Anthropic Revenue Surges to Over $11.5 Billion in Second Quarter
(Bloomberg) — Anthropic PBC is telling prospective investors its second-quarter revenue jumped at least 14-fold versus the same…
Selena Gomez Accused of Fraud by Mental-Health Startup Investors
(Bloomberg) — Pop star Selena Gomez is being accused of fraud by investors who claim she failed to…
OpenAI Buys Back $7 Billion of Employee Shares in Tender Offer
(Bloomberg) — OpenAI has completed a deal to help employees sell roughly $7 billion worth of shares in…
Ceramic Case Could Return With Apple Watch Series 12
Apple is planning to reintroduce its striking ceramic Apple Watch casing as soon as this year, Bloomberg’s Mark…
SK Hynix’s Record Profit Misses Investors’ Lofty AI Expectations
(Bloomberg) — SK Hynix Inc.’s (SKHY) quarterly profit rose a smaller-than expected 557%, adding to heightened fears that…
SK Hynix’s Rebound From $470 Billion Rout Hinges on AI Spending
(Bloomberg) — A $470 billion rout in just a little over a month has flipped SK Hynix Inc.…
SpaceX at $100 could mean investors see zero value in its AI
The selloff in SpaceX shares has driven the stock near a level that would imply investors are assigning…
SpaceX at $100 Would Imply Zero AI Value, Morgan Stanley Says
(Bloomberg) — The selloff in SpaceX shares has driven the stock near a level that would imply investors…
China’s GigaAI Seeks 2026 Hong Kong IPO in First for World Model
(Bloomberg) — Jijia Vision is in discussions to hold an initial public offering on Hong Kong’s stock exchange…
UBS Trading Desk Says Buy Momentum Stocks as Selloff Nears End
(Bloomberg) — The sharp selloff in momentum stocks may be nearing its end, creating an opportunity for investors…
Netflix’s growth slowdown exposes a classic shareholder trap: Chart of the Day
Netflix (NFLX) is still growing. Investors just stopped paying a tech price for it. Shares of the streaming…
Report: OnePlus to Pull Out of US and Europe
OnePlus is exiting the U.S. and European smartphone markets as part of a broader restructuring at parent company…