately plans to raise $95 billion for AI infrastructure, deepening ties with the two chipmakers.
CNBC · +14 outlets
Boeing says it won't significantly ramp 737 Max production until late 2027; shares slide
Boeing's weakened cash flow outlook and delivery shortfall cast doubt on its turnaround timeline.
CNBC · +13 outlets
SK Hynix third-quarter profit sharply beats estimates on AI memory demand
The South Korean chipmaker's results reinforce how AI servers are driving memory pricing.
CNBC · +14 outlets
Anthropic's multi-chip strategy in IPO filing seen as long-term threat to Nvidia pricing power
Analysts say Anthropic's willingness to mix AI accelerators could erode Nvidia's leverage, though switching between chip types remains difficult.
Business Insider · +14 outlets
Anthropic's $131.7 billion cash pile tops nearly every US non-bank company
The scale of Anthropic's balance sheet highlights how much capital the AI sector has absorbed ahead of its listing.
CNBC · +4 outlets
AI stocks lift Wall Street closer to record ahead of Fed decision and Big Tech earnings
Chip-linked names led gains as investors positioned for the Fed meeting and a heavy week of hyperscaler results.
Seeking Alpha · +14 outlets
Oracle integrates ChatGPT and Codex into apps, expands cloud chip lineup with Google TPUs
Oracle's move broadens its AI stack beyond Nvidia hardware and deepens its OpenAI partnership.
CNBC · +9 outlets
AI debt fears ease ahead of Oracle, Alphabet and Amazon earnings
Credit markets are watching hyperscaler updates for signs that AI-related borrowing remains sustainable.
CNBC · +10 outlets
UPS beats expectations, raises guidance again and expects fatter holiday profits on slimmer volume
UPS's outlook points to margin gains even as parcel volumes soften into the holiday season.
CNBC · +10 outlets
Apple faces 'Crackgate' outcry over iPhone Duo screen problems
Reports of T-shaped screen cracks on Apple's first foldable mark an early setback for new CEO John Ternus.
Ft · +3 outlets
Healey puts UK energy reform at centre of 'do no harm' Budget
The chancellor pledged extra support for businesses, entrepreneurs and households, and will reverse planned cuts to the cash Isa allowance.
Ft · +6 outlets
JetBlue stock surges nearly 20% as new profit target calms viability fears
The airline's cost-cutting and premium-revenue plan reassured investors after years of losses.
CNBC · +6 outlets
Amazon memo tells engineers to be pickier about AI use and prioritize results over token consumption
Amazon's guidance warns against chasing AI usage metrics as it reframes expectations for software engineers.
CNBC · +2 outlets
No clear winner in Israeli parliamentary election, exit polls suggest
Gadi Eisenkot's bloc holds a slight lead over Benjamin Netanyahu's coalition, but neither is forecast to win a majority.
Ft
Robinhood shares fall as crypto slump weighs on profits, offsetting new-business gains
Retail traders kept buying chip stocks, but crypto exposure dragged on Robinhood's quarterly results.
CNBC · +2 outlets