Anthropic IPO in Focus as Revenue Jumps 45% to $16.8 Billion
Anthropic told investors Q3 revenue reached $16.8 billion, with adjusted profit and positive cash flow, as it prepares for a potential November IPO.
Follow the latest news, earnings and market moves from major companies around the world. This section covers corporate results, mergers and acquisitions, dividends, buybacks, regulatory issues and the biggest gainers or losers on the stock market. We provide timely updates and clear context to help investors and readers understand what drives share prices and sector trends. Designed for professionals and individuals alike, our Stocks coverage delivers actionable insights into equity markets globally.
Anthropic told investors Q3 revenue reached $16.8 billion, with adjusted profit and positive cash flow, as it prepares for a potential November IPO.
South Korea’s KOSPI closed at a six-month low after a 20-minute trading halt, with Samsung down 9.5% and SK hynix losing 11.1% amid AI and rate...
The Nasdaq fell 1.9% and the S&P 500 lost 1.1% as September inflation reached 3.7%, while CoreWeave and Oracle led a sharp AI-stock selloff.
Elon Musk says SpaceX will probably exceed a $100 trillion valuation in less than a decade, barring a major world war, as SPCX trades near a...
Rocket Lab delays Neutron’s first launch to 2027 after a tank manufacturing issue, sending RKLB shares down about 8% in after-hours trading.
CoreWeave shares tumble as bond yields approach 15%, putting CRWV’s interest costs, debt repayments and AI infrastructure spending under scrutiny.
U.S. stocks slide as hotter September inflation and AI borrowing concerns hit CoreWeave and Oracle, while rising oil prices lift energy producers.
Netflix confirms plans to cut roughly 1,000 jobs, or 6% of staff, while maintaining its full-year forecast ahead of October 20 earnings for NFLX.
Bumble agrees to a $1.3 billion cash buyout by Ithaca Holdings, offering BMBL shareholders $6.05 a share as revenue and paying-user numbers decline.
Bank of America shares fall as much as 8.3% as a $1.2 billion regulatory charge cuts profit and weaker trading revenue adds pressure to BAC stock.
BlackRock posts $15.93 in adjusted EPS on $7.75 billion revenue, beating forecasts as $205 billion in net inflows lift assets to $15.49 trillion.
ASML reports €4.96 billion in quarterly profit and raises its annual sales outlook, but says planned capacity cannot meet AI-driven demand through 2028.