The daily market timeline
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Thursday
Thursday
5 news articles · 3 briefs · 0 guides
Anthropic investors are reportedly targeting a valuation above $2 trillion in the company's upcoming IPO, which could become the largest public offering in history.
Anthropic is reportedly negotiating a $6 billion acquisition of Israeli AI startup Decart to strengthen its AI infrastructure and chip optimization capabilities.
Bill Ackman added Netflix, Visa, Mastercard, S&P Global, Intercontinental Exchange, and Alcon in Pershing Square's biggest portfolio overhaul in years.
Chinese memory chipmaker CXMT has surpassed Tencent in market value following its blockbuster IPO, highlighting how the AI boom is reshaping China's equity market.
Prediction market platform Kalshi is reportedly seeking to raise at least $750 million at a $40 billion valuation after annualized revenue surpassed $4 billion.
Nebius reported another explosive quarter as revenue jumped 454% year over year, driven by record demand for AI cloud infrastructure and multibillion-dollar customer contracts.
A Powerball ticket sold in Illinois won a $1.04 billion jackpot, with the winner able to choose between a $450.5 million lump sum or annuity payments over 29 years.
Goldman Sachs has agreed to acquire Neos Investments in a deal worth up to $2.25 billion, expanding its presence in actively managed ETFs and adding several crypto income funds to its portfolio.
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