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US midterms may raise shutdown, debt risks; keep tariff uncertainty high: ICICI BankThe upcoming US midterm elections could increase the potential for a government shutdown and legislative standoffs. Democrats are predicted...- Wall Street Week Ahead: Midterm US elections, earnings, jobs data loom for AI-wary stock marketAs we approach the US midterm elections next week, stock investors are bracing for the impact of significant corporate earnings reports. Th...
- Amazon burns cash, Intel flags weak PC demand as AI boom's costs ripple across marketsAs Wall Street grows increasingly anxious about AI-related expenditures, major tech giants like Amazon and Intel display alarming financial...
- Software stocks slide as Fortinet, ServiceNow fail to meet lofty investor expectationsSoftware companies have been under intense scrutiny this year as investors weigh the likelihood of newer AI models disrupting traditional b...
- US DOJ is inquiring about Nvidia's purchase of Hugging FaceThe Justice Department's recent questioning covers Nvidia's acquisitions, investments, sales practices, and whether the chip designer has e...
- Explainer | Why would Musk merge SpaceX and Tesla?Elon Musk has expressed support for a potential merger between Tesla and SpaceX. This merger could create a technology and manufacturing po...
- Risks spelled out for Anthropic investors include possible harms from runaway AIThe risks laid out by the San Francisco company in its filing Monday with the Securities and Exchange Commission included discussion of bad...
- Anthropic takes AI test with filing for Wall Street debutAnthropic PBC has filed for an IPO, becoming a potential leader in AI technology. The company anticipates trading under the symbol ANT on t...
- Anthropic is said to plan public filing for Mega-IPO MondayAnthropic PBC plans to file for an initial public offering in New York on Monday morning. The artificial intelligence model maker is expect...
- US Markets Today: Dow ends 600 pts lower as AI doubts persist ahead of Fed meetUS stocks ended lower after a turbulent week as fresh doubts over the AI trade weighed on sentiment. The Dow fell 1.25%, while the S&P 500 ...
- AI stocks: Midterm elections could threaten AI trade as data center backlash growsPublic opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory sc...
- Elon Musk wants to merge SpaceX and Tesla: Here's what to knowElon Musk said this week that SpaceX and Tesla have formed special committees to study a merger of his two biggest companies. Musk cautione...
- Anthropic IPO stands alone as AI market jitters sideline othersAnthropic plans to move forward with its initial public offering next month, navigating a challenging IPO landscape. While many companies i...
- Anthropic IPO stands alone as AI market jitters sideline othersAnthropic's planned IPO will test whether its position at the center of the booming AI business, which the company is believed to deem wort...
- Investors see risk from US midterms to AI trade as data center backlash buildsAs public criticism of data centers intensifies ahead of the US midterm elections, the implications for the AI sector and data center devel...
- Korea’s KOSPI crashes another 5% as AI rout deepens; AI bellwether down over 40% from peakChip heavyweight SK Hynix Inc. headed for its lowest close since April. Data-center infrastructure company Elice Inc. plunged as much as 32...
- OpenAI seeks to accelerate fundraising ahead of Anthropic IPO, sources sayOpenAI is working swiftly to secure funds before Anthropic's anticipated public market debut in mid-November. The fundraising effort could ...
- The Social Reckoning: Looking back at Facebook’s 2021 controversy and where Meta stands todayAaron Sorkin’s latest film focuses on Facebook's past controversies and the implications of its business model. The story centres around wh...
- Global markets: Stocks slip as dollar heads for weekly lossIn a week fraught with concerns over escalating interest rates and financial complications tied to AI, global stock indices saw moderate de...
- Anthropic Q3 revenue surges 45% to $16.8 billion as AI startup gears up for $2 trillion IPOAnthropic reported a 45% increase in revenue for the third quarter, reaching $16.8 billion. The company's revenue for the first and second ...
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