Evening digest: Anthropic to target $2T valuation in IPO, Gold slips
Anthropic is reportedly targeting a valuation of at least $2 trillion in a potential October IPO, while Chinese memory-chip maker CXMT has overtaken
Economy
Economy
Dow rises as S&P 500 closes at record high on softer inflation, tech gains
US stocks ended higher on Thursday, with the S&P 500 closing at a fresh record as easing inflation data, falling oil prices and
Economy
What drove Workday stock higher on Thursday and what comes next?
Workday (WDAY) shares closed meaningfully higher on Thursday following a Reuters report that the private equity giant Silver Lake is in discussions to
Economy
Why Nvidia’s $500B investment plan is bad news for Oracle stock
Nvidia’s (NVDA) plans to invest a whopping $500 billion in neocloud partners mark a seismic shift in the artificial intelligence (AI) infrastructure market.
Economy
DRAM: Here’s why this Micron, SanDisk, SK Hynix ETF is about to surge
The Roundhill Memory ETF (DRAM) has lost the momentum it had a few months ago as most memory stocks have pulled back. It
Economy
Why SpaceX stock is soaring around 7% today
SpaceX stock (SPCX) rose around 7% on Wednesday after CEO Elon Musk outlined ambitious plans for artificial intelligence and discussed Starlink and the
Economy
Crude oil prices mixed as OPEC, IEA cut demand outlook
Oil prices traded mixed on Wednesday after major energy agencies lowered their forecasts for global oil demand, offsetting support from continued geopolitical tensions
Economy
Meta stock plunges 3% today: here’s why
Meta Platforms (META) shares fell about 3.4% to $578 on Wednesday as investors weighed fresh privacy concerns in Europe alongside mounting legal challenges
Economy
Why is Microsoft stock falling 2% today?
Microsoft Corp. shares MSFT fell 2% in Wednesday morning trading as investors weighed fresh speculation about the company’s in-house Maia AI chips against
Economy
Evening digest: Gold hits 2-month high, Supermicro jumps on earnings
Markets delivered another eventful session on Wednesday as investors reacted to softer-than-feared US inflation data, fresh developments in artificial intelligence, and corporate earnings.