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Finance News — Page 99

Anthropic tells investors annualized revenue run rate climbed to $65 billion in July

Anthropic tells investors annualized revenue run rate climbed to $65 billion in July

Anthropic's annualized revenue run rate hit $65 billion at the end of July — a sevenfold year-over-year surge — as the AI lab prepares for an IPO while dealing with a Pentagon blacklisting and recent

CNBC · 1mo ago
L3Harris Ousts CEO Kubasik Over Conduct, Stock Falls 4%

L3Harris Ousts CEO Kubasik Over Conduct, Stock Falls 4%

Defense giant L3Harris ousted CEO Chris Kubasik on Sunday over unspecified conduct, sending shares down 4% even though the company insists his exit was unrelated to operations, finances, or customer r

CNBC · 1mo ago
Negative-Beta S&P 500 Stocks Hit Record High

Negative-Beta S&P 500 Stocks Hit Record High

A record-high number of negative-beta stocks in the S&P 500 signals that individual components are increasingly moving against the broader index, amplifying hidden volatility.

MarketWatch · 1mo ago
Anthropic Revenue Run Rate Surpasses $65 Billion Ahead of IPO - Bloomberg.com

Anthropic Revenue Run Rate Surpasses $65 Billion Ahead of IPO - Bloomberg.com

Anthropic's annualized revenue run rate climbed to $65 billion in July, with its potential IPO valuation reportedly tied to a $190–200 billion 2028 revenue forecast from sources.

Google News Business · 1mo ago
Sandisk's $94B Backlog Fuels Stock Rebound

Sandisk's $94B Backlog Fuels Stock Rebound

Sandisk (SNDK) stock is clawing back, with a Yahoo Finance headline citing a $94B backlog and an 80% margin target by 2030 as catalysts — while Seeking Alpha's headline dismisses the move as 'every bo

Google News Business · 1mo ago
Solana’s Pump Token Leads Crypto Market Gainers as Chart Paints Golden Cross

Solana’s Pump Token Leads Crypto Market Gainers as Chart Paints Golden Cross

Solana's Pump.fun token PUMP posted its first-ever golden cross and roughly 90% monthly gains after nearly doubling from its July low, backed by record protocol revenue and a growing derivatives marke

Decrypt · 1mo ago
Here’s how Amazon’s stock could nearly double by the end of next year, according to Morgan Stanley - MarketWatch

Here’s how Amazon’s stock could nearly double by the end of next year, according to Morgan Stanley - MarketWatch

Morgan Stanley's bull case for Amazon leans on AWS's path to $1 trillion in revenue, with the bank projecting a stock price of $500 by the end of 2027 — nearly double current levels.

Google News Business · 1mo ago
Paramount-WBD Deal Odds Fall to 74% on Prediction Markets

Paramount-WBD Deal Odds Fall to 74% on Prediction Markets

Prediction market traders have cut their odds on Paramount's bid to acquire Warner Bros. Discovery to roughly 74%, down from over 80% before a coalition of 12 state attorneys general sued to block the

CNBC · 1mo ago
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Dow Drops 200 Points; Bond Yields Climb

U.S. equities traded mixed with the Dow shedding 200 points and bond yields rising, while losses in Honeywell and Alphabet shares drove a 162-point decline in the blue-chip index and oil climbed to $8

Google News Business · 1mo ago
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L3Harris Ousts CEO Kubasik Over Conduct

L3Harris fired CEO Kubasik after an internal conduct investigation, naming insider Mehta as his replacement while the company's stock dropped on the news.

Google News Business · 1mo ago
The King Of The AI Bubble - Seeking Alpha

The King Of The AI Bubble - Seeking Alpha

Nvidia's upcoming earnings are expected to be another beat-and-raise, but CEO Jensen Huang's doubled sales forecast to $1 trillion through 2027 has the market questioning whether the AI-fueled valuati

Google News Business · 1mo ago
CFTC begins White House review of AI compute futures

CFTC begins White House review of AI compute futures

The CFTC sent a request for comment on AI compute futures contracts to the White House Office of Management and Budget, a regulatory step that could delay CME Group's planned Oct. 5 launch of the new

Cointelegraph · 1mo ago
SEC Cancels Crypto Rulemaking After Wall Street Pushback

SEC Cancels Crypto Rulemaking After Wall Street Pushback

The SEC abruptly canceled a Friday meeting to launch formal rulemaking on Regulation Crypto Assets, just three days after announcing it, after Wall Street trade group SIFMA raised the prospect of lega

Decrypt · 1mo ago
Bitcoin Rebounds to $64K as Gold Jumps, Oil Flat on Trump Oman Threat

Bitcoin Rebounds to $64K as Gold Jumps, Oil Flat on Trump Oman Threat

Bitcoin climbed back to $64,000 with 2% daily gains as Trump's threat to bomb Oman over the Strait of Hormuz left oil flat but pushed gold to $4,427, while a 60-day US-Iran ceasefire set to expire spo

Cointelegraph · 1mo ago
BitMine nears 5% of Ethereum supply despite $8.4B losses

BitMine nears 5% of Ethereum supply despite $8.4B losses

BitMine, chaired by Tom Lee, has accumulated enough Ether to approach 5% of total ETH supply while sitting on roughly $8.4 billion in unrealized losses, but its staking operations are generating an es

Cointelegraph · 1mo ago
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SpaceX's Top Holders Surface as Share Lockups Expire

SpaceX's largest shareholders are becoming publicly visible just as additional shares unlock from post-IPO lockup expirations, with family offices and Harvard surfacing as major holders.

Google News Business · 1mo ago
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AI infrastructure stocks edge higher after Anthropic's Q2 revenue surge - Seeking Alpha

Anthropic's revenue run rate has surpassed $65 billion as the AI startup moves toward an IPO, with Reuters reporting the offering's valuation hinges on a $190-200 billion 2028 revenue forecast from un

Google News Business · 1mo ago
BTC price loses 200-week trend line as 2022 repeats: Five things to know in Bitcoin this week

BTC price loses 200-week trend line as 2022 repeats: Five things to know in Bitcoin this week

Bitcoin's price slipped below its 200-week simple moving average for the first time since 2022's bear market, with mounting ETF outflows, surging whale deposits on Binance, and record-low consumer sen

Cointelegraph · 1mo ago
China's Recovery Stalls as Consumption, Output Slide

China's Recovery Stalls as Consumption, Output Slide

China's post-pandemic economic rebound is losing momentum as consumption, industrial output, and investment all weaken, with the property sector deepening its downturn across multiple indicators.

Google News Business · 1mo ago
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Reddit just landed in the big leagues - thestreet.com

Reddit will join the S&P 500 index next week, replacing AvalonBay Communities. Shares jumped 15% on the inclusion news, with WSJ's headline indicating the stock moved even before the formal announceme

Google News Business · 1mo ago

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